The biggest winner in health care, and possibly on the entire market, was MannKind (NASDAQ:MNKD) today, up an astonishing 73% after the advisory committee reviewing its inhalable insulin Afrezza to make its recommendation to the FDA for or against, shocked the world by voting overwhelmingly in favor of the drug. The final votes were 13-1 in support of its type 1 diabetes indication, and 14-0 for type 2 diabetes.
In this video, Motley Fool health-care analyst David Williamson breaks down just how much of a massive win this is for the company. He discusses the long road MannKind has traveled toward commercialization, and the further questions and concerns he has, now that FDA approval looks incredibly likely.
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David Williamson and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.