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NovoCure Stock Falls 18% As Phase 3 TRIDENT Trial Fails To Meet Primary Endpoint

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Shares of NovoCure Limited (NVCR) are falling about 18 percent on Thursday morning after the company announced that its Phase 3 TRIDENT trial did not meet its primary endpoint of demonstrating a statistically significant increase in overall survival for patients in the intent-to-treat population who initiated Tumor Treating Fields therapy at the start of chemoradiation.

Shares of the company slipped 18.16 percent to $14.51 on the Nasdaq, compared with the previous closing price of $17.85. The stock has traded in a 52-week range of $9.82 to $18.92.

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