Brensocatib

The 'Non-cystic fibrosis bronchiectasis - Pipeline Insight, 2024' report highlights emerging therapies like Brensocatib and HSK31858, which aim to address the underlying mechanisms of NCFB, potentially improving patient quality of life. Key industry players are actively developing these therapies, with significant implications for managing NCFB.

Non-cystic fibrosis bronchiectasis market driven by rising prevalence, early diagnosis, and drug development. Over 15 companies, including Zambon SpA, Insmed, and AstraZeneca, are developing 15+ pipeline therapies. Key drugs in trials include Colistimethate sodium, Benralizumab, and Brensocatib.

Verona Pharma, a biopharmaceutical company, focuses on respiratory disease treatments, with ensifentrine in Phase 3 trials for COPD, asthma, and cystic fibrosis. Caligan Partners LP, an activist investor, sees potential in Verona's ensifentrine, predicting significant revenue growth and possible indication expansion for non-cystic fibrosis bronchiectasis.

Insmed (INSM) reported Q3 2024 revenue of $93.4M, up 18% YoY, driven by ARIKAYCE sales growth. The company is on track for Brensocatib's U.S. launch in 2025, with an expanded U.S. sales force and improved financial terms. Insmed remains committed to 2024 ARIKAYCE revenue guidance and pipeline advancements.

Insmed reports strong Q3 2024 results, with global net revenues up 18% YoY to $93.4M, driven by ARIKAYCE sales growth. The company plans to file an NDA for brensocatib in Q4 2024, anticipating a mid-2025 launch. Insmed's U.S. sales force has expanded to 184 reps, and cash reserves stand at $1.5B. The company maintains full-year revenue guidance of $340M to $360M and expects peak sales for brensocatib to exceed $5B. Insmed is also advancing clinical trials for brensocatib in chronic rhinosinusitis and hidradenitis suppurativa, with results expected by late 2025.

Truist Securities raised Insmed's price target to $100 from $85, retaining a Buy rating, following a survey on brensocatib's market potential. The survey's positive results led to an estimated peak sales increase to $8 billion. Insmed plans to file a New Drug Application for brensocatib in Q4 2024, with a mid-2025 launch anticipated. InvestingPro data supports Insmed's strong revenue growth and financial stability.

Insmed presented positive subgroup data from the Phase 3 ASPEN study on brensocatib for non-cystic fibrosis bronchiectasis at CHEST 2024, showing consistent efficacy across subgroups. Brensocatib demonstrated reduced lung function decline and was well-tolerated. Insmed plans to file a New Drug Application for brensocatib in Q4 2024, aiming for a U.S. launch in mid-2025 and European/Japanese launches in early 2026.

Treprostinil Palmitil, a drug under development for rare pulmonary disorders, is expected to generate $334 mn in annual revenue by 2037 in the US. Insmed, the biopharmaceutical company developing it, reported a net loss of $749.6 mn in FY2023. The drug's risk-adjusted NPV model (rNPV) considers the risk of failure in clinical development.