NEEDHAM, Mass. (AP) — NEEDHAM, Mass. (AP) — Verastem Inc. (VSTM) on Thursday reported a loss of $27.4 million in its fourth quarter.

The Needham, Massachusetts-based company said it had a loss of $1.02 per share.

For the year, the company reported a loss of $87.4 million, or $3.96 per share.

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