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Verastem, Inc. - $VSTM STOCK NEWS

Welcome to our dedicated page for Verastem news (Ticker: $VSTM), a resource for investors and traders seeking the latest updates and insights on Verastem stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Verastem's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Verastem's position in the market.

Rhea-AI Summary

Verastem Oncology reported positive business updates, including FDA Fast Track Designations for multiple combination therapies in cancer treatment and plans for upcoming clinical data presentations. Financially, the company ended the first quarter of 2024 with $110.1 million in cash, but reported an increased net loss compared to the same period in 2023.

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Verastem Oncology (VSTM) will present at the RBC Capital Markets Global Healthcare Conference, demonstrating commitment to advancing cancer treatments. The management team will participate in a fireside chat on May 14, 2024. The webcast can be accessed on the company's website.

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Rhea-AI Summary
Verastem Oncology appoints Dr. John Hayslip as Chief Medical Officer, bringing extensive oncology expertise to lead clinical programs and advance pipeline assets focused on RAS/MAPK pathway-driven cancers. Dr. Hayslip's appointment follows the departure of Louis J. Denis, M.D. The company aims to submit a rolling NDA for the avutometinib and defactinib combination in low-grade serous ovarian cancer in the first half of the year.
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GenFleet Therapeutics presents promising research findings on GFH375, a potent KRAS G12D inhibitor, at AACR Annual Meeting, with potential for treating KRAS G12D mutant cancers including brain metastases.
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Verastem Oncology (VSTM) grants stock options to new employees as an inducement material to their employment. The options allow the purchase of 35,000 shares at $11.73 per share, vesting over four years.
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-5.43%
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SGO 2024 findings reveal significant concerns among respondents regarding life expectancy, treatment side effects, and emotional well-being.
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Verastem Oncology (VSTM) reports progress in developing combination therapies for cancer, including Phase 3 trials and FDA Fast Track designation. Financial results for Q4 2023 and full year released.
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4.76%
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Verastem Oncology (Nasdaq: VSTM) presented multiple oral and poster presentations at the SGO 2024 Annual Meeting on Women’s Cancer. The presentations included a late-breaking oral presentation of avutometinib and defactinib combination data from the RAMP 201 Part A trial in heavily pretreated patients with low-grade serous ovarian cancer.
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-1.12%
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Verastem Oncology receives FDA Orphan Drug Designation for avutometinib and defactinib in recurrent low-grade serous ovarian cancer, aiming for Accelerated Approval in 2024. The company is addressing a rare cancer with no approved treatments, impacting a significant patient population.
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2.34%
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Verastem Oncology announces promising preclinical data on GFH375 (VS-7375) and avutometinib-FAK inhibitor combination for pancreatic and colorectal cancer treatment. Partner GenFleet to submit IND in H1 2024. Key presentations at AACR Annual Meeting 2024.
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Verastem, Inc.

Nasdaq:VSTM

VSTM Rankings

VSTM Stock Data

301.67M
13.68M
0.55%
66.74%
2.51%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
NEEDHAM

About VSTM

verastem, inc. (nasdaq: vstm) is a biopharmaceutical company focused on discovering and developing novel drugs that selectively target cancer stem cells. cancer stem cells are an underlying cause of tumor recurrence and metastasis. verastem is translating breakthrough discoveries in cancer stem cell research into new medicines for the treatment of major cancers such as breast cancer. for more information, please visit www.versatem.com