Verastem, Inc. (VSTM) NASDAQ

7.20

+0.09(+1.27%)

Updated at January 13 04:00PM

Currency In USD

Verastem, Inc.

Address

117 Kendrick Street

Needham, MA 02494

United States of America

Phone

781 292 4200

Sector

Healthcare

Industry

Biotechnology

Employees

78

First IPO Date

January 27, 2012

Key Executives

NameTitlePayYear Born
Daniel W. PatersonPresident, Chief Executive Officer & Director1.03M1961
Jonathan PachterChief Scientific Officer238,1761958
Daniel CalkinsChief Financial Officer471,6901988
Michelle DetwilerCo-Founder01976
Robert A. WeinbergCo-Founder & Chair of Scientific Advisory Board0N/A
Matthew E. RosChief Operating Officer01967
Michael CrowtherChief Commercial & Strategy Officer0N/A
Nate SanburnChief Business Officer0N/A
Cathy CarewChief Organizational Effectiveness Officer0N/A
Julissa VianaVice President of Corporate Communications & Investor Relations0N/A

Description

Verastem, Inc., a development-stage biopharmaceutical company, focusing on developing and commercializing drugs for the treatment of cancer. Its product in development includes VS-6766, a dual rapidly accelerated fibrosarcoma (RAF)/mitogen-activated protein kinase (MEK) clamp that blocks MEK kinase activity and the ability of RAF to phosphorylate MEK. The company also engages in developing RAMP 201, an adaptive two-part multicenter, parallel cohort, randomized open label trial to evaluate the efficacy and safety of VS-6766 and in combination with defactinib, an oral small molecule inhibitor of focal adhesion kinase (FAK) in patients with recurrent low grade serous ovarian cancer; and RAMP 202, which is in Phase 2 trial to evaluate the safety of VS-6766 in combination with defactinib in patients with KRAS and BRAF mutant non-small cell lung cancer following treatment with a platinum-based regimen and immune checkpoint inhibitor. Verastem, Inc. has license agreements with Chugai Pharmaceutical Co., Ltd. for the development, commercialization, and manufacture of products containing VS-6766; 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 clinical collaboration agreement with Amgen, Inc. to evaluate the combination of VS-6766 with Amgen's KRAS-G12C inhibitor LUMAKRASTM which in Phase 1/2 trial entitled RAMP 203. The company was incorporated in 2010 and is headquartered in Needham, Massachusetts.