Overall impact
C (51)

Commentary

Verastem is an average overall performer. With a 'C' rating of 51.1 for overall impact (43rd percentile compared to all companies), Verastem ranks 528th out of 585 industry peers, behind Grifols, Biogen, Ionis Pharmaceuticals and 524 others, and ahead of Jazz Pharmaceuticals, Citius Pharmaceuticals, Verona Pharma and 54 others. On top material causes for Verastem's industry (Pharmaceuticals & Biotech), Verastem performs well in Disease Eradication (96.4 score) and Child and Maternal Health (84.0) and performs poorly in Reduced Green House Gas Emissions (25.7 score), Disaster Readiness and Effective Aid (21.5), Sustainable Use of Natural Resources (39.1) and 4 other causes where it received a 'D' or 'F' score.
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Company
Employees
102
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ma, United States
Share classes
VSTM
Description
Verastem, Inc., a development-stage biopharmaceutical company, focuses on developing and commercializing drugs for the treatment of cancer in the United States. Its product candidates are Avutometinib, an orally available small molecule RAF/MEK clamp that inhibits the ras sarcoma RAF/MEK, ERK mitogen activated pathway kinase pathway which is involved in cell proliferation, migration, transformation, and survival of tumor cells; and Defactinib, an oral small molecule inhibitor of FAK and proline-rich tyrosine kinase for various solid tumors. The company is involved in clinical studies, including RAMP 301, a randomized global confirmatory trial to evaluate the combination of Avutometinib and Defactinib for the treatment of patients with recurrent low-grade serous ovarian cancer; RAMP 201, an adaptive two-part multicenter, parallel cohort, randomized open label trial to evaluate the efficacy and safety of Avutometinib and in combination with Defactinib; and FRAME, an investigation of Avutometinib and Defactinib in patients with KRAS mutant cancers and subsequent analyses; and RAMP 204 and 205. It has license agreements with Chugai Pharmaceutical Co., Ltd. for the development, commercialization, and manufacture of products containing Avutometinib; 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 a clinical collaboration agreement with Amgen, Inc. to evaluate the combination of Avutometinib with Amgen's KRAS-G12C inhibitor LUMAKRAS which is in a Phase 1/2 trial entitled RAMP 203; and a discovery and development collaboration with GenFleet Therapeutics to advance new programs targeting RAS pathway-driven cancers. Verastem, Inc. was incorporated in 2010 and is headquartered in Needham, Massachusetts.
Material causes
Ethos considers the following causes material for Verastem, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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