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 Incorporated (Nasdaq: INSM) will release its fourth quarter and full year 2022 financial results on February 23, 2023. A conference call for investors is scheduled for 8:30 a.m. ET on the same day to discuss these results and provide a business update. Interested parties can join the call by dialing (844) 200-6205 (U.S.) or (929) 526-1599 (international), or by accessing the live webcast on the company's website. A replay will be available shortly after the event until March 25, 2023. Insmed is focused on serious and rare diseases, with its first therapy already approved in the U.S., Europe, and Japan.
Insmed Incorporated (Nasdaq: INSM) announced its participation in a fireside chat at the virtual SVB Securities Global Biopharma Conference on February 14, 2023, at 12:00 p.m. ET. The event aims to highlight Insmed's commitment to transforming lives through its innovative approaches to serious and rare diseases. The chat will be accessible via the investor relations section on the company's website and will be archived for 30 days post-event. Insmed's first product treats a debilitating lung disease, with ongoing development of therapies targeting unmet medical needs.
Insmed Incorporated (Nasdaq:INSM), a biopharmaceutical company, announced on February 3, 2023, the granting of inducement awards to 18 new employees under NASDAQ Listing Rule 5635(c)(4). The awards consist of options to purchase a total of 240,010 shares at an exercise price of $21.62 per share, which reflects the closing price on the grant date. These options have a 10-year term and a four-year vesting schedule. Insmed's mission focuses on transforming the lives of patients suffering from serious and rare diseases, supported by a robust pipeline of investigational therapies.
On January 20, 2023, Insmed Incorporated (NASDAQ: INSM) announced the granting of inducement awards to 10 new employees as a material inducement for their employment. The awards, approved by the Compensation Committee, comprise options to purchase 107,580 shares at an exercise price of $19.18 per share, which aligns with the Nasdaq closing price on the grant date of January 3, 2023. The options have a 10-year term with a four-year vesting schedule, incentivizing long-term employment. Insmed focuses on therapies for serious diseases and has a pipeline targeting unmet medical needs, enhancing its market position.
Insmed Incorporated reported significant updates during the 41st Annual J.P. Morgan Healthcare Conference. The company highlighted 30% expected growth in ARIKAYCE global revenues for 2022, projecting revenues of $285 to $300 million in 2023. Phase 2 data for Brensocatib in cystic fibrosis showed a clear dose-dependent response. Additionally, a 15% treatment discontinuation rate was reported in the ARISE trial, significantly lower than prior pivotal trials. The ASPEN trial reported a blended event rate of 1.12-1.15 events per patient per year.
Insmed Incorporated (Nasdaq:INSM) will present at the 41st Annual J.P. Morgan Healthcare Conference in San Francisco on January 9, 2023, at 4:30 p.m. PT (7:30 p.m. ET). The session will include a presentation and a Q&A segment, which will be streamed live via the investor relations section of Insmed's website. The webcast will remain available for 30 days post-event. Insmed focuses on transforming the lives of patients with serious and rare diseases, with its first therapy approved for a chronic lung disease and a promising pipeline for unmet medical needs.
Insmed Incorporated (Nasdaq: INSM) announced on December 6, 2022, the granting of inducement awards to 15 new employees as per NASDAQ Listing Rule 5635(c)(4). These awards, aimed at encouraging new hires, involve options to purchase a total of 89,730 shares of common stock at an exercise price of $19.12 per share. The options come with a 10-year term and a four-year vesting schedule, contingent on continued employment. Insmed focuses on therapies for serious and rare diseases, with a commitment to transforming patient lives.
Insmed Incorporated (Nasdaq: INSM), a biopharmaceutical company focused on rare diseases, will present at the Nasdaq 47th Investor Conference in London on December 7 at 8:30 a.m. EST (1:30 p.m. GMT). The presentation will be available via a live webcast on their website, with an archive lasting 30 days post-event. Insmed is dedicated to transforming patient lives through its first commercial therapy and a pipeline aimed at major unmet medical needs, particularly in pulmonary diseases.
Insmed Incorporated (Nasdaq: INSM) announced the grant of inducement awards to 18 new employees on November 4, 2022. This was in compliance with NASDAQ Listing Rule 5635(c)(4) and approved by the Compensation Committee. Each new employee received options to purchase a total of 127,060 shares of common stock at an exercise price of $17.50, the closing price on November 1, 2022. The options have a 10-year term with a four-year vesting schedule.
Insmed Incorporated (Nasdaq: INSM) has announced its participation in three investor conferences in November 2022. The events include:
- Credit Suisse 31st Annual Healthcare Conference on November 8, 2022, at 2:35 PM ET in Rancho Palos Verdes, CA.
- Stifel 2022 Healthcare Conference on November 15, 2022, at 2:25 PM ET in New York, NY.
- Evercore ISI 5th Annual HealthCONx Virtual Conference on November 30, 2022, at 8:50 AM ET.
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