04:41 AM EDT, 06/12/2025 (MT Newswires) -- Insmed ( INSM ) said late Wednesday it priced a public offering of about 7.8 million common shares at $96 each for about $750 million in expected gross proceeds.

Underwriters have a 30-day overallotment option to buy up to 1.2 million additional shares.

Insmed ( INSM ) said it expects the offering to close Friday and plans to use the net proceeds to fund the research, development and commercialization of certain products, among other things.