secwatch.observer — SEC 8-K summary ====================================== Issuer: INSMED Inc (INSM) CIK: 0001104506 Form: 8-K Filed at: 2025-12-17T23:59:59+00:00 Accession: 0001140361-25-045836 Event type: other_material Sentiment: negative Materiality: 0.80 Item codes: 7.01, 8.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Insmed brensocatib fails Phase 2b CRSsNP; acquires INS1148 antibody ------------------------------------------------------------------- - Phase 2b BiRCh study missed primary endpoint: placebo LS mean -2.44, brensocatib 10mg -2.21, 40mg -2.33. - All secondary endpoints also not met; Insmed discontinues CRSsNP program immediately. - Brensocatib well tolerated with no new safety signals; 40 mg dose had 69.9% TEAEs vs 65.3% placebo. - Acquired INS1148 (anti-SCF248 mAb) from Opsidio; plans Phase 2 in interstitial lung disease and asthma. - INS1148 targets only inflammatory c-Kit signaling, sparing homeostatic pathways, potentially first-in-class. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1104506/000114036125045836/0001140361-25-045836-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1104506/000114036125045836/ef20061465_8k.htm HTML page: https://secwatch.observer/filing/0001140361-25-045836 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer