Verastem, Inc.
VSTMNASDAQHealthcareBiotechnology

About Verastem

Verastem, Inc., a development-stage biopharmaceutical company, focuses on developing and commercializing drugs for the treatment of cancer in the United States. Its product candidates are Avutometinib, an orally available small molecule RAF/MEK clamp that inhibits the ras sarcoma RAF/MEK, ERK mitogen activated pathway kinase pathway which is involved in cell proliferation, migration, transformation, and survival of tumor cells; and Defactinib, an oral small molecule inhibitor of FAK and proline-rich tyrosine kinase for various solid tumors. The company is involved in clinical studies, including RAMP 301, a randomized global confirmatory trial to evaluate the combination of Avutometinib and Defactinib for the treatment of patients with recurrent low-grade serous ovarian cancer; RAMP 201, an adaptive two-part multicenter, parallel cohort, randomized open label trial to evaluate the efficacy and safety of Avutometinib and in combination with Defactinib; and FRAME, an investigation of Avutometinib and Defactinib in patients with KRAS mutant cancers and subsequent analyses; and RAMP 204 and 205. It has license agreements with Chugai Pharmaceutical Co., Ltd. for the development, commercialization, and manufacture of products containing Avutometinib; and Pfizer Inc. to research, develop, manufacture, and commercialize products containing Pfizer’s inhibitors of FAK for therapeutic, diagnostic, and prophylactic uses in humans. In addition, it has a clinical collaboration agreement with Amgen, Inc. to evaluate the combination of Avutometinib with Amgen’s KRAS-G12C inhibitor LUMAKRAS which in Phase 1/2 trial entitled RAMP 203; and a discovery and development collaboration with GenFleet Therapeutics to advance new programs targeting RAS pathway-driven cancers. Verastem, Inc. was incorporated in 2010 and is headquartered in Needham, Massachusetts.

Company Information

CEODaniel Paterson
Founded2010
IPO DateJanuary 27, 2012
Employees78
CountryUnited States
Fiscal YearJanuary - December

Stock Details

ExchangeNASDAQ (NASDAQ)
CurrencyUSD - USD
TypeStock
SubtypeCommon Stock

Contact Information

Phone781 292 4200
Address
117 Kendrick Street, Suite 500 Needham, Massachusetts 02494 United States

Corporate Identifiers

CIK0001526119
CUSIP92337C104
ISINUS92337C2035
EIN27-3269467
SIC2834

Leadership Team & Key Executives

Daniel W. Paterson
President, Chief Executive Officer and Director
Daniel Calkins
Chief Financial Officer
Dr. Michael Glen Kauffman M.D., Ph.D.
President of Development and Director
Dr. Robert A. Weinberg Ph.D.
Co-Founder and Chair of Scientific Advisory Board
Dr. Michelle Detwiler M.D., Ph.D.
Co-Founder
Dr. Jonathan Pachter Ph.D.
Chief Scientific Officer
Julissa Viana
Vice President of Corporate Communications and Investor Relations