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Published on 8/3/2006 in the Prospect News Biotech Daily.

MannKind on hold by Jefferies

Jefferies & Co., Inc. analyst Adam Walsh rated MannKind Corp. at hold on expectations of a partnership deal for TI. The company reported second-quarter loss per share of $1.10, $0.25 below Jefferies' estimate and $0.19 below Street consensus. Shares of the Valencia, Calif.-based biopharmaceutical company were up 10 cents, or 0.54%, at $18.48, on volume of 295,655 shares versus the three-month running average of 307,475 shares. (Nasdaq: MNKD)


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