Investors in NovoCure Limited Have Until August Deadline to File Claims for Losses of $100,000 and Above

August 8, 2023

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NOVOCURE ($NASDAQ:NVCR): Investors in NovoCure Limited have until August to file a claim for losses of $100,000 or more. The Schall Law Firm is urging investors to take note of this important deadline. NovoCure Limited is a publicly traded, global oncology company developing a novel cancer treatment called Tumor Treating Fields. NovoCure has developed a patented therapy that delivers alternating electric fields through transducer arrays to disrupt cell division in the human body, in order to fight cancer. The company is dedicated to improving the lives of cancer patients by providing them with treatments that are more effective and less toxic than currently available options.

NovoCure has grown rapidly in recent years, entering new markets and expanding its therapy to treat mesothelioma, glioblastoma and other cancers. This growth has been reflected in the increased value of the company’s stock. Those investors may be entitled to compensation for their losses.

Stock Price

Monday was a difficult day for investors in NovoCure Limited, as the stock opened at $28.0 and closed at $26.9, a drop of 5.7% from the prior closing price of 28.6. These investors have been offered a limited time opportunity to recoup their losses, as per a class action lawsuit alleging that the company issued false and misleading financial statements between the aforementioned dates. The lawsuit is pending in the United States District Court for the Southern District of New York. All investors who purchased securities during the class period are encouraged to contact the court regarding the legal proceedings, and to discuss their rights with a qualified lawyer.

It remains to be seen whether shareholders will be able to recover their losses, but the deadline for filing is rapidly approaching. All investors are advised to act quickly if they wish to take advantage of this window of opportunity to recoup their losses. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Novocure Limited. More…

    Total Revenues Net Income Net Margin
    507.66 -174.36 -33.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Novocure Limited. More…

    Operations Investing Financing
    -20.75 -209.91 20.32
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Novocure Limited. More…

    Total Assets Total Liabilities Book Value Per Share
    1.16k 743.33 3.91
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Novocure Limited are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    7.5% -35.4%
    FCF Margin ROE ROA
    -9.0% -26.5% -9.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    GoodWhale has conducted an analysis of NOUVOCURE LIMITED’s finances and it appears that they have been classified as an ‘elephant’, meaning they are rich in assets after deducting off liabilities. This type of company is likely to be of interest to investors who are looking for a long-term, safe and stable return on their investments. NOVOCURE LIMITED has a high health score of 7/10 with regard to its cashflows and debt, indicating that the company is highly capable of sustaining future operations even in times of crisis. Furthermore, the company is strong in asset, growth, and profitability, though weak in dividend. This makes it an attractive investment for those looking for a healthy balance between growth and safety. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    In the battle to develop novel cancer treatments, NovoCure Ltd is up against some stiff competition. Atara Biotherapeutics Inc, XBiotech Inc, and InfuSystems Holdings Inc are all working on innovative therapies that could one day provide patients with more options and better outcomes. NovoCure, for its part, is focused on developing a unique approach to cancer treatment that uses electric fields to disrupt tumor growth. While the company’s technology is still in the early stages of development, it has the potential to revolutionize the way cancer is treated. Only time will tell if NovoCure can turn its promising technology into a commercial success.

    – Atara Biotherapeutics Inc ($NASDAQ:ATRA)

    Atara Biotherapeutics Inc is a clinical stage biopharmaceutical company. It is engaged in developing therapies for patients with unmet medical needs. The company’s product candidates include allogeneic Epstein-Barr virus T cell therapies, myeloid leukemia T cell therapies and solid tumor T cell therapies.

    – XBiotech Inc ($NASDAQ:XBIT)

    As of 2022, XBiotech Inc had a market cap of 101.67M and a Return on Equity of -7.4%. The company is a clinical-stage biopharmaceutical company engaged in discovering and developing True Human monoclonal antibodies for treating serious diseases with unmet medical needs. Its lead product candidate is Xilonix, an anti-IL-1 beta antibody, which is in Phase III clinical trials for the treatment of refractory metastatic colorectal cancer and in Phase II clinical trials for the treatment of non-small cell lung cancer, pancreatic cancer, and gastric cancer.

    – InfuSystems Holdings Inc ($NYSEAM:INFU)

    InfuSystems Holdings Inc is a provider of infusion pumps and related services in the United States and Canada. The company offers a range of pumps, including gravity, ambulatory, syringe, and patient-controlled analgesia pumps. It also provides services, such as pump maintenance and support, pump rental, and patient education.


    NovoCure Limited is a public company that has seen significant losses in its stock price in recent weeks. Investors have been encouraged to take action against the company by the Schall Law Firm, which recently issued a deadline of August for affected investors to make claims. Analysts have noted that the company had been underperforming other related stocks in the same sector, and that the recent stock price drop has largely been caused by the market’s response to the news of potential legal action against the firm. It is therefore advised that investors take caution when considering any investment in NovoCure Limited, and should assess the risks associated with any potential investments carefully before making any decisions.

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