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Published on 9/14/2006 in the Prospect News Biotech Daily.

MannKind on hold by Jefferies

Jefferies & Co., Inc. analyst Adam Walsh rated MannKind Corp. at hold. Walsh is encouraged by the two-year 030 safety trial. Enrollment in the trial is completed ahead of the analyst's year-end 2006 expectation. Look for positive 014 data to be presented this week. The company also completed patient enrollment in its pivotal long-term Technosphere Insulin phase 3 safety trial. Shares of the Valencia, Calif.-based biopharmaceutical company were up 19 cents, or 1.05%, at $18.21. (Nasdaq: MNKD)


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