Rhythm Pharmaceuticals, based in Boston, develops therapeutics for rare diseases, focusing on melanocortin-4 receptor agonists like IMCIVREE, approved for chronic weight management in specific obesity cases. The company employs 226 people and went public in October 2017.
David P Meeker sold 43,620 shares of RYTM on 3 June at $65.60 per share, worth a total of $2.9M. They now own 202,099 RYTM shares, or a 18% holding decrease.
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