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VSTM targets cancer with Avutometinib and Defactinib, pending NDA by 2H2024. Recent stock plunge of 59% may have resulted from safety concerns and equity offering. VSTM has substantial market opportunity; LGSOC potential market estimated at $270 million. Positive early data shows 83% partial response in ongoing trials, indicating robust efficacy. FDA approval could significantly enhance VSTM's valuation and market prospects.
- VSTM targets cancer with Avutometinib and Defactinib, pending NDA by 2H2024.
- Recent stock plunge of 59% may have resulted from safety concerns and equity offering.
- VSTM has substantial market opportunity; LGSOC potential market estimated at $270 million.
- Positive early data shows 83% partial response in ongoing trials, indicating robust efficacy.
- FDA approval could significantly enhance VSTM's valuation and market prospects.
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