Business

MannKind Corporation, which is waiting for FDA approval of its Afrezza inhaled insulin, announced that it hopes to raise up to $110 million by lending 9 million shares of its stock to Bank of America.… Read more . . .

Cannabis Science and Smokefree Innotec will co-develop pharmaceutical cannabis products for inhalation. Smokefree Innotec, which manufactures electronic cigarettes, will develop the devices, with Cannabis Science developing the formulations. Read the company’s press release Read more . . .

RTS Life Sciences has formed RTL Life Science LLC, based near Boston, MA.  RTS manufactures automated inhaler testing systems. Read the company’s press release. Read more . . .

Vectura will license dry powder formulation technology to GlaxoSmithKline for use in respiratory products for up to £20 million. The deal is for worldwide rights and is non-exclusive. Read the company’s press release. Read more . . .