RHYTHM PHARMACEUTICALS, INC. (RYTM) 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.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
Rhythm Pharmaceuticals, Inc. NASDAQ:RYTM Healthcare · Biotechnology
Mkt Cap $6.37B
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Press Release
Rhythm Pharmaceuticals to Report Third Quarter 2026 Financial Results on Tuesday, November 3, 2026
Rhythm Pharmaceuticals will host a conference call and webcast at 8:00 a.m. ET on Tuesday, November 3, 2026 to report third quarter 2026 financial results and provide a corporate update.
CEO David Meeker will participate in a fireside chat at the Guggenheim 3rd Annual Healthcare Innovation Conference on November 9, and CFO Hunter Smith will appear at the Stifel 2026 Healthcare Conference on November 11.
The release contains no financial results; it is a scheduling announcement with standard IMCIVREE product and safety disclosures.
• 11d ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces Commercial Launch of IMCIVREE® (setmelanotide) in Japan for Patients with Acquired Hypothalamic Obesity
Rhythm Pharmaceuticals launched IMCIVREE (setmelanotide) commercially in Japan for acquired hypothalamic obesity after inclusion on Japan's National Health Insurance drug price list.
The launch follows August MHLW approval, the first approved therapy in Japan for acquired HO, supported by the Phase 3 TRANSCEND trial showing a statistically significant 18.8% placebo-adjusted BMI reduction.
Rhythm estimates 5,000-8,000 acquired HO patients in Japan, making this a new addressable market in its global rare-disease commercialization strategy.
• 19d ago AI analysis › Press Release ⚠ 3
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 approved IMCIVREE (setmelanotide) for weight management in adult and pediatric patients 4 years of age and older with acquired hypothalamic obesity, making it the first targeted therapy approved in Canada for the disease.
The approval is based on the pivotal Phase 3 TRANSCEND trial in 142 patients, which met its primary endpoint with a statistically significant 18.8% placebo-adjusted reduction in BMI; results were recently published in The New England Journal of Medicine.
IMCIVREE was already approved in Canada in 2023 for obesity due to Bardet-Biedl syndrome or genetically confirmed POMC, PCSK1, or LEPR deficiency, so this decision broadens the Canadian label, and Rhythm will work to support patient access across Canada.
The acquired-HO indication is already authorized in the US, EU, and UK, so Canada represents an incremental commercial addition rather than a new market for the lead asset.
• 1mo ago AI analysis › Press Release ⚠ 3
Rhythm Pharmaceuticals Announces New Data Presentations at the European Society for Paediatric Endocrinology Meeting
Rhythm Pharmaceuticals announced three posters and three oral presentations at the 64th Annual ESPE Meeting in Marseille covering its work in rare MC4R pathway diseases, centered on setmelanotide (IMCIVREE) in acquired hypothalamic obesity.
Real-world data from 30 pediatric patients in France's early-access program showed mean BMI reductions of 11.5% at 6 months and 9.0% at 18 months, with decreases in patient-reported hunger and no new safety concerns.
Phase 3 post-hoc analyses showed improvements across multiple cardiometabolic risk indices versus placebo, including a Fatty Liver Index change of -20.6 versus +6.1 and a LAP change of -25.6 versus +3.6.
The data support the durability and breadth of the commercial franchise but are conference presentations of an already-approved therapy, making this incremental evidence rather than a new regulatory or trial catalyst.
• 1mo ago AI analysis › Press Release ● Major ⚠ 1
Rhythm Pharmaceuticals Announces MHLW Approval of IMCIVREE® (setmelanotide) for Patients with Acquired Hypothalamic Obesity (HO) in Japan
Rhythm Pharmaceuticals received marketing authorization from Japan's Ministry of Health, Labour and Welfare (MHLW) for IMCIVREE (setmelanotide) to treat acquired hypothalamic obesity, making it the first therapy approved for this indication in Japan.
The approval is supported by data from the Phase 3 TRANSCEND trial, which demonstrated a statistically significant 18.8% placebo-adjusted reduction in body mass index, with a commercial launch expected by the end of 2026 pending final pricing.
The company estimates there are approximately 5,000 to 8,000 people living with acquired HO in Japan, representing a new patient population for the MC4R agonist.
• 2mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces Appointment of Manher (AJ) Joshi as Chief Medical Officer
Rhythm Pharmaceuticals appointed Manher “AJ” Joshi, M.D., as Chief Medical Officer effective August 17, bringing over two decades of experience in rare disease development.
Dr. Joshi joins from Soleno Therapeutics, where he was Chief Development Officer, and previously held leadership roles at Neurona Therapeutics, Atara Biotherapeutics, and Genzyme.
CEO David Meeker highlighted Dr. Joshi’s strategic vision as critical for advancing next-generation MC4R agonists through late-stage development.
• 2mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces IMCIVREE® (setmelanotide) Receives Expanded Marketing Authorization in the United Kingdom for Treatment of Obesity and Control of Hunger in Patients with Acquired Hypothalamic Obesity due to Hypothalamic Injury or Impairment
Rhythm Pharmaceuticals received expanded marketing authorization in the UK for IMCIVREE to treat acquired hypothalamic obesity in adults and children aged 4 and older.
