NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, France, Japan, Greater China, and internationally. The company’s TTFields devices include Optune Gio and Optune Lua. It also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporated in 2000 and is headquartered in Baar, Switzerland.
Future Prospects | Delve into Novocure's product pipeline, including new arrays for lung cancer and anticipated FDA approvals, shaping its competitive edge |
Financial Performance | Analysts project 16.7% revenue growth for 2024, with price targets ranging from $24 to $40, despite current operational losses |
Market Expansion | Explore Novocure's strategic growth in Europe, particularly France, and potential opportunities in Italy and Spain's healthcare markets |
Innovative Cancer Tech | Novocure's Tumor Treating Fields therapy revolutionizes oncology, with promising applications beyond glioblastoma multiforme treatment |
Metrics to compare | NVCR | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipNVCRPeersSector | |
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P/E Ratio | −10.3x | −5.2x | −0.5x | |
PEG Ratio | −0.54 | 0.00 | 0.00 | |
Price / Book | 4.8x | 2.5x | 2.6x | |
Price / LTM Sales | 2.9x | 3.1x | 2.9x | |
Upside (Analyst Target) | 108.5% | 80.7% | 68.1% | |
Fair Value Upside | Unlock | 3.4% | 10.4% | Unlock |