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Stock impact report

Jim Cramer on Insmed: “This One Is Worth Keeping an Eye On” [Yahoo! Finance]

Insmed, Inc. (INSM) 
Last insmed, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.insmed.com
Company Research Source: Yahoo! Finance
“First there's one that, jeez, eluded me, it's called Insmed. That's a biopharma company that ended last year up 152% for the fifth best performer in the Nasdaq-100. Now, this company is focused on developing drugs for rare diseases and they got an FDA approval from one of their top drug candidates last year. It was a treatment for a lung condition called non-cystic fibrosis bronchiectasis. Now, Wall Street's bullish because the drug seems to be a powerful anti-inflammatory. And remember, these are what's known as orphan drugs and they are protected by Congress… a long time ago and been for a long time. Now, Insmed has come down a bit from its highs. The stock pulled back about 18% from its early December peak largely because the drug that just got approved saw a disappointing clinical trial result in chronic sinusitis. Still, this one is worth keeping an eye on. And I admit, I had not been following it until the review. That's one of the reasons I like these reviews so much. Insmed, Show less Read more
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