Verastem, Inc. (LON:0LOV)
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9.52
-0.07 (-0.74%)
At close: Sep 12, 2025

Verastem Company 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.

Verastem, Inc.
CountryUnited States
Founded2010
IndustryMedical - Pharmaceuticals
SectorHealthcare
Employees78
CEODaniel Paterson

Contact Details

Address:
117 Kendrick Street
Needham, Delaware 02494
United States
Phone781 292 4200
Websiteverastem.com

Stock Details

Ticker Symbol0LOV
ExchangeLondon Stock Exchange
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
ISIN NumberUS92337C2035
SIC Code2836

Key Executives

NamePosition
Daniel PatersonChief Executive Officer
Daniel CalkinsChief Financial Officer
Matthew RosChief Operating Officer
Julissa VianaHead of Investor Relations