Novocure / Optune is not a systemic treatment and is no substitute for one or for an immune I therapy either. It’s statistics are also subject to not just significant questions from critics or top doctors, which is true, but also from significant regulators, in the UK and US.
I have no doubt that people could write an article. I doubt that will affect regulatory approval.
As for signs of pending effort to get approved, everything they have done for 2 years and PR’d is an indicator of their work toward getting this approved. It is nonsense to say otherwise. Everything they are working on is a significant piece of the final application for approval. Manufacturing a drug like this, after the data, is probably the single most significant piece that the regulators will look at for approval.
Novocure says a lot that seems inconsistent. As for treating 30% of all patients, that does not sound right and I’d want to them know why so many managers are selling and why their stock price has been going down significantly rather than up. Their revenues certainly do not reflect that kind of uptake given how much they charge. They should be rolling in huge sums of money if 1) they were taking in that many patients and 2) if their patients were living as long as they suggest. That contraption likely costs noting to make at this stage, and it would all be money. Charging 21,000 per month, as long as the patient lives is an outrageous sum. And that is, in fact, the rate. Insurance covers it here. They will need to negotiate it down in the UK. The UK regulator does not think it really performs or is worth it for most patients. The State of Washington agrees. Those are probably not the only two authorities who think that way.
I own NWBO. My posts on iHub are always posted expressly as just my humble opinion (IMHO) and none are advice, just my opinion. I am NOT a financial advisor, and it is assumed that everyone is responsible for their own due diligence.
AI
