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MannKind, Backed By Blackstone, Expands Cardiorenal Focus With $360 Million Deal
Benzinga· 2025-08-25 17:57
MannKind Corporation MNKD on Monday agreed to acquire scPharmaceuticals Inc. SCPH for a deal value of up to approximately $360 million, or $5.35 per share.The deal marks MannKind’s strategic expansion into cardiorenal medicine, establishing its cardiometabolic business alongside its orphan lung division. It is also made possible on the heels of MannKind’s $500 million strategic financing agreement with Blackstone. ScPharmaceuticals currently markets Furoscix, an FDA-approved on-body infuser delivering furos ...