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Rhythm Pharmaceuticals

Commercializes MC4R-targeted therapies for rare obesity

Executive Medical Director

Full-Time
$260k - $400k+ Discretionary annual bonus + Restricted stock units
Expert
MD
Boston, MA, USA
HybridHybrid role requiring Boston office attendance in coordination with department and business needs.
Biology & Biotech

About the job

Requirements
  • A Doctor of Medicine (MD) or equivalent international medical degree is required.
  • A minimum of 8–10 years of clinical development experience within the pharmaceutical or biotechnology industry, including experience leading global clinical development programs and regulatory interactions.
  • Demonstrated success serving as a senior medical leader within a Clinical Development organization, including mentoring and developing other physicians and providing technical leadership across multiple studies or programs.
  • A demonstrated track record of successful clinical trial design, medical oversight, and execution across Phase 1 through Phase 3 clinical studies, including registrational or pivotal trials.
  • Proven experience leading clinical components of global regulatory filings (IND/NDA/BLA/MAA) and direct participation in formal interactions with regulatory agencies such as the FDA, EMA, and PMDA.
  • Deep expertise in GCP/ICH guidelines, pharmacovigilance reporting standards, ethical conduct of clinical trials, and global clinical regulatory policies.
  • Ability to influence cross-functional teams and external stakeholders and serve as a trusted subject matter expert and mentor within a Clinical Development organization.
  • Ability to balance scientific rigor, patient needs, regulatory requirements, and business priorities within a fast-paced biotech environment.
  • Written, verbal, and presentation communication skills sufficient to convey complex medical and scientific concepts clearly to diverse internal and external audiences.
  • Ability to travel domestically and internationally as necessary, up to 20%.
  • Willingness and ability to be in the Boston office in coordination with department and business needs.
Responsibilities
  • Serve as Clinical or Medical Lead across multiple complex clinical studies and development programs, ensuring high-quality trial execution, patient safety, and scientific integrity.
  • Act as a senior clinical development resource, providing scientific and operational guidance to fellow Medical Directors and study teams.
  • Lead the creation, optimization, and execution of comprehensive Clinical Development Plans and study protocols for new indications, lifecycle management activities, and future pipeline opportunities.
  • Provide strategic medical and scientific leadership across cross-functional matrix teams, including Clinical Operations, Biostatistics, Data Management, Regulatory Affairs, Medical Affairs, Translational Research, and Drug Safety/Pharmacovigilance.
  • Provide physician oversight for medical monitoring activities, including subject eligibility evaluation, protocol deviations, endpoint assessment, and emerging clinical issues.
  • Provide clinical safety leadership across assigned programs, including review of aggregate safety data, serious adverse event evaluation, and benefit-risk evaluation, collaborating with Pharmacovigilance to support patient safety.
  • Lead the clinical authoring, review, and defense of key regulatory documents, including INDs, Briefing Packages, Investigator’s Brochures, Clinical Study Reports, and NDA/BLA/MAA clinical modules; serve as a primary clinical representative in meetings with the FDA, EMA, and other global health authorities.
  • Direct interpretation, synthesis, and reporting of complex clinical data from ongoing and completed trials, contributing to peer-reviewed publications, congress presentations, and internal executive briefings.
  • Support less-experienced team members in developing data interpretation and communication skills.
  • Establish and maintain collaborative partnerships with external Key Opinion Leaders, investigators, academic collaborators, and study sites; support and participate in Scientific Advisory Boards and Data Safety Monitoring Boards.
  • Mentor, guide, and support Medical Directors and cross-functional study team members, sharing clinical development expertise and serving as a resource for protocol design, medical monitoring, regulatory strategy, and study execution.
  • Help strengthen organizational capabilities through knowledge sharing, best practices, and informal leadership across the Clinical Development function.
Desired Qualifications
  • Board certification in Endocrinology, Pediatrics, Genetics, Internal Medicine, or a related specialty.
  • Experience in rare disease, endocrinology, obesity, metabolic disease, pediatrics, or related therapeutic areas.

About the company

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Rhythm Pharmaceuticals

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Rhythm Pharmaceuticals develops and commercializes therapies for rare neuroendocrine and genetic obesity disorders. Its lead drug, IMCIVREE (setmelanotide), is an MC4R agonist that helps restore signaling in the melanocortin-4 pathway to regulate hunger and energy use. The company earns revenue primarily from global IMCIVREE sales and reinvests in research, development, and commercialization. Its aim is to broaden MC4R-targeted treatments for underserved patients and advance additional candidates like bivamelagon and RM-718 through clinical development.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

2008

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Simplify's Take

What believers are saying

  • Second-quarter 2026 product revenue hit $71.3 million, up 19% sequentially.
  • More than 400 acquired-HO start forms came from roughly 300 prescribers by June 30, 2026.
  • AJ Joshi became chief medical officer on August 17, 2026, strengthening late-stage execution.

What critics are saying

  • Rhythm depends on IMCIVREE; August 2026 revenue still came entirely from one drug.
  • RM-718 and bivamelagon must succeed after 2026 data; failure leaves no next growth engine.
  • Hypothalamic obesity launches in Japan and Europe need reimbursement speed; delays hit 2027 demand.

