<SEC-DOCUMENT>0001410578-17-000196.txt : 20171102
<SEC-HEADER>0001410578-17-000196.hdr.sgml : 20171102
<ACCEPTANCE-DATETIME>20170523215244
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001410578-17-000196
CONFORMED SUBMISSION TYPE:	DRSLTR
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20170523

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RHYTHM PHARMACEUTICALS, INC.
		CENTRAL INDEX KEY:			0001649904
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				462159271
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DRSLTR

	BUSINESS ADDRESS:	
		STREET 1:		500 BOYLSTON STREET
		STREET 2:		11TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
		BUSINESS PHONE:		857-264-4280

	MAIL ADDRESS:	
		STREET 1:		500 BOYLSTON STREET
		STREET 2:		11TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RHYTHM METABOLIC, INC.
		DATE OF NAME CHANGE:	20150803
</SEC-HEADER>
<DOCUMENT>
<TYPE>DRSLTR
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>


<html>
<head>




  </head>
<body link=blue lang="EN-US">
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="50%" style="padding:0in 0in 0in 0in;width:50.0%;">
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman"><img width="204" height="32" src="g208426bgi001.jpg"></font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Morgan,   Lewis&nbsp;&amp; Bockius LLP</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">One   Federal Street</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Boston,   MA 02110-1726</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Tel.   +1.617.341.7700</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fax:   +1.617.341.7701</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">www.morganlewis.com</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">May&nbsp;23, 2017</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">VIA EDGAR AND OVERNIGHT DELIVERY</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">U.S. Securities and Exchange Commission<br> Division of Corporation Finance<br> 101 F Street, NE<br> Washington, DC 20549<br> Attention: Suzanne Hayes</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Re:</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Rhythm Pharmaceuticals,&nbsp;Inc.<br> Amendment No.&nbsp;3 to Draft Registration Statement on Form&nbsp;S-1<br> Confidentially Submitted October&nbsp;13, 2015<br> SEC File No.&nbsp;377-01174</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ladies and Gentlemen:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On behalf of Rhythm Pharmaceuticals,&nbsp;Inc. (the &#147;Company&#148;), we submit this letter and the following information in response to comments from the staff (the &#147;Staff&#148;) of the Securities and Exchange Commission (the &#147;Commission&#148;) received by letter dated May&nbsp;2, 2016, relating to the Company&#146;s Amendment No.&nbsp;2 to the Draft Registration Statement on Form&nbsp;S-1 (SEC File No.&nbsp;377-01174) confidentially submitted to the Commission on April&nbsp;6, 2016 (&#147;DRS Amendment No.&nbsp;2&#148;).</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">On behalf of the Company, we are concurrently confidentially submitting to the Commission Amendment No.&nbsp;3 to the Company&#146;s Draft Registration Statement on Form&nbsp;S-1 (the &#147;DRS Amendment No.&nbsp;3&#148;). We are providing to the Staff, by overnight delivery, a package containing copies of this letter and DRS Amendment No.&nbsp;3, including versions that are marked</font>  </font>to show changes from the DRS Amendment No.&nbsp;2.</p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For the convenience of the Staff, the numbered paragraphs below correspond to the numbered comments in the Staff&#146;s letter.&#160; The Staff&#146;s comments are presented in italics and are </font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Almaty&#160;&#160; Astana&#160;&#160; Beijing&#160;&#160; Boston&#160;&#160; Brussels&#160;&#160; Chicago&#160;&#160; Dallas&#160;&#160; Dubai&#160;&#160; Frankfurt&#160;&#160; Hartford&#160;&#160; Houston&#160;&#160; London&#160;&#160; Los Angeles&#160;&#160; Miami&#160;&#160; Moscow&#160;&#160; New York<br> Orange County&#160;&#160; Paris&#160;&#160; Philadelphia&#160;&#160; Pittsburgh&#160;&#160; Princeton&#160;&#160; San Francisco&#160;&#160; Santa Monica&#160;&#160; Silicon Valley&#160;&#160; Singapore&#160;&#160; Tokyo&#160;&#160; Washington&#160;&#160; Wilmington</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\105192\15-20842-6\task8446342\20842-6-bg.htm',USER='105192',CD='May 24 06:46 2017' -->

<br clear="all" style="page-break-before:always;">
<div style="font-family:Times New Roman;">
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">U.S. Securities and Exchange Commission</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">May 23, 2017</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Page 2</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">followed by the Company&#146;s response. Except as otherwise specifically indicated, page&nbsp;references herein are to pages&nbsp;of DRS Amendment No.&nbsp;3.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Business</font></u></p>
<p style="margin:0in 0in .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Licensing Agreements, page&nbsp;103</font></u></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>In your description of the license agreement you entered into with Camurus AB, please include the duration and termination provisions of the agreement, as well as the amount of the upfront payment you made</i><i>.</i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Response</font></u>: In response to the Staff&#146;s comment, the Company has amended its disclosure on page&nbsp;133.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Please contact me at (617) 951-8901 or Keith Gottesdiener, Chief Executive Officer at the Company, at (857) 264-4280 with any questions or further comments regarding this letter or the Amendment.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Sincerely,</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="50%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/   Julio E. Vega</font></p>    </td>
<td width="50%" valign="top" style="padding:0in 0in 0in 0in;width:50.0%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Julio E. Vega</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;">
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">cc:</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Christian   Windsor, U.S. Securities and Exchange Commission</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">James   Peklenk, U.S. Securities and Exchange Commission</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Joel   Parker, U.S. Securities and Exchange Commission</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Scot   Foley, U.S. Securities and Exchange Commission</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Keith   Gottesdiener, Rhythm Pharmaceuticals,&nbsp;Inc.</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Bart   Henderson, Rhythm Pharmaceuticals,&nbsp;Inc.</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Laurie   A. Cerveny, Morgan, Lewis&nbsp;&amp; Bockius LLP</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Cindy   C. Kung, Morgan, Lewis&nbsp;&amp; Bockius LLP</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Zachary   E. Zemlin, Morgan, Lewis&nbsp;&amp; Bockius LLP</font></p>    </td>   </tr>
<tr>
<td width="5%" valign="top" style="padding:0in 0in 0in 0in;width:5.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="94%" valign="top" style="padding:0in 0in 0in 0in;width:94.92%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jacquelyn   E. Burke, Morgan, Lewis&nbsp;&amp; Bockius LLP</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\105192\15-20842-6\task8446342\20842-6-bg.htm',USER='105192',CD='May 24 06:46 2017' -->

</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g208426bgi001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g208426bgi001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1"  @ ,P# 2(  A$! Q$!_\0
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=UV\\WS?M5]#:11W$F_\ BW2JYW=\Y[UZ)10!_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
