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Insmed Incorporated Message Board

  • iounothjing1 iounothjing1 May 8, 2013 9:58 AM Flag

    insmed was to receive $11.5 million within 10 days of settlement.

    from first 8-k
    {Premacure exercised this option on April 29, 2013. Premacure is obligated to pay the Buyout Amount to the Company in full within ten days after the date of exercise.}

    from first quarter results. they are expecting payment in may not within10 days. may get a pr yet.
    {Insmed expects to receive $11.5 million in May 2013 in exchange for any future royalties from Premacure, and Premacure will assume Insmed's royalty obligations to other parties.}

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