NEEDHAM, Mass. (AP) — NEEDHAM, Mass. (AP) — Verastem Inc. (VSTM) on Wednesday reported a loss of $32.9 million in its fourth quarter.

On a per-share basis, the Needham, Massachusetts-based company said it had a loss of 50 cents.

The drug developer posted revenue of $17.5 million in the period.

For the year, the company reported a loss of $209.5 million, or $3.02 per share. Revenue was reported as $30.9 million.

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