MannKind Selects Chief Commercial Officer

MannKind Corp. on Wednesday announced that Patrick McCauley will join the company as chief commercial officer. The Valencia biotech said McCauely will assume the responsibility of leading commercial sales operations for Afezza, the company’s only commercial product. The chief commercial position was previously held by Michael Castagna who was appointed by the board as the company’s chief executive in May. McCauley previously worked as a sales leader at Astellas Pharma and at Dupont Pharmaceuticals. “Pat is an exceptional addition to our executive leadership team and he will be a huge asset for us as we transform MannKind into a world class company,” Castagna said in a statement. “I expect Pat will help us to accelerate the growth of Afrezza and pipeline products to come, and position our company to deliver strong results in the years ahead.” Shares of MannKind (MKND) on Wednesday closed up 1 cent or less than 1 percent to $1.17 on the Nasdaq.