NewAmsterdam Pharma to Present at the SVB Securities Global BioPharma Conference
February 09 2023 - 8:00AM
NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS or “NewAmsterdam
Pharma” or the “Company”), a clinical-stage company focused on the
research and development of transformative oral therapies for major
cardiometabolic diseases, today announced that Michael Davidson,
M.D., chief executive officer of NewAmsterdam Pharma, will present
at SVB Securities Global Biopharma Conference on Thursday, February
16, 2023 at 1:00 p.m. ET.
A live webcast of the presentation will be available through the
investor relations section of the NewAmsterdam Pharma website at
ir.newamsterdampharma.com. Following the live webcast, an archived
replay will be available on the Company’s website.
About NewAmsterdam
NewAmsterdam (Nasdaq: NAMS) is a clinical-stage
biopharmaceutical company whose mission is to improve patient care
in populations with metabolic diseases where currently approved
therapies have not been sufficiently successful or well tolerated.
NewAmsterdam is investigating obicetrapib, an oral, low-dose and
once-daily CETP inhibitor, as the preferred LDL-C lowering therapy
to be used as an adjunct to maximally tolerated statin therapy for
high-risk cardiovascular disease (“CVD”) patients. Results from
NewAmsterdam’s ROSE Phase 2b trial (presented at AHA Scientific
Sessions in 2021) included observations that patients receiving
obicetrapib 10 mg experienced a median reduction in LDL-C of 51%
versus baseline in patients on high-intensity statin therapy (vs. a
7% reduction in the placebo arm). Based in the Netherlands,
NewAmsterdam recently completed a business combination with Frazier
Lifesciences Acquisition Corporation (“FLAC”), a special purpose
acquisition company sponsored by an affiliate of Frazier Healthcare
Partners. Proceeds from this transaction were approximately $328
million, prior to deducting transaction expenses, comprising
approximately $93 million in funds from the former FLAC trust
account and approximately $235 million from the concurrent,
oversubscribed PIPE financing, which was co-led by Frazier
Healthcare Partners and Bain Capital Life Sciences and included
leading institutional investors. In June 2022, NewAmsterdam entered
into an exclusive licensing agreement with the Menarini Group for
the commercialization of obicetrapib in Europe, while retaining all
rights to commercialize obicetrapib, if approved, in the rest of
the world, as well as rights to develop certain forms of
obicetrapib for other diseases such as Alzheimer’s disease. For
more information, please visit: www.newamsterdampharma.com.
Media Contact Spectrum Science on behalf
of NewAmsterdam Carmen Lopez P: 1 773-306-6285
clopez@spectrumscience.com
Investor Contact Stern Investor Relations
on behalf of NewAmsterdam Hannah Deresiewicz P: 1 212-362-1200
hannah.deresiewicz@sternir.com
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