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NVCR NovoCure Ltd

17.35
0.45 (2.66%)
19 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NovoCure Ltd NASDAQ:NVCR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.45 2.66% 17.35 17.15 17.32 17.63 16.77 16.97 1,182,168 01:00:00

IMPORTANT SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of Novocure Limited, & Advises Investors with Losses to...

20/12/2016 8:26pm

Business Wire


NovoCure (NASDAQ:NVCR)
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Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Novocure Limited (“Novocure” or the “Company”) (Nasdaq: NVCR) concerning possible violations of federal securities laws.

To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.

Novocure creates and markets treatment for solid tumor cancers therapy called the tumor treating fields (“TTFields”). Novocure advertises its proprietary therapy, TTFields delivery system, through the Optune name as a monotherapy treatment for adult patients with glioblastoma brain cancer.

Novocure revealed that its new Optune prescriptions dropped to 657 in the second quarter from 755 in the first. Asaf Danziger, Chief Executive Officer of Novocure, stated “[w]hile barriers to full adoption remain, I am optimistic we will overcome the challenges inherent in bringing a completely new therapy into widespread clinical use.”

When this information was revealed to the public, Novocure’s stock fell over 29%, causing investors severe harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile: 888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/

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