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Rhythm Lands $11 Million Tranche to Advance Its Treatment of GI Disorders


7/31/2013 8:35:17 AM

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Rhythm Pharmaceuticals, a Boston, Mass. biotech company developing peptide therapeutics, has closed the final tranche of its Series B round of funding. The biotech, which is developing the ghrelin peptide antagonists for the treatment of gastroparesis and other GI disorders as well as for obesity and diabetes, has received an $11 million tranche of its Series B funding, according to documents filed with the U.S. Securities and Exchange Commission on Tuesday.

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