TD Cowen analyst Ritu Baral raised the firm’s price target on Insmed (INSM) to $231 from $223 and keeps a Buy rating on the shares. The firm said Brinsupri, the company’s 1st-gen neutrophil elastase inhibitor, received formal EC approval for NCFBE ‘with 2+ exacerbations’ in the prior year. Insmed will secure access starting early 2026, likely with an initial German launch.
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