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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
Stockaholics
15 Sep 14 15:58:25
Our SECRET Alert on $INOH Closed Up 60% For Platinum Members Today! Major News: https://t.co/HzD6J3YtmW $ONVO $BTG $LNG
Joanna Valdez
15 Sep 14 14:21:54
RT @valuewalk: $ONVO wins lawsuit against short seller, Simeon Research
3DPrintingStocks.com
15 Sep 14 13:36:05
$DDD $SSYS $XONE $AMAVF $VJET $ONVO are the components of the "3D Printing Stock Index", which lost 3.1% today @ https://t.co/zvTJ6VVQK0
DamnGoodTrader
15 Sep 14 13:33:59
$GSAT $BTG $TXMD $LNG $ANV $NGD $CFP $EOX $ONVO $TPLM $GST $FB $AAPL $SPY $OREX $TWTR $ALKM $KIOR http://t.co/DN48peiDCI
Daily Contracts
15 Sep 14 13:22:02
Real-Time feed of company contracts, original agreements and executive updates from Organovo Holdings, Inc. $ONVO http://t.co/SAjv6lsBUi
Big Money
15 Sep 14 12:52:59
$ONVO whats with this volume spikes. 500k AH friday, now this. its almost as if their trying to pump up the volume. somebody wake me at$11+
Stockaholics
15 Sep 14 12:29:36
$DKAM Shot Up 150% And Has Seen Over 400 MILLION Volume Today! Huge News: http://t.co/PmkoXscmSi $ONVO $BTG $LNG
Big Money
15 Sep 14 12:05:27
$ONVO and $DGLY for green days tomorrow
Big Money
15 Sep 14 11:38:01
$ONVO wow nobody noticed the volume spike? okay how about when new high of day hits in a minute? no, ok how about red to green?
Dave Kelly
15 Sep 14 11:35:48
If the market repeats it's 2014 patterns, buyers will step in. $TWTR $TUBE $VEEV $ONVO $FB
Big Money
15 Sep 14 11:20:47
hey there $ONVO 300k volume spike :)
SpoonFedStocks
15 Sep 14 11:06:25
@SpoonFedStocks Ugly candles: $DDD, $TWTR, $YOKU, $SDRL, $NTLS, $ONVO
TV_Trading Ideas
15 Sep 14 11:00:51
onvo $ONVO http://t.co/svYmsxzCOq
Stockaholics
15 Sep 14 09:31:24
We just released a major mid-day alert on MLHC! Check it out: http://t.co/zPRXsXfAGO $ONVO $BTG $LNG
Big Money
15 Sep 14 09:27:57
$ONVO bottom on the daily
Jeet
15 Sep 14 08:32:39
Glad I sold off last week with a 24% gain combined overall in $gild $mnkd $aapl and $born still holding a small position in $onvo for long
unemon
15 Sep 14 06:14:50
Simeonresearch ... will we hear again from you ? $ONVO Wins Suit Against Simeon Research. Doesn't Change the THAT Fact $ONVO's worth is $1.
Sheeraz Raza
15 Sep 14 06:13:35
RT @JacobWolinsky: $ONVO lawsuit update - will see if we can say more... http://t.co/RrSz3L3vPF
Jacob Wolinsky
15 Sep 14 06:11:01
$ONVO lawsuit update - will see if we can say more... http://t.co/bdHaSw6e3K
ValueWalk
15 Sep 14 06:07:53
UPDATED: Organovo Wins Suit Vs Simeon Research http://t.co/tnliCcvtJY $ONVO
BV Healthcare
15 Sep 14 05:12:44
$ONVO Organovo Holdings, Inc.'s Presentations Now Available for On-Demand viewing at RetailInvestorCon.. http://t.co/s9ijolnniT
Clover Bragg
15 Sep 14 05:10:16
$ONVO - Current Report Filing (8-k) http://t.co/OapgugLoX1
StockNews
15 Sep 14 05:10:14
$ONVO - Current Report Filing (8-k) http://t.co/TGlKjxPubQ
Pzaa...Guy
15 Sep 14 05:10:09
$ONVO - Current Report Filing (8-k) http://t.co/A2o36ZmGGz
VisualStock Resource
15 Sep 14 05:10:08
$ONVO - Current Report Filing (8-k) http://t.co/WLJ5z2p5bO
NASDAQ
15 Sep 14 05:10:06
$ONVO - Current Report Filing (8-k) http://t.co/ydgKP0Lmk3
4-traders.com
15 Sep 14 05:10:04
