other material
confidence high
sentiment positive
materiality 0.65
NewAmsterdam Pharma Q3 net loss $16.6M; Phase 3 TANDEM topline expected Q4 2024
NewAmsterdam Pharma Co N.V.
- Cash $422.7M as of Sep 30, 2024, up from $340.5M at Dec 31, 2023.
- Revenue $29.1M in Q3 2024 from Menarini milestone; net loss $16.6M vs $47.1M in Q3 2023.
- Phase 3 TANDEM topline data now expected in Q4 2024 due to faster enrollment.
- On track for BROADWAY topline data in Q4 2024; BROOKLYN data at AHA Nov 16-18.