The approval was supported by the Phase 3 TRANSCEND trial, which showed a statistically significant -19.8% placebo-adjusted reduction in BMI at 52 weeks.
The MHRA also granted orphan drug designation for acquired HO, and Rhythm plans to work with the NHS to finalize coverage guidance.
• 2mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces Participation in Upcoming Investor Conferences
Rhythm Pharmaceuticals announced that CEO David Meeker and CFO Hunter Smith will participate in fireside chats at three upcoming investor conferences in August and September.
The scheduled appearances include the Canaccord Genuity 46th Annual Growth Conference on August 12, the Wells Fargo 21st Annual Healthcare Conference on September 9, and the Morgan Stanley 24th Annual Global Healthcare Conference on September 15.
The fireside chats will be webcast live and available for replay on the company’s investor relations website for 30 days following each event.
• 2mo ago AI analysis › Press Release ● Major ⚠ 2
Rhythm Pharmaceuticals Reports Second Quarter 2026 Financial Results and Business Update
Rhythm Pharmaceuticals reported Q2 2026 net product revenue of $71.3 million, up 47% year-over-year and 19% sequentially, driven by a strong U.S. launch of IMCIVREE for acquired hypothalamic obesity with over 400 patient start forms to date.
Operational expenses increased significantly year-over-year, leading to a net loss of $50.4 million for the quarter, though the company maintains a strong cash position of $330.9 million expected to fund operations for at least 24 months.
Pipeline progress included positive preliminary data for RM-718, showing an 11.6% mean BMI reduction in acquired HO patients, and the publication of Phase 3 TRANSCEND trial results in the New England Journal of Medicine.
• 2mo ago AI analysis › Press Release ⚠ 3
Rhythm Pharmaceuticals Announces Preliminary Data from Phase 2 Trial that Showed RM-718 Demonstrated Positive Efficacy Signal in Acquired Hypothalamic Obesity
Rhythm Pharmaceuticals announced preliminary Phase 2 data for RM-718, showing an 11.6% mean reduction in BMI from baseline at Week 16 in patients with acquired hypothalamic obesity.
The efficacy results were consistent with the approved drug setmelanotide and the investigational candidate bivamelagon, observed over similar treatment durations.
Safety was generally well tolerated with only mild, localized hyperpigmentation reported, though two patients discontinued treatment due to adverse events.
• 2mo ago AI analysis › Press Release
Rhythm Pharmaceuticals to Report Second Quarter 2026 Financial Results on Tuesday, August 4, 2026
Rhythm Pharmaceuticals announced that it will report its second quarter 2026 financial results on Tuesday, August 4, 2026.
The company will host a conference call and webcast at 8:00 a.m. ET to discuss the financial results and provide a corporate update.
A recording of the call will be archived on the company's website for approximately 30 days following the event.
• 3mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces The New England Journal of Medicine Publication of Phase 3 TRANSCEND Trial Results in Acquired Hypothalamic Obesity
Rhythm Pharmaceuticals announced the publication of Phase 3 TRANSCEND trial results for setmelanotide in The New England Journal of Medicine, demonstrating robust efficacy in patients with acquired hypothalamic obesity.
Patients treated with setmelanotide achieved a 19.8% placebo-adjusted reduction in BMI at 52 weeks, with 80% of participants achieving at least 5% BMI reduction compared to placebo.
These results underpin the FDA approval granted in March 2026 for IMCIVREE, and the company is currently seeking regulatory approval in Japan.
• 3mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces Multiple New Data Presentations from MC4R Agonists in Acquired Hypothalamic Obesity (HO), Bardet-Biedl Syndrome (BBS) and Prader-Willi Syndrome (PWS) at ENDO 2026
Rhythm Pharmaceuticals presented multiple new data sets at ENDO 2026 demonstrating robust efficacy of its MC4R agonists in rare obesity disorders.
Setmelanotide achieved a mean BMI reduction of 18.9% in patients with acquired hypothalamic obesity over 2.5 years, while oral bivamelagon showed BMI reductions ranging from 6.7% to 16.6% at one year.
Real-world data for Bardet-Biedl syndrome showed 62% of adults achieved ≥10% weight loss, alongside significant reductions in healthcare resource utilization and hyperphagia symptoms.
• 4mo ago AI analysis › Press Release ● Major
Rhythm Pharmaceuticals Presents Positive Interim Six-month Data from Phase 2 Trial of Setmelanotide in Patients with Prader-Willi Syndrome (PWS) at ENDO 2026
Rhythm Pharmaceuticals presented positive interim six-month data from its Phase 2 trial of setmelanotide in patients with Prader-Willi Syndrome (PWS) at ENDO 2026.
The 17 patients on active therapy achieved a mean BMI reduction of 3.06%, with significant reductions in fat mass (-4.19%) and preservation of lean mass (+0.74%). Clinically meaningful improvements were also seen in hyperphagia scores and anxiety measures.
