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AstraZeneca proposes $10B Rhythm buy

PUBLIC · AZNNov 08, 2026

Acquiring Company

AstraZeneca Plc

Acquired Company

Rhythm Pharmaceuticals

CambridgeBostonBiotechnologyHealth CarePharmaceuticalBiopharmaBiotechnologyHealthcareHealth CareTherapeutics

Description

AstraZeneca has proposed acquiring Rhythm Pharmaceuticals in a deal valued at approximately $10 billion. The headline describes the offer as a proposal, so the transaction is not yet agreed or completed.

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Company Information

Company

AstraZeneca Plc

Location

Cambridge, England, United Kingdom

About

AstraZeneca is a global, science-led biopharmaceutical company. It focuses on the discovery, development, and commercialization of prescription medicines. The company specializes in areas such as oncology, cardiovascular, and respiratory diseases.

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Frequently asked

Who acquired Rhythm Pharmaceuticals?

Rhythm Pharmaceuticals was acquired by AstraZeneca Plc, based in Cambridge. The deal was reported on November 8, 2026. AstraZeneca is a global, science-led biopharmaceutical company. It focuses on the discovery, development, and commercialization of prescription medicines. AstraZeneca Plc is publicly traded (AZN) and operates in Biotechnology.

When did AstraZeneca Plc acquire Rhythm Pharmaceuticals?

AstraZeneca Plc's acquisition of Rhythm Pharmaceuticals was reported on November 8, 2026. AstraZeneca has proposed acquiring Rhythm Pharmaceuticals in a deal valued at approximately $10 billion. The headline describes the offer as a proposal, so the transaction is not yet agreed or completed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Rhythm Pharmaceuticals do?

Rhythm is a commercial-stage biopharmaceutical company committed to transforming the lives of patients and their families living with hyperphagia and severe obesity caused by rare melanocortin-4 receptor (MC4R) pathway diseases. It is publicly traded (RYTM), operating in Biotechnology, and is based in Boston.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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