Some of the biggest names in biopharma took their best shot at cholesteryl ethyl transfer protein (CETP) inhibition to reduce LDL cholesterol and the risk of cardiovascular disease a decade ago or more, but privately held NewAmsterdam Pharma BV thinks it can get to the finish line with a candidate licensed from Amgen, Inc. On 28 June, the biotech got €142.5m (about $151m) up front from Menarini Group in exchange for EU commercial rights to the Phase III CETP inhibitor obicetrapib.
When Merck & Co., Inc. ended development of its CETP inhibitor, anacetrapib, despite success in a 30,000-plus patient cardiovascular outcomes trial in 2017, many industry observers thought that would be the final blow for the class after high-profile and expensive failures at Pfizer Inc., Roche Holding AG and Eli Lilly and Company. (Also see "Merck, Lilly Vow To Press On With CETP, Despite Dalcetrapib Disaster" - Pink Sheet, 7 May, 2012
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