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Rhythm Pharmaceuticals has completed a Phase 2 clinical study on setmelanotide for obesity in individuals with specific genetic variants affecting the melanocortin-4 receptor pathway. The study aimed to evaluate the safety and efficacy of setmelanotide, a drug intended to treat obesity by targeting and activating the MC4R pathway. Successful results could positively impact Rhythm Pharmaceuticals' stock performance and differentiate it from competitors in the obesity treatment market.

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