Insmed Inc.'s $650M IPO
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Business & Economics
Insmed (INSM) Soars After Raising $650 million

76% Informative
Insmed Inc. (NASDAQ: INSM ) jumped for a second day on Wednesday , adding 7.75 percent to close at $ 97.98 apiece.
Proceeds from the offer will be used to fund the continued research and development, pre-commercialization of its drug candidates brensocatib, Arikayce , treprostinil palmitil inhalation powder (TPIP), and INSI201, among others.
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