Novocure
NVCRNVCR · Stock Price
Historical price data
Overview
Novocure is a commercial-stage oncology company with a mission to extend survival in aggressive cancers through its innovative Tumor Treating Fields (TTFields) therapy. Its core achievement is the successful development and regulatory approval of TTFields for glioblastoma and, more recently, locally advanced pancreatic cancer, validating its unique physics-based mechanism. The company's strategy is to methodically expand TTFields into large, underserved solid tumor indications through a focused clinical pipeline while leveraging its commercial infrastructure and deep scientific expertise.
Technology Platform
Tumor Treating Fields (TTFields): Low-intensity, alternating electric fields delivered non-invasively via wearable devices to disrupt cancer cell division.
Pipeline
33| Drug | Indication | Stage | Watch |
|---|---|---|---|
| Paclitaxel | Ovarian Cancer | Phase 3 | |
| Pembrolizumab + Platinum based chemotherapy | Metastatic Non-small Cell Lung Cancer | Phase 3 | |
| Gemcitabine + nab paclitaxel | Pancreas Adenocarcinoma | Phase 3 | |
| Temozolomide | Glioblastoma Multiforme | Phase 3 | |
| Immune checkpoint inhibitors or docetaxel | Nonsmall Cell Lung Cancer | Phase 3 |
Funding History
4Opportunities
Risk Factors
Competitive Landscape
Novocure has no direct competitors with an approved electric field modality, enjoying a strong patent moat. It competes contextually with standard chemotherapies, radiation, and emerging immunotherapies across its target indications, differentiating via its unique mechanism and combinability.
Company Timeline
Founded in Saint Helier, Jersey
Series B: $25.0M
Series C: $45.0M
IPO — $125.0M