Verastem Inc

NASDAQ VSTM

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Verastem Inc Cash and Short-Term Investments for the Trailing 12 Months (TTM) ending March 31, 2024: USD 111.16 M

Verastem Inc Cash and Short-Term Investments is USD 111.16 M for the Trailing 12 Months (TTM) ending March 31, 2024, a -0.04% change year over year. Cash and Short-Term Investments is the sum of cash and short-term investments, representing the company's liquid assets.
  • Verastem Inc Cash and Short-Term Investments for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 111.20 M, a 4.64% change year over year.
  • Verastem Inc Cash and Short-Term Investments for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 106.28 M, a -12.24% change year over year.
  • Verastem Inc Cash and Short-Term Investments for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 121.10 M, a -10.34% change year over year.
  • Verastem Inc Cash and Short-Term Investments for the Trailing 12 Months (TTM) ending March 31, 2020 was USD 135.06 M, a -36.19% change year over year.
NASDAQ: VSTM

Verastem Inc

CEO Mr. Brian M. Stuglik BPHARM, R.Ph., RPh
IPO Date Jan. 27, 2012
Location United States
Headquarters 117 Kendrick Street, Needham, MA, United States, 02494
Employees 73
Sector Healthcare
Industry Biotechnology
Description

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.

StockViz Staff

September 20, 2024

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