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Get filing alertsInsmed reports positive 12-month data for investigational PAH therapy TPIP
Filed July 16, 2026 · Period ending July 16, 2026 · ~1 min read
Key Changes
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12-month open-label extension study showed sustained improvements in exercise capacity (+55.7m 6MWD), 60% reduction in cardiac stress biomarker NT-proBNP, and ~65% of patients achieving low mortality risk status; patients switching from placebo achieved similar outcomes.
Item 7.01 — Regulation FD Disclosure verify on EDGAR → -
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Safety profile remained favorable with 91% patient completion through 12 months; 89% experienced treatment-emergent adverse events, mostly mild-to-moderate, with only 7.7% discontinuing due to adverse events and four deaths none considered treatment-related.
Item 7.01 — Regulation FD Disclosure verify on EDGAR → -
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Phase 3 PAH trial (PALM-PAH) enrollment progressing; additional Phase 3 programs for pulmonary hypertension in interstitial lung disease (sites screening), progressive pulmonary fibrosis (initiation expected 2H 2026), and idiopathic pulmonary fibrosis (initiation expected 1H 2027).
Item 7.01 — Regulation FD Disclosure verify on EDGAR → -
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~80% of patients achieved WHO Functional Class I or II by month 12, with >25% reaching Class I (no physical activity limits); half of continuing patients improved by at least one functional class category.
Item 7.01 — Regulation FD Disclosure verify on EDGAR →
Summary
Insmed disclosed 12-month interim results from an ongoing open-label extension study of treprostinil palmitil inhalation powder (TPIP), an investigational once-daily inhaled therapy for pulmonary arterial hypertension.
The data showed sustained clinical benefit across multiple endpoints: patients continuing TPIP maintained a mean 55.7-meter improvement in six-minute walk distance, achieved a 60% reduction in NT-proBNP cardiac biomarker levels, and saw approximately 65% reach low mortality risk status on the REVEAL Lite 2.0 score.
Patients who switched from placebo to TPIP achieved similar outcomes, suggesting consistent treatment effects. The safety profile remained favorable with 91% of the 91 enrolled patients completing 12 months of treatment and only 7.7% discontinuing due to adverse events. For retail investors, this filing matters because it supports TPIP's potential as a differentiated prostanoid therapy in a market where existing treatments require multiple daily doses or continuous infusion. The company is advancing a broad Phase 3 registrational program across four indications, with PAH enrollment already progressing and additional trials in pulmonary hypertension associated with lung disease expected to initiate through early 2027. Sustained efficacy and tolerability through 12 months strengthen the clinical profile heading into pivotal trials, though regulatory approval and commercial success remain years away and subject to Phase 3 trial outcomes.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
Insmed disclosed 12-month safety and efficacy data from its ongoing open-label extension study of treprostinil palmitil inhalation powder in PAH patients.
Added in current filing · verify on EDGAR →
On July 16, 2026, Insmed Incorporated (the “Company”) issued a press release announcing 12-month safety and efficacy data from its ongoing open-label extension study of treprostinil palmitil inhalation powder in patients with pulmonary arterial hypertension (the “OLE Study”).
Insmed announced 12-month safety and efficacy results from an ongoing open-label extension study of treprostinil palmitil inhalation powder for pulmonary arterial hypertension (PAH). The company hosted a conference call and webcast to discuss the data. This disclosure provides investors with an update on the clinical development progress of this investigational therapy.
Event · Exhibit 99.1
Insmed announced positive 12-month data from ongoing open-label extension study of TPIP in pulmonary arterial hypertension patients.
Added in current filing · view on EDGAR → · paraphrased
Mean improvement from baseline for 6MWD was +55.7 meters for the TPIP Continued group and +54.1 meters for the Placebo Crossed group. NT-proBNP concentration was reduced by approximately 60% in both groups with geometric mean ratios [GMR] to baseline of 0.40 and 0.41 in TPIP Continued and Placebo Crossed, respectively. WHO Functional Class I or II was achieved in 78.3% of TPIP Continued group and 80.6% of Placebo Crossed group patients, and more than 25% of patients across both groups achieved WHO Functional Class I. Mean REVEAL Lite 2.0 score improved 2.0-points from baseline for the TPIP Continued group and 1.4-points from baseline for the Placebo Crossed group. Approximately 65% of all patients achieved Refined Low Risk status, which is associated with a less than 5% estimated risk of mortality at three years and an approximately 7% risk of clinical worsening at one year.
