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Rhythm Pharmaceuticals Announces Health Canada Approval of IMCIVREE® (setmelanotide) for Weight Management in Adult and Pediatric Patients 4 years of Age and Older with Acquired Hypothalamic Obesity

Health Canada’s new indication broadens IMCIVREE’s use to younger patients with rare acquired hypothalamic obesity in Canada.

(Neutral)
(Very Positive)

Rhythm Pharmaceuticals (RYTM) received Health Canada approval for IMCIVREE (setmelanotide) for weight management in adults and children 4 years and older with acquired hypothalamic obesity (HO).

IMCIVREE, a melanocortin‑4 receptor (MC4R) agonist, is the first targeted therapy approved in Canada to treat acquired HO, a rare condition characterized by accelerated and sustained weight gain following hypothalamic injury. This approval adds to IMCIVREE’s existing Canadian indication, granted in 2023, for patients 6 years and older with obesity due to Bardet‑Biedl syndrome or certain genetically confirmed POMC, PCSK1 or LEPR deficiencies. Health Canada’s decision is based on the pivotal global Phase 3 TRANSCEND trial in 142 patients with acquired HO, which met its primary endpoint with an 18.8% placebo‑adjusted reduction in body mass index. Rhythm plans to support access to IMCIVREE for eligible patients across Canada.

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Positive

  • Health Canada approval for IMCIVREE in acquired hypothalamic obesity in patients ≥4 years
  • First targeted therapy in Canada approved to treat acquired hypothalamic obesity
  • Pivotal Phase 3 TRANSCEND trial in 142 patients met primary endpoint
  • TRANSCEND showed 18.8% placebo‑adjusted reduction in BMI in acquired HO

Negative

  • None.

Market Context

A 1.31% gain followed the Aug 24 Japan approval of the same IMCIVREE indication; that directly compa...
Analysis

A 1.31% gain followed the Aug 24 Japan approval of the same IMCIVREE indication; that directly comparable regulatory progression added context for Canada, while prior approval reactions in the record were mixed.

Key Figures

Eligible patient age: 4 years and older Trial enrollment: 142 patients Placebo-adjusted BMI reduction: 18.8%
Eligible patient age
4 years and older
Health Canada acquired hypothalamic obesity indication
Trial enrollment
142 patients
Phase 3 TRANSCEND trial
Placebo-adjusted BMI reduction
18.8%
Primary endpoint in the Phase 3 TRANSCEND trial

Previous Acquisition Reports

3 past events · Latest: Aug 24
Same Type 3 events
  1. Aug 24

    Japan marketing approval

    24h Move
    +1.3%

    Japan authorized the same product for acquired hypothalamic obesity after Phase 3 TRANSCEND support

  2. Aug 11

    UK marketing authorization

    24h Move
    -2.3%

    UK expanded authorization for the same indication based on positive Phase 3 TRANSCEND results

  3. May 01

    EU marketing authorization

    24h Move
    +0.6%

    European Commission authorized the same product for acquired hypothalamic obesity based on TRANSCEND results

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

acquired hypothalamic obesity, mc4r agonist, placebo-adjusted reduction, primary endpoint
4 terms
acquired hypothalamic obesity medical
"weight management in adult and pediatric patients 4 years of age and older with acquired hypothalamic obesity"
A condition in which damage to the brain’s hypothalamus—often from surgery, injury, or a tumor—disrupts the body’s internal “thermostat” for hunger, metabolism and energy use, causing rapid, hard-to-control weight gain. Investors care because it creates a clearly defined patient group with high unmet medical need, predictable clinical outcomes, and potential demand for therapies or devices; progress or setbacks in treating this condition can drive valuation swings for companies developing targeted treatments.
mc4r agonist medical
"IMCIVREE, a melanocortin-4 receptor (MC4R) agonist"
A MC4R agonist is a drug that activates the melanocortin-4 receptor, a protein in the brain that helps regulate appetite, body weight and energy use. Think of it like turning down a hunger thermostat or nudging the body’s energy balance toward burning more fuel; that biological effect can produce weight loss or metabolic changes. Investors watch these drugs because successful trials or approvals can create large markets, while failures or side effects can sharply affect company value.
placebo-adjusted reduction medical
"a statistically significant 18.8% placebo-adjusted reduction in body mass index"
The measured amount by which a treatment reduces a symptom, event rate, or biomarker after subtracting the change seen in the placebo group; it isolates the drug’s effect from improvements that occur simply because people think they are being treated. Investors care because it shows the treatment’s true incremental benefit over no active therapy, much like comparing a new tire’s extra mileage to that of a standard tire rather than to zero.
primary endpoint medical
"The global study met its primary endpoint"
The primary endpoint is the single main result a clinical study is designed to measure to decide if a treatment works, like the finish line in a race that tells you who won. Investors care because meeting or missing this goal drives regulatory decisions, future sales expectations and stock value — it turns trial data into a clear yes-or-no signal about a drug’s commercial prospects.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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-- First targeted therapy approved in Canada for patients four years and older living with acquired hypothalamic obesity (HO) --

