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Insmed Inc.
Insmed Reports Financial Results for Second Quarter and First Half of 2007
August 18th, 2007
Insmed Inc. (Nasdaq:INSM), (referred to herein as "Insmed", "we", "our" and "us"), a biopharmaceutical company with unique protein process development and manufacturing experience and a proprietary protein platform aimed at niche markets with unmet medical needs, announced results for the second quarter and six-month period ended June 30, 2007. Revenues for the three months ended June 30, 2007 were $2.3 million, up from $210,000 from the corresponding period in 2006. The increase was due to two factors: improvements in cost recovery from Insmed's Expanded Access Program (EAP) to treat patients with amyotrophic lateral sclerosis (ALS) and the receipt of licensing income...
Source: Law & Health Weekly (2007-08-18)
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