MannKind to Test Cancer Drug

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MannKind Corp. said the U.S. Food and Drug Administration has cleared the Valencia-based drug developer to begin human testing for one of its cancer drugs.


The company said on Monday it can now begin early-stage clinical trials on MKC1106-PP to test its safety and the ability of patients with solid tumors to tolerate it. Enrollment of participants is expected by the end of this year.


The company is in late-stage trials on its lead product, an inhaleable insulin system called Technosphere.


Mannkind’s shares were off 9 cents in afternoon trading on Nasdaq to $17.35.

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