🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Rhythm Pharma's setmelanotide shows treatment effect in mid-stage study in Bardet-Biedl syndrome; shares ahead 5%

Published 10/31/2017, 12:32 PM
© Reuters.  Rhythm Pharma's setmelanotide shows treatment effect in mid-stage study in Bardet-Biedl syndrome; shares ahead 5%
RYTM
-
  • Preliminary results from a Phase 2 clinical trial assessing Rhythm Pharmaceuticals' (RYTM +4.5%) setmelanotide in patients with Bardet-Biedl syndrome (BBS) showed a positive effect. The data are being presented at ObesityWeek 2017 in Washington, D.C.
  • Four of five morbidly obese BBS patients received daily injections of setmelanotide for 52 weeks. Within 6 - 19 weeks of initiation, four experienced weight loss of almost 10% to over 12%. The drug was well-tolerated with a favorable safety profile.
  • The study is ongoing. According to ClinicalTrials.gov, the primary completion date is September 2018.
  • BBS is a rare inherited disorder characterized by obesity, vision loss, extra toes or fingers and hypogonadism.
  • Setmelanotide binds to and activates receptors in the brain's hypothalamus called MC4 that are thought to play a key role in the regulation of appetite. In addition to suppressing appetite, setmelanotide increases energy expenditure in obese people without increasing heart rate or blood pressure.
  • Now read: Orphan Disease IPO, Rhythm Pharmaceuticals: Initiating Coverage With Buy Rating And Price Target (40% Upside)


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.