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Verastem Oncology Reports Third Quarter 2022 Financial Results and Highlights Recent Company Progress

Combination Trials with Avutometinib (VS-6766) Ongoing as Part of Development Program Designed to Maximize Potential Across RAS Pathway-Driven Tumors Company

articleVerastem, Inc.November 3, 20225/company/verastem-inc/news/verastem-oncology-reports-third-quarter-2022-financial-results-and-highlights-recent
Verastem Oncology Reports Third Quarter 2022 Financial Results and Highlights Recent Company Progress

About this update from Verastem, Inc.

[{"type":"text","content":"\nCombination Trials with Avutometinib (VS-6766) Ongoing as Part of Development Program Designed to Maximize Potential Across RAS Pathway-Driven Tumors\n\nCompany Confirms Q4 FDA Meeting Based on Encouraging Results to Date in Ongoing RAMP 201 Trial of Avutometinib (VS-6766) ± Defactinib in Low-Grade Serous Ovarian Cancer\n\nRAMP Trials with Avutometinib (VS-6766) Combinations in KRAS G12C Mutant NSCLC and Frontline Metastatic Pancreatic Cancer on Track\n\n BOSTON--(BUSINESS WIRE)--\nVerastem Oncology (Nasdaq: VSTM), a biopharmaceutical company committed to advancing new medicines for patients with cancer, today reported financial results for the three months ended September 30, 2022, and highlighted recent progress.\n\n“In the third quarter, we provided an overall update regarding our RAMP program with RAF/MEK clamp avutometinib (VS-6766), including the encouraging interim results of the RAMP 201 trial that are the basis for advancing our discussions with the FDA regarding the go forward treatment regimen selection and regulatory path forward. Building on our breakthrough therapy designation, our efforts are focused on rapidly advancing this program to make a difference for patients in this highly recurrent, chemotherapy-resistant cancer where no treatments are specifically approved and limited other treatment options are available,” said Brian Stuglik, CEO of Verastem Oncology. “Based on the response results and safety profile seen to date in the RAMP 201 trial, we are looking forward to the results of our broader development program which is aimed at maximizing combinations with avutometinib (VS-6766) across RAS pathway-driven tumors, including KRAS G12C mutant non-small cell lung cancer, frontline metastatic pancreatic cancer and KRAS mutant colorectal cancer.”\n\nSecond Quarter 2022 and Recent Highlights\n\nLow Grade Serous Ovarian Cancer (LGSOC)\n\n\nVerastem recently conducted a second planned interim analysis of the ongoing RAMP 201 trial among patients with recurrent LGSOC. Based on the results, including independently confirmed responses and no new safety signals, the Company has confirmed a meeting with the U.S. Food and Drug Administration (FDA) by the end of the year to review the data set, to discuss the go forward treatment regimen selection and align on requirements to initiate a New Drug Application submission. ...

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