RICHMOND, Va.--(BUSINESS WIRE)--Pursuant to NASDAQ Marketplace Rule 4350(b) (the “NASDAQ Rule”) any Company, whose securities are listed on one of the NASDAQ stock exchanges, that receives a going concern audit opinion in one of its filings with the Securities and Exchange Commission is required to disseminate this information to the public. In compliance with this NASDAQ Rule, Insmed Incorporated, today announced that it has received a going concern audit opinion for its financial statements dated as of December 31, 2006, and filed as part of its Annual Report on Form 10-K with the Securities and Exchange Commission. This going concern audit opinion was given because the Company’s ability to continue as a going concern is dependent upon its ability to raise capital through securities offerings, debt financing and partnership agreements to fund on-going operations.
