Don't Give Up On Verastem [Seeking Alpha]
Verastem, Inc. (VSTM)
Last verastem, inc. earnings: 10/29 04:17 pm
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US:NASDAQ Investor Relations:
verastem.com
Company Research
Source: Seeking Alpha
Summary Almost anyone following Verastem ( VSTM ) knows they recently had their drug, COPIKTRA, approved by the FDA for treatment of CLL/SLL/FLL in a 3 rd line setting. Due to COPIKTRA filling a unique niche of being an oral, monotherapy treatment in the CLL/SLL/FLL space, I believe they will get a healthy portion of market share in this 3 rd line setting. I have owned shares of VSTM since early 2017 and while I thought a pullback was possible, I now want to reiterate what a Strong Buy VSTM is going forward. First Let's take a look at what has led to the steep price decline. 3 Reasons for the Price Decline 1) Irrationally Exuberant Valuations During the weeks leading up to the FDA decision date, there were a number of articles and comments in those articles that were getting out of hand with the valuations, in my opinion. I don't mean to criticize just for the sake of it, but rather to temper expectations and help investors realize a pullback after what a great 2018
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VSTM
News
- Verastem Oncology Announces Appointment of John Hayslip, M.D., to Chief Medical Officer [Yahoo! Finance]Yahoo! Finance
- Verastem Oncology Announces Appointment of John Hayslip, M.D., to Chief Medical OfficerBusiness Wire
- Orna Therapeutics Appoints Frank Neumann, M.D., Ph.D., as Chief Medical Officer [Yahoo! Finance]Yahoo! Finance
- MPM BioImpact Appoints Frank Neumann, M.D., Ph.D., Distinguished Expert in Clinical Development, as Entrepreneur Partner [Yahoo! Finance]Yahoo! Finance
- GenFleet Therapeutics Announces Potent Anti-tumor Efficacy of GFH375, an Oral KRAS G12D (ON/OFF) Inhibitor, and its Potential in Combination Therapy with RAF/MEK Clamp at 2024 AACR Annual MeetingPR Newswire
VSTM
Earnings
- 3/14/24 - Miss
VSTM
Sec Filings
- 4/12/24 - Form DEF
- 4/9/24 - Form 8-K
- 4/8/24 - Form 4
- VSTM's page on the SEC website