Verastem, Inc.
Close on Oct 19, 2026
- Market cap
- $863.00M
- P/E (TTM)
- –
- Dividend yield
- –
About Verastem
Pharmaceutical Preparations, SIC 2834
Verastem is a biopharmaceutical company that develops and commercializes targeted cancer therapeutics directed at the RAS/MAPK signaling pathway. The company's primary commercial offering is AVMAPKI FAKZYNJA CO-PACK, an oral combination of avutometinib and defactinib. Its clinical development pipeline also features VS-7375, an oral inhibitor under evaluation for solid tumors such as pancreatic, non-small cell lung, and colorectal cancers. Verastem provides its therapies to adult patients diagnosed with recurrent low-grade serous ovarian cancer following prior systemic treatment, serving healthcare providers, academic medical institutions, and community oncology practices through specialized distributors and pharmacies.
Commercial sales are concentrated in the United States, where the business distributes treatments through specialty pharmacies and distributors. Clinical research operations involve patients and investigative sites across multiple international territories, including the United States, Australia, Canada, Europe, the United Kingdom, and Japan, alongside collaboration activities in China. The provided text does not disclose the location of the company's headquarters.
Summary of the business section of Verastem's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Verastem, Inc.
- Headquarters
- Needham, MA
- Address
- 117 Kendrick Street, Suite 500 02494
- Phone
- (781) 292-4200
- Employees
- 102, Dec 31, 2025
- Industry
- Pharmaceutical Preparations
- Incorporated in
- Massachusetts
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- VSTM
- Exchange
- Nasdaq
- IPO date
- Jan 27, 2012
- Shares outstanding
- 91M, Aug 3, 2026
- Public float
- $253.80M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-12 reverse, Aug 8, 2023; 1-for-12 reverse, Jun 1, 2023
- SEC CIK
- 1526119
- CUSIP
- 92337C203
- ISIN
- US92337C2035
- LEI
- 549300IY0EFBIU8NQC81
- EIN
- 27-3269467
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Dan Paterson | President and CEO, Director | 783,069 |
| Michael Kauffman | President of Development, Director | 8,666 |
| Daniel Calkins | Chief Financial Officer | 118,014 |
| Matthew Ros | Chief Operating Officer | 50,000 |
| Michael P. Bailey | Director | 108,000 |
| Michelle Robertson | Director | 52,666 |
| Paul A. Bunn | Director | 44,333 |
| Karin Anna Tollefson | Director | 52,666 |
| Eric K. Rowinsky | Director | 54,666 |
| John Johnson | Director | 52,666 |
| Brian M. Stuglik | Director | 137,147 |
| Anil Kapur | Director | 52,666 |
| Robert E. Gagnon | Director | 41,678 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Daniel Paterson | $2.35M | $3.78M | $958.34K | $160 | – |
| FY2024 Mr.Daniel Paterson | $2.54M | $2.38M | $741.01K | $107 | – |
| FY2023 Mr.Brian Stuglik | $2.02M | $2.20M | $622.56K | $169 | – |
| FY2023 Mr.Daniel Paterson | $3.63M | $3.24M | $622.56K | $169 | – |
| FY2022 Mr.Brian Stuglik | $1.03M | -$1.33M | $487.59K | $20 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 102 full time equivalent employees, including a total of 23 employees with M.D.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 9, 2022 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Sep 30, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 2, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 27, 2012 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 23, 2012 | Listing | Registration of securities on an exchange (Form 8-A) |