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NewAmsterdam reports 2022 EPS (EUR 0.96) vs. (EUR 1.19) last year
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NewAmsterdam reports 2022 EPS (EUR 0.96) vs. (EUR 1.19) last year

Reports 2022 revenue EUR 98M vs. EUR 0 last year. "2022 was a transformative year for NewAmsterdam, and we are thrilled to have achieved significant corporate and clinical milestones that have propelled our company forward. From securing a major pharmaceutical partner to support potential commercialization efforts in Europe, to going public through a successful deSPAC and concurrent oversubscribed PIPE financing, we have fortified our position as a leader in the cardiometabolic space," said Michael Davidson, M.D., Chief Executive Officer of NewAmsterdam. "Our positive topline data readout in the ROSE2 Phase 2 clinical trial, the initiation of a Phase 2 dose-finding study in Japanese patients, and the advancement of our three pivotal Phase 3 BROOKLYN, BROADWAY and PREVAIL trials underscore our commitment to developing innovative treatments for patients worldwide. With the capital we believe is needed to support our clinical operations through completion of these pivotal trials, we are confident in our ability to unlock the full potential of obicetrapib and deliver value to the millions of people in need of an effective and convenient LDL-C lowering therapy."

Published first on TheFly

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