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Details:

The Company intends to use the proceeds to fund its clinical development programs, including, IMCIVREE (setmelanotide), an MC4R agonist designed to treat hyperphagia and severe obesity, approved by the U.S. Food and Drug Administration for chronic weight management.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Perceptive Advisors LLC

Deal Size: $150.0 million Upfront Cash: Undisclosed

Deal Type: Financing April 01, 2024

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Imcivree (setmelanotide) is a MC4 receptor agonist indicated for chronic weight management in adult and pediatric patients 6 years of age and older with monogenic or syndromic obesity. It is being evaluated for the treatment of hypothalamic obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 22, 2024

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Details:

Imcivree (setmelanotide), an MC4R agonist designed to treat hyperphagia and severe obesity, is approved by the FDA for chronic weight management. It is under phase 3 clinical trials for the treatment of hypothalamic obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 04, 2024

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Imcivree (setmelanotide) is a melanocortin 4 (MC4) receptor agonist. It is the first and only therapy approved in Canada for weight management in adult and pediatric patients 6 years of age and older with obesity due to Bardet-Biedl syndrome (BBS).


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 02, 2023

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Details:

Imcivree (setmelanotide) is a melanocortin 4 (MC4) receptor agonist, which is investigated for the treatment of treatment for acquired hypothalamic obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 18, 2023

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Under the agreement, Genpharm will distribute Imcivree (setmelanotide) to patients in GCC countries for the treatment of hyperphagia and obesity due to Bardet-Biedl syndrome or genetically-confirmed biallelic pro-opiomelanocortin, PCSK1, or leptin receptor deficiency.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Genpharm

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration May 22, 2023

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Details:

Imcivree (setmelanotide acetate), recently Canada approved, is a MC4 receptor agonist indicated for chronic weight management in adult and pediatric patients 6 years of age and older with monogenic or syndromic obesity and Control of hunger in bardet-biedl syndrome.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable May 08, 2023

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Details:

Imcivree (setmelanotide acetate) is a melanocortin 4 (MC4) receptor agonist indicated for chronic weight management in adult and pediatric patients 6 years of age and older with monogenic or syndromic obesity and Control of hunger in bardet-biedl syndrome.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 24, 2023

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Details:

Imcivree (setmelanotide) is a melanocortin 4 (MC4) receptor agonist indicated for chronic weight management in adult and pediatric patients 6 years of age and older with monogenic or syndromic obesity


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: PreclinicalProduct Type: Peptide

Partner/Sponsor/Collaborator: Rhythm Pharmaceuticals

Deal Size: $211.0 million Upfront Cash: $5.0 million

Deal Type: Acquisition February 27, 2023

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Details:

Imcivree (setmelanotide acetate) is an MC4 receptor agonist with 20-fold less activity at the MC3 and MC1 receptors. MC4 receptors in the brain are involved in regulation of hunger, satiety, and energy expenditure. It is approved for POMC, PCSK1, LEPR, BBS disorders.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 23, 2023

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Details:

The safety profile observed in this study was consistent with that observed with Imcivree (setmelanotide) in previous clinical trials in patients with other rare MC4R pathway diseases. Skin hyperpigmentation (n=23; 60.5%) was the most common adverse event (AE).


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 08, 2022

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Details:

Imcivree (setmelanotide), has shown significant potential to transform the care of individuals living with the onset of extreme weight gain from hypothalamic obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: Phase IIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 02, 2022

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Details:

Setmelanotide, an MC4R agonist marketed as IMCIVREE®, previously received Breakthrough Designation while being developed for Bardet-Biedl syndrome and proopiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1 (PCSK1) and leptin receptor (LEPR) deficiencies.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: Phase IIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 01, 2022

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Details:

Imcivree (setmelanotide) is a MC4R agonist. The MC4R is part of the key biological pathway that regulates hunger, caloric intake and energy expenditure. Variants in genes may impair the function of the MC4R pathway, potentially leading to hyperphagia and obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: Phase IIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 25, 2022

