Insmed Inc (INSM)

[nanookknows]

The judge has an opportunity to correct her earlier mistake. As Insmed's attys pointed out, a summary judgement is not at all related to a JMOL (as I am learning). SJ involves information presented to a judge alone and in this case it seems that 1) she erred; and 2) additional and compelling information against the validity was presented when Tercica was making its case in chief and Insmed challenged them. JMOL is when (as I understand it) no reasonable jury would find for or against the plaintiff, as the case may be.

I hold out that Insmed may prevail since no judge wants to get overturned on an appeal, and her SJ decision would likely get overturned by the 3 judge panel.