Company Verastem, Inc.

Equities

VSTM

US92337C2035

Biotechnology & Medical Research

Market Closed - Nasdaq 21:00:00 26/04/2024 BST 5-day change 1st Jan Change
9.38 USD +1.79% Intraday chart for Verastem, Inc. -4.67% +15.23%

Business Summary

Verastem, Inc. is a late-stage development biopharmaceutical company. The Company's pipeline is focused on anticancer agents that inhibit critical signaling pathways in cancer that promote cancer cell survival and tumor growth, particularly rapidly accelerated fibrosarcoma (RAF)/mitogen-activated protein kinase (MEK) inhibition and focal adhesion kinase (FAK) inhibition. The Company’s advanced product candidates, avutometinib and defactinib, are being investigated in both preclinical and clinical studies for the treatment of various solid tumors, including low-grade serous ovarian cancer (LGSOC), non-small cell lung cancer (NSCLC), pancreatic cancer, colorectal cancer (CRC), and melanoma. Avutometinib is an orally available small molecule RAF/MEK clamp that inhibits the ras sarcoma (RAS)/RAF/MEK, ERK mitogen activated pathway kinase (MAPK) pathway. Defactinib is an oral small molecule inhibitor of FAK and proline-rich tyrosine kinase (PYK2).

Number of employees: 73

Managers

Managers TitleAgeSince
Chief Executive Officer 63 31/12/10
Director of Finance/CFO 37 30/11/18
Chief Tech/Sci/R&D Officer 66 30/06/11
Director/Board Member 64 01/09/17
Corporate Officer/Principal - 25/10/23
Corporate Officer/Principal 67 18/01/17
Corporate Officer/Principal - -
General Counsel 67 25/10/23

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 02/05/17
Director/Board Member 66 22/04/20
Chairman 60 25/11/12
Chief Executive Officer 63 31/12/10
Director/Board Member 79 23/06/21
Director/Board Member 54 19/10/22
Director/Board Member 49 12/12/22
Director/Board Member 57 14/05/23
Director/Board Member 64 01/09/17
Director/Board Member 57 14/11/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 25,307,669 25,163,000 ( 99.43 %) 0 99.43 %
Stock B 0 1,200,000 0 0

Shareholders

NameEquities%Valuation
Viking Global Investors LP
9.710 %
2,456,292 9.710 % 29 M $
BVF, Inc.
6.662 %
1,685,219 6.662 % 20 M $
Vivo Capital LLC
6.082 %
1,538,461 6.082 % 18 M $
Deerfield Management Co. LP (Private Equity)
6.082 %
1,538,461 6.082 % 18 M $
OrbiMed Advisors Private Equity
6.045 %
1,529,115 6.045 % 18 M $
Soleus Capital Management LP
5.636 %
1,425,634 5.636 % 17 M $
Soleus Capital Management LP (Investment Management)
5.636 %
1,425,634 5.636 % 17 M $
Adage Capital Partners GP LLC
5.139 %
1,300,000 5.139 % 15 M $
Vanguard Global Advisers LLC
4.547 %
1,150,253 4.547 % 14 M $
Tang Capital Management LLC
2.931 %
741,514 2.931 % 9 M $
NameEquities%Valuation
BVF Partners LP
83.33 %
833,333 83.33 % 10 M $
NameEquities%Valuation
BVF Partners LP
8.238 %
98,850 8.238 % 1 M $

Company contact information

Verastem, Inc.

117 Kendrick Street Suite 500

02494, Needham

+781 292 4200

http://www.verastem.com
address Verastem, Inc.(VSTM)
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