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XNAS
RYTM
Market cap6.07bUSD
Oct 08, Last price  
89.64USD
1D
1.35%
1Q
-17.31%
IPO
255.01%
Name

Rhythm Pharmaceuticals Inc

Chart & performance

D1W1MN
XNAS:RYTM chart
P/E
—
P/S
32.40
EPS
—
Div yield, %
—
Shrs. gr., 5y
8.05%
Rev. gr., 5y
%
Revenues
190m
+45.83%
0000000003,154,00023,638,00077,428,000130,126,000189,757,000
Net income
-197m
L-24.58%
-18,130,000-21,431,000-6,493,000-11,073,000-25,872,000-33,709,000-74,064,000-134,624,000-130,727,000-69,612,000-181,119,000-184,678,000-260,602,000-196,539,000
CFO
-116m
L+1.58%
-17,830,000-19,156,000-7,508,000-6,977,000-23,219,000-29,460,000-62,056,000-122,750,000-121,980,000-146,003,000-173,428,000-136,157,000-113,879,000-115,675,000

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Profile

Rhythm Pharmaceuticals, Inc. is a biopharmaceutical company with commercial products, dedicated to the discovery, development, and market launch of therapies addressing rare genetic conditions that cause obesity. Its leading pharmaceutical, IMCIVREE, functions as a powerful agonist of the melanocortin-4 receptor (MC4R). This medication is indicated for treating obesity stemming from deficiencies in pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1 (PCSK1), or the leptin receptor (LEPR), alongside its use in patients with Bardet-Biedl and Alström syndromes. Furthermore, the company is progressing setmelanotide (the active compound in IMCIVREE) through Phase II clinical trials. These studies are evaluating its potential for a broader spectrum of applications, including obesity caused by heterozygous POMC or LEPR deficiencies, steroid receptor coactivator 1 (SRC1) deficiency, SH2B1 deficiency, MC4 receptor deficiency, and obesity associated with Smith-Magenis syndrome, POMC epigenetic disorders, and other MC4R-related conditions. Rhythm Pharmaceuticals holds a collaborative research agreement with the Clinical Registry Investigating Bardet-Biedl Syndrome. The firm, headquartered in Boston, Massachusetts, was established in 2008 and changed its name from Rhythm Metabolic, Inc. to Rhythm Pharmaceuticals, Inc. in October 2015.

Key people

Independent Chairman of the Board · since 2017
Nithya Desikan
Chief Commercial Officer · since 2017
Frederick T. Fiedorek
Chief Medical Officer · since 2014
Director · since 2019
Independent Director · since 2014
Independent Director · since 2019
Independent Director · since 2015
Independent Director · since 2013
Independent Director · since 2015
IPO date
Oct 05, 2017
Employees
177
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
222 Berkeley Street
12th floor
Boston, MA 02116
US

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