Furoscix

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MannKind, Backed By Blackstone, Expands Cardiorenal Focus With $360 Million Deal
Benzinga· 2025-08-25 17:57
Core Insights - MannKind Corporation has agreed to acquire scPharmaceuticals Inc. for a deal value of up to approximately $360 million, or $5.35 per share, marking a strategic expansion into cardiorenal medicine [1] - The acquisition is supported by MannKind's recent $500 million strategic financing agreement with Blackstone [1] Company Overview - ScPharmaceuticals markets Furoscix, an FDA-approved on-body infuser for treating fluid overload in adult patients with chronic heart failure and chronic kidney disease, with a total addressable market opportunity exceeding $10 billion in the U.S. [2] - For the six months ended June 30, scPharmaceuticals reported net sales of $27.8 million, reflecting a 96% year-over-year increase [2] Product Development - The Furoscix ReadyFlow Autoinjector is expected to submit a supplemental New Drug Application in Q3 2025, aiming to reduce treatment time from five hours to less than 10 seconds [3] Strategic Goals - MannKind's CEO highlighted that the acquisition expands patient-centered brands and demonstrates the company's commitment to innovative therapies for cardiometabolic and orphan lung diseases, with expectations for double-digit growth over the next decade [4] - The combined company will own Afrezza, Furoscix, and V-Go, with an annualized run rate of over $370 million based on second-quarter 2025 earnings [4] Market Reaction - Following the acquisition announcement, scPharmaceuticals' stock rose by 15.36% to $5.59, while MannKind's stock decreased by 4.50% to $3.93 [5] Pipeline Advancements - MannKind is advancing a late-stage pipeline that includes inhaled Clofazimine (MNKD-101) for nontuberculous mycobacterial lung disease and Nintedanib DPI (MNKD-201), which is expected to initiate a phase 2 clinical trial for idiopathic pulmonary fibrosis by the end of 2025 [6]
scPharmaceuticals: Furoscix Sales To Accelerate Throughout 2025
Seeking Alpha· 2025-05-22 11:29
Core Insights - The article discusses the investment position of SCPH, indicating a beneficial long position in the shares of the company [1] Group 1 - The analyst expresses personal opinions regarding SCPH and clarifies that no compensation is received for the article, aside from Seeking Alpha [1] - There is an emphasis on the importance of conducting due diligence and consulting with investment professionals before making trades [2] - The article highlights that past performance is not indicative of future results, and opinions expressed may not reflect the views of Seeking Alpha as a whole [3]