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Biotech Bleeds Out After Cholesterol Drug Outperforms

By Investor's Business Daily   |   Nov 20, 2024 at 09:13 AM EST
Biotech Bleeds Out After Cholesterol Drug Outperforms

Shares of NewAmsterdam Pharma (NAMS) plunged as the company announced its cholesterol treatment reduced LDL levels by 52.2% in a recent study. The combination of obicetrapib and ezetimibe outperformed the placebo by 48.6%.

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