Insmed Inc., a developer of generic substitutes for biotech drugs, has retained the services of RBC Capital Markets (RBC) to act as its strategic financial advisor.

"Insmed's Board of Directors and senior management team are dedicated to enhancing shareholder value and will be utilizing RBC's experience and expertise to examine a number of various strategic alternatives that may achieve this end," said CEO Geoffrey Allan. "We firmly believe that Insmed has one of the most advanced follow-on biologics platforms in the U.S. and that follow-on biologics represent a multi-billion dollar opportunity. We are confident that this process to prioritize strategic alternatives aimed at leveraging our significant assets will lead to enhanced value for all of our stakeholders." More.