NewAmsterdam Pharma Announces Appointment of William “BJ” Jones, formerly of Biohaven Pharmaceuticals, as Chief Commercial Officer
August 14 2023 - 4:01PM
NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS or “NewAmsterdam” or
the “Company”), a clinical-stage biopharmaceutical company
developing oral, non-statin medicines for patients at high risk of
cardiovascular disease with residual elevation of low-density
lipoprotein cholesterol (“LDL-C”), for whom existing therapies are
not sufficiently effective or well-tolerated, today announced the
appointment of William “BJ” Jones as the Company’s first Chief
Commercial Officer (“CCO”), effective August 14, 2023. Mr. Jones
brings 30 years of commercial and launch experience in the U.S. and
globally, with particular experience in driving mass market product
launch strategies for industry-leading brands. At NewAmsterdam, he
will build and lead all commercial functions, including marketing,
market access, sales, medical science engagement and commercial
operations.
“We are delighted to welcome BJ to our team. With
obicetrapib progressing through pivotal Phase 3 development, now is
the right time to begin building a powerful commercial
organization, with the potential to deliver our oral, low-dose,
once-daily CETP inhibitor, if approved, to the millions of
dyslipidemia patients globally in need of better options,” said Dr.
Michael Davidson, M.D., President & Chief Executive Officer.
“BJ is an exceptional leader with a proven track record of building
commercial organizations, developing strategic and creative
go-to-market strategies, and launching industry-leading products in
mass markets, including in the cardiovascular disease space. We
believe BJ’s expertise uniquely complements our existing team, and
we look forward to his leadership as we mature NewAmsterdam into a
fully integrated company and work to ultimately deliver on the
promise of CETP inhibition to address major unmet needs across
cardiometabolic diseases.”
Mr. Jones joins NewAmsterdam with three decades of
commercial and launch experience in both large pharmaceutical and
small biotech companies. Most recently, he served as CCO, Migraine
& Common Diseases at Biohaven Pharmaceuticals, which was
acquired by Pfizer for $11.6B. During his tenure, Mr. Jones led the
commercial enterprise that launched Biohaven’s Nurtec® ODT. Earlier
in his career, Mr. Jones held leadership roles of increasing
responsibility at Takeda Pharmaceuticals, AstraZeneca,
Bristol-Myers Squibb, Boehringer Ingelheim and NitroMed, during
which time he supported mass market product launches for notable
brands including Excedrin Migraine®, Farxiga®, Pradaxa®, BiDil®,
and Abilify®. Mr. Jones is a graduate of the United Air Force
Academy and attained the rank of Major through his active duty and
reserve service. He holds an M.B.A from Stanford Graduate School of
Business and an M.S. in Industrial Engineering from Texas A&M
University.
“I am excited to be a part of NewAmsterdam Pharma,
a company that I believe is uniquely positioned in the quest to
alleviate the impact of the world's leading cause of
mortality—cardiovascular disease. Based on data reported to-date, I
believe obicetrapib, if approved, has the potential to solve a
substantial challenge in cardiovascular disease, helping many more
patients achieve their risk-based LDL-C goals, while positively
impacting a number of other lipid and lipoprotein parameters
associated with cardiovascular disease risk,” said Mr. Jones. “I
look forward to leveraging my experience to build NewAmsterdam’s
commercial team and operations and to partnering with the
management team to unlock obicetrapib’s value as a potentially safe
and effective oral therapy that could change the treatment paradigm
for patients worldwide.”
About NewAmsterdam
Based in the Netherlands, 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
adequate or well tolerated. We seek to fill a significant unmet
need for a safe, cost-effective
and convenient LDL-lowering therapy as an adjunct to
statins, a class of lipid-lowering medications that are the current
standard of care for high-risk CVD patients with high
cholesterol. 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
patients.
Forward-Looking Statements
Certain statements included in this document that
are not historical facts are forward-looking statements for
purposes of the safe harbor provisions under the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as “believe,”
“may,” “will,” “estimate,” “continue,” “anticipate,” “intend,”
“expect,” “should,” “would,” “plan,” “predict,” “potential,”
“seem,” “seek,” “future,” “outlook” and similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
include, but are not limited to, statements regarding the Company’s
business and strategic plans, the Company’s commercial opportunity,
the therapeutic and curative potential of the Company’s product
candidate, the Company’s clinical trials and the timing for
enrolling patients, the timing and forums for announcing data, the
achievement and timing of regulatory approvals, and plans for
commercialization. These statements are based on various
assumptions, whether or not identified in this document, and on the
current expectations of the Company’s management and are not
predictions of actual performance. These forward-looking statements
are provided for illustrative purposes only and are not intended to
serve as and must not be relied on as a guarantee, an assurance, a
prediction, or a definitive statement of fact or probability.
Actual events and circumstances are difficult or impossible to
predict and may differ from assumptions. Many actual events and
circumstances are beyond the control of the Company. These
forward-looking statements are subject to a number of risks and
uncertainties, including changes in domestic and foreign business,
market, financial, political, and legal conditions; risks related
to the approval of the Company’s product candidate and the timing
of expected regulatory and business milestones, including potential
commercialization; ability to negotiate definitive contractual
arrangements with potential customers; the impact of competitive
product candidates; ability to obtain sufficient supply of
materials; global economic and political conditions, including the
Russia-Ukraine conflict; the effects of competition on the
Company’s future business; and those factors described in the
Company’s public filings with the Securities Exchange Commission.
Additional risks related to the Company’s business include, but are
not limited to: uncertainty regarding outcomes of the Company’s
ongoing clinical trials, particularly as they relate to regulatory
review and potential approval for its product candidate; risks
associated with the Company’s efforts to commercialize a product
candidate; the Company’s ability to negotiate and enter into
definitive agreements on favorable terms, if at all; the impact of
competing product candidates on the Company’s business;
intellectual property related claims; the Company’s ability to
attract and retain qualified personnel; ability to continue to
source the raw materials for its product candidate. If any of these
risks materialize or the Company’s assumptions prove incorrect,
actual results could differ materially from the results implied by
these forward-looking statements. There may be additional risks
that the Company does not presently know or that the Company
currently believes are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect the
Company’s expectations, plans, or forecasts of future events and
views as of the date of this document and are qualified in their
entirety by reference to the cautionary statements herein. The
Company anticipates that subsequent events and developments may
cause the Company’s assessments to change. These forward-looking
statements should not be relied upon as representing the Company’s
assessment as of any date subsequent to the date of this
communication. Accordingly, undue reliance should not be placed
upon the forward-looking statements. Neither the Company nor any of
its affiliates undertakes any obligation to update these
forward-looking statements, except as may be required by law.
Company Contact
Matthew
Philippematthew.philippe@newamsterdampharma.com
Media Contact
Spectrum Science on behalf of NewAmsterdamJenn
GordonP: 1-202-957-7795jgordon@spectrumscience.com
Investor Contact
Stern Investor Relations on behalf of
NewAmsterdamHannah DeresiewiczP: 1
212-362-1200hannah.deresiewicz@sternir.com
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