Over 55,000 people in the US will be diagnosed with pancreatic cancer this year, according to the American Cancer Society, while over 44,000 people will die from the disease. Pancreatic cancer accounts for about 3% of all cancers in the US and about 7% of all cancer deaths. Pancreatic cancer has very low survival rates—the one-year survival rate is 20%, and the five-year rate is 7% for all stages of pancreatic cancer—as less than 20% of patient tumors are confined to the pancreas at the time of diagnosis, according to the Hirshberg Foundation for Pancreatic Cancer Research. In most cases, the malignancy has already progressed to the point where surgical removal is impossible.
US Oncology Research is the research division of US Oncology Network, one of the largest networks of integrated, community-based oncology practices and a subsidiary of McKesson
US Oncology Research will open 10 clinical trial sites to enroll patients in Novocure’s Phase 3 study, which will include 556 patients with unresectable locally advanced pancreatic cancer. Patients should have an Eastern Cooperative Oncology Group (ECOG) score of 0-2 and no prior progression or treatment.
Our strategic collaboration with US Oncology Research is an important milestone as we aim to bring better treatment options to patients with pancreatic cancer. We believe this relationship will accelerate enrollment of patients in our PANOVA-3 trial.
– Eilon Kirson, MD, PhD, Chief Science Officer and Head of Research and Development, Novocure.
Novocure is headquarted in St. Helier in Jersey, with operations in Portsmouth, New Hampshire, Switzerland, Germany, Japan and Israel. The company generated revenues of $217 million in the 12 months ended June 20, 2018, substantially all from sales of its Tumor Treating Fields device in treating glioblastoma multiforme. The company has already reported positive Phase 2 results this year in ovarian cancer and mesothelioma, and, in June 2018, began a Phase 2 pilot trial in liver cancer.
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