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If approved, it would be the first treatment specifically for this type of cancer, the company said.\"We're taking an important step forward in addressing a condition that has long been overlooked,\" said Dan Paterson, president and chief executive officer of Verastem Oncology, \"We look forward to working with the FDA during its review process and preparing for a commercial launch in mid-2025.\". Shares soared 21% after hours to $4.46. For the year, shares are down by more than 50 percent.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["VSTM","BK4139"],"gpt_icon":0},{"id":"2495701509","title":"Verastem's Ovarian Cancer Drug Application Accepted by FDA, Gets Priority Review","url":"https://stock-news.laohu8.com/highlight/detail?id=2495701509","media":"MT Newswires Live","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495701509?lang=en_us&edition=fundamental","pubTime":"2024-12-31 06:17","pubTimestamp":1735597078,"startTime":"0","endTime":"0","summary":"Verastem  said Monday that the US Food and Drug Administration accepted for review the new drug application for avutometinib in combination with defactinib for the treatment of patients with recurrent low-grade serous ovarian cancer that received at least one systemic treatment and have KRAS mutation.The FDA granted priority review to the new drug application and has set an action date of June 30, according to the company.There are currently no approved treatments for low-grade serous ovarian cancer, Verastem added.The new drug application is based on results from the Phase 2 Ramp 201 study that showed avutometinib plus defactinib had a substantial overall response rate.Shares of the company were up 22% in recent after-hours 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