Rhythm Pharmaceuticals

Rhythm Pharmaceuticals

RYTM
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RYTM · Stock Price

USD 96.23+38.85 (+67.71%)
Market Cap: $6.5B

Historical price data

Market Cap: $6.5BPipeline: 26 drugs (10 Phase 3)Patents: 15Founded: 2008HQ: Boston, United States

Overview

Rhythm Pharmaceuticals has established itself as a leader in the niche but high-value market of rare genetic diseases of obesity, successfully transitioning from a clinical-stage developer to a commercial entity with its flagship product, IMCIVREE®. The company's strategy is anchored in a deep scientific focus on the melanocortin-4 receptor (MC4R) pathway, supported by one of the largest genetic databases for severe obesity, enabling targeted drug discovery and development. Recent regulatory successes, including FDA approval for acquired hypothalamic obesity and a positive CHMP opinion in the EU, underscore its execution capability and expand its addressable patient population. Rhythm's forward strategy involves broadening IMCIVREE's label, advancing a diversified pipeline of next-generation candidates, and leveraging its genetic testing initiatives to diagnose and treat a growing spectrum of MC4R pathway diseases.

Rare Genetic Diseases of ObesityNeuroendocrine Diseases

Technology Platform

A vertically integrated platform centered on the melanocortin-4 receptor (MC4R) pathway, combining deep genetic expertise, a proprietary database of ~80,000 severe obesity sequences, and targeted pharmacology to develop precision agonists for rare diseases.

Pipeline

26
26 drugs in pipeline10 in Phase 3
DrugIndicationStageWatch
Setmelanotide + Moxifloxacin + Oral Placebo + SC PlaceboHealthyApproved
SetmelanotideObesity Associated With Defects in Leptin-melanocortin PathwayPhase 3
Setmelanotide + PlaceboHypothalamic ObesityPhase 3
Setmelanotide + PlaceboBardet Biedl Syndrome (BBS)Phase 3
Setmelanotide + PlaceboHypothalamic ObesityPhase 3

FDA Approved Drugs

1
IMCIVREENDANov 25, 2020