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Stock impact report

Insmed shares rise on positive late-stage trial results for lung disease therapy [Yahoo! Finance]

Insmed Incorporated (INSM) 
Last insmed incorporated earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.insmed.com
Company Research Source: Yahoo! Finance
Insmed Incorporated (NASDAQ:INSM) shares jumped almost 8% in early trade on Monday after the company reported positive topline results from a Phase 3b study evaluating its lung disease therapy ARIKAYCE. The ENCORE trial assessed ARIKAYCE (amikacin liposome inhalation suspension) in combination with standard multidrug therapy versus placebo plus multidrug therapy in patients with newly diagnosed Mycobacterium avium complex (MAC) lung infection who had not previously received antibiotics. The study met its primary endpoint, showing a statistically significant improvement in respiratory symptom scores at Month 13 compared with the control group. Patients receiving ARIKAYCE saw a 17.77-point improvement from baseline, compared with 14.66 points in the placebo arm, a difference of 3.11 points. All multiplicity-controlled secondary endpoints were also met, including culture conversion rates. By Month 6, 87.8% of patients in the ARIKAYCE group achieved culture conversion, compared wit Show less Read more
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