NewAmsterdam Pharma

NewAmsterdam Pharma

NAMS
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Private Company

Total funding raised: $346M

Market Cap: $3.7BFounded: 2019HQ: Naarden, Netherlands

Overview

NewAmsterdam Pharma's mission is to develop innovative oral therapies for cardiovascular and lipid-related diseases, targeting the large population of patients failing to achieve LDL-C goals. Its core achievement is the late-stage development of obicetrapib, a CETP inhibitor with compelling Phase 3 efficacy and safety data, supported by over $1.2 billion in total capital raised. The company's strategy involves securing regulatory approval, preparing for a U.S. launch, and leveraging ex-U.S. partnerships like the one with Menarini Group to maximize global commercial potential.

Cardiovascular DiseaseDyslipidemiaAlzheimer's Disease

Technology Platform

Focused on the development of next-generation, oral cholesteryl ester transfer protein (CETP) inhibitors, a mechanism validated by human genetic data linking CETP loss-of-function to reduced cardiovascular risk.

Funding History

2
Total raised:$346M
Series B$150M
Series A$196M

Opportunities

The primary opportunity lies in addressing the multi-million patient gap in achieving LDL-C goals with a potent, convenient oral therapy.
Positive data from the PREVAIL outcomes trial and exploration in Alzheimer's disease could significantly expand the market and solidify the drug's value proposition.

Risk Factors

Key risks include failure of the PREVAIL cardiovascular outcomes trial, intense commercial competition from oral PCSK9 inhibitors, and execution challenges in building a U.S.
sales force and securing favorable reimbursement.
The company's value is also concentrated in a single asset.

Competitive Landscape

Competes directly with oral PCSK9 inhibitors (e.g., Merck's MK-0616), injectable PCSK9 mAbs, bempedoic acid, and other lipid-lowering agents. Differentiation is based on obicetrapib's potent oral efficacy, genetics-validated mechanism, and clean safety profile from late-stage trials.

Company Timeline

2019Founded

Founded in Naarden, Netherlands

2020Series A

Series A: $196.0M

2022Series B

Series B: $150.0M