MannKind Corp

Los Angeles, United States Founded: 1991 • Age: 35 yrs Listed
Developer of small-molecule drugs

About MannKind Corp

MannKind Corp is a publicly listed company based in Los Angeles (United States) founded in 1991. Developer of small-molecule drugs. MannKind Corp has raised $50 million across 8 funding rounds from investors including Deerfield. The company has 407 employees. MannKind Corp has completed 3 acquisitions, including Qrumpharma, V-Go and scPharmaceuticals. Its chief executive, as recorded, is Michael Castagna. Its website mannkindcorp.com draws about 23 thousand monthly visits. MannKind Corp offers products and services including Afrezza, V-Go, and Technosphere. Its focus areas include Life Sciences, Drug Delivery, Inhaled and Metabolic Diseases. Its legal entity is MannKind Corporation. Its competitors include NGM Biopharmaceuticals, Rhythm Pharmaceuticals and Impel NeuroPharma; 3 of its 3 listed competitors have raised funding.

Company details

MannKind Corporation focuses on the discovery, development, and commercialization of a variety of therapeutic products through its proprietary drug delivery technology. The companys Technosphere formulation technology uses Technosphere Particles for pulmonary delivery of small molecules, peptides, and proteins directly by inhalation and thus helps in rapid drug absorption, bypassing the liver and also in enhancing bioavailability. The dry powder formulations are made with FDA approved excipients. The company also has proprietary products for inhalation profiling and single multi-use inhalers. The companys lead product includes Afrezza (inhalable ultra-rapid-acting insulin).

  • Headquarters Los Angeles, United States
  • Employees 407
  • Stage Public
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Website mannkindcorp.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Mannkind Corporation
Key Metrics
  • Annual Revenue
    $348.97 M (USD)
    22.23
    as on Dec 31, 2025
  • Net Profit
    $5.86 M (USD)
    -78.75
    as on Dec 31, 2025
  • EBITDA
    $68.52 M (USD)
    -11.75
    as on Dec 31, 2025
  • Total Equity Funding
    $50M (USD)

    in 8 rounds

  • Latest Funding Round
    $200M (USD), Post-IPO

    Mar 2021

  • Investors
  • Employee Count
    407
  • Investments & Acquisitions
    Qrumpharma

    & 2 more

Products & Services of MannKind Corp

MannKind Corp offers a comprehensive portfolio of products and services, including Afrezza, V-Go, and Technosphere.

Afrezza
Insulin Therapy

Inhaled insulin powder for managing diabetes effectively.

V-Go
Insulin Delivery

Patch device for continuous insulin administration.

Technosphere
Inhalation Technology

Platform for delivering medications via inhalation.

Funding Insights of MannKind Corp

MannKind Corp has successfully raised a total of $50M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $200 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $50M
  • Total Rounds 8
  • Last Round Post-IPO β€” $200M
  • First Round $50M

    (Jan 2004)

  • Investors Count 1

All 8 funding rounds of MannKind Corp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2021$200MPost-IPO––
–
Mar 2018$8.2MPost-IPO––
–
Jul 2013$40MDebt – Venture––
Aug 2010$100MPost-IPO––
–
Aug 2005$58.9MDebt – Venture––
–
Aug 2005$175MPost-IPO––
–
Aug 2004$189.12MPost-IPO––
–
Jan 2004$50MSeries B––
–
Valuation history

1 investors in total: 1 institutional.

Investors in MannKind Corp

MannKind Corp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Deerfield.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Healthcare ecosystem is supported through investment and innovation by Deerfield.
deerfield.comNew York, United States
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People of MannKind Corp

104 people are tracked at MannKind Corp (46 in leadership, 18 in board & advisors, 40 in team); the tracked headcount is 407.

NameRoleGroup
Michael Castagna
CEOLeadership
Stuart A. Tross
Chief People and Workplace OfficerLeadership
Karen Jaffe
VP, Regulatory Affairs & Quality AssuranceLeadership
Traci Centofanti
Executive Director, ITLeadership
Stephen Woolfrey
Executive Director, Packaging TechnologyLeadership
Sanjay Singh
Executive Vice President ( Tech Operations)Leadership
Kalpesh Brahmskshatriya
Associate Director, Mts, Automation & ControlsLeadership
Stephen Clark
Associate Director Manufacturing Technical ServicesLeadership
Katherine Taudvin
Vp, HRLeadership
Mark Warner
Associate Director - Laboratory Systems ComplianceLeadership
Michael Tortora Chmm, Ohst, Chsp
Associate Director, Environmental Health & SafetyLeadership
David Kendall
Chief Medical OfficerLeadership
Russell Carson
Director, Manufacturing Technical ServicesLeadership
Helena Pereira
Head Of Trade And DistributionLeadership
Sharon Mox
Director Quality EngineeringLeadership
Edyta Perkowski
Manager, HR Business PartnerLeadership
Mshr Tanya Booke
Head Of Talent, Learning And CultureLeadership
John B.
Associate Director - Manufacturing Engineering, Production MaintenanceLeadership
Kevin Finucane
Director, EngineeringLeadership
Karen Anderson
Associate Director, Talent AcquisitionLeadership

84 more people are available in the full profile.

