By Colin Kellaher
NewAmsterdam Pharma on Wednesday said a late-stage study of its proposed cholesterol drug combination met its key goals, paving the way for the biopharmaceutical company to seek regulatory approval.
NewAmsterdam said the Phase 3 study of a fixed-dose combination of obicetrapib and ezetimibe met all co-primary endpoints in reduction in low-density lipoprotein cholesterol in adults with heterozygous familial hypercholesterolemia and/or atherosclerotic cardiovascular disease or related risk factors.
The Netherlands-based company said the study results will support global regulatory filings for combination in such adults whose LDL-C isn't adequately controlled despite being on maximally tolerated lipid-lowering therapy.
Trading in shares of NewAmsterdam, which closed Tuesday at $23.68, was halted premarket on Wednesday.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 20, 2024 07:35 ET (12:35 GMT)
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