ORGANOVO : Regulation FD Disclosure (form 8-K) http://t.co/55AYgYhARQ $ONVO
BV Healthcare
15 Sep 14 05:07:13
$ONVO Organovo Holdings, Inc files Form 8-K (Events or Changes Between Quarterly Reports) SEC Filing.. http://t.co/Vhd7AMIn1S
4-traders.com
15 Sep 14 05:05:13
Organovo : Presentations Now Available for On-Demand viewing at http://t.co/fn2UiWICyd http://t.co/Zt5sE08lXY $ONVO
Jacob Wolinsky
15 Sep 14 05:02:49
Is this a first @ActivistShorts ? $ONVO wins libel suit against Simeon Researchhttp://goo.gl/BAJMHY
Organovo News
15 Sep 14 05:00:47
Organovo Holdings, Inc.'s Presentations Now Available for On-Demand viewing at http://t.co/Hnz2U5sKNQ http://t.co/GD1tfHNodn $ONVO
ZOZO
15 Sep 14 04:54:04
Pre-Market Winners/Losers $MAGS $RWLK $HALO $OTIV / $ARTX $NETE $CREE $ONVO link http://t.co/j7Xv2T0PAs
apppro
15 Sep 14 04:29:51
Organovo Holdings Inc $ONVO Wins Suit Against Simeon Research http://t.co/25MyYwR3hg via @ValueWalk
Stockaholics
15 Sep 14 02:17:17
Major New SECRET Penny Stock Pick, Being Released Today! Check this out: http://t.co/GkkI6iYH5Y $ONVO $BTG $LNG
slut whisperer
14 Sep 14 20:12:50
$ONVO one of my more favorite penny stock garbage test of 7.75s http://t.co/ncmJqVZTvq
Jacob Wolinsky
14 Sep 14 19:08:51
$ONVO court doc from May http://t.co/uHpOPRRHEm
Dave Kelly
14 Sep 14 19:05:44
$ONVO Wins lawsuit against short-seller. http://t.co/4suAuNKi4Z
Jacob Wolinsky
14 Sep 14 18:51:40
I saw in earlier filing my emails were requested in this case: $ONVO Wins Suit Against Simeon Research http://t.co/SMOqrxBup2
Stockbuyer2014
14 Sep 14 18:45:38
RT @valuewalk: $ONVO wins lawsuit against short seller, Simeon Research
ValueWalk
14 Sep 14 18:34:41
$ONVO wins lawsuit against short seller, Simeon Research
Stockaholics
14 Sep 14 01:42:15
$VOIS Surged Up 191.7% In The Past Week! Subscribe to Our Newsletter Alerts: http://t.co/XkL8Re7uuZ $ONVO $BTG $LNG
TV_Trading Ideas
13 Sep 14 21:15:56
ONVO time to move high? $ONVO http://t.co/TiX2bM4LCx
Stockaholics
13 Sep 14 19:01:15
$VOIS Surged Up 191.7% In The Past Week! Subscribe to Our Newsletter Alerts: http://t.co/XkL8Re7uuZ $ONVO $BTG $LNG
: ) MrsGAttitude : )
13 Sep 14 07:26:15
RT @VitaBrevisBebe: Retail investors get some respect from $ONVO other co.s cld take note. http://t.co/fkx2nAdt9H
Taalib Aman
13 Sep 14 06:58:03
RT @zozotrader: $ONVO Man whose head was crushed in an accident gets 3D printed titanium skull #BI_GameChangers http://t.co/EoE39XKTxX
ZOZO
13 Sep 14 06:43:24
$ONVO Man whose head was crushed in an accident gets 3D printed titanium skull #BI_GameChangers http://t.co/EoE39XKTxX
Stockaholics
13 Sep 14 06:04:05
$VOIS Surged Up 191.7% In The Past Week! Subscribe to Our Newsletter Alerts: http://t.co/XkL8Re7uuZ $STNG $ONVO
Moi
13 Sep 14 01:43:54
Retail investors get some respect from $ONVO other co.s cld take note. http://t.co/fkx2nAdt9H
OTPicks.com
12 Sep 14 16:29:27
http://t.co/hjgLwIcNgz leahanne: $ONVO Organovo Holdings (ONVO) 7.37 -0.03: leahanne http://t.co/mzVwL8Tk8w http://t.co/hjgLwIcNgz
OTPicks.com
12 Sep 14 16:29:26
http://t.co/QkCFZ8H3V8 leahanne: $ONVO Organovo Holdings (ONVO) 7.37 -0.03: leahanne http://t.co/rn1NEn0x9F http://t.co/QkCFZ8H3V8
				
				
By  +Follow October 22, 2013 7:47AM
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