INSM
NASDAQ
Biotechnology
$103.38
USD
-$1.09 (-1.04%)
Last close
Market Cap:
$23.24B
Volume:
6.2M
Previous Close
$104.47
Day Range
$102.59 - $108.14
52 Week Range
$90.39 - $212.75
Average Volume (10 Days)
6M
P/E Ratio
0.00
Dividend Yield
0.00%
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.
CEO
Mr. William Lewis
Headquaters
Bridgewater, NEW JERSEY, US
Founded
1991
Employees
1,664
Avalyn Pharma raised $300 million in an upsized IPO, pricing shares at the top of its range and expanding the offering by nearly 30%. The biotech stock jumped 44% on its trading debut, reflecting renewed investor appetite for biopharma companies developing treatments for rare diseases. Novo Holdings, the investment arm of Novo Nordisk's controlling shareholder, is among the company's backers.
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