AstraZeneca Offers for Rhythm, Sources Say
AstraZeneca made an offer for Rhythm, according to sources.
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10:20:54 PM UTC
SquawkNews
UPDATE 3-AstraZeneca made $10 billion offer for obesity drugmaker Rhythm, sources say Updates throug
10:21:15 PM UTC
SquawkNews
Shares of Rhythm Pharmaceuticals (RYTM) closed up 28% on Wednesday, clocking its best day since July 2025, following reports that U.K-based pharma giant AstraZeneca had submitted a roughly $10 billion takeover proposal for it.According to a report from The Wall Street Journal, citing people familia…