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Insulin Resistance

Insmed obtains patent rights for IGF-I therapy

Published in Gene Therapy Weekly, February 26th, 2004

Insmed, Inc., (INSM) announced that Insmed has been granted a nonexclusive license to patent rights pertaining to the use of an Insulin-Like Growth Factor-I (IGF-I) therapy, for the treatment of extreme or severe insulin resistant diabetes, from Fujisawa Pharmaceutical Co., Ltd., (Fujisawa).

Under the terms of the agreement, Insmed will obtain worldwide rights in territories (excluding Japan) where a valid patent claim exists, including the United States and Europe. Financial terms were not disclosed.

Seiji Hashimoto, PhD, director, product planning, global corporate strategic planning of Fujisawa, stated, "Severe insulin resistance can be a...

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