Verastem Inc

NASDAQ VSTM

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Verastem Inc Market Capitalization on June 03, 2024: USD 99.78 M

Verastem Inc Market Capitalization is USD 99.78 M on June 03, 2024, a -50.49% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Verastem Inc 52-week high Market Capitalization is USD 355.52 M on February 06, 2024, which is 256.30% above the current Market Capitalization.
  • Verastem Inc 52-week low Market Capitalization is USD 99.78 M on June 03, 2024, which is 0.00% below the current Market Capitalization.
  • Verastem Inc average Market Capitalization for the last 52 weeks is USD 235.57 M.
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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