Welcome to our dedicated page for Insmed news (Ticker: INSM), a resource for investors and traders seeking the latest updates and insights on Insmed stock.
Insmed, Inc. (Symbol: INSM) is a global biopharmaceutical company headquartered in Bridgewater, NJ, with a mission to transform the lives of patients with serious and rare diseases. The company is committed to developing and bringing to market therapies that significantly improve patient lives, focusing on the entire patient journey from diagnosis and treatment to daily living.
Insmed's flagship product, ARIKAYCE (amikacin liposome inhalation suspension), is approved in the US for treating Mycobacterium Avium Complex (MAC) lung disease in adult patients who have limited or no alternative treatment options. ARIKAYCE, utilizing Insmed's proprietary PULMOVANCE® liposomal technology, delivers amikacin directly to the lungs, reducing systemic exposure and associated toxicities. It is administered using the Lamira® Nebulizer System developed by PARI Pharma GmbH, known for its efficiency and portability.
The company’s clinical pipeline includes multiple promising candidates. Notable among them is Brensocatib, a novel oral reversible inhibitor of dipeptidyl peptidase 1 (DPP1). It is being developed for treating non-cystic fibrosis bronchiectasis and other neutrophil-mediated diseases. Another significant pipeline product is TPIP (Treprostinil Palmitil Inhalation Powder), an inhaled formulation being evaluated for pulmonary arterial hypertension and other serious pulmonary disorders.
Insmed has demonstrated robust financial performance, with significant revenue growth driven by ARIKAYCE. The company continues to invest heavily in research and development, with plans to expand its product portfolio and market reach globally.
Insmed's strategic partnerships and collaborations play a crucial role in advancing its mission. These include collaborations with PARI Pharma for the Lamira® Nebulizer System and AstraZeneca AB for utilizing their expertise in respiratory diseases.
Recent updates include positive financial results for the third quarter of 2023, robust revenue growth from ARIKAYCE, and significant progress in clinical trials. Noteworthy are the topline results from the Phase 3 ASPEN study for Brensocatib, indicating its potential as a first-in-class treatment. Insmed plans to file a New Drug Application (NDA) with the FDA for Brensocatib by late 2024, aiming for a potential launch in 2025.
The company is also advancing its early-stage research engine, exploring innovative technologies such as artificial intelligence-driven protein engineering and gene therapy, positioning itself at the forefront of biopharmaceutical innovation.
Insmed (Nasdaq: INSM) will present seven posters at the ATS 2022 International Conference, highlighting data on ARIKAYCE, brensocatib, and treprostinil palmitil inhalation powder. Key presentations include real-world evidence on ARIKAYCE's effectiveness in reducing hospitalizations and an analysis of the benefit-risk profile of brensocatib in bronchiectasis patients. The conference, set for May 13-18, 2022, in San Francisco, is a platform for the latest advancements in treatments for serious diseases.
Insmed Incorporated (Nasdaq: INSM) announced the granting of inducement awards to 15 new employees as a material inducement for their employment, as per NASDAQ Listing Rule 5635(c)(4). On March 1, 2022, the employees were granted options to purchase a total of 61,090 shares at an exercise price of $23.99 per share, reflecting the closing price on that date. The options have a 10-year term and a four-year vesting schedule, with 25% vesting on the first anniversary and subsequent vesting every six months.
Insmed Incorporated (Nasdaq: INSM) will present at the Cowen 42nd Annual Health Care Conference on March 9, 2022, at 9:10 a.m. ET. The live fireside chat will be accessible via the company's investor relations section on their website, with an archive available for 30 days post-event. Insmed focuses on treating serious and rare diseases and has launched a first-in-disease therapy approved in the U.S., Europe, and Japan. The company is also developing therapies for unmet needs in inflammatory diseases and rare pulmonary disorders.
Insmed Incorporated (Nasdaq: INSM) reported a strong fourth quarter and full-year 2021, with total revenue reaching $56.1 million for Q4 and $188.5 million for the full year, a rise from $164.4 million in 2020. The company saw ARIKAYCE net sales of $159.5 million in the U.S. and launched the product in several European markets. However, Insmed also reported a net loss of $113 million in Q4 2021, leading to a full-year loss of $434.7 million. Despite these losses, the company expects ARIKAYCE revenues to grow by at least 30% in 2022, supported by a cash position of $766.8 million.
Insmed Incorporated, a biopharmaceutical company focused on serious rare diseases, will present at the SVB Leerink Virtual 11th Annual Global Healthcare Conference on February 18, 2022, at 10:00 a.m. ET. The fireside chat will be available for live viewing on the company’s investor relations website and archived for 30 days post-event. Insmed’s first product targets chronic lung disease, with ongoing research into therapies for neutrophil-mediated inflammatory diseases and rare pulmonary conditions. The company is based in Bridgewater, New Jersey.
Insmed Incorporated announced the granting of inducement awards to 10 new employees as part of their recruitment strategy. Each employee received options to purchase a total of 74,410 shares of common stock at an exercise price of $23.71, aligning with the market closing price on February 1, 2022. The options have a 10-year term with a four-year vesting schedule. Insmed focuses on transforming lives through treatments for serious and rare diseases, and it is advancing a pipeline targeting unmet medical needs.
Insmed Incorporated (Nasdaq: INSM) will announce its fourth quarter and full year 2021 financial results on February 17, 2022. Management will also provide a business and pipeline update during a conference call from 8:00 to 9:30 a.m. ET. Interested parties can join by calling specified numbers or via webcast on the company's website. A replay of the call will be available for a month. Insmed's mission is to improve lives with therapies for serious diseases, and it has a robust pipeline addressing unmet medical needs.
Insmed Incorporated (Nasdaq: INSM) announced its participation in the 40th Annual J.P. Morgan Healthcare Conference on January 10, 2022, at 3:45 p.m. ET. The event will be available via live webcast on the company's website, with an archived version accessible for 30 days post-event. Insmed is focused on transforming the lives of patients with serious and rare diseases, notably with its first commercial product targeting a chronic lung disease and an expanding pipeline for unmet needs.
Insmed Incorporated (Nasdaq: INSM) announced the granting of inducement awards to six new employees, totaling 43,610 stock options exercisable at $26.69 per share. These options come with a ten-year term and a four-year vesting schedule, with 25% vesting after one year and the remainder vesting semi-annually thereafter. This move, compliant with NASDAQ Listing Rule 5635(c)(4), aims to attract talent into the company. Insmed focuses on treating serious and rare diseases, with an approved therapy for a chronic lung disease and a pipeline of investigational therapies.
Insmed has announced the grant of inducement awards to 15 new employees, approved by its Compensation Committee in accordance with NASDAQ Listing Rule 5635(c)(4). Each employee received options to purchase a total of 52,180 shares at an exercise price of $31.05, the closing price as of November 1, 2021. The options have a ten-year term and will vest over four years, with the first 25% vesting after one year, followed by 12.5% every six months. Insmed aims to improve the lives of patients with serious and rare diseases and continues expanding its pipeline of therapies.
FAQ
What is the current stock price of Insmed (INSM)?
What is the market cap of Insmed (INSM)?
What is Insmed's primary mission?
What is ARIKAYCE?
What are Brensocatib and TPIP?
Where is Insmed headquartered?
What are Insmed's recent financial highlights?
What are the strategic partnerships of Insmed?
What are the latest developments in Insmed's clinical trials?
What is Insmed's approach to early-stage research?
What is the Lamira® Nebulizer System?