BRIEF-Rhythm Pharmaceuticals Reacquires Licensing Rights to IMCIVREE® (setmelanotide) in China with Termination of Agreement with RareStone Ltd.

Reuters

03-21

BRIEF-Rhythm Pharmaceuticals Reacquires Licensing Rights to IMCIVREE® (setmelanotide) in China with Termination of Agreement with RareStone Ltd.

March 20 (Reuters) - Rhythm Pharmaceuticals Inc RYTM.O:

RHYTHM PHARMACEUTICALS REACQUIRES LICENSING RIGHTS TO IMCIVREE® (SETMELANOTIDE) IN CHINA WITH TERMINATION OF AGREEMENT WITH RARESTONE LTD.
RHYTHM PHARMACEUTICALS INC - UNDER AGREEMENT, CO TO REPAY $6.3 MILLION TO RARESTONE
RHYTHM PHARMACEUTICALS- TO RETURN ALL RARESTONE SHARES ACQUIRED UNDER ORIGINAL AGREEMENT FOR NO ADDITIONAL CONSIDERATION

Source text: ID:nGNXbNLkck

Further company coverage: RYTM.O

((Reuters.Briefs@thomsonreuters.com;))

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