Updates
** Shares of Rhythm Pharmaceuticals RYTM.O jump 23.7% to record high of $80.7
** Experimental drug bivamelagon showed reductions in body mass index at 14 weeks of treatment in patients with acquired hypothalamic obesity
** Tested the drug in a mid-stage trial of 28 patients aged 12 years or older
** Plans to seek input from U.S. and EU regulatory authorities on a late-stage trial design
** Acquired hypothalamic obesity is a rare form of obesity that occurs following damage to the hypothalamic region of the brain
** Including session's move, stock up ~44% YTD
(Reporting by Sriparna Roy and Christy Santhosh in Bengaluru)
((Sriparna.Roy@thomsonreuters.com;))