Verastem Inc

NASDAQ VSTM

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Verastem Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2024

Verastem Inc Pre-Tax Margin is NA for the Trailing 12 Months (TTM) ending March 31, 2024. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.
  • Verastem Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2023 was -648.92%, a 99.65% change year over year.
  • Verastem Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2022 was -186,713.55%, a -13,507.03% change year over year.
  • Verastem Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2021 was -1,372.18%, a -87.98% change year over year.
  • Verastem Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2020 was -729.95%, a -0.36% 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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