BOSTON, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a global commercial-stage biopharmaceutical company focused on transforming the lives of patients living with rare neuroendocrine diseases, today announced that Health Canada has approved IMCIVREE® (setmelanotide) for the additional indication of weight management in adult and pediatric patients 4 years of age and older with acquired hypothalamic obesity (HO). IMCIVREE was first approved by Health Canada in 2023 for weight management in adult and pediatric patients 6 years of age and older with obesity due to Bardet-Biedl syndrome (BBS), or genetically confirmed biallelic pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1 (PCSK1), or leptin receptor (LEPR) deficiency due to variants interpreted as pathogenic, likely pathogenic, or of uncertain significance. Please consult the IMCIVREE product monograph available at www.rhythmtx.ca.

"Acquired hypothalamic obesity is a rare, complex MC4R pathway disease that develops following injury to the hypothalamus, resulting in accelerated and sustained weight gain, hyperphagia and significant impacts on quality of life," said Jennifer Lee, Executive Vice President, Head of North America for Rhythm. "The approval of this additional indication for IMCIVREE provides healthcare professionals with an important new treatment option for eligible patients in Canada. We are grateful to the Canadian patient and healthcare community and look forward to working to make IMCIVREE available to patients living with acquired hypothalamic obesity."

IMCIVREE, a melanocortin-4 receptor (MC4R) agonist, is the first targeted therapy approved in Canada to treat acquired HO. The Health Canada approval is based on the positive pivotal Phase 3 TRANSCEND trial of setmelanotide in 142 patients with acquired HO. The global study met its primary endpoint, demonstrating a statistically significant 18.8% placebo-adjusted reduction in body mass index (BMI). Results from the Phase 3 TRANSCEND trial were recently published in The New England Journal of Medicine.

"Patients living with acquired hypothalamic obesity face significant medical and quality-of-life challenges, and treatment options have been extremely limited," said Jill Hamilton, M.D., Paediatric Endocrinologist at The Hospital for Sick Children. “This approval provides a treatment option that addresses the underlying MC4R pathway dysfunction associated with acquired hypothalamic obesity.”

Following this approval, Rhythm will continue with supporting access to IMCIVREE for patients with acquired HO across Canada.

Disclosure footnote: Dr. Jill Hamilton has received institutional support for industry sponsored studies, including setmelanotide trials from Rhythm Pharmaceuticals.

About Acquired Hypothalamic Obesity

Acquired HO is a rare disease characterized by accelerated and sustained weight gain caused by an injury to the hypothalamus. Hypothalamic injury may lead to decreased alpha-melanocyte-stimulating hormone (α-MSH) production and impairment of MC4R pathway signaling. The MC4R pathway is responsible for regulating energy balance and body weight. Acquired HO most frequently follows the growth or treatment of craniopharyngioma, astrocytoma, or other hypothalamic-pituitary tumors. Additional causes of injury may include traumatic brain injury, stroke, infection, or inflammation. Due to impairment of the MC4R pathway, patients experience accelerated and sustained weight gain, often accompanied by hyperphagia and/or decreased energy expenditure. Acquired hypothalamic obesity can occur as early as six months following hypothalamic injury. Acquired HO is a rare disease with limited epidemiologic data specific to Canada.

About Rhythm Pharmaceuticals
Rhythm is a commercial-stage biopharmaceutical company committed to transforming the lives of patients and their families living with rare neuroendocrine diseases. Rhythm’s lead asset, IMCIVREE® (setmelanotide), an MC4R agonist designed to treat hyperphagia and severe obesity, is approved by the U.S. Food and Drug Administration (FDA) to reduce excess body weight and maintain weight reduction long term in adult and pediatric patients aged 4 years and older with acquired hypothalamic obesity, adult and pediatric patients 2 years of age and older with syndromic or monogenic obesity due to Bardet-Biedl syndrome (BBS) or genetically confirmed pro-opiomelanocortin (POMC), including proprotein convertase subtilisin/kexin type 1 (PCSK1), deficiency or leptin receptor (LEPR) deficiency. Both the European Commission (EC) and the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) have authorized setmelanotide for the treatment of obesity and control of hunger in patients 4 years of age and above with acquired hypothalamic obesity due to hypothalamic injury or impairment; and for the treatment of obesity and the control of hunger associated with genetically confirmed BBS or genetically confirmed loss-of-function biallelic POMC, including PCSK1, deficiency or biallelic LEPR deficiency in adults and children 2 years of age and above. Additionally, Rhythm is advancing a broad clinical development program for setmelanotide in other rare diseases, as well as investigational MC4R agonists bivamelagon and RM-718, and a preclinical suite of small molecules for the treatment of congenital hyperinsulinism. Rhythm’s headquarters is in Boston, MA.

