By Connor Hart
Shares of Insmed climbed after the company disclosed what it called positive topline results from a late-stage study of its treatment for certain lung infections.
The stock rose 10%, to $150.02, in premarket trading Monday. Shares are up more than 71% over the past year through Friday's close, despite having lost more than a fifth of their value over the past three months.
The biopharmaceutical company said before the bell that its treatment, amikacin liposome inhalation suspension, demonstrated statistically significant and clinically meaningful improvements for patients with a new occurrence of Mycobacterium avium complex, or MAC, lung infection, when used in combination with an existing multidrug therapy.
"These results are an exciting win for patients living with MAC lung disease," said Chief Medical Officer Martina Flammer, adding that the treatment has the ability to deliver "real clinical benefit as part of a multidrug treatment regimen."
Insmed said it plans to file a supplemental new drug application for the therapy in the second half of 2026 to support potential label expansion and to obtain traditional approval for the existing refractory indication in the U.S.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
March 23, 2026 09:06 ET (13:06 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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