MannKind down premarket

|About: MannKind Corporation (MNKD)|By:, SA News Editor

Shares of MannKind Corp. (MNKD) are down 18% before the open on mediocre volume in response to the FDA extending its AFREZZA PDUFA date three months to July 15.

The company says the agency needs the time to review the information it submitted in response to its requests.

This should not be surprising since the Ad Comm meeting was only a week ago.