Rhythm Pharmaceuticals Announces Election of Jennifer Good to its Board of Directors
June 19 2019 - 4:01PM
Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM), a biopharmaceutical
company focused on the development and commercialization of
therapeutics for the treatment of rare genetic disorders of
obesity, today announced the election of Jennifer Good to its Board
of Directors. In addition, Rhythm thanked Neil Exter, a partner at
Third Rock Ventures and member of the Company’s Board of Directors
since April 2014, who did not seek re-election.
“We are pleased to welcome Jennifer to our Board of Directors,”
said Keith Gottesdiener, M.D., Chief Executive Officer of Rhythm.
“Jennifer has experience leading and growing publicly-held life
sciences companies as chief executive officer, and she is a valued
board member for biotechnology companies and patient advocacy
organizations. We are confident she will bring extensive experience
and deep industry insights to guide Rhythm to our next stage of
growth as we seek to further cement our Company as the partner of
choice to patients, physicians and families living with rare
genetic disorders of obesity. Also, on behalf of Rhythm, I thank
Neil for his service and leadership in helping Rhythm mature into a
late-stage company with Phase 3 trials in four indications.”
Ms. Good is Co-founder, President and Chief Executive Officer,
and a member of the Board of Directors of Trevi Therapeutics, Inc.,
a clinical-stage biopharmaceutical company focused on the
development and commercialization of nalbuphine ER to treat serious
neurologically mediated conditions. Prior to co-founding Trevi in
2011, she served in various roles at Penwest Pharmaceuticals Co.,
including President and Chief Executive Officer, Chief Operating
Officer, and Chief Financial Officer, while leading the transition
of the publicly-traded company from development stage to generating
annual revenues of more than $50 million, until the Company was
acquired by a strategic partner in 2010. Ms. Good served on the
board of Juniper Pharmaceuticals, Inc. until its acquisition by
Catalent, Inc. in 2018. She also currently serves as a board member
of the Friedreich’s Ataxia Research Alliance (FARA), a patient
advocacy group advancing treatments for the cure of Friedreich’s
Ataxia, since 2011. Ms. Good holds a B.B.A. from Pacific Lutheran
University.
“I’m excited to join Rhythm at such a transformational time, as
the Company works toward its first two pivotal topline data
readouts for setmelanotide and advances its ongoing development
efforts into additional MC4R pathway-driven disorders of obesity,”
said Ms. Good. “I look forward to working with management and the
Board to advance Rhythm’s goals of building an integrated community
to better support patients, families and care providers and of
delivering setmelanotide as the first approved therapy for rare
genetic disorders of obesity.”
About Rhythm
Rhythm is a biopharmaceutical company focused on the development
and commercialization of therapies for the treatment of rare
genetic disorders of obesity. Rhythm is currently evaluating the
efficacy and safety of setmelanotide, the company’s first-in-class
MC4R agonist, in Phase 3 studies in patients with POMC deficiency
obesity, LEPR deficiency obesity, BBS, and Alström syndrome. Rhythm
is dedicated to improving the understanding of severe obesity that
results from specific genetic disorders. For healthcare
professionals, visit www.UNcommonObesity.com for more
information. For patients and caregivers,
visit www.LEADforRareObesity.com for more information.
The company is based in Boston, MA.
Forward-Looking Statements
This press release contains certain statements that are
forward-looking within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and that involve risks
and uncertainties, including statements regarding Rhythm’s business
strategy and goals, its release of results of clinical trials, and
its expectations regarding setmelanotide. Statements using word
such as “expect”, “goal”, “anticipate”, “believe”, “may”, “will”,
“plan” and similar terms are also forward looking statements. Such
statements are subject to numerous risks and uncertainties,
including but not limited to, our ability to enroll patients in
clinical trials, the design and outcome of clinical trials,
the impact of competition, the ability to achieve or obtain
necessary regulatory approvals, risks associated with data analysis
and reporting, and expenses, and other risks as may be detailed
from time to time in our Annual Reports on Form 10-K and
quarterly reports on Form 10-Q and other reports we file with
the Securities and Exchange Commission. Except as required by law,
we undertake no obligations to make any revisions to the
forward-looking statements contained in this release or to update
them to reflect events or circumstances occurring after the date of
this release, whether as a result of new information, future
developments or otherwise.
Corporate Contact:David ConnollyHead of
Investor Relations and Corporate CommunicationsRhythm
Pharmaceuticals, Inc.857-264-4280dconnolly@rhythmtx.com
Investor Contact:Hannah DeresiewiczStern
Investor Relations,
Inc.212-362-1200hannah.deresiewicz@sternir.com
Media Contact:Adam DaleyBerry & Company
Public Relations212-253-8881adaley@berrypr.com
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