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Verastem VSTM · USD

Health Care · US listing · 🇺🇸 United States

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8.70

+3.45%

Close of 9 Nov 2026, in USD

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About Verastem

From its filings with the US Securities and Exchange Commission

SEC filings

Verastem is based in Needham, Massachusetts and is incorporated in Massachusetts. Its shares trade on Nasdaq under the ticker VSTM. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported revenue of $30.9m and a net loss of $209.5m. At that date it held total assets of $246.4m and shareholders' equity of $57.2m.

In its own words

We are a biopharmaceutical company committed to developing and commercializing new medicines to improve the lives of patients diagnosed with challenging RAS/MAPK pathway-driven cancers. We market AVMAPKI FAKZYNJA CO-PACK (avutometinib capsules; defactinib tablets) in the United States (“U.S.”), the first treatment specifically FDA-approved for adults with KRAS-mutated recurrent low-grade serous ovarian cancer (“LGSOC”) who have received prior systemic therapy. AVMAPKI FAKZYNJA CO-PACK received accelerated approval in the U.S. on May 8, 2025. We are also conducting RAMP 301, a Phase 3 trial designed to evaluate avutometinib plus defactinib versus Investigator’s Choice of Treatment (“ICT”) in patients with recurrent LGSOC with and without a KRAS mutation. This trial will serve as a confirmatory study for the initial U.S. indication and has the potential to expand the indication regardless of KRAS mutation status. Results of the RAMP 301 trial may also support future regulatory filings outside of the U.S.

Our pipeline includes clinical-stage programs, preclinical research programs and externally partnered early-stage programs. Our focus is on novel small molecule drugs developed both as monotherapy and in combination, which inhibit critical signaling pathways in cancer that promote cancer cell survival and tumor growth, including targeting RAS directly with KRAS G12D inhibition, targeting the pathway downstream with RAF/MEK inhibition, and targeting the parallel pathway that drives resistance with FAK inhibition.

Quoted from its 10-K, filed 4 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
8 Nov 2011
Employees
102
Head office
117 KENDRICK STREET, NEEDHAM, MA, 02494
Incorporated in
MA
Classification
Pharmaceutical Preparations
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Daniel PatersonPresident, Chief Executive Officer, Director, since 2012$2.5m
  • Mr. Daniel CalkinsChief Financial Officer$741,010
  • Mr. Matthew RosChief Operating Officer
  • Dr. Michael KauffmanLead Independent Director d$236,336
  • Mr. Robert GagnonDirector, since 2018$105,175
  • Mr. Brian StuglikDirector, since 2017$172,806
  • Dr. Paul BunnIndependent Director$132,108
  • Mr. John JohnsonIndependent Director$85,548
  • Mr. Anil KapurIndependent Director$132,175
  • Ms. Michelle RobertsonIndependent Director$137,291
  • Dr. Eric RowinskyIndependent Director$255,624
  • Ms. Julissa VianaInvestor Relations, since 2024

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
42
Environment
40
Social
77
Governance
8
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Verastem Oncology employs 135 full-time staff members to support its biopharmaceutical research efforts.
  • The company markets defactinib, an oral small molecule inhibitor targeting FAK and PYK2 proteins.
  • VS-6766 inhibits the RAF/MEK signaling pathway by blocking MEK kinase activity effectively.

Weaknesses

  • The company lists 102 employees in one section but 135 in another contradictory statement.
  • Defactinib is still being evaluated as a potential therapy rather than a proven cure.
  • VS-6766 is described as an inhibitor but lacks detailed clinical outcome data here.

Opportunities

  • Defactinib shows potential as a combination therapy for various solid tumors in clinical trials.
  • VS-6766 targets cancers with limited treatment options like leukemia and lymphoma patients.
  • Expanding trials to pancreatic cancer and colorectal cancer offers new patient segments for growth.

Threats

  • Clinical trials face risks due to limited treatment options in diseases like mesothelioma.
  • Competition exists in the biotechnology sector for drugs treating lung and ovarian cancer.
  • Regulatory hurdles may delay the commercialization of defactinib and VS-6766 products significantly.

Sources and methodology

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