Novocure's Optune added to chemo extends long-term survival in brain cancer patients; shares ahead 66% premarket [Seeking Alpha]
NovoCure Limited - Ordinary Shares (NVCR)
Last novocure limited - ordinary shares earnings: 4/30 06:00 am
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Source: Seeking Alpha
Thinly traded Novocure (NASDAQ: NVCR ) jumps premarket on robust volume in response to its announcement of positive long-term data from a 695-subject Phase 3 clinical trial, EF-14, assessing Optune added to standard chemotherapy temozolomide in newly diagnosed glioblastoma (GBM) patients. The two-year survival rate increased to 43% from 30% in patients treated with Optune plus chemo compared to chemo alone. The five-year survival increased to 13% from 5%. The company says these are the best results reported for newly diagnosed GBM patients in a late-stage study. (hazard ratio = 0.63; p Optune is a non-invasive device that creates alternating "wave-like" electric fields called Tumor Treating Fields (TTFields). It delivers its therapy to brain tumors through four transducer arrays placed on the scalp. Now read: NovoCure - Trends Remain Encouraging, Losses Continue To Come Down, Speculative Position Seems Warranted »
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News
- NovoCure (NVCR) Expected to Beat Earnings Estimates: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Results of Novocure’s METIS Phase 3 Clinical Trial for Patients with Brain Metastasis from Non-Small Cell Lung Cancer to be Presented as Late-Breaking Abstract at ASCO 2024Business Wire
- NovoCure Limited (NASDAQ: NVCR) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $28.00 price target on the stock, up previously from $25.00.MarketBeat
- Novocure Announces 20 Presentations On Tumor Treating Fields, Highlighting Preclinical Effects in Pancreatic Cancer and Immune Effects, at American Association for Cancer Research (AACR) Annual Meeting 2024Business Wire
- NovoCure Limited (NASDAQ: NVCR) had its price target lowered by analysts at Wells Fargo & Company from $49.00 to $42.00. They now have an "overweight" rating on the stock.MarketBeat
NVCR
Earnings
- 2/22/24 - Beat
NVCR
Sec Filings
- 4/22/24 - Form DEFA14A
- 4/22/24 - Form DEF
- 4/12/24 - Form PRE
- NVCR's page on the SEC website