NEW YORK, Sept. 12, 2016 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the District of New Jersey on behalf of investors who purchased Insmed Incorporated
(NASDAQ:INSM) securities between March 18, 2013 and June 8, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/insmed-incorporated. There is no cost or obligation to
you.
According to the complaint, throughout the Class Period, defendants issued false and misleading statements to
investors and/or failed to disclose that: (1) the data supporting Insmed’s European marketing authorization application (“MAA”) for
lead product candidate ARIKAYCE was not likely to be approved by the European Medicines Agency (“EMA”) for the treatment of NTM
lung disease, and (2) therefore ARIKAYCE’S approval by the EMA and subsequent commercialization in Europe were less likely and/or
imminent than Insmed led investors to believe.
On June 8, 2016, Insmed announced it had withdrawn its MAA for ARIKAYCE from the EMA, revealing that the
Committee for Medicinal Products for Human Use indicated that the phase 2 study did not provide a sufficient amount of evidence to
support an approval.
If you suffered a loss in Insmed you have until September 13, 2016 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional
information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/insmed-incorporated.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving
financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: vw@wongesq.com
