IN

Insmed

INSM
NASDAQHealth Care
$95.52
USD
-1.94(-1.99%)
At close: Jun 16, 20:00 UTC

Open

$95.63

Prev. Close

$95.70

High

$95.74

Low

$95.25

Market Snapshot

Market Cap

$20.59B

P/E Ratio

-17.4

EPS

-5.57

Revenue

$363.71M

Why INSM moved

Insmed's recent stock decline follows impressive three-year growth from its rare disease drugs, highlighting ongoing challenges in maintaining market confidence despite product successes.

About

Insmed, Inc. is a global biopharmaceutical company, which engages in the development and commercialization of therapies for patients with rare diseases. The company is headquartered in Bridgewater, New Jersey and currently employs 1,664 full-time employees. The company is advancing a diverse range of approved and mid- to late-stage investigational medicines and drug discovery. Its advanced programs are in pulmonary and inflammatory conditions, including a therapy approved in the United States, Europe, and Japan to treat a chronic, debilitating lung disease. Its pre-clinical research programs encompass a range of technologies and modalities, including gene therapy, AI-driven protein engineering, protein manufacturing, RNA end-joining, and synthetic rescue. Its first commercial product, ARIKAYCE (amikacin liposome inhalation suspension), is used for the treatment of Mycobacterium avium complex lung disease as part of a combination antibacterial drug regimen for adult patients with limited or no alternative treatment options. Its pipeline includes clinical-stage programs, brensocatib, TPIP, and INS1201 and pre-clinical research programs. Its INS1148 is an investigational monoclonal antibody.

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