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Rhythm Pharmaceuticals (RYTM) Stock News, May 5, 2020

RYTM Nasdaq

Rhythm Pharmaceuticals, Inc. develops and commercializes therapies for rare neuroendocrine diseases, centered on IMCIVREE (setmelanotide), an MC4R agonist for hyperphagia and severe obesity linked to rare MC4R pathway disorders. Company updates commonly cover U.S. and international commercialization of setmelanotide, regulatory authorizations and label expansions for acquired hypothalamic obesity, Bardet-Biedl syndrome, POMC/PCSK1 deficiency and LEPR deficiency, and safety information tied to approved uses.

Rhythm news also follows clinical data from setmelanotide studies, including acquired hypothalamic obesity and genetically caused MC4R pathway diseases, along with development of investigational MC4R agonists bivamelagon and RM-718 and preclinical small molecules for congenital hyperinsulinism. Recurring corporate items include financial results, specialty-pharmacy access arrangements, healthcare conference presentations and board governance changes.

Rhea-AI Summary

Rhythm Pharmaceuticals (Nasdaq: RYTM) announced that Hunter Smith, Interim CEO and CFO, and Dr. Murray Stewart, CMO, will participate in a fireside chat at the 2020 BofA Securities Health Care Conference on May 12, 2020, at 8:20 a.m. ET. A live audio webcast will be available on Rhythm's website, with a replay accessible for 30 days after the event. The company focuses on developing therapies for rare genetic disorders of obesity and is advancing its lead candidate, setmelanotide, through pivotal clinical trials, with topline data expected in late 2020 or early 2021.

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FAQ

What is the current stock price of Rhythm Pharmaceuticals (RYTM)?

Rhythm Pharmaceuticals (RYTM) last closed at $90.2.

What is the market cap of Rhythm Pharmaceuticals (RYTM)?

The market cap of Rhythm Pharmaceuticals (RYTM) is approximately $6.2B.