Rhythm Pharmaceutical shares are trading higher after the company announced FDA acceptance for priority review of supplemental NDA for IMCIVREE.
Portfolio Pulse from Benzinga Newsdesk
Rhythm Pharmaceuticals' shares rose following the FDA's acceptance of a priority review for their supplemental NDA for IMCIVREE.
August 26, 2024 | 12:45 pm
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POSITIVE IMPACT
Rhythm Pharmaceuticals' stock is trading higher due to the FDA's acceptance of a priority review for their supplemental NDA for IMCIVREE, indicating potential positive regulatory progress.
The FDA's acceptance of a priority review suggests a faster review process, which is generally seen as a positive development for the company. This news likely boosts investor confidence, leading to a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100