other material
confidence high
sentiment positive
materiality 0.75
Rhythm Pharma reports preliminary 2024 IMCIVREE sales of $130M, up 68% YoY; Phase 3 HO data on track for H1 2025
RHYTHM PHARMACEUTICALS, INC.
- Preliminary Q4 2024 IMCIVREE net revenues of ~$42M, up 26% sequentially; full year ~$130M vs $77.4M in 2023.
- U.S. sales contributed ~74% of Q4 and ~73% of full year 2024 revenues.
- Topline data from Phase 3 acquired hypothalamic obesity trial expected in first half of 2025; completed Japanese cohort.
- Phase 3 EMANATE enrollment completed across four substudies; topline data anticipated first half of 2026.
- New Phase 2 trial of setmelanotide in Prader-Willi syndrome to initiate Q1 2025 (up to 20 patients, 26 weeks).