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.
Pamela J Cramer sold 15,572 shares of RYTM on 9 July at $80.00 per share, worth a total of $1.2M. They now own 30,556 RYTM shares, or a 45% holding decrease.
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