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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."

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Results for ONVO
Jon
27 Apr 15 14:44:59
Take out the trash boyz! $ONVO $TRIL (I see a DM from the usual suspect in my near future...)
Peter Bardens
27 Apr 15 14:08:10
$ONVO Organovo Holdings Inc. Shares Cratered in March -- Here's Why http://t.co/lrVJ5RVGuz
Evert de Pender
27 Apr 15 13:14:35
$ONVO What happened today?
Emylers
27 Apr 15 13:07:04
ONVO Organovo Holdings Percent Declines: -7.51% Last: 4.80 Volume: 1,717,389 http://t.co/rheM9SS03c $ONVO #stocks ~
Mark Trader
27 Apr 15 12:32:13
Cool trading site I just found. https://t.co/T2poBg5XNW $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
CantDoIt
27 Apr 15 11:48:24
RT @marketminute: $ONVO featured last week-still in play provided it holds now over 4.85-no pos but stalking
Michele Schneider
27 Apr 15 11:37:44
$ONVO featured last week-still in play provided it holds now over 4.85-no pos but stalking
Brian Bolan
27 Apr 15 10:42:45
PC Load Letter / 3-D Printer Jam $DDD $XONE $SSYS $ONVO $PRLD $CAMT $VJET http://t.co/U8JFkRifLY
Your WallSt Reporter
27 Apr 15 10:38:49
MaximumPenny New Pick! The BIGGEST MJ Play of 2015 is $UBQU ! See link: http://t.co/GHbsfvaZqp $THCZ $NGCG � $ONVO $BTG $LNG
clayton
27 Apr 15 10:28:53
$BCC stock Change Click Here: http://t.co/5oCW9GhIAv Also See: $ALGN $PII $LBRDA $ONVO #stockmarket #tradeideas ~
TradeWarrior
27 Apr 15 09:31:45
$ONVO getting back to support levels from where it usually becomes a #gapper .... $SPY $SPX #STOCKS http://t.co/6KXmgmRiF6
Carleton, E. S.
27 Apr 15 09:00:48
$ONVO nice short scalp
Damiano L. Pulcini
27 Apr 15 08:40:25
$IMGN $GEVO $ENZN $HSGX $ONVO $ATHX $PAR $CTIC $BDSI $OPK $TRIL $INSY $VHC $CVM $CGIX $ASTI $DDD $FXCM $LBIO $BBRY $MSFT
Mark Trader
27 Apr 15 07:41:33
Cool trading site I just found. https://t.co/T2poBg5XNW $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
Thomas Collins
27 Apr 15 07:02:27
$ONVO Can Organovo Holdings Inc. Bounce Back? http://t.co/7mgd5ejzC6
Russell Barbour
27 Apr 15 06:59:28
http://t.co/fmOyM2fDu1 <--- Amazing subscriber to Super_Trades - check out his profit chart!! $ZNGA $SIRI $S $ONVO $LQMT $KWK $CNET
Stocks News&Markets
27 Apr 15 06:51:05
$ASEI down -14.2% today! Check out this trade http://t.co/jAv9OlNyHH I made 13% on $ONVO JOIN US LIVE: http://t.co/EQWvol9jCo
CrushingTheMarket
27 Apr 15 06:25:40
$ONVO money train is moving choo choo tickets can be found at your local broker $tour $leju $fmcc $fnma $oslh $kone $optt $prsn $rcpi $nvgn
Daniele Mancinelli
27 Apr 15 05:10:15
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Stocks Newswire
27 Apr 15 04:32:16
Eye Catching Stocks: http://t.co/lruwNZ3qem $GOL $AAL $CX $ONVO
SmallCaps
27 Apr 15 03:47:08
http://t.co/LnWZaIJviH <--- Amazing subscriber to Super_Trades - check out his profit chart!! $ZNGA $SIRI $S $ONVO $LQMT $KWK $CNET
B2BEUROPE
27 Apr 15 01:30:57
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Mr.3Deeprint
26 Apr 15 23:56:11
Organovo Holdings’s Buy Rating Reaffirmed at Cantor Fitzgerald $ONVO http://t.co/22ZpMWCYfq lähteestä @RatingsNetwork
Mr.3Deeprint
26 Apr 15 22:23:14
RT @AmericanBanking: Organovo Holdings Earns “Buy” Rating from Cantor Fitzgerald $ONVO http://t.co/LuyVnRAAK4
