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Rhythm Pharmaceuticals

Priced, Nasdaq: RYTM

Developing peptide-based therapies to treat rare genetic obesity.

Industry: Health Care

First Day Return: +76.5%

We are a biopharmaceutical company focused on the development and commercialization of peptide therapeutics for treatments of the genetic deficiencies that result in metabolic disorders. Our lead product candidate is setmelanotide, a melanocortin-4 receptor, or MC4R agonist for the treatment of obesity that has the potential to serve as a replacement therapy for the treatment of monogenic MC4 pathway deficiencies. MC4 pathway deficiencies result in the disruption of satiety signals and energy homeostasis in the body, which in turn, leads to intense feelings of hunger and to obesity. Our development efforts are initially focused on obesity related to six single gene-related, or monogenic, MC4 deficiencies for which there are currently no effective or approved treatments.
IPO Data
IPO Date 10/04/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $120
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Boston, MA, United States
Founded 2008
Employees at IPO 15
Website www.rhythmtx.com

Rhythm Pharmaceuticals (RYTM) Performance