tiprankstipranks
NewAmsterdam Pharma Achieves Key Milestones in 2024
Company Announcements

NewAmsterdam Pharma Achieves Key Milestones in 2024

Story Highlights

Stay Ahead of the Market:

NewAmsterdam Pharma Company ( (NAMS) ) has provided an announcement.

NewAmsterdam Pharma reported significant achievements in 2024 with positive results from three pivotal Phase 3 trials for obicetrapib, aimed at lowering LDL-C and reducing cardiovascular risks. The company plans to further advance its clinical trials in 2025 and focus on commercial readiness for potential launches in the U.S. and Europe, supported by a strong financial position.

More about NewAmsterdam Pharma Company

NewAmsterdam Pharma Company N.V. is a late-stage clinical biopharmaceutical company focused on developing oral, non-statin medicines for patients with cardiovascular diseases who have elevated LDL-C levels and for whom existing therapies are ineffective or not well tolerated. The company is advancing obicetrapib, a CETP inhibitor, as a preferred LDL-C lowering therapy, either alone or in combination with ezetimibe.

YTD Price Performance: -1.58%

Average Trading Volume: 784,405

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.73B

Learn more about NAMS stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App