Rhythm Pharmaceuticals (RYTM) Misses Q1 EPS by 8c

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Rhythm Pharmaceuticals Reports First Quarter 2019 Financial Results

May 3, 2019 8:37 AM EDT

- Announced updated clinical data from Phase 2 basket study of setmelanotide in MC4R pathway heterozygous (HET) obesity, demonstrating consistent weight and hunger responses in patients with high-impact loss-of-function (LOF) variants -

- Announced strategy for further development in HET obesity with patients stratified into cohorts based on LOF variant -

- Topline data from pivotal Phase 3 trials evaluating setmelanotide in pro-opiomelanocortin (POMC) and leptin receptor (LEPR) deficiency obesity expected in the third quarter of 2019, followed by New Drug Application (NDA) filings -

BOSTON, May 03, 2019 (GLOBE... More