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Rhythm Pharmaceuticals, Inc. reported raising $20.5 Million in an initial SEC Form D filing, from an offering of $40.9 Million

PUBLIC · RYTMJan 20, 2017$20.5M of $40.9M raised

Amount Raised

$20.5 Million

$20.5 Million sold, per SEC Form D (first sale Jan 20, 2017)

Round Type

Venture

BostonBiotechnologyHealthcareHealth CareTherapeutics

Quick answer

Rhythm Pharmaceuticals raised $20.5 Million in a funding round, dated January 20, 2017. Rhythm Pharmaceuticals is based in Boston, Massachusetts, United States.

How much did Rhythm Pharmaceuticals raise?
Rhythm Pharmaceuticals raised $20.5 Million in a funding round on January 20, 2017.
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..
Where is Rhythm Pharmaceuticals based and how big is it?
Rhythm Pharmaceuticals is based in Boston, Massachusetts, United States. Fundz records about 201 employees.

Source: Fundz verified event record.

Who else raised in Healthcare and Therapeutics around the same time

Companies in the same sectors as Rhythm Pharmaceuticals that raised within 45 days of this round, from Fundz verified event records.

  • XTL Biopharmaceuticals Ltd raised $2.5M (Seed) on March 1, 2017.
  • IRulya Therapeutics Inc. raised $7.6M on February 14, 2017.
  • AIM ImmunoTech raised $18K (Pre-Seed) on February 13, 2017.
  • Ovid Therapeutics raised $26M on January 20, 2017.
  • Galectin raised $3M (Seed) on January 6, 2017.
  • Change Agents Corporation. raised $3.6M (Seed) on December 21, 2016.

Who to call at Rhythm Pharmaceuticals, and when

A new round usually means Rhythm Pharmaceuticals is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Rhythm Pharmaceuticals raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Rhythm Pharmaceuticals, from your own LinkedIn network

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Company Information

Company

Rhythm Pharmaceuticals

Location

500 BOYLSTON STREET

Boston, Massachusetts, United States

About

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. Rhythm’s lead asset, IMCIVREE (setmelanotide), an MC4R agonist designed to treat hyperphagia and severe obesity caused by these diseases, is approved by the U.S. Food and Drug Administration (FDA) for chronic weight management in adult and pediatric patients 6 years of age and older with monogenic or syndromic obesity due to pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1 (PCSK1) or leptin receptor (LEPR) deficiency confirmed by genetic testing, or patients with a clinical diagnosis of Bardet-Biedl syndrome (BBS). Both the European Commission (EC) and the UK’s Medicines & Healthcare Products Regulatory Agency (MHRA) have authorized setmelanotide for the treatment of obesity and the control of hunger associated with genetically confirmed BBS or genetically confirmed loss-of-function biallelic POMC, including PCSK1, deficiency or biallelic LEPR deficiency in adults and children 6 years of age and above. Additionally, Rhythm is advancing a broad clinical development program for setmelanotide in other rare MC4R pathway diseases, as well as a preclinical suite of small molecules for the treatment of congenital hyperinsulinism. Rhythm’s headquarters is in Boston, MA.

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Rhythm Pharmaceuticals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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