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Novocure Limited shares fall 1.44% premarket after Zai Lab's TTFields granted Innovative Medical Device Designation in China.
ByAinvest
Tuesday, Aug 19, 2025 8:22 am ET1min read
Novocure Limited fell 1.44% in premarket trading. Zai Lab Limited, a partner of Novocure, announced that the China National Medical Products Administration (NMPA) has granted Innovative Medical Device Designation for Tumor Treating Fields (TTFields) for patients with pancreatic cancer. This designation allows for an expedited approval procedure, which could benefit Novocure's TTFields technology.
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