Verastem Oncology Reports Fourth Quarter and Full Year 2023 Financial Results and Highlights Recent Business Updates
Verastem Oncology ended the fourth quarter of 2023 with cash, cash equivalents and investments of $137.1 million.
- Verastem Oncology ended the fourth quarter of 2023 with cash, cash equivalents and investments of $137.1 million.
- Research & development expenses for the 2023 Quarter were $22.5 million, compared to $10.7 million for the 2022 Quarter.
- Selling, general & administrative expenses for the 2023 Quarter were $8.6 million, compared to $6.1 million for the 2022 Quarter.
- These non-GAAP financial measures exclude certain amounts or expenses from the corresponding financial measures determined in accordance with GAAP.