Insmed up 41% based on bronchiectasis results

4 February 2020

US biopharma Insmed (Nasdaq: INSM) shares closed 41% up on Monday.

Markets were reacting to the company’s presentation of top-line results from Insmed’s Phase II WILLOW study of INS1007 administered once daily in adults with non-cystic fibrosis bronchiectasis (NCFBE).

There are currently no approved therapies specifically targeting this severe and chronic pulmonary disease in the USA, Europe, or Japan.

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