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Exhibit 23.4
Consent of Independent Auditors
We consent to the references to our firm under the captions "Experts",
"Summary Financial Data", and "Selected Consolidated Financial Data", and to
the use of our report dated January 13, 2000, with respect to the consolidated
financial statements of Insmed Pharmaceuticals, Inc. included in the
Registration Statement (Form S-1 No. 333-00000) and related Prospectus of
Insmed Incorporated for the registration of 6,000,000 shares of its common
stock.
/s/ Ernst & Young LLP
Richmond, Virginia
September 22, 2000
