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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
SmallCaps
30 Aug 15 00:26:15
http://t.co/JqX1kz8hYt SuperTrades student on track to $1 million profit 1st year trading! $ADXS $RTRX $ONVO $ECIG $FB $TWTR $LIVE
PennyStock Zone
29 Aug 15 16:36:07
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Investors Hangout
29 Aug 15 14:41:06
JDST Direxion Daily Junior Gold Miners Index Bear 3X Shares Filings http://t.co/UhOD6Ox1TK $JDST $ONVO $FXY $CELG #JDST #invest…
Emylers
29 Aug 15 14:38:35
FXE Currency Shares Euro Trust Change http://t.co/kqou6AhtZd $FXE $ONVO $ESLT $BB.TO #FXE #share #pennystocks
Lucky Jimmy
29 Aug 15 14:36:03
CSU.TO Constellation Software Inc News http://t.co/A5c2aBsGuE $CSU.TO $TZA $ONVO $BAC #CSU.TO #share #nasdaq
LongTermTrading
29 Aug 15 11:41:17
http://t.co/1BeHTkmlaz SuperTrades student on track to $1 million profit 1st year trading! $ADXS $RTRX $ONVO $ECIG $FB $TWTR $LIVE
SmallCaps
29 Aug 15 01:50:56
http://t.co/JqX1kyQH6V SuperTrades student on track to $1 million profit 1st year trading! $ADXS $RTRX $ONVO $ECIG $FB $TWTR $LIVE
Stock Rocket
29 Aug 15 01:36:18
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! We Have A HUGE New Pick In The Works: http://t.co/wNx8NkJOZ4 $STNG $ONVO
PennyStock Zone
29 Aug 15 01:36:09
http://t.co/iBFjWC0v3b <--- Amazing subscriber to Super_Trades - check out his profit chart!! $ZNGA $SIRI $S $ONVO $LQMT $KWK $CNET
WatchTheFunds
28 Aug 15 19:31:01
$ONVO Institutional ownership up 12.04% Q/Q, with 2,493,370 net purchase http://t.co/wBctdJeyOk http://t.co/qTSoseRFYP
Stock Rocket
28 Aug 15 18:33:28
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! We Have A HUGE New Pick In The Works: http://t.co/wNx8NkJOZ4 $ONVO $BTG $LNG
Stockaholics
28 Aug 15 18:03:08
Platinum Subscribers Saw Our Stock Picks Gain 4,000% In 10 Months! See Our New Pick: http://t.co/g5i9WatmiT $ONVO $BTG $LNG
Stock Dawgzz
28 Aug 15 17:56:12
Our Platinum Members Saw Stock Picks Gin Over 550% In 5 Weeks! See Our Exclusive New Pick: http://t.co/V9CRygFGCi $ONVO $BTG $LNG
StockenheimerSchmidt
28 Aug 15 17:52:24
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Stock_Tracker
28 Aug 15 15:42:34
ONVO Organovo Holdings, Inc. EOD Data http://t.co/uWMy1OJL1e $ONVO $UPRO $JNK $TAN #ONVO #stocks #nasdaq
IH News Desk
28 Aug 15 15:37:33
FXE Currency Shares Euro Trust P/E Ratio http://t.co/RdvYW4vo7C $FXE $SLV $ONVO $XLF #FXE #tradeideas #invest
emsnlusdad
28 Aug 15 13:07:11
$ONVO continued EOD action. Getting ready to pop. Good weekend all.
SmallCaps
28 Aug 15 08:51:16
http://t.co/JqX1kyQH6V SuperTrades student on track to $1 million profit 1st year trading! $ADXS $RTRX $ONVO $ECIG $FB $TWTR $LIVE
Alex Gerela
28 Aug 15 08:44:05
$ONVO voted #2 https://t.co/75JqaSxg0g
danrocks
28 Aug 15 07:43:20
Right now ONVO is number 33 for the largest percentage gain out of 250 stocks. $ONVO ONVO is up +19.63% in the http://t.co/seZzGzYBN5
Max'sPain
28 Aug 15 06:57:40
@JasonBondPicks Look at $ONVO .. wants to get back over $3
WatchTheFunds
28 Aug 15 06:57:02
$ONVO Institutional ownership up 12.04% Q/Q, with 2,493,370 net purchase http://t.co/wBctdJeyOk http://t.co/gmpax2LFUf
Wu Weed
28 Aug 15 06:35:58
nice open $onvo
jomarie
28 Aug 15 06:21:00
$ONVO #Organovo revenue grows as a result of #3Dprinted #exVive3D liver tissue => http://t.co/kFY4MQHEbk...
