NEW YORK, Oct. 02, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of NovoCure Limited (Nasdaq:NVCR) commenced on The Nasdaq Stock Market on October 2, 2015.
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NovoCure Limited is a commercial-stage oncology business pioneering a novel therapy for solid tumors called Tumor Treating Fields or TTFields. TTFields is a low toxicity anti-mitotic treatment that uses low-intensity, intermediate frequency, alternating electric fields to exert physical forces on key molecules inside cancer cells, disrupting the basic machinery necessary for normal cell division, leading to cancer cell death. Headquartered in the Bailiwick of Jersey, Novocure has operations in the United States, Switzerland, Germany, Japan and Israel and has treated more than 1,640 patients to date with TTFields therapy.
“Novocure’s non-invasive, wearable TTFields therapy represents a completely new modality for treating cancer and we are excited to welcome Novocure to our family of listed companies,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “We look forward to supporting its success and growth in the future.”
By listing on Nasdaq, NovoCure Limited joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice for 78 percent of healthcare companies that have listed on the U.S. markets year-to-date.
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