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INSM - Insmed - 2009 draadje

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  1. [verwijderd] 27 juli 2009 14:18
    Insmed Provides Update on Supply of IPLEX(TM)

    Insmed to Provide Remaining Supply of IPLEX(TM) to Ensure Continued Access

    RICHMOND, Va., July 27, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Insmed Inc. (Nasdaq: INSM), a biopharmaceutical company, today announced that, effective immediately, the Company will cease the supply of IPLEX((TM)) to any new patients. In addition, the Company will not initiate further clinical trials with IPLEX((TM)) at this time. The Company has determined that its limited inventory on hand must be conserved for the treatment of existing patients.

    Following the previously announced sale of Insmed's Boulder, Colorado manufacturing facility to Merck & Co., Inc. in March 2009, Insmed no longer has the capability to manufacture IPLEX((TM)), an extremely complicated drug to produce. Moreover, any agreement with a third party to undertake the manufacture of IPLEX((TM)), if it was economically feasible and could be arranged, would not result in production of additional quantities of IPLEX(TM) for at least 12 to 18 months.

    There are approximately 70 patients who currently receive IPLEX(TM), 12 in the U.S. and the remainder around the rest of the world. Most of the patients receive IPLEX(TM) pursuant to a court-ordered Extended Access Program (EAP) for Amyotrophic Lateral Sclerosis (ALS) in Italy. The 12 U.S. patients are being treated for ALS under single patient Investigational New Drug applications approved by the U.S. Food and Drug Administration. The Company believes that it has sufficient IPLEX(TM) inventory to supply these patients for no more than 24 months.

    The Company intends to analyze the on-going data collected for various indications, including myotonic muscular dystrophy and ALS, and assess the overall IPLEX(TM) development program, including possible IPLEX(TM) manufacturing options with third parties and possible future clinical trials. Initiation of the Phase II clinical trial for ALS patients in the U.S. that had been discussed with FDA earlier this year has been postponed while the Company performs this assessment.

    Dr. Melvin Sharoky, Insmed's Chairman, said, "We believe that it is in the best interests of patients who are currently receiving IPLEX(TM) to ensure that our current limited inventory is conserved in order to maintain their drug supply as long as possible, while allowing the Company time to consider its development options."
  2. [verwijderd] 27 juli 2009 22:40
    quote:

    crackedtooth schreef:

    Ik post stuk minder

    insm flink stuk verminderd in overeenstemming met risicoprofiel nu
    wacht daarmee rustig af

    verder flink aantal trade posities en wat traders aan het netwerken

    vandaag xoma op .78 gekocht voor .90 rit

    erg bij met SQNM nog onder de 4
    heb ik ook allebei xoma .75 SQNM 5.30

    btw alle clinical trials met iplex zijn stop gezet ook ROP volgens mij en restart HARS en MMD zit er ook voorlopig niet in volgens mij
  3. [verwijderd] 28 juli 2009 09:48
    seekingalpha.com/article/151698-insme...

    Verkoop prijs rond de $1.5-2.0

    Is dit dan inclusief de $120 miljoen?

    Dat betekent dat de huidige waarde van het bedrijf na 10 jaar ontwikkeling nog ongeveer $120 miljoen waard is.

    Zeer vreemd met een omzet van 10 miljoen / jaar. Breakeven en zodra over ongeveer 2 jaar een grote toename van ALS en mogelijk MMD na nieuwe trail.

    Naar mijn idee is het een koopje voor een grote pharma. Ik hou de verkoopprijs toch op $2.5.

    gr, Gismo

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