Anonymous ID: d087da Jan. 22, 2020, 4:02 p.m. No.7880254   🗄️.is 🔗kun

NovoCure Ltd Executive Chair sold $12.70m-Jan 17

 

NovoCure Limited is a commercial-stage oncology company. The Company is engaged in developing a cancer treatment centered on a therapy called TTFields, the use of electric fields tuned to specific frequencies to disrupt solid tumor cancer cell division. Its TTFields delivery system is used for the treatment of glioblastoma (GBM) and to advance programs testing of TTFields in multiple solid tumor indications through its clinical pipeline. In addition to its clinical and commercial progress in GBM, it is planning or conducting clinical trials evaluating the use of TTFields in brain metastases, non-small-cell lung cancer (NSCLC), pancreatic cancer, ovarian cancer and mesothelioma. TTFields are delivered through a portable, medical device. The complete delivery system, which is designed to allow patients to go about their daily activities while receiving continuous cancer treatment, includes a portable electric field generator, transducer arrays, rechargeable batteries and accessories.

 

Number of employees : 598 people.

 

from yesterday

Novocure : Announces National Reimbursement in Israel for Optune® in Combination with Temozolomide for the Treatment of Newly Diagnosed Glioblastoma

https://www.marketscreener.com/NOVOCURE-LIMITED-24157014/news/Novocure-Announces-National-Reimbursement-in-Israel-for-Optune-in-Combination-with-Temozolomide-f-29867870/

 

https://www.finviz.com/insidertrading.ashx?oc=1194459&tc=7&b=2

Anonymous ID: d087da Jan. 22, 2020, 4:18 p.m. No.7880422   🗄️.is 🔗kun

Jamie Dimon says his one big worry is negative interest rates

 

-J.P. Morgan Chase CEO Jamie Dimon said that negative interest rates are one of the only things that concern him in a market that’s otherwise in a “Goldilocks place.” “The only thing I have trepidation about is negative interest rates, QE, and the diversion between stock prices and bond prices and yield and stuff like that,” Dimon said on CNBC’s “Squawk Box” from the World Economic Forum in Davos. “It’s kind of one of the great experiments of all time, and we still don’t know what the ultimate outcome is,” Dimon said.

 

Negative interest rates have been used by central banks in Japan and Europe to try to stimulate their stubbornly stagnant economies. Economists are divided over their effectiveness to reignite economic growth, and some fear negative rates can keep growth subdued rather than lift it. They have been used in conjunction with quantitative easing, in the U.S. and abroad, where central banks purchase assets like Treasury bills.

 

“I think it’s very hard for central banks to forever make up for bad policy elsewhere,” Dimon said. “That puts in them in a trap. We’re a little bit in that trap today with rates so low around the world.”

 

“I would never buy a negative rate bond, not unless I was forced,” Dimon added. “In history whenever you’ve seen anything like that, it doesn’t necessarily end well.”

that's because you 'buy' them and off-load them to the FRBNY within 24-48 hours.

https://www.cnbc.com/2020/01/22/jamie-dimon-says-his-one-big-worry-is-negative-interest-rates.html