NewAmsterdam Pharma Appoints Janneke van der Kamp to its Board of Directors
03 April 2023 - 2:00PM
NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS or “NewAmsterdam
Pharma” or the “Company”), a clinical-stage company focused on the
research and development of transformative oral therapies for major
cardiometabolic diseases, today announced the appointment of
Janneke van der Kamp as an independent director to its Board of
Directors. Ms. van der Kamp is an established pharmaceutical
leader, with two decades of experience launching and growing key
brands across several therapeutic areas, including cardiovascular
disease.
“We are delighted to welcome Janneke to our Board of Directors
as we rapidly advance our registration-enabling clinical trials of
obicetrapib and prepare for key clinical and regulatory milestones
in the years ahead,” said Michael Davidson, M.D., Ph.D., Chief
Executive Officer of NewAmsterdam Pharma. “Janneke has a proven
track record of building diverse, efficient commercial
organizations and successfully launching industry-leading brands in
cardiovascular disease and beyond. We look forward to her many
insights we as we begin architecting a commercial strategy for
obicetrapib and prepare for our first regulatory filings.”
Ms. van der Kamp currently serves as Chief Commercial Officer
and member of the Executive Board of Grünenthal, a global leader in
pain management, where she is responsible for global commercial
strategy and execution. Prior to joining Grünenthal, Ms. van der
Kamp spent two decades in roles of increasing responsibility at
Novartis, ultimately serving on the Pharma Executive Committee as
Global Head of Product & Portfolio Strategy and then Head of
Pharma Region Europe. While at Novartis, Ms. van der Kamp supported
the launch of Novartis’ key cardiovascular disease medicines,
ENTRESTO® (sacubitril/valsartan) and LEQVIO® (inclisiran), as well
as the company’s efforts in immunology, dermatology, neuroscience,
ophthalmology, and respiratory disease. Ms. van der Kamp holds an
M.B.A. from INSEAD and an M.S. in Chemistry from Utrecht
University.
“I am thrilled to join NewAmsterdam’s Board of Directors,” said
Ms. van der Kamp. “While the treatment of cardiovascular disease
has evolved in recent years, there remains a high unmet need for
new therapies that can safely and more effectively lower
low-density lipoprotein cholesterol (“LDL-C") to reduce patients’
risk of experiencing a major adverse cardiovascular event. Based on
data to-date, I believe obicetrapib could offer a powerful option
to thousands of patients and providers. I look forward to working
with the NewAmsterdam board and team and leveraging my experience
in commercial strategy and execution to support NewAmsterdam in
preparing for the registration and potential launch of
obicetrapib.”
About NewAmsterdam
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 successful or well tolerated.
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 (“CVD”) patients. Results from
NewAmsterdam’s ROSE Phase 2b trial (presented at AHA Scientific
Sessions in 2021) included observations that patients receiving
obicetrapib 10 mg experienced a median reduction in LDL-C of 51%
versus baseline in patients on high-intensity statin therapy (vs. a
7% reduction in the placebo arm). In addition, topline results from
NewAmsterdam’s ROSE2 trial evaluating the combination of 10 mg
obicetrapib and 10 mg ezetimibe demonstrated a median reduction in
LDL-C levels of 59% versus baseline in patients on high-intensity
statin therapy (vs. a 6% reduction in the placebo arm). Based in
the Netherlands, NewAmsterdam recently completed a business
combination with Frazier Lifesciences Acquisition Corporation
(“FLAC”), a special purpose acquisition company sponsored by an
affiliate of Frazier Healthcare Partners. Proceeds from this
transaction were approximately $328 million, prior to deducting
transaction expenses. In June 2022, NewAmsterdam entered into an
exclusive licensing agreement with the Menarini Group for the
commercialization of obicetrapib in Europe, while retaining all
rights to commercialize obicetrapib, if approved, in the rest of
the world, as well as rights to develop certain forms of
obicetrapib for other diseases such as Alzheimer’s disease. For
more information, please visit: www.newamsterdampharma.com.
Forward-Looking StatementsCertain 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 cash runway, the therapeutic and
curative potential of the Company’s product candidate, the
Company’s clinical trials and the achievement or timing of
regulatory approvals. 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 relating
to the uncertainty of the projected financial information with
respect to the Company; risks related to the approval of the
Company’s product candidate and the timing of expected regulatory
and business milestones; ability to negotiate definitive
contractual arrangements with potential customers; the impact of
competitive product candidates; ability to obtain sufficient supply
of materials; the impact of COVID-19; 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 “Risk Factors” section of the Company’s
registration statement on Form F-1, as amended (File No.
333-268888) and other documents filed from time to time. 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 will 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.
Media Contact
Spectrum Science on behalf of NewAmsterdamBryan BlatsteinP:
917-714-2609bblatstein@spectrumscience.com
Investor Contact
Stern Investor Relations on behalf of NewAmsterdamHannah
DeresiewiczP: 1 212-362-1200hannah.deresiewicz@sternir.com
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