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-0.00203087808180282 -0.00203087808180282 0.00452034153691626 0.00668224401109354 -0.074094293887712 -0.0850129932522437 -0.113401611600026 -0.119930993820016
Stock impact report

Rhythm Pharma Higher After FDA Approves Supplemental NDA [MarketWatch]

Rhythm Pharmaceuticals, Inc. (RYTM) 
Last rhythm pharmaceuticals, inc. earnings: 3/8 08:12 am Check Earnings Report
US:NASDAQ Investor Relations: ir.rhythmtx.com
Company Research Source: MarketWatch
The commercial-stage biopharmaceutical company after the bell Thursday said the U.S. Food and Drug Administration approved the supplemental new drug application for Imcivree in patients with Bardet-Biedl syndrome. With the approval, Imcivree is indicated for chronic weight management in adult and pediatric patients 6 years and older with monogenic or syndromic obesity due to proopiomelanocortin, proprotein convertase subtilisin/kexin type 1 or leptin receptor deficiency, or BBS. BBS is a rare genetic disease that affects approximately 1,500 to 2,500 people in the U.S. People living with BBS may experience insatiable hunger. Stifel analysts in a research report note the approval expands the addressable market. "We are positive on the uptake for 3 reasons: 1) lack of approved therapies, 2) inclusive label (includes patients with severe renal impairment), and 3) possible jumpstart in commercial activities with 350+ patients identified/diagnosed," the analysts said. Rhythm Pharma Show less Read more
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