Volume Alert: Insmed may be active after Phase II trial result (INSM)
Posted in GeneralJune 25th, 2009
Insmed Inc. (Nasdaq: INSM) announced this morning that its IPLEX candidate for treating muscular dystrophy did not show a statistically significant improvement in the functional measure of endurance in a Phase II trial. Shares were halted just before 8 a.m. Eastern this morning, pending the announcement.
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