NovoCure’s Strong Q3 and Leadership Changes in 2024

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https://www.tipranks.com/news/the-fly/jazz-pharmaceuticals-price-target-lowered-to-163-from-166-at-piper-sandler

NovoCure ( (NVCR) ) just unveiled an announcement.

Novocure reported a robust third quarter in 2024, with net revenues surging by 22% to $155 million, driven by successful market expansions and improved approval rates in the U.S. The company also celebrated FDA approval of Optune Lua for metastatic non-small cell lung cancer, marking a significant milestone. Additionally, management transitions are underway with Christoph Brackmann taking over as CFO from January 2025, as Novocure aims to sustain its growth and innovation in oncology treatment.

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