Novocure's New Global Headquarters: A Beacon of Innovation and Growth in the Canton of Zug

Novocure, a global oncology company, has inaugurated its new global headquarters in the Canton of Zug, Switzerland. This strategic relocation not only signifies the company's growth and expansion but also underscores its commitment to reducing its environmental impact and promoting corporate social responsibility. The new headquarters, located in Baar, is a state-of-the-art facility designed to foster collaboration and flexibility, supporting Novocure's continued growth and pursuit of its mission to extend survival in aggressive forms of cancer.

The Canton of Zug, known for its dynamic life sciences cluster, provides an ideal location for Novocure's global operations. The region is home to many nationally and internationally successful life sciences and MedTech companies, from large players to innovative start-ups. This unique combination of a great business environment, access to highly skilled professionals, and the central location in the heart of Europe has convinced Novocure to choose the Canton of Zug for its global headquarters (Silvia Thalmann-Gut, Director of the Department of Economic Affairs, Canton of Zug). By being part of this thriving ecosystem, Novocure can tap into a larger talent pool, foster collaborations, and attract investments, ultimately supporting its continued growth and pursuit of its patient-forward mission to extend survival in aggressive forms of cancer (Ashley Cordova, Chief Executive Officer, Novocure).

The new global headquarters aligns with Novocure's commitment to reducing its environmental impact and promoting corporate social responsibility. The building was constructed using state-of-the-art technology and incorporates various innovative approaches to increase sustainability and decrease consumption and waste. Some of the key features that demonstrate this commitment include:

1. Reversible air-to-water heat pump: The building is equipped with a reversible air-to-water heat pump for heating and cooling, which is powered by rooftop solar panels. This system allows for efficient and sustainable temperature control, reducing the building's reliance on traditional energy sources and lowering its carbon footprint.
2. Solar panels: The rooftop solar panels generate clean, renewable energy, further reducing the building's environmental impact. By harnessing the power of the sun, Novocure can minimize its dependence on fossil fuels and contribute to a cleaner, healthier environment.
3. Commitment to sustainability: The design and construction of the new headquarters reflect Novocure's dedication to sustainability and corporate social responsibility. By incorporating these features, the company demonstrates its commitment to minimizing its environmental impact and promoting a more sustainable future.

The opening of Novocure's new global headquarters reflects the company's significant growth and expansion plans, both in terms of geographic reach and therapeutic indications. The new headquarters is strategically positioned in the heart of Europe, allowing for better access to key markets and talent pools across the continent. Novocure has grown its Swiss-based workforce to over 200 people in the greater Zurich area, indicating a strong commitment to the region and its potential for further expansion.

Novocure's innovative therapy, Tumor Treating Fields (TTFields), has shown promise in various cancer types, including glioblastoma, non-small cell lung cancer, malignant pleural mesothelioma, and pleural mesothelioma. The company's ongoing and completed clinical trials explore the use of TTFields in brain metastases, gastric cancer, liver cancer, pancreatic cancer, and ovarian cancer, demonstrating its commitment to expanding its therapeutic indications.

In conclusion, Novocure's new global headquarters in the Canton of Zug, Switzerland, is a testament to the company's growth, innovation, and commitment to sustainability. By strategically locating its headquarters in this dynamic life sciences cluster, Novocure can better serve its global customer base, attract top talent, and continue its mission to extend survival in some of the most aggressive forms of cancer. The new headquarters' design and sustainability features further demonstrate Novocure's dedication to reducing its environmental impact and promoting corporate social responsibility, ensuring a positive image as a socially responsible corporation.