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INSM > SEC Filings for INSM > Form 8-K on 10-Nov-2008All Recent SEC Filings

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Form 8-K for INSMED INC


10-Nov-2008

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01. Entry into a Material Definitive Agreement.

On November 8, 2008, Genentech and Ipsen/Tercica signed a letter of intent whereby they have consented to amend the March 7, 2007 Court-Ordered Settlement, Development and License Agreement (the "Agreement") between Genentech, Inc. ("Genentech") Tercica, Inc. ("Tercica") and Insmed Incorporated ("Insmed") to permit Insmed to supply IPLEX™ in connection with named-patient ALS programs worldwide on a royalty-free basis. Insmed's ability to do so will be dependent on satisfying any regulatory requirements in any country where a request for treatment is made.

On November 10, 2008 Insmed issued a Press Release announcing a joint statement from Genentech, Ipsen/Tercica and Insmed stating that Insmed had gained royalty-free worldwide rights for IPLEX™ from Genentech and Ipsen/Tercica in connection with potential Named Patient (Expanded Access) Programs for ALS. A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.



Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release, dated November 10 2008


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