Novocure (NVCR) Misses Q1 EPS by 6c, Revenues Miss

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Novocure Reports First Quarter 2021 Financial Results and Provides Company Update

April 29, 2021 6:00 AM EDT

Quarterly net revenues of $134.7 million with 80% gross margin

Interim analysis for phase 3 pivotal LUNAR trial in non-small cell lung cancer concluded with favorable recommendation to continue the trial with reduced sample size

ST. HELIER, Jersey--(BUSINESS WIRE)-- Novocure (NASDAQ: NVCR) today reported financial results for the quarter ended March 31, 2021, highlighting continued commercial strength despite changes in patterns of care in some regions driven by COVID-19, as well as continued progress across the companys clinical and product development programs. Novocure is a global oncology company working to... More