FonsieTrader
28 Aug 15 05:13:40
Trade Ideas for Friday, August 28 $BTU $BBRY $ONVO $OHRP $KITE $SQM http://t.co/LPTzZ1PIU2 Also on watch $WBAI $SUNE $GPRO $NOG $BTE $OAS
Mr.3Deeprint
28 Aug 15 04:08:28
$ONVO READY TO GO UP!
Domenico Traverso
28 Aug 15 03:11:37
Has $ONVO reached the bottom? #stocks #organovo http://t.co/SElJ7FwWTf
PennyStock Zone
28 Aug 15 01:18:05
[Free Video] http://t.co/NZsuLWAAjQ <-- The Dirty Little Secrets of the Pennystock World! $ONVO $GBX $INFA $CLVS $JPM #stocks
Stock Rocket
27 Aug 15 21:01:26
Our Penny Stock Alerts Gained 550% In Less Than 6 Weeks! We Have A HUGE New Pick In The Works: http://t.co/wNx8NkJOZ4 $STNG $ONVO
Stockaholics
27 Aug 15 20:52:08
Platinum Subscribers Saw Our Stock Picks Gain 4,000% In 10 Months! See Our New Pick: http://t.co/g5i9WatmiT $STNG $ONVO
Stock Dawgzz
27 Aug 15 20:46:56
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StockenheimerSchmidt
27 Aug 15 20:45:14
Our Penny Stock Picks Have Been Seeing MASSIVE gains! We Have A Big New Pick Coming: http://t.co/kfHwjHzHOI $STNG $ONVO
Penny Stockington
27 Aug 15 20:41:48
Our Stock Alert On $GEQU Nearly QUADRUPLED In 2 Weeks! Special Update: http://t.co/EYbtsRpShV $STNG $ONVO
David Adler
27 Aug 15 20:30:50
@hecht_dan I'm glad I sold a few losers like $pgn $nadl $onvo
emsnlusdad
27 Aug 15 15:15:54
$ONVO what's with EOD volume?
Clair Voight
27 Aug 15 15:05:13
$ONVO Why Organovo Holdings Inc. Stock Tanked in July http://t.co/MAzQrBx39x
Samuel Brown
27 Aug 15 15:05:08
$ONVO Large Inflow of Money Witnessed in Organovo Holdings, Inc. http://t.co/ZNBPl2Cbxp
WatchTheFunds
27 Aug 15 14:48:03
$ONVO Institutional ownership up 12.04% Q/Q, with 2,493,370 net purchase http://t.co/wBctdJeyOk http://t.co/7zTsCnGWnR
John L. Bair
27 Aug 15 14:46:37
"@FonsieTrader Trade Ideas for Friday, August 28 $BTU $BBRY $ONVO $OHRP $KITE $SQM http://t.co/MaJHferMMl" GR8!
FonsieTrader
27 Aug 15 14:46:19
Trade Ideas for Friday, August 28 $BTU $BBRY $ONVO $OHRP $KITE $SQM http://t.co/v55vpbHYDU #stocks #trading #daytrading
GreenCulturePodcast
27 Aug 15 13:00:15
$ONVO strong into the close. looking to rally more tomorrow here. glad i at 2.08 and again at 1.95
Wu Weed
27 Aug 15 12:57:23
$onvo eod +++ wu tang
Tonia Shaw
27 Aug 15 10:02:11
My winning biotech's today $AMDA, $ONVO, $RXII, $SYN. My other winners are $CCJ & $SHLD.
Sweet Platform
27 Aug 15 09:34:44
ONVO Top news - Aug 27th, 2015 $ONVO http://t.co/U2XZdUQGL4
Jon Vince
27 Aug 15 08:13:39
RT @WuTangCannabis: $onvo moving
Wu Weed
27 Aug 15 08:03:03
$onvo moving
danrocks
27 Aug 15 07:56:52
Right now ONVO is number 47 for the largest percentage gain out of 250 stocks. $ONVO ONVO is up +13.55% in the http://t.co/3VPCWDuG3B
Large Void Bot
27 Aug 15 07:47:12
10:47 Pops: $ONVO +3.9%
Large Void Bot
27 Aug 15 07:40:13
10:40 Drops: $AMSC -5.2%, $ONVO -4.1%
WatchTheFunds
27 Aug 15 07:24:04
$ONVO Institutional ownership up 12.04% Q/Q, with 2,493,370 net purchase http://t.co/wBctdJeyOk http://t.co/vQA1CRKCyC
				
				
By  +Follow October 22, 2013 7:47AM
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