Insmed Inc (INSM)

[ED20332]

From yahoo message board about motion



What the hell are you jabbering about?
The motion has nothing to do with a trial delay.
The motion was for a reconsideration of the Court's ruling in June that cleared up pre-trial memoranda. Simply put, the Court ruled in June that TRCA could go ahead and make a case for infringement of the 414 patent.
What INSM just put before the Court a couple days ago is::: they asked the Court to RECONSIDER its June opinion on the 414 patent decision.
And the Court agreed to reconsider it!!
Moreover, TRCA has 2 WEEKS from the 29th of September to file an objection.
Then INSM has 1 week from that date to object to TRCA'a objection.
Then the Court, once again, will decide if any part of the 414 patent was infringed.

Essentially, the Court has granted INSM a SECOND SHOT at getting the 414 patent infringement thrown out BEFORE the trial.

And for those of you who honestly expected the trial to begin in November, you had to be crazy to begin with. I filed a custody/parenting time/child support case against my ex a few years ago. The trial was scheduled 3 1/2 months from the time I filed. It didnt take place until almost a year later.

Its all a cat and mouse game. Jockeying for position. Believe me, there are more motions to be filed. I dont expect the trial to happen until spring of 2007. In my opinion, of course.

In the meantime, we should have at least one, possibly two, more quarterlies --- showing INSM kicking the shit of TRCA in the sales department.
All in all, VERY GOOD NEWS.