These results reinforce the rationale for advancing setmelanotide into Phase 3 development for PWS, a rare genetic disorder affecting an estimated 12,500 to 16,000 patients in the US with limited effective treatment options.
• 4mo ago AI analysis › Press Release
Rhythm Pharmaceuticals to Announce Interim Six-Month Phase 2 Results Evaluating Setmelanotide in Patients with Prader-Willi Syndrome
Rhythm Pharmaceuticals will host a conference call on June 13, 2026, to present interim six-month results from its Phase 2 trial of setmelanotide in patients with Prader-Willi syndrome.
The data presentation will be led by CEO David Meeker and Dr. Jennifer Miller from the University of Florida College of Medicine.
This release serves as a notification of the upcoming data readout; no clinical results or efficacy data are included in this text.
• 4mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces Seven Abstracts Accepted for Presentation at ENDO 2026
Rhythm Pharmaceuticals announced that seven abstracts, including four late-breaking presentations, were accepted for ENDO 2026, the Endocrine Society’s annual meeting in Chicago.
The presentations cover Phase 2 and Phase 3 data for setmelanotide in Prader-Willi syndrome and acquired hypothalamic obesity, as well as one-year weight reduction data for the oral pipeline asset bivamelagon.
Additionally, Dr. Ashley Shoemaker from Vanderbilt Health will join Rhythm as a medical director effective June 1, 2026, following her presentation at the conference.
• 5mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces Publication of New Bardet-Biedl Syndrome Diagnostic Algorithm in the American Journal of Medical Genetics
Rhythm Pharmaceuticals announced the publication of a new, evidence-based diagnostic algorithm for Bardet-Biedl syndrome (BBS) in the American Journal of Medical Genetics.
The algorithm, co-authored by Rhythm-funded experts including Professor Philip Beales, aims to streamline diagnosis and reduce the time to informed care for BBS patients.
This supports the addressable market for Rhythm’s approved drug IMCIVREE (setmelanotide), which is indicated for obesity associated with BBS. The updated criteria will be presented at Rhythm’s inaugural MOMENTUM MC4R Pathway Summit in Chicago on June 12.
• 5mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces Participation in Upcoming Investor Conferences
Rhythm Pharmaceuticals announced that CEO David Meeker and CFO Hunter Smith will participate in fireside chats at two upcoming healthcare conferences.
Hunter Smith will speak at the Jefferies Global Healthcare Conference on June 4, 2026, while David Meeker will present at the Goldman Sachs 47th Annual Global Healthcare Conference on June 8, 2026.
The sessions will be webcast on the company’s investor relations website, with replays available for 30 days.
• 5mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces New Data Presentations at the 2026 European Congress of Endocrinology
globenewswire.com • 5mo ago Press Release
Rhythm Pharmaceuticals Announces Participation in Upcoming Bank of America Global Healthcare Conference
Rhythm Pharmaceuticals announced that CEO David Meeker will participate in a fireside chat at the Bank of America Global Healthcare Conference on May 13 in Las Vegas.
The session will be webcast live via the Investor Relations section of the company website, with a replay available for 30 days following the event.
The release includes standard company background regarding its lead asset IMCIVREE and pipeline candidates but does not contain any new operational or clinical updates.
• 5mo ago AI analysis › Press Release ● Major ⚠ 3
Rhythm Pharmaceuticals Reports First Quarter 2026 Financial Results and Business Update
Rhythm Pharmaceuticals reported Q1 net product revenue of $60.1 million, highlighting a strong U.S. launch for IMCIVREE with over 150 patient start forms in the first six weeks.
The European Commission granted Marketing Authorization for IMCIVREE in acquired hypothalamic obesity, though the Phase 3 EMANATE trial failed to achieve its primary endpoint in four independent substudies.
The company posted a net loss of $56.7 million, or $(0.83) per share, and holds $340.6 million in cash, raising 2026 Non-GAAP operating expense guidance to support expansion.
• 5mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces New Data Presentations in Acquired Hypothalamic Obesity at Pediatric Endocrine Society
Rhythm Pharmaceuticals presented positive long-term data at the Pediatric Endocrine Society meeting showing pediatric patients treated with setmelanotide sustained BMI reductions of 16.4% over 2.5 years.
Separate Phase 3 TRANSCEND trial data showed 71.1% of pediatric patients improved by at least one weight category after one year of treatment, compared to 13.6% for placebo.
The safety profile remained consistent with prior reports, supporting the long-term use of IMCIVREE in rare neuroendocrine diseases.
• 5mo ago AI analysis › Press Release
Rhythm Pharmaceuticals Announces IMCIVREE® (Setmelanotide) Granted Marketing Authorization by European Commission for the Treatment of Obesity and Control of Hunger in Patients with Acquired Hypothalamic Obesity
globenewswire.com • 6mo ago Press Release ● Major
Rhythm Pharmaceuticals to Report First Quarter 2026 Financial Results on Tuesday, May 5, 2026
globenewswire.com • 6mo ago Press Release ● Major
Rhythm Pharmaceuticals Announces Changes to Board of Directors
globenewswire.com • 6mo ago 3 law-firm class-action alerts