Mizuho Securities USA LLC has reiterated its ‘Buy’ rating and issued a price target of $51 on shares of NovoCure Limited’s (NASDAQ: NVCR) stock. NovoCure is an oncology company engaged in the development of an incomparable cancer treatment employing tumor treating fields. This proprietary therapy works by using electric fields tuned to specific frequencies to disrupt solid tumor cancer cell division. Mizuho’s analysis follows shortly after the company’s recently reported financial results for the three months ended September 30, 2018. Among other highlights from the earnings report, the company reported net revenues for the third quarter 2018 of $64.8 million, demonstrating a 29% growth over the same period of the previous year.
For more information, visit: www.Novocure.com
About Novocure
Novocure is an oncology company developing a profoundly different cancer treatment utilizing a proprietary therapy called Tumor Treating Fields, the use of electric fields tuned to specific frequencies to disrupt solid tumor cancer cell division. Novocure’s commercialized product is approved for the treatment of adult patients with glioblastoma. Novocure has ongoing or completed clinical trials investigating Tumor Treating Fields in brain metastases, non-small cell lung cancer, pancreatic cancer, ovarian cancer, liver cancer and mesothelioma. Headquartered in Jersey, Novocure has U.S. operations in Portsmouth, New Hampshire, Malvern, Pennsylvania and New York City. Additionally, the company has offices in Germany, Switzerland, Japan and Israel. For additional information about the company, please visit the company’s website or follow the company at www.Twitter.com/Novocure.
More from NetworkNewsBreaks
- NetworkNewsBreaks — Pressure BioSciences Inc. (PBIO) Appoints Senior VP and Chief Commercial Officer Bradford A. Young, Ph.D.
- NetworkNewsBreaks — Youngevity International, Inc. (NASDAQ: YGYI) to Host Q3 2018 Earnings Call to Review Financial Results, Discuss Corporate Updates
- NetworkNewsBreaks — 665 Energy, Inc. (SSOF) Executes LOI with 10sion Holdings, Inc.
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com