Reporting side effects
You can report any suspected side effects associated with the use of health products to Health Canada by:

  • Visiting the Web page on Adverse Reaction Reporting (canada.ca/drug-device-reporting) for information on how to report online, by mail or by fax; or
  • Calling toll-free at 1-866-234-2345.

NOTE: Contact your healthcare professional if you need information about how to manage your side effects. The Canada Vigilance Program does not provide medical advice.

Please see the Product Monograph at https://rhythmtx.ca/wp-content/uploads/2023/05/IMCIVREE-Product-Monograph-EN.pdf for complete safety information.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the safety, efficacy, potential benefits of, and clinical design or progress of any of our products or product candidates at any dosage or in any indication, including, setmelanotide, bivamelagon, and RM-718; the use of setmelanotide in patients with acquired HO and the success of our commercial launch; our expectations surrounding potential regulatory submissions, progress, or approvals and timing thereof for any of our product candidates; the commercial growth of IMCIVREE; the estimated market size and addressable population for our drug products, including setmelanotide for the treatment of acquired HO; and the timing of any of the foregoing. Statements using words such as “expect”, “anticipate”, “believe”, “may”, “will” and similar terms are also forward-looking statements. Such statements are subject to numerous risks and uncertainties, including, but not limited to, our ability to enroll patients in clinical trials, the design and outcome of clinical trials, the impact of competition, the ability to achieve or obtain necessary regulatory approvals, risks associated with data analysis and reporting, unfavorable pricing regulations, third-party reimbursement practices or healthcare reform initiatives, risks associated with the laws and regulations governing our international operations and the costs of any related compliance programs, our ability to successfully commercialize setmelanotide, our liquidity and expenses, our ability to retain our key employees and consultants, and to attract, retain and motivate qualified personnel, and general economic conditions, and the other important factors, including those discussed under the caption “Risk Factors” in Rhythm’s Quarterly Report on Form 10-Q for the three months ended June 30, 2026, and our other filings with the Securities and Exchange Commission. Except as required by law, we undertake no obligations to make any revisions to the forward-looking statements contained in this release or to update them to reflect events or circumstances occurring after the date of this release, whether as a result of new information, future developments or otherwise.

Corporate Contacts:
David Connolly
Head of Investor Relations and Corporate Communications
Rhythm Pharmaceuticals, Inc.
857-264-4280
dconnolly@rhythmtx.com 

Kate Walsh
Director, Corporate Communications
Rhythm Pharmaceuticals, Inc.
(857) 264-4280
kwalsh@rhythmtx.com 


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What prior obesity indications does IMCIVREE already have in Canada?

IMCIVREE was first approved in Canada in 2023 for weight management in adult and pediatric patients 6 years of age and older with obesity due to Bardet‑Biedl syndrome (BBS), or genetically confirmed biallelic POMC, PCSK1 or LEPR deficiency caused by variants interpreted as pathogenic, likely pathogenic or of uncertain significance.

How is acquired hypothalamic obesity characterized and what can cause it?

Acquired hypothalamic obesity is described as a rare disease marked by accelerated and sustained weight gain caused by an injury to the hypothalamus, often with hyperphagia and/or decreased energy expenditure. Hypothalamic injury may reduce α‑MSH production and impair MC4R pathway signaling, which regulates energy balance and body weight. It most frequently follows growth or treatment of craniopharyngioma, astrocytoma or other hypothalamic‑pituitary tumors, and may also result from traumatic brain injury, stroke, infection or inflammation.

Where were the Phase 3 TRANSCEND trial results on setmelanotide in acquired HO published?

Results from the Phase 3 TRANSCEND trial of setmelanotide in patients with acquired hypothalamic obesity were recently published in The New England Journal of Medicine, as noted by the company.

How can suspected side effects of IMCIVREE or other health products be reported in Canada?

Suspected side effects can be reported to Health Canada by visiting the Adverse Reaction Reporting Web page at canada.ca/drug-device-reporting for instructions on reporting online, by mail or by fax, or by calling toll‑free at 1‑866‑234‑2345. The notice advises contacting a healthcare professional for advice on managing side effects, as the Canada Vigilance Program does not provide medical advice.

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