What makes Rhythm Pharmaceuticals unique

  • Rhythm owns the only approved MC4R franchise for rare genetic obesity, built since 2008.
  • IMCIVREE won Japan MHLW approval on August 24, 2026, extending global rare-obesity reach.
  • Rhythm published a Bardet-Biedl diagnostic algorithm, improving patient identification for prescribers.

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Benefits

  • Hybrid Work Options
  • Performance Bonus
  • Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

8%

2 year growth

2%
Yahoo Finance
Oct 13th, 2026
Rhythm launches IMCIVREE in Japan, the first approved therapy for acquired hypothalamic obesity

Rhythm Pharmaceuticals has launched IMCIVREE (setmelanotide) in Japan to treat acquired hypothalamic obesity. It is the first approved therapy for the condition in the country, and it is now on Japan's National Health Insurance drug price list. Japan's Ministry of Health, Labour and Welfare approved the drug in August. The approval rested on the Phase 3 TRANSCEND trial of 142 patients, which met its primary endpoint with an 18.8% placebo-adjusted reduction in body mass index. Rhythm, based in Boston, estimates that 5,000 to 8,000 people in Japan live with the condition. "This launch marks an important advancement for people living with acquired HO in Japan," said Yann Mazabraud, executive vice president and head of international at Rhythm.

Yahoo Finance
Sep 12th, 2026
Druckenmiller's fund buys $22.6M stake in rare obesity treatment maker Rhythm Pharmaceuticals

Stanley Druckenmiller's Duquesne Family Office disclosed new positions in over 40 stocks in its second quarter 13F filing. Notable healthcare investments included 203,618 shares of Rhythm Pharmaceuticals worth $22.6 million and 356,600 shares of Definium Therapeutics worth $16.8 million. Rhythm Pharmaceuticals develops treatments for hypothalamic obesity, currently the only approved drug for this condition. The company estimates approximately 10,000 US patients have acquired hypothalamic obesity, with similar numbers in Europe and 5,000 to 8,000 in Japan. Second-quarter revenue increased 47% year over year, whilst US revenue jumped 38% sequentially. The company remains unprofitable despite revenue growth and held $330.9 million in cash at quarter end, expected to fund operations for at least 24 months.

Yahoo Finance
Aug 24th, 2026
Japan approves Imcivree for acquired hypothalamic obesity, launch expected by end of 2026

Rhythm Pharmaceuticals has received approval from Japan's Ministry of Health, Labour and Welfare for IMCIVREE (setmelanotide) to treat patients with acquired hypothalamic obesity (HO). This marks the first therapy approved in Japan for this condition. The approval was supported by the Phase 3 TRANSCEND trial involving 142 patients, including a Japanese cohort. The study met its primary endpoint with an 18.8% placebo-adjusted reduction in body mass index. Rhythm estimates 5,000 to 8,000 people are living with acquired HO in Japan. The company expects to launch IMCIVREE before the end of 2026, pending final pricing determination. Acquired HO is characterised by accelerated weight gain following hypothalamic injury, often resulting from craniopharyngioma, astrocytoma, or other hypothalamic-pituitary tumours.

Yahoo Finance
Aug 17th, 2026
Rhythm Pharmaceuticals appoints Manher Joshi as chief medical officer

Rhythm Pharmaceuticals has appointed Manher "AJ" Joshi as Chief Medical Officer, effective 17 August. Dr Joshi brings over 20 years of experience spanning drug discovery, pivotal trials, regulatory processes and lifecycle management. Dr Joshi joins from Soleno Therapeutics, where he served as Chief Development Officer. He previously held the Chief Medical Officer position at Neurona Therapeutics and executive roles at Atara Biotherapeutics. His career also includes leadership positions at Allergan Medical, Synageva BioPharma, and Genzyme. Rhythm is a commercial-stage biopharmaceutical company focused on rare neuroendocrine diseases. Its lead asset, IMCIVREE (setmelanotide), is approved in the US and Europe for treating certain forms of obesity. The company is advancing next-generation MC4R agonists through late-stage development.

Associated Press
Aug 11th, 2026
Rhythm Pharmaceuticals' IMCIVREE receives UK approval for acquired hypothalamic obesity treatment

Rhythm Pharmaceuticals announced that the UK's Medicines and Healthcare products Regulatory Agency has expanded the marketing authorisation for IMCIVREE (setmelanotide) to include treatment of obesity and control of hunger in adults and children aged 4 and older with acquired hypothalamic obesity due to hypothalamic injury or impairment. The MHRA also granted IMCIVREE orphan drug designation for acquired HO. The approval is based on results from the Phase 3 TRANSCEND trial, which met its primary endpoint with a statistically significant 19.8% placebo-adjusted reduction in body mass index. The global trial enrolled 120 patients. IMCIVREE initially received marketing authorisation in the UK in 2021 for treatment of obesity in patients with POMC, PCSK1 or LEPR deficiency, with subsequent expansions for other rare obesity conditions.