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Form 8-K · Current Report · Filed 2024-08-09

Insmed Completed Redemption of Convertible Senior Notes

On August 9, 2024, Insmed Incorporated completed the redemption of all outstanding 1.75% Convertible Senior Notes due 2025, paying the holders the full principal amount plus accrued interest.

Filer
Insmed Inc. INSM · NASDAQ
Filed
Accession
0001140361-24-036671
CIK
0001104506
Signal
Medium impactHealthcare

Items reported

Item 8.01

Other Events

Convertible Notes Offering

Market reaction

Close before filing

$71.81

Next session

+3.2%

Since filing

+37.3%

Latest close

$98.60

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from INSM reporting the same item, with the next session's move:

About Insmed Inc.

Insmed Inc. is a biopharmaceutical company dedicated to enhancing the lives of patients with rare diseases. The company's primary focus is on the development and commercialization of treatments for serious and rare disorders, particularly in the fields of pulmonology and infectious diseases. One of Insmed's noteworthy products is Arikayce, an inhaled antibiotic that addresses specific pulmonary infections often affecting patients with underlying lung conditions. Insmed Inc. also undertakes robust research and development efforts to boost its pipeline of potential therapies, aiming to address unmet medical needs. Operating within the broader healthcare sector, Insmed is a key player in the biopharmaceutical landscape, driven by innovation and scientific research. The company’s continued advancements and strategic collaborations underscore its commitment to elevating patient care and expanding treatment options for rare disease patients. This aligns Insmed as a significant entity in the realm of specialized healthcare solutions, reflecting its impact on the biopharmaceutical market.

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