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Verastem

All articles tagged with #verastem

stock-market-news1 year ago

Verastem Stock Surges Over 50% on Positive Pancreatic Cancer Drug Data

Verastem (VSTM) stock plummeted by 62% following the release of clinical trial data for its metastatic pancreatic cancer treatment, which revealed serious adverse events in 12 patients, including 11 with grade ≥3 events. Despite initial positive results, the safety concerns led to heavy trading and a significant drop in stock value.

health1 year ago

Verastem's Pancreatic Cancer Drug Combo Shows Promising Early Results, Stock Soars

Verastem Oncology reported positive initial results from a Phase I/II trial of avutometinib combined with defactinib, gemcitabine, and nab-paclitaxel for treating metastatic pancreatic cancer, achieving an 83% overall response rate. The company will present these findings at the ASCO Annual Meeting in June 2024, leading to a 40% rise in its shares. Despite promising efficacy, the trial noted several serious adverse events.