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Rhythm Pharmaceu - RYTM STOCK NEWS

Welcome to our dedicated page for Rhythm Pharmaceu news (Ticker: RYTM), a resource for investors and traders seeking the latest updates and insights on Rhythm Pharmaceu stock.

About Rhythm Pharmaceuticals

Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM) is a commercial-stage biopharmaceutical company headquartered in Boston, Massachusetts. The company is dedicated to transforming the lives of patients and their families living with rare neuroendocrine diseases. Rhythm's innovative approach centers on addressing the underlying genetic causes of severe obesity and hyperphagia through precision medicine.

Core Focus and Expertise

At the heart of Rhythm Pharmaceuticals' portfolio is IMCIVREE® (setmelanotide), a melanocortin-4 receptor (MC4R) agonist. This breakthrough therapy is designed to treat hyperphagia (pathological hunger) and severe obesity caused by rare genetic disorders, including Bardet-Biedl syndrome (BBS) and deficiencies in pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1 (PCSK1), or leptin receptor (LEPR). IMCIVREE is the first and only FDA-approved precision medicine targeting MC4R pathway deficiencies, addressing a root cause of these conditions.

Therapeutic Impact and Patient-Centric Approach

IMCIVREE is approved in the United States for use in adult and pediatric patients aged 2 years and older with syndromic or monogenic obesity due to BBS or genetically confirmed POMC, PCSK1, or LEPR deficiencies. The European Commission (EC) and the UK’s Medicines & Healthcare Products Regulatory Agency (MHRA) have similarly authorized the treatment for adults and children as young as 2 years old. These approvals underscore Rhythm's commitment to expanding access to life-changing therapies for patients with rare MC4R pathway diseases.

Pipeline and Research Initiatives

Rhythm Pharmaceuticals is advancing a robust clinical development program to explore the potential of setmelanotide in other rare diseases. The company is investigating its efficacy in acquired hypothalamic obesity (HO), congenital HO, and genetically caused MC4R pathway diseases. Additionally, Rhythm is developing investigational MC4R agonists, including LB54640 and RM-718, as well as a preclinical suite of small molecules targeting congenital hyperinsulinism. These efforts reflect Rhythm's strategic focus on addressing significant unmet medical needs within the rare disease landscape.

Global Market Presence

Rhythm Pharmaceuticals generates the majority of its revenue from the United States, with a growing presence in Europe and other international regions. The company has achieved steady growth in global sales of IMCIVREE, supported by regulatory milestones and increasing awareness of rare MC4R pathway diseases. Rhythm's commitment to precision medicine and patient-focused innovation positions it as a key player in the biopharmaceutical industry.

Commitment to Excellence

Rhythm Pharmaceuticals demonstrates expertise, experience, authoritativeness, and trustworthiness (E-E-A-T) through its rigorous clinical research, successful regulatory approvals, and focus on addressing the root causes of rare genetic disorders. By prioritizing patient outcomes and advancing precision therapies, Rhythm continues to set a high standard in the treatment of rare neuroendocrine diseases.

Rhea-AI Summary
Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM) announced the grant of inducement equity grants to two new employees through inducement stock options and restricted stock units, subject to the terms of the Inducement Plan. The stock options have an exercise price of $27.42 per share and will vest over a period of three years, while the RSUs will vest over four years.
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Rhythm Pharmaceuticals, Inc. reported a net revenue of $22.5 million from global sales of IMCIVREE in Q3 2023, with over 100 international patients on reimbursed IMCIVREE therapy. They also achieved a 25.5% mean BMI reduction in patients with hypothalamic obesity on setmelanotide therapy. The company has a cash on-hand of $299.3 million and plans to provide an R&D update on December 6.
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Rhythm Pharmaceuticals announced that CADTH has recommended reimbursement for weight management in patients with obesity due to Bardet-Biedl syndrome (BBS). The recommendation is based on the positive results from Rhythm's Phase 3 trial, which showed a reduction in weight-related parameters. BBS is a rare genetic disease with an estimated prevalence of 1 in 100,000 to 160,000 in North America and Europe.
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Rhythm Pharmaceuticals will host a live conference call to report its Q3 2023 financial results and provide a corporate update. The CEO will also participate in a fireside chat at the Stifel Healthcare Conference.
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Rhythm Pharmaceuticals announces data presentations showing sustained and deepened weight loss in patients with severe obesity caused by rare MC4R pathway diseases
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Rhythm Pharmaceuticals grants inducement equity grants to new employees
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Rhythm Pharmaceuticals announces acceptance of six abstracts for presentation at The Obesity Society’s Annual Meeting
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Rhythm Pharmaceuticals announces multiple presentations at ESPE 2023, highlighting the impact of setmelanotide on metabolic syndrome risk and the frequency of obesity-related gene variants in pediatric patients with rare melanocortin-4 receptor pathway diseases. 20.4% of individuals with early-onset severe obesity carry a variant in MC4R pathway-related genes.
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Rhythm Pharmaceuticals receives positive opinion from EMA for setmelanotide as a treatment for acquired hypothalamic obesity.
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Rhythm Pharmaceuticals grants inducement equity grants to new employees
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FAQ

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

The current stock price of Rhythm Pharmaceu (RYTM) is $51.64 as of March 6, 2025.

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

The market cap of Rhythm Pharmaceu (RYTM) is approximately 3.3B.

What does Rhythm Pharmaceuticals specialize in?

Rhythm Pharmaceuticals focuses on developing precision medicines for rare neuroendocrine diseases, particularly those involving MC4R pathway deficiencies.

What is IMCIVREE?

IMCIVREE is Rhythm's FDA-approved MC4R agonist designed to treat hyperphagia and severe obesity caused by rare genetic disorders such as BBS and POMC, PCSK1, or LEPR deficiencies.

Where does Rhythm Pharmaceuticals generate its revenue?

Rhythm primarily generates revenue from IMCIVREE sales in the United States, with an expanding presence in Europe and other international markets.

What clinical programs is Rhythm advancing?

Rhythm is advancing clinical programs for setmelanotide in acquired and congenital hypothalamic obesity, genetically caused MC4R pathway diseases, and investigational MC4R agonists like LB54640 and RM-718.

What makes Rhythm Pharmaceuticals unique?

Rhythm's focus on precision medicine targeting the root causes of rare genetic disorders, combined with its robust clinical pipeline, positions it as a leader in the biopharmaceutical industry.

What approvals has IMCIVREE received?

IMCIVREE is approved in the U.S., EU, and UK for treating obesity and hunger in adults and children as young as 2 years old with specific genetic deficiencies.

What is the MC4R pathway?

The MC4R pathway is a key signaling pathway in the brain that regulates hunger, caloric intake, and energy expenditure. Impairments in this pathway can lead to severe obesity and hyperphagia.

What is Rhythm's commitment to patients?

Rhythm is committed to transforming the lives of patients with rare neuroendocrine diseases by developing innovative therapies that address the underlying genetic causes of their conditions.
Rhythm Pharmaceu

Nasdaq:RYTM

RYTM Rankings

RYTM Stock Data

3.35B
56.86M
0.53%
115.09%
8.87%
Biotechnology
Pharmaceutical Preparations
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United States
BOSTON