DALLAS, June 14, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Insmed Inc. (Nasdaq:INSM). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Insmed Inc. (INSM) is a biopharmaceutical company focused on the development of innovative inhaled pharmaceuticals for the site-specific treatment of serious lung diseases. The Company's primary focus is on the development of inhaled antibiotic therapy delivered via proprietary advanced pulmonary liposome technology in areas of high unmet need in lung diseases. INSM's lead product candidate ARIKACE is an inhaled antibiotic supported by positive phase II results for treating serious lung infections due to susceptible bacteria.
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In the report, the analyst notes:
"INSM saw its stock rise more than 12% in Monday's trading after the Company last Friday announced positive data through six treatment cycles (72 weeks total duration) of its phase II clinical trial program for ARIKACE in cystic fibrosis (CF) patients with Pseudomonas lung infections. Predrag Minic, M.D., professor of Pediatrics and head of Pediatrics Pulmonology Department, Mother and Child Health Institute, Belgrade, Serbia, and co-lead investigator of the study, presented the data at the 34th European Cystic Fibrosis Conference in Hamburg, Germany."
"According to the release, the data demonstrated that ARIKACE, delivered once-daily for 28 consecutive days, followed by 56 days off-treatment, for a total of six cycles, resulted in statistically significant improvement in lung function that was sustained over a 72-week period."
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