Novocure Ltd at Piper Sandler Healthcare Conference Transcript

Nov 30, 2023

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Nov 29, 2023 / 08:30PM GMT
Jason M. Bednar - Piper Sandler & Co., Research Division - Director & Senior Research Analyst

Good afternoon. I'm Jason Bednar. I cover med tech here at Piper. Next fireside chat is with NovoCure. Very happy to have with us today, Executive Chairman, Bill Doyle; and CFO, Ashley Cordova. Thanks a lot for being here, both of you. Really appreciate it.

Questions and Answers:

Jason M. Bednar - Piper Sandler & Co., Research Division - Director & Senior Research Analyst

So why don't we get right Q&A. A lot going on with the business right now. We did just -- I first wanted to touch on really the latest news. We had a press release yesterday, 8-K discussing a fairly large restructuring I think the first that I can recall for the business, some headcount reductions, I think it looks to me like maybe just some good corporate hygiene. I don't -- maybe that's insensitive, but really trying to prepare the business for that next stage of growth. So I don't want to put words in your mouth, but how did you come to the kind of the conclusion that now

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