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IPO & Listings of MannKind Corp

MannKind Corp is a publicly listed company on the NASDAQ with ticker symbol MNKD in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 Jul 2004
  • Listed onNASDAQ: MNKD
  • Listed entityMannKind Corporation
  • Exchange sectorHealth technology
  • ISINUS56400P7069
  • Share price$3.05 (-2.56% on the day) · 2026-10-13
  • Market capitalisation$980.7M
  • Price to earnings59.3
  • EPS (diluted, trailing year)$-0.14
  • Volume (last session)4,394,241

Financials of MannKind Corp

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$349.0M$5.9M$68.5M
2024$285.5M$27.6M$77.7M
2023$199.0M-$11.9M$16.4M
2022$99.8M-$87.4M-$62.6M
2021$75.4M-$80.9M-$49.9M
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Detailed financial statements for MannKind Corp

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Investments & Acquisitions by MannKind Corp

MannKind Corp has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Qrumpharma, V-Go and scPharmaceuticals.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of a device for subcutaneous drug delivery for the treatment of bacterial infections and heart failure
scpharmaceuticals.comLexington, United States2013Aug 2025β€’β€’β€’β€’
Product site of disposable, wearable insulin patch pump for continuous and bolus insulin
go-vgo.comDenmark2007May 2022β€’β€’β€’β€’
Therapeutics for diabetes and respiratory disorders are developed.
qrumpharma.comDoylestown, United States2014Dec 2020β€’β€’β€’β€’
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Timeline of MannKind Corp

7 dated milestones of MannKind Corp across 34 years, from founding to its latest funding, stage changes and deals.

  1. Founded MannKind Corp is founded.
  2. Funding First funding round of $50.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires Qrumpharma.
  5. Funding Latest funding round, Post-IPO, of $200.0M.
  6. Acquisition Acquires V-Go.
  7. Acquisition Acquires scPharmaceuticals.

Competitors of MannKind Corp

MannKind Corp has 3 listed competitors in our database, 3 of them funded. They include NGM Biopharmaceuticals, Rhythm Pharmaceuticals and Impel NeuroPharma.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ngmbio.com2007San Francisco, United States$358.87M225
Biologics are developed for cardio-metabolic and liver diseases.
rhythmtx.com2010Boston, United States$84M115
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
impelnp.com2008Seattle, United States$126.83M158
Intranasal delivery technology for CNS diseases is developed.
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Detailed competitors of MannKind Corp

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Web traffic of MannKind Corp

The website of MannKind Corp (mannkindcorp.com) receives about 23.2K visits a month and ranks #1,557,758 among all websites worldwide, #2,076 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    23.2K

    ▲ 57.1% vs previous month

  • Unique visitors
    7.1K

    per month

  • Global rank
    #1,557,758

    among all websites

  • Category rank
    #2,076

    Health · Biotechnology and Pharmaceuticals

Similar websites

Websites whose visitors overlap most with MannKind Corp. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
merck.com
100%
656.8K#78,842View details
novartis.com
93%
948.8K#58,822View details
pfizer.com
92%
1.9M#24,984View details
roche.com
92%
1.3M#42,219View details
xoma.com
91%
8K#3,718,828View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Metabolic Diseases

3 companies that operate in the same segment as MannKind Corp (Metabolic Diseases) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Satiety induction through digestable gastric balloon introduced via a swallowed capsule
2009Wellesley, Massachusetts, United StatesUSD 174.04 MUSD 32.11 M137
Developer of peptide therapeutics for the treatment of rare genetic deficiencies
2010Boston, Massachusetts, United StatesUSD 84 MUSD 189.76 M283
Developer of cortisol modulators for the treatment of various diseases
1998Menlo Park, California, United StatesUSD 761.41 M500
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Related news about Mannkind Corp

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Frequently Asked Questions about MannKind Corp

MannKind Corp was founded in 1991 and raised its 1st funding round 13 years after it was founded.

MannKind Corp is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Michael Castagna is the CEO of MannKind Corp, as recorded in our data.

MannKind Corp is a funded company, having raised a total of $50M across 8 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Jan 2004.

MannKind Corp has 407 employees.

Annual revenue of MannKind Corp is $348.97M as on Dec 31, 2025.

MannKind Corporation focuses on the discovery, development, and commercialization of a variety of therapeutic products through its proprietary drug delivery technology. The companys Technosphere formulation technology uses Technosphere Particles for pulmonary delivery of small molecules, peptides, and proteins directly by inhalation and thus helps in rapid drug absorption, bypassing the liver and also in enhancing bioavailability. The dry powder formulations are made with FDA approved excipients. The company also has proprietary products for inhalation profiling and single multi-use inhalers. The companys lead product includes Afrezza (inhalable ultra-rapid-acting insulin).

MannKind Corp's top competitors include Rhythm Pharmaceuticals, NGM Biopharmaceuticals and Impel NeuroPharma.

MannKind Corp offers Afrezza, V-Go, and Technosphere.

Yes, MannKind Corp is publicly traded on NASDAQ under the ticker symbol MNKD.

MannKind Corp has made 3 acquisitions, including Qrumpharma, V-Go, and scPharmaceuticals.

MannKind Corp has 1 investor. Key investors include Deerfield.

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