Rhythm Pharmaceuticals Reports Third Quarter 2018 Financial Results

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BOSTON, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM), a biopharmaceutical company focused on the development and commercialization of therapeutics for the treatment of rare genetic disorders of obesity, today reported financial results and provided a business update for the third quarter ended September 30, 2018.

“Our recent progress provides further compelling evidence of setmelanotide’s potential as a replacement therapy for patients with MC4R pathway disorders, and demonstrates our commitment to building an integrated community to support people living with rare genetic forms of obesity,” said Keith Gottesdiener, M.D., Chief Executive Officer of Rhythm. “In addition to presenting updated data from our Phase 2 basket studies in patients with BBS and Alström Syndrome, which showed continued reductions in body weight and decreased appetite, we were pleased to launch our TEMPO registry in the third quarter. TEMPO represents a landmark effort to collect longitudinal data on patients with rare genetic disorders of obesity, in hopes of providing key stakeholders with the information and resources to better identify and treat people living with these conditions. We look forward to continuing to work together with physicians and the broader community to improve our understanding of rare genetic disorders of obesity, while also advancing our broad development program for setmelanotide with the initiation of our third pivotal trial expected by year-end.”

Rhythm is a biopharmaceutical company focused on the development and commercialization of therapies for the treatment of rare genetic disorders of obesity. Rhythm is currently evaluating the efficacy and safety of setmelanotide, the Company’s first-in-class melanocortin-4 receptor (MC4R) agonist, in Phase 3 studies in patients with pro-opiomelanocortin (POMC) deficiency obesity (which includes deficiencies in both the POMC and PCSK1 genes) and leptin receptor (LEPR) deficiency obesity. Rhythm is dedicated to improving the understanding of severe obesity that results from specific genetic disorders. For healthcare professionals, visit  for more information. The company is based in Boston, MA.

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Globe Newswire: 13:00 GMT Friday 9th November 2018

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