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Novocure

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FDA Approves Wearable TTFields Therapy for Locally Advanced Pancreatic Cancer
health1 month ago

FDA Approves Wearable TTFields Therapy for Locally Advanced Pancreatic Cancer

The FDA approved Optune Pax, a wearable device delivering abdominal tumor treating fields (TTFields) to treat locally advanced pancreatic cancer in combination with gemcitabine and nab-paclitaxel, based on PANOVA-3 which showed longer median overall survival and pain-free survival with TTFields versus chemotherapy alone; skin reactions were common; the device costs about $21,000 per month and includes patches, a generator, and support services.

Novocure's Ovarian Cancer Treatment Fails in Phase 3 Trial, Stock Plummets 35%
business2 years ago

Novocure's Ovarian Cancer Treatment Fails in Phase 3 Trial, Stock Plummets 35%

Novocure's electrical-based cancer treatment, which uses a body-worn pad emitting fields of electricity, failed to show a significant difference in ovarian cancer patients who received the treatment alongside chemotherapy. As a result, Novocure's stock plummeted by 34.6%. Analysts have expressed doubts about the company's ability to expand its platform beyond glioblastoma, a form of brain cancer, and foresee limited growth potential in the near-term. However, some analysts believe that Novocure's method could still be effective in treating individual cancers.

Electric fields device by Novocure shows promise in extending lung cancer survival.
healthcare2 years ago

Electric fields device by Novocure shows promise in extending lung cancer survival.

Novocure's medical device, Optune, which creates electric fields in the lungs via wearable skin patches, extended the survival of patients with lung cancer in a clinical trial. The study achieved its primary goal and showed a survival benefit for patients with lung cancer that progressed following initial chemotherapy. However, doubts remain as the data doesn't fit the current medical practice for patients with lung cancer.