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Organovo (ONVO) Leaps on Positive 3D Liver Tissue Data

By  +Follow October 22, 2013 7:47AM
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Shares in Organovo (ONVO) leapt over 8 percent in early trading on Tuesday, with the catalyst coming when the company presented data showing that their 3D, bioprinted liver tissue could retain key liver functions for up to 40 days. The gains continue a strong year for Organovo, which has added over 150 percent since the beginning of 2013.

3D Bioprinting Should Benefit Drug Studies

Organovo uses bioprinting technology that layers human cells to create functional human tissue. The long-term goal would be to create functional human organs, but the near-term goals are focused on creating technology for use in research and testing. Organovo’s 3D bioprinted tissue can be used in testing the toxicity of experimental pharmaceuticals early in the R&D process, allowing pharmaceutical companies to potentially save billions on drug development by identifying issues with experimental drugs before bringing them to clinical trials.

The data, which is being presented at the 3rd Annual Cell Therapy Bioprocessing Conference, also showed that Organovo’s liver tissue demonstrated dose-dependent to acetaminophen, a liver-toxicant, meaning the tissue could be used to assess toxicology issues for a human liver.

Results Are Ahead of Schedule

The results for the bioprinted liver tissue demonstrate that Organovo’s concepts are coming much sooner than previously anticipated. Earlier timelines gave Organovo until the end of the year to produce results like these. The company remains on track for a 2014 launch of their 3D human liver product.

"This additional functional validation of Organovo's 3D Liver continues the demonstration of strong performance of these tissues," said CEO Keith Murphy.  "In April we were able to show that liver function was retained in our 3D Liver for over five days, and we have now demonstrated that our tissues perform consistently for at least 40 days, a significant improvement over the average 48 hour performance of 2D cultures.  The stable, liver-specific functionality of 3D Liver is consistent with our observations that other NovoGen bioprinted tissues become fully cellular, steady state, living tissues that persist over time.  Furthermore, the fact that these tissues demonstrate similar activity to native liver when presented with a known challenge drug is an encouraging indication of utility in drug development."

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


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Results for ONVO
3Dprintonomics
22 Nov 14 17:23:53
RT @Organovo: Organovo Announces Commercial Release of the exVive3D™ Human Liver Tissue http://t.co/iLJ2tjKYoF $ONVO
Stockaholics
22 Nov 14 13:38:50
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unemon
22 Nov 14 13:13:42
do a simple GooG search for "exVive3D". No results other than Financial blogs + Co PR. Unless Pumpers buy "exVive3D", $ONVO is going down
unemon
22 Nov 14 13:10:04
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21 Nov 14 23:53:54
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21 Nov 14 17:26:27
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Sarcasm Bot
21 Nov 14 14:26:36
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21 Nov 14 14:00:40
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B3dgeable
21 Nov 14 13:44:50
RT @ARKindu: Wondering whether $ONVO #3Dprinted liver product will be better than Insphero's? Differences here: http://t.co/aD1khx1t2o
ARK Indu Innovation
21 Nov 14 13:34:00
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Stockaholics
21 Nov 14 11:27:01
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21 Nov 14 10:18:39
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OptionsPlay
21 Nov 14 09:32:20
$ONVO s/t and l/t trends turns bearish today as it tests its $6.32 support level http://t.co/v5cLcwwJOJ
Stock Status
21 Nov 14 09:04:42
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FRANCIS MARTINEZ
21 Nov 14 06:48:33
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Penny Stock Secret
21 Nov 14 06:36:58
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Joe Hefferon
21 Nov 14 06:03:28
RT @nyswiss1: The Strange and Radical New World of 3-D Printed Body Parts | WIRED http://t.co/BrJf7HI519 $ONVO
Random Stocks Daily
21 Nov 14 05:55:28
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Joe Hefferon
21 Nov 14 05:52:50
RT @Organovo: Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcas... http://t.co/bo…
Lea
21 Nov 14 03:59:14
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Penny Stock Secret
21 Nov 14 03:54:42
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20 Nov 14 23:58:54
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20 Nov 14 22:51:02
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BankerBros
20 Nov 14 20:48:47
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poop
20 Nov 14 12:20:08
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Stockaholics
20 Nov 14 11:55:02
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Jason Napodano, CFA
20 Nov 14 11:09:19
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BiotechSage
20 Nov 14 11:08:55
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Mededitor
20 Nov 14 10:28:33
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John Beckwith
20 Nov 14 06:25:59
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David Veprek
20 Nov 14 06:08:16
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Greg Appleton
20 Nov 14 06:03:07
RT @ttranpham: Organovo: Liver Tissue #3Dprinting Has Arrived? | tuan@tranpham.com | $ONVO | http://t.co/WKRQMaILwX
JanMiotto
20 Nov 14 05:57:00
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Green Guy Finance
20 Nov 14 05:45:20
RT @Organovo: Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcas... http://t.co/bo…
Rapid Prototyping
20 Nov 14 05:44:37
RT @ttranpham: Organovo: Liver Tissue #3Dprinting Has Arrived? | tuan@tranpham.com | $ONVO | http://t.co/WKRQMaILwX
Penny Stock Secret
20 Nov 14 05:39:49
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ZOZO
20 Nov 14 05:34:04
RT @Organovo: Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcas... http://t.co/bo…
Tuan TRANPHAM
20 Nov 14 05:34:00
Organovo: Liver Tissue #3Dprinting Has Arrived? | tuan@tranpham.com | $ONVO | http://t.co/WKRQMaILwX
Joe Hefferon
20 Nov 14 05:31:46
RT @Organovo: Organovo to Present at the 26th Annual Piper Jaffray Healthcare Conference http://t.co/7wONaZm86T $ONVO
Organovo News
20 Nov 14 05:29:23
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Karen Keeley
20 Nov 14 05:17:55
RT @StockNews_: $ONVO - Organovo to Present at the 26th Annual Piper Jaffray Healthcare Conference http://t.co/VT8CPSgQP9
Clover Bragg
20 Nov 14 05:07:20
$ONVO - Organovo to Present at the 26th Annual Piper Jaffray Healthcare Conference http://t.co/JbrpNm6o3m
StockNews
20 Nov 14 05:07:19
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Stocks News&Markets
20 Nov 14 05:07:16
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NASDAQ
20 Nov 14 05:07:14
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Pzaa...Guy
20 Nov 14 05:07:07
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Organovo News
20 Nov 14 05:05:24
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Stockaholics
20 Nov 14 03:50:04
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iHangout
20 Nov 14 01:44:13
http://t.co/v9Q35OcbGf chartguy89: Stock Charts: ONVO 6.54 Stock Charts $ONVO Organovo Holdings http://t.co/5Z0GZ1UQX3
				
				
By  +Follow October 22, 2013 7:47AM
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