Russell Barbour
26 Apr 15 21:15:12
http://t.co/fmOyM2xelz <--- Amazing subscriber to Super_Trades - check out his profit chart!! $ZNGA $SIRI $S $ONVO $LQMT $KWK $CNET
Russell Barbour
26 Apr 15 20:10:02
http://t.co/xQoCh2lsYk SuperTrades student on track to $1 million profit 1st year trading! $ADXS $RTRX $ONVO $ECIG $FB $TWTR $LIVE
dailystockplays.com
26 Apr 15 20:00:45
Stochastic Overbought http://t.co/AaKs2WnZTk $SCCO $SINA $HFC $CTXS $CDNS $VZ $CLDX $BSBR $WEC $SBS $NSC $MPC $ONVO $FBHS $FAST $ASTI $TIVO
Your WallSt Reporter
26 Apr 15 18:54:43
Our New Pick! - The BIGGEST MJ Play of 2015 is $UBQU ! See link: http://t.co/GHbsfuTo1P $THCZ - � $ONVO $BTG $LNG
Charles Medd
26 Apr 15 16:16:23
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Allandnnn
26 Apr 15 15:19:34
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
大ちゃん
26 Apr 15 14:57:36
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Denis Roditi
26 Apr 15 14:31:58
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Antonis Avgoustakis
26 Apr 15 14:14:54
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
aplym
26 Apr 15 14:14:25
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Mert M.Kaptan
26 Apr 15 14:02:08
RT @3DPrint_com: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/0pFqTYGDqG http://t.c…
Felix Velarde
26 Apr 15 14:00:34
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
FabbingFounding
26 Apr 15 13:58:53
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Sarah Weber
26 Apr 15 13:58:16
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Anarchist Dalek
26 Apr 15 13:56:53
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
Piedpiper
26 Apr 15 13:56:34
RT @3DPrintGirl: Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.c…
3DPrint
26 Apr 15 13:56:03
Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/0pFqTYGDqG http://t.co/TEWzhrCSXZ
3D Printing News
26 Apr 15 13:56:01
Organovo $ONVO & Merck Enter Multi-year Research Partnership for 3D Printed Human Tissue http://t.co/HxOzY7s2qQ http://t.co/TnntfPUwv1
Dave
26 Apr 15 08:38:15
http://t.co/L46QQZciCc alerted over 10,000% in gains last month. Wowser. $PLUG $AMCN $SQNM $CRK $IDRA $RGSE $BCLI $NIHDQ $ONVO
Mark Trader
26 Apr 15 08:27:11
Cool trading site I just found. https://t.co/T2poBgnyFu $SGYP $KEG $FXCM $SNTA $BSBR $ONVO $XOMA $STEM $AKS
US Banking News
26 Apr 15 05:01:41
Organovo Holdings Earns “Buy” Rating from Cantor Fitzgerald $ONVO http://t.co/LuyVnRAAK4
Richie Moku
26 Apr 15 05:00:17
RT @StockNews_: $ONVO - Organovo Holdings's Buy Rating Reaffirmed at Cantor Fitzgerald (ONVO) http://t.co/4lHKrD3Jf5
Ticker Report
26 Apr 15 04:57:16
Organovo Holdings’s Buy Rating Reaffirmed at Cantor Fitzgerald $ONVO http://t.co/uN5URn6lzP
Clover Bragg
26 Apr 15 04:56:38
$ONVO - Organovo Holdings's Buy Rating Reaffirmed at Cantor Fitzgerald (ONVO) http://t.co/w5p3mqjofj
Stocks News&Markets
26 Apr 15 04:56:37
$ONVO - Organovo Holdings's Buy Rating Reaffirmed at Cantor Fitzgerald (ONVO) http://t.co/J8X29Q2VHe
StockNews
26 Apr 15 04:56:36
$ONVO - Organovo Holdings's Buy Rating Reaffirmed at Cantor Fitzgerald (ONVO) http://t.co/4lHKrD3Jf5
				
				
By  +Follow October 22, 2013 7:47AM
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