Recent Updates
Recently added Catalysts
NAMS Positive Sentiment

NewAmsterdam Pharma to Present at Guggenheim’s SMID Cap Biotech Conference

Key Takeaway: NewAmsterdam Pharma Company N.V. announced that its CFO Ian Somaiya will participate in a fireside chat at the Guggenheim SMID Cap Biotech Conference on February 5, 2025. The company is focused on developing oral, non-statin medicines for patients at risk of cardiovascular disease with elevated LDL cholesterol. NewAmsterdam is currently investigating its drug, obicetrapib, in multiple phase 3 trials as a potential LDL-lowering therapy. A live webcast of the discussion will be available on the company's investor relations website.
Price reaction · baseline $21.45 (2025-01-28 close) · hit after-hours · clean, no other NAMS news in the window
day 0 close · peak
-3.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Participation in a significant biotech conference demonstrates visibility and engagement.
  • Focus on an unmet medical need may attract investor interest.
  • Ongoing phase 3 trials for LDL-lowering therapies indicate progress in drug development.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+30%
120-day peak, hindsight
Typical move
4.1%
average across 9 past catalysts
Cash runway
~51 mo
Minimal dilution risk
Lead asset
Obicetrapib
Phase 3 · Atherosclerotic Cardiovascular Disease

Full Press Release Details

NAARDEN, The Netherlands and MIAMI, Jan. 29, 2025 (GLOBE NEWSWIRE) -- NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS or “NewAmsterdam” or the “Company”), a late-stage, clinical biopharmaceutical company developing oral, non-statin medicines for patients at risk of cardiovascular disease (“CVD”) with elevated low-density lipoprotein cholesterol (“LDL-C”), for whom existing therapies are not sufficiently effective or well-tolerated, today announced that Ian Somaiya, Chief Financial Officer of NewAmsterdam Pharma, will participate in a fireside chat at the Guggenheim SMID Cap Biotech Conference on Wednesday, February 5, 2025 at 10:00 a.m. ET.
A live webcast of the fireside chat 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.
NewAmsterdam Pharma (Nasdaq: NAMS) is a late-stage biopharmaceutical company whose mission is to improve patient care in populations with metabolic diseases where currently approved therapies have not been adequate or well tolerated. We seek to fill a significant unmet need for a safe, well-tolerated and convenient LDL-lowering therapy. In multiple phase 3 trials, NewAmsterdam is investigating obicetrapib, an oral, low-dose and once-daily CETP inhibitor, alone or as a fixed-dose combination with ezetimibe, as LDL-C lowering therapies to be used as an adjunct to statin therapy for patients at risk of CVD with elevated LDL-C, for whom existing therapies are not sufficiently effective or well tolerated.
Spectrum Science on behalf of NewAmsterdam
Precision AQ on behalf of NewAmsterdam

Frequently Asked Questions

What is NewAmsterdam Pharma known for?

NewAmsterdam Pharma develops non-statin oral medicines for cardiovascular disease.

When is Ian Somaiya's fireside chat at the Guggenheim Conference?

The fireside chat is on February 5, 2025, at 10:00 a.m. ET.

How can I watch the fireside chat?

The chat can be watched via a live webcast on NewAmsterdam's investor relations site.

What is obicetrapib used for?

Obicetrapib is being studied as a low-dose CETP inhibitor for LDL-C lowering.

Who can benefit from NewAmsterdam's therapies?

Patients at risk of cardiovascular disease with elevated LDL-C and poor response to current therapies.

Last updated: Jan 29, 2025