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Insmed Raises Brinsupri Sales Forecast Floor by $100 Million

Insmed Raises Brinsupri Sales Forecast Floor by $100 Million

Photo: TokenPost

Insmed lifted the low end of its full-year Brinsupri sales forecast by $100 million after third-quarter revenue exceeded estimates, while shares climbed about 13% in Thursday trading. The updated forecast is $1.35 billion to $1.4 billion, compared with a prior range of $1.25 billion to $1.4 billion. The upper end remained unchanged. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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