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Post by mnkdmorelong on Jan 5, 2016 18:39:41 GMT -5
I have listened to Matt over the years and today he sounded determined, not flustered at all. Obviously, they do not have a Plan B ready to go. Central to any plan will be a lower price for Afrezza. They need to descend into Tier 2 everywhere. He spoke about the cash; they have $60 mln on hand and $30 credit available from Al. They will stretch this into 2017.
Matt did say this is not the end of Afrezza or Mannkind. But eight months ago he also said the 2015 debt refinance was not going to be dilutive.
Where do we go from here? It would be a shock to me if MNKD was blindsided by SNY and had to gin up a plan B now.
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