Quarterly Revenue Growth
Total Q1 2026 revenues of $90.0M, up 15% year-over-year, driven in part by the inclusion of FURO6 following the SC Pharma acquisition.
FURO6 Commercial Momentum
FURO6 net sales of $15.5M in Q1; record number of prescribers with 75% repeat writers; doses dispensed grew 64% year-over-year and doses dispensed were reported up nearly 60% through April versus the same period last year. Company reaffirmed full-year FURO6 revenue guidance of $110M–$120M.
Afrezza Performance and Pediatric Readiness
Afrezza global net sales of $15.3M, up 3% year-over-year. FDA updated Afrezza label to provide clear pediatric starting dose guidance; launch buildout for Afrezza Pediatrics completed ahead of the May 29 PDUFA date. Broad addressable opportunity noted (38M patients in current indications; ~360k ages 8–22 with type 1 diabetes in U.S.).
United Therapeutics Collaboration & Near-Term Milestones
Received $5.0M upfront payment for advancing ralinepag DPI; potential to receive up to $35M in development milestones plus a 10% royalty on net sales. Company expects approximately $15M of those milestones to be earned over the next 12 months.
Manufacturing Durability: Tyvaso DPI Supply Agreement
MannKind confirmed as sole manufacturer of Tyvaso DPI under a supply agreement that includes contractual minimums, providing a more predictable annual manufacturing revenue base.
Royalties and Cash Generation
Q1 royalties increased 9% year-over-year to $32.7M, supporting capital priorities including debt retirement and pipeline funding.
SC Pharma Integration and Synergies
Integration ~7 months post-close with integration largely complete for most functions; identified synergies exceeded the previously stated $20M annual target.
Pipeline Progress: MNKD-201 (nintedanib DPI)
Phase 1b Cohort 1 in IPF patients completed with no discontinuations due to cough or serious adverse events in first 12 patients; top-line Phase 1b data expected in Q3 2026. Global Phase 2 enrollment initiated this quarter to accelerate development.