Welcome to our dedicated page for Novocure news (Ticker: NVCR), a resource for investors and traders seeking the latest updates and insights on Novocure stock.
NovoCure (NVCR) is a leader in developing innovative Tumor Treating Fields (TTFields) therapy for solid tumor cancers, offering non-invasive treatment alternatives through its proprietary medical devices. This page provides investors and healthcare professionals with essential updates on clinical advancements, regulatory milestones, and strategic initiatives shaping the oncology sector.
Access real-time press releases, earnings reports, and partnership announcements to stay informed about NVCR's progress in TTFields technology. Our curated collection includes updates on global clinical trials, FDA submissions, and peer-reviewed research findings critical for evaluating the company's market position.
Explore detailed coverage of financial performance, product innovations, and collaborations with leading cancer research institutions. Bookmark this page for streamlined access to NVCR's latest developments, ensuring you never miss pivotal updates in this dynamic field of oncology treatment.
Novocure (NASDAQ: NVCR) will present final secondary endpoint data from its Phase 3 PANOVA-3 trial at the ESMO Gastrointestinal Cancers Congress 2025. The trial evaluated Tumor Treating Fields (TTFields) therapy combined with gemcitabine and nab-paclitaxel (GnP) for treating unresectable, locally advanced pancreatic cancer.
The study demonstrated significant improvements in multiple quality of life metrics: Global health status deterioration was delayed to 7.1 months vs. 5.7 months (p=0.023), pain deterioration was extended to 10.1 months vs. 7.4 months (p=0.003), and pancreatic pain deterioration was prolonged to 14.7 months vs. 10.2 months (p=0.006) compared to GnP alone.
Additionally, the trial showed significant delay in first opioid use (7.1 months vs. 5.4 months, p=0.046) and improved pain-free survival (15.2 months vs. 9.1 months, p=0.027). TTFields therapy was well-tolerated with mild to moderate skin adverse events being the most common device-related side effects. The company plans to submit a premarket application to the FDA in the second half of 2025.
Novocure (NASDAQ: NVCR) has scheduled its second quarter 2025 financial results announcement for July 24, 2025, before U.S. markets open. The company will host a conference call and webcast at 8:00 a.m. EDT on the same day to discuss its financial performance for the three and six-month periods ending June 30, 2025.
The presentation materials will be accessible through Novocure's investor relations website and will remain available for at least 14 days after the call. The company uses its investor relations website to disclose material non-public information in compliance with Regulation FD.
Novocure (NVCR) has announced two upcoming investor events. The company will host a PANOVA-3 Investor Event on May 31, 2025, at 8:00 p.m. ET in Chicago to discuss data from their successful Phase 3 PANOVA-3 clinical trial in unresectable, locally advanced pancreatic cancer. Dr. Vincent Picozzi, a medical oncologist and trial investigator, will join the leadership team to review results.
Additionally, CEO Ashley Cordova will present at the Jefferies Global Healthcare Conference on June 4, 2025, at 12:50 p.m. ET. CFO Christoph Brackmann will join for one-on-one investor meetings. Both events will be webcast and available for replay on Novocure's website.
Novocure (NVCR) reported Q1 2025 financial results with net revenues of $155.0 million, up 12% year-over-year. The company achieved 4,268 active patients on Tumor Treating Fields therapy globally as of March 31, 2025.
Key financial metrics include: 75% gross margin, net loss of $34.3 million ($0.31 per share), and cash position of $929.1 million. Regional revenue contributions: US ($93.2M), Germany ($18.7M), France ($17.9M), and Japan ($8.7M).
Notable developments include CE Mark approval for Optune Lua for metastatic NSCLC treatment and upcoming presentation of Phase 3 PANOVA-3 pancreatic cancer trial results at ASCO 2025. The company faces potential tariff impacts of up to $8-11 million in 2025 depending on policy implementation.
Novocure (NASDAQ: NVCR) has received CE Mark approval for Optune Lua® to treat metastatic non-small cell lung cancer (NSCLC) in combination with immune checkpoint inhibitors or docetaxel after platinum-based treatment progression.
The approval is based on the Phase 3 LUNAR trial results, which showed a significant 3.3-month median overall survival extension (13.2 vs 9.9 months, P=0.035). Notably, patients receiving Optune Lua with immune checkpoint inhibitors showed a 7.7-month survival benefit (18.5 vs 10.8 months, P=0.03).
Optune Lua, a wearable device delivering Tumor Treating Fields (TTFields), demonstrated manageable safety with mainly low-grade skin-related events (65.4% of patients). Only 5% experienced Grade 3 events, with no Grade 4 or 5 toxicities reported.
Novocure (NASDAQ: NVCR) has announced it will release its first quarter 2025 financial results on April 24, 2025, before U.S. markets open. The company's management will host a conference call and webcast at 8:00 a.m. EDT on the same day to discuss the financial performance for the quarter ending March 31, 2025.
The presentation slides and webcast will be accessible through Novocure's investor relations website and will remain available for a minimum of 14 days after the call.
Novocure (NASDAQ: NVCR) has announced its participation in the upcoming Leerink Global Healthcare Conference scheduled for March 11, 2025. The company's Chief Financial Officer, Christoph Brackmann, will engage in a fireside chat at 4:20 p.m. EST and conduct one-on-one meetings with investors throughout the conference.
Interested parties can access a live audio webcast of the presentation through Novocure's Investor Relations webpage. The recording will remain available for replay for a minimum of 14 days after the event.
Novocure (NVCR) reported strong financial results for Q4 and full year 2024, with total net revenues reaching $605.2 million for the year, up 19% year-over-year. Q4 revenues were $161.3 million, showing a 21% increase.
Key developments include FDA approval of Optune Lua for metastatic non-small cell lung cancer treatment and positive Phase 3 PANOVA-3 trial results for pancreatic cancer. The company maintained 4,126 active patients globally, with 4,077 using Optune Gio for glioblastoma treatment.
Regional Q4 revenues: US ($107.2M), Germany ($17.4M), France ($15.7M), and Japan ($8.5M). Gross margin was 79%. The company reported a quarterly net loss of $65.9 million ($0.61 per share) with adjusted EBITDA of $2.6 million.