Rhythm expands into related genetic disease with Xinvento buyout
The Dutch business of Rhythm Pharmaceuticals (Nasdaq: RYTM) has acquired Xinvento, a Netherlands-based biotech focused on therapies for congenital hyperinsulinism (CHI).
Rhythm is working on treatments for hyperphagia and severe obesity caused by rare melanocortin-4 receptor (MC4R) pathway diseases, making the expansion into CHI a natural fit for its scientific expertise.
CHI is a rare and life-threatening genetic condition which leads to excess insulin being secreted, resulting in hypoglycemia.
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