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INSM - Insmed - 2009 draadje

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ludwig mack
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Insmed Announces FDA Clearance of IND for Pivotal Phase 3 Trial of ARIKACE™ in Nontuberculous Mycobacteria Indication
-- Company Continues to Expect to Begin Accruing Patients to Phase 3 Study in Second Half of 2011 --

RICHMOND, Va., March 21, 2011 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSMD), a biopharmaceutical company, announced today that the Company's Investigational New Drug Application (IND) to conduct a pivotal Phase 3 clinical trial of ARIKACE™ (liposomal amikacin for inhalation) in nontuberculous mycobacteria (NTM) lung infections has been cleared by the U.S. Food and Drug Administration (FDA).

In 2010, Insmed initially submitted a regulatory filing to FDA requesting clearance to proceed with a Phase 2 clinical trial for ARIKACE in NTM. FDA responded by suggesting that the Company could change the proposed Phase 2 trial to a primary efficacy study. Based on this feedback, Insmed submitted its IND seeking FDA clearance to initiate a Phase 3 clinical trial of ARIKACE in NTM earlier in the first quarter of this year.

Development of the clinical program aimed at NTM infections was done in partnership with the National Institute of Allergy and Infectious Diseases (NIAID) at the National Institutes of Health. According to Kenneth Oliver, M.D., M.P.H., staff pulmonologist in the NIAID Laboratory of Clinical Infectious Diseases, current NTM treatment requires lengthy multi-drug regimens that can be poorly tolerated and are often not very effective, especially in patients with severe disease or in those who have failed prior treatment attempts.

No new drugs have been assessed for NTM in a significant number of years. The sustained-release formulation of ARIKACE allows for targeting of the drug to the lungs and the site of disease.

"FDA clearance of our IND to conduct a pivotal Phase 3 clinical trial for ARIKACE in NTM is a critical step in continuing to advance our development plan for this compound," said Renu Gupta, M.D., Executive Vice President Development & Chief Medical Officer of Insmed. "We continue to expect that patient accrual will begin in our Phase 3 clinical trials of ARIKACE in NTM, as well as in the cystic fibrosis P
ludwig mack
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INFORMATION TO BE INCLUDED IN THE REPORT

Section 8—Other Events

Item 8.01

Other Events

On March 17, 2011 Insmed Incorporated received a letter from The NASDAQ Stock Market informing Insmed that the Company has regained compliance with the bid price rule and is currently in compliance with all continued listing standards of The NASDAQ Capital Markets.

Insmed issued a press release on March 21, 2011 to announce that the Company had regained compliance, a copy of which is attached hereto as Exhibit 99.1.

Also, on March 21, 2011, Insmed Incorporated issued a press release announcing FDA clearance of IND for pivotal Phase 3 trial of ARIKACE™ in nontuberculous mycobacteria indication. A copy of the press release is attached hereto as Exhibit 99.2.

The information contained herein, including the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
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ludwig mack
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Last Trade: 6.27
Trade Time: 1:49PM EDT
Change: Up 0.98 (18.53%)
Prev Close: 5.29
Open: 5.39
Bid: 6.26 x 900
Ask: 6.29 x 700
1y Target Est: 10.00
Day's Range: 5.36 - 6.27
52wk Range: 4.69 - 12.10
Volume: 167,767
Avg Vol (3m): 43,502
Market Cap: 98.14M
P/E (ttm): N/A
EPS (ttm): -0.49
Div & Yield: N/A (N/A)
ludwig mack
0
On Friday March 25, 2011, 1:20 pm

NEW YORK (AP) --

A look at the 10 biggest percentage gainers on Nasdaq at 1 p.m.:
Astea International Inc. rose 53.5 percent to $6.14.
Body Central Corp. rose 23.9 percent to $22.93.
Zagg Inc. rose 17.7 percent to $7.50.
Insmed Inc. rose 15.1 percent to $6.09.
Canterbury Park rose 11.5 percent to $13.20.
Pervasive Software Inc. rose 10.6 percent to $6.90.
Funtalk China Holdings Ltd. rose 10.1 percent to $6.77.
First Bankshares Inc. rose 9.5 percent to $6.47.
Warren Resources Inc. rose 8.9 percent to $5.02.
Omeros Corp. rose 8.3 percent to $7.27.

finance.yahoo.com/news/Nasdaq-stocks-...
ludwig mack
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raar, wat gebeurt er dan precies wat we niet weten, of al weten dat anderen nog niet weten ;-)
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Even een stapje terug voor de nieuwe aanloop... ik gok door de $6,50 heen vandaag..

RT
ludwig mack
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ik koop bij als ik meer weet; risico is niet meer of minder geworden; met de flow meegaan zonder wat is ook zo wat;
sta op zwaar verlies dus laat maar komen ;-)
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