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Ropes & Gray Represents Perceptive Advisors in Rhythm Pharmaceuticals Convertible Preferred Stock Investment
April 03, 2024
BOSTON, Massachusetts, April 3 -- Ropes and Gray, a law firm, issued the following news:

Ropes & Gray advised Perceptive Advisors LLC in its investment in Rhythm Pharmaceuticals, Inc., a biopharmaceutical company focused on treatments for rare neuroendocrine diseases including disorders that lead to severe obesity.

Perceptive led the purchase of $150 million in series A convertible preferred stock. Rhythm intends to use the proceeds of the sale to fund its clinical . . .

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