Welcome to our dedicated page for NewAmsterdam Pharma Company N.V news (Ticker: NAMS), a resource for investors and traders seeking the latest updates and insights on NewAmsterdam Pharma Company N.V stock.
NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS) is a late-stage clinical biopharmaceutical company developing oral, non-statin medicines for patients at risk of cardiovascular disease (CVD) with elevated LDL-C. News about NewAmsterdam frequently centers on the clinical and regulatory progress of its lead investigational CETP inhibitor, obicetrapib, and related fixed-dose combination programs with ezetimibe.
Investors and clinicians following NAMS news can expect regular updates on NewAmsterdam’s Phase 3 development program, including the PREVAIL cardiovascular outcomes trial in patients with a history of atherosclerotic cardiovascular disease, the REMBRANDT imaging trial evaluating effects on coronary plaque and inflammation, and the RUBENS trial in patients with type 2 diabetes or metabolic syndrome who require additional LDL-C lowering. Press releases also cover pooled efficacy and safety data from pivotal trials such as BROOKLYN, BROADWAY and TANDEM, as presented at major cardiology and neurology conferences and in peer-reviewed journals.
Company news additionally includes regulatory milestones, such as acceptance of marketing authorization applications for obicetrapib monotherapy and obicetrapib plus ezetimibe fixed-dose combination by the European Medicines Agency, as well as partnership activities with the Menarini Group in Europe and collaborations like the REMBRANDT imaging partnership with Caristo Diagnostics. Corporate updates on financial results, cash position, and equity-based inducement grants under Nasdaq Listing Rule 5635(c)(4) are also disclosed through press releases and SEC filings.
By monitoring NewAmsterdam Pharma news, readers can follow the evolution of obicetrapib’s clinical evidence in LDL-C lowering, cardiovascular outcomes, coronary plaque imaging and Alzheimer’s disease biomarkers, along with the company’s progress toward potential commercialization pathways and ongoing engagement with the investment and medical communities.
NewAmsterdam Pharma Company N.V. (Nasdaq:NAMS) has appointed David Topper as Chief Financial Officer, effective January 1, 2023. Topper, who previously held leadership roles in capital markets, succeeds Louise Kooij, who becomes Chief Accounting Officer. The management team expressed confidence in Topper's expertise, particularly in navigating capital markets as NewAmsterdam advances obicetrapib, its key product for treating major cardiovascular diseases.
Founded in 2019, NewAmsterdam focuses on developing transformative therapies and has successfully completed a business combination in 2022.
NewAmsterdam Pharma Company N.V. completed its business combination with Frazier Lifesciences Acquisition Corporation on November 22, 2022. The transaction generated approximately $328 million in gross proceeds, including $235 million from an upsized private investment in public equity (PIPE). This financing is expected to extend the company's cash runway through 2026, covering pivotal Phase 3 trials for cardiovascular disease treatments. Trading under the new ticker symbols NAMS and NAMSW commenced on November 23, 2022.