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Verastem, Inc. - VSTM STOCK NEWS

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Verastem, Inc. (NASDAQ: VSTM) is a pioneering biopharmaceutical company dedicated to discovering and developing innovative drugs that target cancer stem cells. These cells are a significant factor in tumor recurrence and metastasis, posing a substantial challenge in the treatment of various cancers. Verastem's mission is to translate groundbreaking cancer stem cell research into new medicines that address major cancers, including breast cancer.

The core focus of Verastem lies in advancing novel anticancer agents, particularly those inhibiting critical signaling pathways that promote cancer cell survival and tumor growth. This includes the development of RAF/MEK inhibitors and FAK inhibitors. These targeted therapies are designed to intercept the mechanisms that allow cancer cells to thrive and spread, offering hope for more effective treatments.

One of the company's notable projects involves the combination of avutometinib (a RAF/MEK clamp) and defactinib (a FAK inhibitor). This drug combination has shown promising results and has been granted breakthrough therapy designation for treating recurrent low-grade serous ovarian cancer (LGSOC), regardless of KRAS status, after one or more prior lines of therapy, including platinum-based chemotherapy.

Verastem has also entered into a strategic partnership with GenFleet Therapeutics, a clinical-stage biotechnology company. This collaboration aims to advance three oncology programs, with GFH375 being the first selected candidate. GFH375, an oral KRAS G12D inhibitor, targets both the

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Verastem Oncology (VSTM) reported plans to submit an application for accelerated approval for Avutometinib and Defactinib in Recurrent Low-Grade Serous Ovarian Cancer (LGSOC) in H1 2024. They also presented additional patient subgroup data showing promising levels of response in LGSOC, regardless of prior therapies. The company entered into a collaboration with GenFleet Therapeutics and reported financial results for Q3 2023.
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Verastem Oncology (Nasdaq: VSTM) announced the results of the first-ever LGSOC Patient Impact Survey, revealing the challenges faced by people living with low-grade serous ovarian cancer. The survey was developed through a global collaboration among patient advocacy groups and medical leaders to address the urgent needs of patients. LGSOC is a rare, highly recurrent ovarian cancer associated with slow but persistent tumor growth and a high mortality rate, relatively resistant to chemotherapy, with limited treatment options available.
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Verastem Oncology announced results of a subgroup analysis of the Phase 2 RAMP 201 trial, showing the combination of avutometinib and defactinib demonstrated robust efficacy in recurrent low-grade serous ovarian cancer (LGSOC) regardless of prior therapies. The analysis revealed consistent objective response rates (ORRs) in patients who received 1-3 lines of therapy (45.5%) and ≥4 lines of therapy (44.4%). The combination yielded an ORR of 43.5% in patients who had poor response to their last prior treatment. Safety profiles were similar across subgroups, and adverse events were mostly mild to moderate. Verastem Oncology plans to file for accelerated approval with the FDA and initiate a Phase 3 confirmatory trial of avutometinib and defactinib in LGSOC.
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Verastem Oncology announces new executive leadership team appointments in preparation for potential commercial launch of avutometinib in combination with defactinib in low-grade serous ovarian cancer (LGSOC) and to support broader development program in RAS pathway-driven cancers.
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Verastem Oncology grants stock options to new employee
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Verastem Oncology announces preliminary efficacy of avutometinib + sotorasib combination in KRAS G12C-mutant NSCLC patients
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Verastem Oncology grants stock options to new employees
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Verastem Oncology presents updates on avutometinib and defactinib programs at RAS-Targeted Drug Development Summit. Clinical presentation shows an ORR of 42% in patients with low-grade serous ovarian cancer. Median duration of response is 26.9 months. Encouraging results support Breakthrough Therapy Designation.
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Verastem Oncology to participate in investor conferences
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Verastem Oncology enters collaboration with GenFleet Therapeutics to advance three oncology discovery programs targeting RAS pathway-driven cancers.
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FAQ

What is the current stock price of Verastem (VSTM)?

The current stock price of Verastem (VSTM) is $5.9 as of January 8, 2025.

What is the market cap of Verastem (VSTM)?

The market cap of Verastem (VSTM) is approximately 281.7M.

What does Verastem, Inc. specialize in?

Verastem, Inc. specializes in developing novel drugs that target cancer stem cells to treat various major cancers, including breast cancer.

What are some of Verastem's key projects?

Verastem is working on RAF/MEK and FAK inhibitors to treat cancer. They are also developing a combination therapy of avutometinib and defactinib for low-grade serous ovarian cancer.

Who are Verastem's partners?

One of Verastem's key partners is GenFleet Therapeutics, with whom they are collaborating to advance oncology programs targeting KRAS mutations.

What is GFH375?

GFH375 is an oral KRAS G12D inhibitor being developed in collaboration with GenFleet Therapeutics. It targets cancer cells with KRAS G12D mutations.

What makes Verastem's approach unique?

Verastem focuses on cancer stem cells, aiming to develop therapies that prevent tumor recurrence and metastasis, a major challenge in cancer treatment.

What are RAF/MEK and FAK inhibitors?

RAF/MEK and FAK inhibitors are drugs that target specific signaling pathways in cancer cells, hindering their growth and survival.

What types of cancer is Verastem targeting?

Verastem is targeting major cancers, including breast cancer, ovarian cancer, and those with KRAS mutations.

What recent achievements has Verastem made?

Verastem's combination therapy of avutometinib and defactinib has been granted breakthrough therapy designation for treating recurrent low-grade serous ovarian cancer.

How does Verastem's partnership with GenFleet Therapeutics benefit their research?

The partnership allows Verastem to leverage GenFleet's expertise in oncology to advance new therapies targeting KRAS mutations, enhancing their oncology pipeline.

Where can I find more information about Verastem, Inc.?

More information can be found on their official website: www.verastem.com.
Verastem, Inc.

Nasdaq:VSTM

VSTM Rankings

VSTM Stock Data

281.73M
41.25M
0.82%
59.92%
5.89%
Biotechnology
Pharmaceutical Preparations
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United States of America
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