Rhythm Pharmaceuticals Reports Second Quarter 2022 Financial Results and Business Update
-- Entered into non-dilutive revenue interest financing agreement with Healthcare Royalty Partners for up to $100 million, extending cash runway into second half of 2024 --
- ET--
BOSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM) today reported financial results and provided a business update for the second quarter ended June 30, 2022. - R&D Expenses: R&D expenses were$31.5 millionin the second quarter of 2022, as compared to$25.1 millionin the second quarter of 2021.
- S,G&A Expenses: S,G&A expenses were $22.3 million for the second quarter of 2022, as compared to $15.5 million for the second quarter of 2021.
- ET today to review its second quarter 2022 financial results and recent business activities.