Exhibit 99.1
Company Contact:
Matthew Pfeffer
Chief Financial Officer
(661) 775-5300
mpfeffer@mannkindcorp.com
MannKind Announces Pricing of Public Offering of Common Stock
VALENCIA, California August 5, 2009 MannKind Corporation (Nasdaq: MNKD) today announced the
pricing of the public offering of 7,400,000 shares of its common stock. MannKinds chairman, chief
executive officer and principal stockholder, Alfred E. Mann, is purchasing 1,000,000 of these
shares from the underwriters. All of the shares are being offered by MannKind. MannKind expects
the offering to close on or about August 10, 2009, subject to customary closing conditions. In
addition, MannKind has granted the underwriters a 30-day option to purchase up to an additional
960,000 shares to cover over-allotments, if any.
Jefferies & Company, Inc. is acting as sole book-running manager in this offering. The co-manager
in this offering is Rodman & Renshaw, LLC.
A registration statement relating to the shares of common stock issued in the offering has been
filed with, and declared effective by, the Securities and Exchange Commission (the SEC). A
prospectus supplement relating to the offering will be filed with the SEC. Copies of the final
prospectus supplement and related prospectus, when available, may be obtained from Jefferies &
Company, Inc., Attention: Syndicate Prospectus Department, 520 Madison Avenue, New York, NY, 10022
or at (888) 449-2342. This press release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of, these securities in any state or other
jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration
or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains forward-looking statements, including statements related to MannKinds
public offering of common stock and the anticipated closing date of the offering that involve risks
and uncertainties. Words such as believes, anticipates, plans, expects, intend, will,
goal, potential and similar expressions are intended to identify forward-looking statements.
These forward-looking statements are based upon MannKinds current expectations. Actual results and
the timing of events could differ materially from those anticipated in such forward-looking
statements as a result of these risks and uncertainties, which include, without limitation, risks
related to the underwriters consummation of their obligations to purchase the securities, whether
MannKind will be able to satisfy its conditions to close the offering, the progress, timing
and results of clinical trials, difficulties or delays in seeking or obtaining regulatory approval,
the manufacture of AFRESA, competition from other pharmaceutical or biotechnology companies,
MannKinds ability to enter into any collaborations or strategic partnerships, intellectual
property matters, stock price volatility and other risks detailed in MannKinds filings with the
Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended
December 31, 2008 and periodic reports on Form 10-Q and Form 8-K. You are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the date of this press
release. All forward-looking statements are qualified in their entirety by this cautionary
statement, and MannKind undertakes no obligation to revise or update any forward-looking statements
to reflect events or circumstances after the date of this press release.