Rhythm advances lead asset into late-stage trial in Prader-Willi syndrome

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Prader-Willi Syndrome Awareness Month

Rhythm Pharma (RYTM) added ~15% on Thursday after the company announced plans to advance its lead asset, setmelanotide, into a registrational Phase 3 trial for a rare genetic disorder called Prader-Willi syndrome following a promising mid-stage readout.

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