Rhythm Pharmaceuticals Inc logo

RYTMRhythm Pharmaceuticals Inc

NASDAQ · Healthcare · Biotechnology

$104.74

-$1.39 (-1.31%)

Rhythm Pharmaceuticals Inc (RYTM) is a biotechnology company listed on NASDAQ. It is led by David P. Meeker M.D., based in 222 Berkeley Street, Boston, MA, United States, 02116, with about 414 employees. Rhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the rare neuroendocrine diseases in the United States and internationally. The company's lead product candidate is IMCIVREE (setmelanotide), a rare melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, Bardet-Biedl and Alström syndrome, Prader-Willi syndrome, and hypothalamic obesity. It is in Phase 3 clinical trials for treating acquired hypothalamic obesity, congenital hypothalamic obesity, pro-opiomelanocortin (POMC) and LEPR insufficiency obesities, SRC1 deficiency obesity, and SH2B1 deficiency obesity; and in phase 2 clinical trails for the treatment of Prader-Willi syndrome and MC4R deficiency. The company is also developing bivamelagon, an investigational oral small molecule MC4R agonist that is in phase 2 clinical trial for the treatment of MC4R pathway diseases; and RM-718, a next generation MC4R peptide agonist that is in phase 1 clinical trial for the treatment of hypothalamic obesity. The company was formerly known as Rhythm Metabolic, Inc. and changed its name to Rhythm Pharmaceuticals, Inc. in October 2015. Rhythm Pharmaceuticals, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts.

Latest reported RYTM revenue for 2025-09-30 was $51.3M. Net income was -$149.0M. Revenue was up 5.8% from 2025-06-30 to 2025-09-30. RYTM currently screens at market cap $6.49B.

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About Rhythm Pharmaceuticals Inc

Rhythm Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, focuses on the rare neuroendocrine diseases in the United States and internationally. The company's lead product candidate is IMCIVREE (setmelanotide), a rare melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, Bardet-Biedl and Alström syndrome, Prader-Willi syndrome, and hypothalamic obesity. It is in Phase 3 clinical trials for treating acquired hypothalamic obesity, congenital hypothalamic obesity, pro-opiomelanocortin (POMC) and LEPR insufficiency obesities, SRC1 deficiency obesity, and SH2B1 deficiency obesity; and in phase 2 clinical trails for the treatment of Prader-Willi syndrome and MC4R deficiency. The company is also developing bivamelagon, an investigational oral small molecule MC4R agonist that is in phase 2 clinical trial for the treatment of MC4R pathway diseases; and RM-718, a next generation MC4R peptide agonist that is in phase 1 clinical trial for the treatment of hypothalamic obesity. The company was formerly known as Rhythm Metabolic, Inc. and changed its name to Rhythm Pharmaceuticals, Inc. in October 2015. Rhythm Pharmaceuticals, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts.

RYTM Key Statistics

Market Cap

$6.49B

Volume

352,457

Previous Close

$111.44

Day Range

$111.79$114.07

0

P/B Ratio

50.08

EPS

-$4.34

Revenue

$130.13M

Net Income

-$260.60M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

+68.1%

Profit Margin

-200.3%

Employees

414

RYTM Financials

Annual income statement in USD. Latest reported periods first.

RYTM annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$130.13M$77.43M$23.64M$3.15M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$260.60M-$184.68M-$181.12M-$69.61M
EPS (Diluted)-$4.34-$3.20-$3.47-$1.40

Total Assets

$392.27M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$89.14M

Operating Cash Flow

-$113.88M

Free Cash Flow

$0.00

Rhythm Pharmaceuticals Inc Company Information

Chairman, President & CEO
David P. Meeker M.D.
Headquarters
222 Berkeley Street, Boston, MA, United States, 02116
Phone
857 264 4280
IPO / Founded
2017-10-05
Industry
Biotechnology
Data Updated:

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