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Details:

Rhythm intends to use the net proceeds from this offering to advance global commercialization of IMCIVREE for obesity due to POMC, PCSK1 or LEPR deficiency and BBS, to advance clinical development of setmelanotide in hypothalamic obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Cowen

Deal Size: $124.8 million Upfront Cash: Undisclosed

Deal Type: Public Offering September 19, 2022

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Details:

Setmelanotide (imcivree) is indicated for the treatment of obesity and genetically confirmed BBS or genetically confirmed loss-of-function biallelic POMC, including PCSK1, deficiency or biallelic leptin receptor deficiency in adults and children 6 years of age and above.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 19, 2022

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Details:

Proceeds will be used to fund the Company’s lead asset, Imcivree (setmelanotide acetate), and support intellectual property development, other commercial activities, and for general working capital purposes.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Cowen

Deal Size: $4.8 million Upfront Cash: Undisclosed

Deal Type: Public Offering September 14, 2022

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Details:

Imcivree (setmelanotide) is indicated for treatment of obesity and control of hunger associated with genetically confirmed BBS or genetically confirmed loss-of-function biallelic pro-opiomelanocortin, including PCSK1, deficiency or biallelic leptin receptor deficiency.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: HealthCare Royalty Partners

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 06, 2022

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Details:

IMCIVREE® (setmelanotide) is indicated for the treatment of obesity and the control of hunger associated with genetically confirmed loss-offunction biallelic POMC, including PCSK1, deficiency or biallelic LEPR deficiency in adults and children 6 years of age and above.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 20, 2022

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Details:

Imcivree (setmelanotide) also achieved a meaningful reduction in hunger scores. Consistent with prior clinical experience in other rare MC4R pathway diseases, setmelanotide was observed to be generally well tolerated.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 12, 2022

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Details:

IMCIVREE® (setmelanotide), a melanocortin-4 receptor (MC4R) agonist, for treatment of obesity and the control of hunger associated with genetically confirmed loss-of-function biallelic POMC.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 22, 2022

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Details:

Rhythm intends to use the proceeds from the Agreement and its cash on hand to support global commercialization efforts for IMCIVREE® (setmelanotide) and ongoing clinical development.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: HealthCare Royalty Partners

Deal Size: $100.0 million Upfront Cash: $37.5 million

Deal Type: Agreement June 16, 2022

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Details:

IMCIVREE (setmelanotide acetate) indicated for chronic weight management in adult and pediatric patients 6 years old and older with monogenic or syndromic obesity due to proopiomelanocortin, proprotein convertase subtilisin/kexin type 1 or leptin receptor deficiency, or BBS.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 16, 2022

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Details:

New data showed Imcivree (setmelanotide) treatment led to clinically meaningful improvements in lipid parameters, without affecting blood pressure or heart rate in patients with BBS.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable May 02, 2022

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Details:

Imcivree (setmelanotide) is a melanocortin-4 receptor (MC4R) agonist designed to address the underlying cause of obesities driven by genetic variants that impair function of the MC4R pathway.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Nutrition and Weight Loss Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 06, 2022

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Details:

This licensing agreement marks the first expansion of Rhythm’s pipeline into Asia and is designed to accelerate patient access to IMCIVREE where there remains significant unmet need to address the severe, early-onset obesity and hyperphagia.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: RareStone

Deal Size: $75.5 million Upfront Cash: $12.0 million

Deal Type: Licensing Agreement December 06, 2021

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Details:

Phase 2 Basket trial demonstrated setmelanotide’s ability to reduce hunger in people living with rare genetic diseases of obesity in the trial, further reinforcing confidence in the DAYBREAK and EMANATE trials.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 01, 2021

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Details:

Setmelanotide resulted in clinically meaningful improvement in HRQOL in eight of 13 (73%) of patients after 52 weeks of treatment, with improvements in HRQOL that were 2 to 3 times larger than the relevant meaningful threshold.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 14, 2021

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Details:

