** Shares of drugmaker Insmed INSM.O rise 11.6% to $190 premarket
** INSM expects 2025 revenue to be $606.4 million, compared to analysts' estimates of $513.5 million - data compiled by LSEG
** Leerink Partners says Insmed blew consensus estimates out of the water "for the first full quarter of Brinsupri's launch, with sales of $144.6 million"
** Brinsupri was approved by U.S. FDA in August 2025 to treat type of lung disease called non-cystic fibrosis bronchiectasis
** Expects 2025 revenue for its lead drug, Arikayce, to be 433.8 million vs estimates of $428.3 million
** Expects 2026 revenue for Arikayce to be between $450 million and $470 million, compared to estimates of $499.1 million
** "The actual results could be materially different from these preliminary unaudited financial results" - INSM
** "This launch is still in the early innings, and we remain positive on this story for not only Brinsupri but the suite of catalysts expected over the next 12+ months," Leerink adds
** As of last close, stock has more than doubled in past 12 months
(Reporting by Siddhi Mahatole)
((siddhi.mahatole@thomsonreuters.com))
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