Verastem, Inc. (LON: 0LOV)
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Jan 22, 2025, 7:08 PM BST

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.
Country United States
Founded 2010
Industry Medical - Pharmaceuticals
Sector Healthcare
Employees 73
CEO Daniel Paterson

Contact Details

Address:
117 Kendrick Street
Needham, Delaware 02494
United States
Phone 781 292 4200
Website verastem.com

Stock Details

Ticker Symbol 0LOV
Exchange London Stock Exchange
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
ISIN Number US92337C2035
SIC Code 2836

Key Executives

Name Position
Daniel Paterson Chief Executive Officer
Daniel Calkins Chief Financial Officer
Matthew Ros Chief Operating Officer