Setmelanotide, an MC4R agonist used in patients with five distinct rare genetic diseases of obesity, including patients whose obesity is linked to certain variants of the SRC1 or SH2B1 genes and Bardet-Biedl syndrome.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 22, 2021

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Details:

IMCIVREE® (setmelanotide) is a melanocortin 4 (MC4) receptor agonist used for the treatment of obesity and control of hunger in adult and pediatric patients 6 years of age and older with Bardet-Biedl syndrome (BBS) or Alström syndrome.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 20, 2021

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Details:

IMCIVREE was approved on November 2020 by the U.S.FDA for chronic weight management in adults and pediatric patients 6 years of age and older with obesity due to POMC, proprotein convertase subtilisin/kexin type 1 (PCSK1) or LEPR deficiency confirmed by genetic testing.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Medison Pharma

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Partnership July 22, 2021

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Details:

As an MC4 receptor agonist, setmelanotide is designed to restore impaired MC4 receptor pathway activity arising due to genetic deficits upstream of the MC4 receptor.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Imcivree

Highest Development Status: ApprovedProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable May 21, 2021

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Details:

Additional poster presentations include Phase 3 data in Bardet-Biedl and Alström syndromes and analyses of adverse events in Phase 2 and Phase 3 studies in POMC, PCSK1, or LEPR deficiency showing consistent safety results for setmelanotide.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 20, 2021

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Details:

Phase 2 Basket Study responder rates and updated sequencing results suggest 100,000-200,000 potentially setmelanotide-responsive HET POMC, PCSK1 or LEPR deficiencies and SRC1 or SH2B1 deficiency obesity patients in U.S.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 26, 2021

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Details:

Setmelanotide is Rhythm Pharma's melanocortin-4 receptor (MC4R) agonist, for the treatment of insatiable hunger and severe obesity in individuals with Alström syndrome. The data showed that setmelanotide reduced weight and alleviated hunger in BBS patients.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-439

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable December 22, 2020

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Details:

Interim data from Phase 2 study showed that once-weekly formulation of setmelanotide achieved safety and efficacy results comparable to daily-dosing formulation.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 04, 2020

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Details:

Data from the studies demonstrate that treatment with setmelanotide, the company’s melanocortin-4 receptor (MC4R) agonist, led to statistically significant and clinically meaningful reductions of weight and hunger.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 30, 2020

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Details:

Data from the study demonstrate that treatment with setmelanotide, the company’s melanocortin-4 receptor (MC4R) agonist, reduced body weight and hunger in individuals with BBS.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 16, 2020

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Details:

Company has submitted its Marketing Authorization Application (MAA) to the European Medicines Agency for setmelanotide, the company’s melanocortin-4 receptor (MC4R) agonist, for the treatment of pro-opiomelanocortin deficiency obesity and leptin receptor deficiency obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 01, 2020

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Details:

U.S. FDA has granted rare pediatric disease designations for setmelanotide, an investigational melanocortin-4 receptor (MC4R) agonist, for the treatment of pro-opiomelanocortin (POMC) deficiency obesity and leptin receptor (LEPR) deficiency obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 01, 2020

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Details:

Healthy obese people treated with the weekly formulation of setmelanotide achieved comparable weight loss to those treated with the daily formulation, and both weekly and daily formulations of setmelanotide were observed to be safe and well-tolerated.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: RM-493

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 24, 2020

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Details:

FDA has accepted the company's New Drug Application (NDA) for setmelanotide, an investigational, melanocortin-4 receptor (MC4R) agonist, for the treatment of pro-opiomelanocortin (POMC) deficiency obesity and leptin receptor (LEPR) deficiency obesity.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Undisclosed

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable May 13, 2020

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Details:

Rhythm is currently evaluating setmelanotide’s ability to reduce hunger and affect weight loss in an ongoing pivotal Phase 3 trial in patients living with Alström and Bardet-Biedl syndromes.


Lead Product(s): Setmelanotide Acetate

Therapeutic Area: Genetic Disease Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Peptide

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 18, 2020

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