Insmed Inc (INSM)

[wjlknew]

The next question might be, "Why did Insmed not design the studies to meet FDA criteria for a full blown Phase II test?" The answer is that Insmed did not design the studies ... although they probably had input. The investigators designed their own studies to meet their own criteria. I used the words "studies", as opposed to "tests" purposely. That is how I keep my confusion to a minimum.