The 12-month data from the ongoing open-label extension study showed sustained improvement across all secondary efficacy endpoints for TPIP in pulmonary arterial hypertension patients. Patients demonstrated meaningful gains in six-minute walk distance, significant reductions in NT-proBNP biomarker levels, improved WHO Functional Class status, and clinically meaningful improvement in REVEAL Lite 2.0 mortality risk scores. Notably, patients who switched from placebo to TPIP achieved similar outcomes to those who continued TPIP treatment.
Added in current filing · view on EDGAR →
Of the 91 patients in the study, treatment-emergent adverse events (TEAEs) occurred in 89.0% of patients; serious TEAEs were observed in 18.7% of patients; and severe TEAEs were observed in 16.5% of patients in the study. TEAEs leading to study discontinuation were experienced by 7.7% of patients. There were four deaths, none of which were considered related to TPIP treatment. The most common TEAEs through Month 12 occurring in 5.0% or more of all patients were headache (28.6%), cough (15.4%), nasopharyngitis (14.3%), diarrhea (11.0%), upper respiratory tract infection (9.9%), bronchitis (7.7%), dizziness (6.6%), epistaxis (6.6%), nausea (6.6%), anemia (5.5%), influenza (5.5%), and pneumonia (5.5%).
The safety profile through 12 months showed TPIP was generally well tolerated with no newly identified safety signals at doses up to 1,280 µg once daily. While treatment-emergent adverse events were common, serious and severe events occurred in less than one-fifth of patients, and discontinuation rates were low. Four deaths occurred but were not considered treatment-related.
Added in current filing · view on EDGAR →
These OLE Data, Combined with Once-Daily Inhaled Administration, Reinforce TPIP’s Potential to Become the Prostanoid of Choice for Patients with PAH
The positive 12-month OLE data support the continued clinical development of TPIP and the recent initiation of PALM-PAH, a Phase 3 randomized, double-blind, placebo-controlled trial evaluating once-daily TPIP in PAH patients over 24 weeks. The primary endpoint is change in six-minute walk distance, with additional assessments of safety, tolerability, and overall efficacy.
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Added in current filing · view on EDGAR →
Insmed management will host a conference call for investors beginning at 8:00 a.m. ET on Thursday, July 16, 2026, to discuss the TPIP OLE study results.
The company scheduled an investor conference call for July 16, 2026 at 8:00 a.m. ET to discuss the TPIP open-label extension study results.
Event · Exhibit 99.2
Insmed disclosed 12-month interim results from an open-label extension study of investigational TPIP in PAH patients, showing sustained efficacy and safety.
Added in current filing · view on EDGAR →
Patients who continued TPIP showed: Sustained improvement in 6MWD1 Sustained improvement in NT-proBNP1 Further improvement in WHO Functional Class Clinically meaningful improvement in REVEAL Lite 2.0 Score2 Patients who crossed from placebo to TPIP showed similar outcomes to those that continued therapy across all efficacy measurements
The 12-month interim analysis of the open-label extension study showed that patients continuing TPIP maintained improvements in exercise capacity (6-minute walk distance), cardiac stress biomarkers (NT-proBNP), functional class, and mortality risk scores. Patients who switched from placebo to TPIP achieved similar outcomes, suggesting consistent treatment effects. The study enrolled 91 patients from prior Phase 2 trials.
Added in current filing · view on EDGAR →
PH-ILD IPF PPF PAH TPIP Phase 3 patient enrollment progressing Phase 3 first trial sites actively screening Phase 3 initiation expected 2H:26 Phase 3 initiation expected 1H:27
Insmed disclosed the status of its Phase 3 registrational program for TPIP across four indications: pulmonary arterial hypertension (PAH, enrollment progressing), pulmonary hypertension due to interstitial lung disease (PH-ILD, sites actively screening), progressive pulmonary fibrosis (PPF, initiation expected second half 2026), and idiopathic pulmonary fibrosis (IPF, initiation expected first half 2027). This represents a broad development strategy for the investigational drug.
Added in current filing · view on EDGAR →
~65%** of all patients achieved Refined Low Risk status by Month 12 ... Continued TPIP Placebo Crossed 2.0 points 1.4 points
Approximately 65% of patients achieved Refined Low Risk status (score ≤4, associated with <5% mortality at 1 and 3 years) by month 12. Patients continuing TPIP showed a mean 2.0-point improvement in REVEAL Lite 2.0 score, while those crossing from placebo showed a 1.4-point improvement. The REVEAL Lite 2.0 is a validated tool to estimate mortality and disease progression risk in PAH patients, where a 1-point improvement is associated with approximately 23% reduction in death risk.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 20, 2026 · How we verify