Insmed Phase III Date Support Accelerated Approval For ALIS In Rare Lung Disease

Insmed will pursue accelerated approval for ALIS after its inhaled amikaycin, formerly known as Arikayce, met the primary endpoint in a Phase III study of adult patients with a rare, bacteria-driven lung disease.

Insmed Inc. will seek accelerated approval for amikacin liposome inhalation suspension (ALIS) after the drug candidate formerly known as Arikayce eliminated the bacterial evidence of a rare lung disease in a Phase III clinical trial, pursuing a path originally shot down by the US FDA in 2014.

Bridgewater, NJ-based Insmed's stock price more than doubled on Sept. 5 – rising 119.6% to close at $26.99 – after...

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