Insmed Incorporated Announces Pricing Of Public Offering Of Common Stock

BRIDGEWATER, N.J.--(BUSINESS WIRE)--Insmed Incorporated (Nasdaq:INSM) announced today that it priced an offering of 10.0 million shares of its common stock at a price of $20.65 per share in a registered underwritten public offering for gross proceeds of $206.5 million. All of the shares of common stock in the offering are to be sold by Insmed. Net proceeds to Insmed from this offering are expected to be approximately $194 million, after deducting underwriting discounts and commissions, and other estimated offering expenses payable by Insmed. The offering is expected to close on or about April 6, 2015, subject to the satisfaction of customary closing conditions.

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