Insmed Inc.'s stock more than doubled after it reported positive Phase III results for its amikacin liposome inhalation suspension (ALIS) in patients with a rare lung disease, which it hopes could lead to an even wider market.
Bridgewater, NJ-based Insmed said on Sept. 5 that ALIS plus guideline-based therapy (GBT) met its primary endpoint of culture conversion by month six in adult patients with treatment-refractory nontuberculous mycobacterial (NTM) lung disease caused by Mycobacterium avium complex (MAC) – a population of about 26,400 to 34,400 patients in the US, Japan and top five EU markets (EU5)