Rhythm Pharma Wins FDA Approval For First-Ever Rare Weight Disorder Therapy

3/20/2026
Impact: 85
Healthcare

Rhythm Pharmaceuticals Inc. received FDA approval for an expanded indication of its therapy Imcivree (setmelanotide) to treat acquired hypothalamic obesity (HO), making it the first FDA-approved treatment for this condition. The approval is based on the Phase 3 TRANSCEND trial, which showed a statistically significant 18.4% placebo-adjusted reduction in body mass index (BMI) among participants. Following the announcement, Rhythm's stock price increased by 8.34% to $97.84 in premarket trading.

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