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.
Joseph Shulman sold 7,969 shares of RYTM on 9 July at $80.00 per share, worth a total of $638K. They now own 12,494 RYTM shares, or a 48% holding decrease.
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