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by missedthecue
378 days ago
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I was short the stock of a company called Novocure, and my thesis was based on the science. Novocure developed a literal helmet you wear on your head. It's designed to generate alternating electric fields at specific frequencies and blast them into your brain. I was skeptical, because biotech frauds are a dime a dozen, and nothing I could read in their literature made sense to me as a mechanism of action against GBM. The randomized, double-blind phase 3 trials came out and it turns out the helmet almost triples 5 year survival rates. For "high compliance" patients (i.e. those that followed their directions and wore the helmet in accordance with the treatment plan), 5 year survival rates jumped 6x. They're selling $600mm of these helmets a year now. Progress is uneven but it's always coming! |
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