NewAmsterdam Pharma Announces the Appointment of Juliette Audet as Chief Business Officer
April 01 2024 - 7:00AM
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 the
appointment of Juliette Audet as Chief Business Officer (“CBO”),
and her simultaneous resignation from the Company’s Board of
Directors, both effective April 1, 2024.
“We are privileged to welcome Juliette to our management team as
CBO,” said Michael Davidson, M.D., Chief Executive Officer of
NewAmsterdam. “Juliette has been a trusted advisor to NewAmsterdam
as an investor and member of our Board of Directors since 2020, and
brings a unique, multi-faceted perspective to her new role, in
addition to over a decade of experience in senior leadership roles
in the biopharmaceutical industry. We look forward to her continued
contributions as she transitions to her new role, and further
supports our efforts to mature into a global, commercial
organization.”
“I am thrilled to take on this new role among such an esteemed
team of pharmaceutical, business, science and medical leaders
committed to transforming the standard of care for people at
high-risk of cardiovascular disease,” said Ms. Audet. “I believe
NewAmsterdam is well positioned to achieve this mission in the
near-term, with two pivotal readouts for obicetrapib expected this
year, and progress ongoing to build a commercial organization that
can effectively bring this oral, low-dose, once-daily CETP
inhibitor, if approved, to millions of underserved patients
globally. I am eager to collaborate with my colleagues to deliver
tremendous value to patients and their families, as well as our
shareholders.”
Ms. Audet is a seasoned life sciences executive and investor
with extensive pharmaceutical business development, finance and
operational expertise. She was most recently a Partner at Forbion,
where she was part of the team that built NewAmsterdam Pharma, and
played a key role in out licensing obicetrapib, setting up
operations and recruiting the management team. Prior to joining
Forbion, Ms. Audet was a principal at the Novartis Venture Fund
based in Cambridge, MA. She also worked at Novartis AG for their
commercial division and at McKinsey and Company focusing on Pharma
and Biotech.
She earned her M.B.A. with distinction from Harvard Business
School and her M.Sc. in Physics from EPFL (Lausanne, Swiss Federal
Institute of Technology).
About NewAmsterdamNewAmsterdam (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 studies, NewAmsterdam is investigating obicetrapib, an
oral, low-dose and once-daily CETP inhibitor, alone or as a
fixed-dose combination with ezetimibe, as preferred 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.
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 business and strategic plans,
the Company’s commercial opportunity, the therapeutic and curative
potential of the Company’s product candidate, the Company’s
clinical trials and the timing for enrolling patients, the timing
and forums for announcing data, the achievement and timing of
regulatory approvals, and plans for commercialization. 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 related to the approval of the Company’s
product candidate and the timing of expected regulatory and
business milestones, including potential commercialization; ability
to negotiate definitive contractual arrangements with potential
customers; the impact of competitive product candidates; ability to
obtain sufficient supply of materials; global economic and
political conditions, including the Russia-Ukraine and Israel-Hamas
conflict; the effects of competition on the Company’s future
business; and those factors described in the Company’s public
filings with the Securities Exchange Commission. 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 may 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.
Company ContactMatthew Philippe, Executive Vice
President and Head of Investor
Relationsmatthew.philippe@newamsterdampharma.com
Media ContactSpectrum Science on behalf of
NewAmsterdamJenn GordonP:
1-202-957-7795jgordon@spectrumscience.com
Investor ContactStern Investor Relations on
behalf of NewAmsterdamHannah DeresiewiczP: 1
212-362-1200hannah.deresiewicz@sternir.com
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