Edition:
United Kingdom

Insmed Announces Proposed Public Offering Of Common Stock


Monday, 20 May 2019 

May 20 (Reuters) - Insmed Inc ::INSMED ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK.INSMED INC - COMMENCED AN UNDERWRITTEN PUBLIC OFFERING OF UP TO $250 MILLION OF ITS COMMON STOCK.INSMED INC - INTENDS TO GRANT UNDERWRITERS A 30-DAY OPTION TO PURCHASE UP TO AN ADDITIONAL $25.5 MILLION OF ITS COMMON STOCK AT PUBLIC OFFERING PRICE.INSMED INC - INTENDS TO USE ITS NET PROCEEDS FROM THIS OFFERING TO CONTINUE TO COMMERCIALIZE ARIKAYCE. 

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24 Jun 2019