News Headline Summary

MannKind (MNKD) wins FDA approval for Afrezza for treatment of diabetes; FDA has boxed warning on Afrezza on acute bronchospasm

Reaction details:

- In an immediate reaction MNKD shares rose 3.8% from USD 10.70 to USD 11.11 before the announcement that the FDA approved drug can cause bronchospasm which resulted in the shares falling 14.4% to USD 9.51 before being halted. 

Print 19:26, 27 Jun 2014 - US Equities - Source: BBG