Verastem Oncology: Difference between revisions

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'''Verastem Oncology''' is a [[biopharmaceutical]] company that focuses on the development and commercialization of drugs to treat [[cancer]]. The company was founded in 2010 and is headquartered in [[Boston]], [[Massachusetts]], United States.
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== History ==
[[File:Verastem_Oncology_official_company_logo.png|thumb|right|Verastem Oncology logo]]


Verastem Oncology was founded by three scientists from the [[Massachusetts Institute of Technology]] (MIT): Robert Weinberg, Eric Lander, and Piyush Gupta. The company was established with the goal of developing new therapies for the treatment of cancer, specifically focusing on [[cancer stem cells]].
'''Verastem Oncology''' is a [[biopharmaceutical]] company focused on developing and commercializing medicines to improve the lives of patients with cancer. The company is headquartered in [[Needham, Massachusetts]], [[United States]].


== Research and Development ==
==History==
Verastem Oncology was founded in 2010 by a group of scientists and entrepreneurs, including [[Robert Weinberg]], a prominent cancer researcher. The company was established with the goal of developing therapies targeting cancer stem cells, which are believed to be responsible for tumor growth and recurrence.


Verastem Oncology's research and development efforts are primarily focused on the discovery and development of small molecule drugs that target cancer stem cells. These cells are believed to be responsible for the growth and spread of cancer, and are often resistant to traditional cancer treatments. Verastem Oncology's approach aims to target and kill these cells, potentially leading to more effective treatments for cancer.
In 2012, Verastem went public and was listed on the [[NASDAQ]] stock exchange under the ticker symbol VSTM. Over the years, the company has focused on developing treatments for various types of cancer, including [[leukemia]], [[lymphoma]], and [[solid tumors]].


The company's lead product candidate is [[defactinib]], a small molecule inhibitor of the [[FAK]] and [[PYK2]] signaling pathways, which are believed to play a critical role in the survival and proliferation of cancer stem cells. Defactinib is currently in clinical trials for the treatment of several types of cancer, including [[mesothelioma]], [[non-small cell lung cancer]], and [[pancreatic cancer]].
==Research and Development==
Verastem Oncology's research is centered on targeting cancer stem cells and the tumor microenvironment. The company has developed a pipeline of drug candidates that aim to disrupt the signaling pathways critical for cancer cell survival and proliferation.


== Partnerships and Collaborations ==
One of the company's lead products is [[duvelisib]], an oral dual inhibitor of [[PI3K]]-delta and PI3K-gamma, which has been approved for the treatment of certain types of [[blood cancer]]s. Verastem is also exploring the potential of other compounds in its pipeline for the treatment of solid tumors.


Verastem Oncology has entered into several partnerships and collaborations to advance its research and development efforts. These include collaborations with [[Bristol-Myers Squibb]], [[Merck]], and the [[Cancer Research UK]].
==Collaborations and Partnerships==
Verastem Oncology has entered into several strategic collaborations and partnerships to advance its research and development efforts. These partnerships have included collaborations with academic institutions, research organizations, and other pharmaceutical companies to enhance the development of its drug candidates.


== Financials ==
==Market and Financials==
As a publicly traded company, Verastem Oncology reports its financial performance on a quarterly basis. The company generates revenue primarily through the sale of its approved products and through licensing agreements with other companies.


As a publicly traded company, Verastem Oncology's financial performance is reported on a quarterly and annual basis. The company's revenue primarily comes from the sale of its approved drugs, as well as from partnerships and collaborations.
==Related pages==
 
== See Also ==
 
* [[Cancer stem cell]]
* [[Biopharmaceutical]]
* [[Biopharmaceutical]]
* [[Clinical trial]]
* [[Cancer treatment]]
* [[Defactinib]]
* [[Pharmaceutical industry]]
 
== References ==


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==References==
{{Reflist}}


[[Category:Biopharmaceutical companies]]
[[Category:Biopharmaceutical companies]]
[[Category:Cancer research]]
[[Category:Companies based in Massachusetts]]
[[Category:Companies based in Boston]]
[[Category:Companies established in 2010]]
[[Category:Companies established in 2010]]
[[Category:Pharmaceutical companies of the United States]]
[[Category:Companies listed on NASDAQ]]
 
{{pharmacology-stub}}

Revision as of 16:12, 9 February 2025


Verastem Oncology logo

Verastem Oncology is a biopharmaceutical company focused on developing and commercializing medicines to improve the lives of patients with cancer. The company is headquartered in Needham, Massachusetts, United States.

History

Verastem Oncology was founded in 2010 by a group of scientists and entrepreneurs, including Robert Weinberg, a prominent cancer researcher. The company was established with the goal of developing therapies targeting cancer stem cells, which are believed to be responsible for tumor growth and recurrence.

In 2012, Verastem went public and was listed on the NASDAQ stock exchange under the ticker symbol VSTM. Over the years, the company has focused on developing treatments for various types of cancer, including leukemia, lymphoma, and solid tumors.

Research and Development

Verastem Oncology's research is centered on targeting cancer stem cells and the tumor microenvironment. The company has developed a pipeline of drug candidates that aim to disrupt the signaling pathways critical for cancer cell survival and proliferation.

One of the company's lead products is duvelisib, an oral dual inhibitor of PI3K-delta and PI3K-gamma, which has been approved for the treatment of certain types of blood cancers. Verastem is also exploring the potential of other compounds in its pipeline for the treatment of solid tumors.

Collaborations and Partnerships

Verastem Oncology has entered into several strategic collaborations and partnerships to advance its research and development efforts. These partnerships have included collaborations with academic institutions, research organizations, and other pharmaceutical companies to enhance the development of its drug candidates.

Market and Financials

As a publicly traded company, Verastem Oncology reports its financial performance on a quarterly basis. The company generates revenue primarily through the sale of its approved products and through licensing agreements with other companies.

Related pages

References

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