NewAmsterdam Pharma reports Q3 revenue of $0.3 million and cash position of $756 million

Reuters11-05

NewAmsterdam Pharma reports Q3 revenue of $0.3 million and cash position of $756 million

NewAmsterdam Pharma Company NV reported revenue of $0.3 million for the quarter ended September 30, 2025, compared to $29.1 million in the same period in 2024. The decrease was mainly due to the recognition of $27.3 million in milestone revenue from a license agreement with Menarini in the third quarter of 2024, while no comparable milestones were earned in the third quarter of 2025. The company held $756.0 million in cash, cash equivalents, and marketable securities as of September 30, 2025, down from $834.2 million at December 31, 2024, primarily reflecting ongoing operating expenditures. During the period, the European Medicines Agency accepted for review the marketing authorization applications for obicetrapib and a fixed-dose combination of obicetrapib plus ezetimibe, supported by Phase 3 trial data.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewAmsterdam Pharma Company NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568822-en) on November 05, 2025, and is solely responsible for the information contained therein.

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