Insmed Reiterated 2024 Global ARIKAYCE Revenue Guidance Of $340M-$360M
Portfolio Pulse from Benzinga Newsdesk
Insmed has reiterated its 2024 global revenue guidance for ARIKAYCE, projecting sales between $340 million and $360 million. This forecast suggests a 15% year-over-year growth compared to 2023.

May 09, 2024 | 11:24 am
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Insmed reiterates its 2024 revenue guidance for ARIKAYCE, expecting sales between $340M-$360M, indicating a 15% growth from 2023.
Reiterating a strong revenue guidance for ARIKAYCE suggests confidence in the product's market performance and growth potential. This positive outlook is likely to be viewed favorably by investors, potentially leading to a short-term positive impact on INSM's stock price.
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