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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
pete doom
1 Oct 14 13:28:38
$ONVO with some nice after hours purchases. Hit 6 month low today. Should bounce back nicely
Big Money
1 Oct 14 12:43:12
@NerdElert $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:43:06
@FioritoJarrad $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:42:59
@SKITHEG $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:42:53
@DerrickLeon719 $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:42:43
@DaveHegedus $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:42:13
@mikep051 $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:42:05
@biotrader4gain $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:41:58
@TradesForNow $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:41:46
@parabol128 $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:41:39
@greeninvestco $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:41:35
@cuzmane $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:41:27
@PipsToDollars $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:41:00
@Investor4201 $ONVO 3D printed liver & kidney tissue. Ebola research!
Big Money
1 Oct 14 12:34:18
$ONVO next for ebola research ............. $LAKE $TKMR
Stockaholics
1 Oct 14 11:58:32
New, SECRET penny stock alert coming today! Check it out: http://t.co/A2y8IBJKSf $STNG $ONVO
Stockaholics
1 Oct 14 11:24:13
New, SECRET penny stock alert coming today! Check it out: http://t.co/A2y8IBJKSf $ONVO $BTG $LNG
Big Money
1 Oct 14 10:29:53
$ONVO next ebola stock? $TKMR
Big Money
1 Oct 14 10:27:01
$ONVO 3D printed liver tissue could help find the cure for ebola $TKMR
3DPrinting24_7
1 Oct 14 10:26:58
3D printing stocks hit hard amid market selloff http://t.co/BQECrhTcM1 $XONE, $VJET, $DDD, $SSYS, $CAMT, $ONVO, $AMAVF
Ecco
1 Oct 14 09:41:43
$HART $ONVO going down / red today
Daily Contracts
1 Oct 14 09:14:01
Real-Time feed of company contracts, original agreements and executive updates from Organovo Holdings, Inc. $ONVO http://t.co/SAjv6lsBUi
Stockaholics
1 Oct 14 09:12:02
New, SECRET penny stock alert coming today! Check it out: http://t.co/pizgVE756a $STNG $ONVO
Stockaholics
1 Oct 14 08:41:33
New, SECRET penny stock alert coming today! Check it out: http://t.co/pizgVE756a $ONVO $BTG $LNG
Tr@drf*ckr
1 Oct 14 01:54:36
“@StockBoardAsset: $ONVO Market recognizing btm signaled as Hammer/Morning star variation debuting on daily. http://t.co/PsTjkrbmLU”
Tr@drf*ckr
1 Oct 14 01:54:00
“@Organovo: Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/Rjgl4S6mXX $ONVO”
Stockaholics
30 Sep 14 18:51:05
FPFI closed up 250% today! Huge Update and new pick coming: http://t.co/wSPWepHL5n $STNG $ONVO
Thestockwhisper
30 Sep 14 16:55:05
@Mededitor @israeli_bulls $onvo is due for one of them 200 percent days
Stockaholics
30 Sep 14 16:11:49
FPFI closed up 250% today! Huge Update and new pick coming: http://t.co/wSPWepHL5n $ONVO $BTG $LNG
Sean Hathaway
30 Sep 14 14:41:11
@jimcramer Thoughts on $ONVO ?
Mededitor
30 Sep 14 13:20:17
@israeli_bulls I'm way long on it, along with $DDD, $XONE, and $ONVO - part of my 3D printing portfolio.
Sean Hathaway
30 Sep 14 10:37:04
Some companies that don't just have the potential to be market-movers, but game-changers for the future $GLD $RGN $DDD $ONVO $AMGN $TSLA
Momz Day Trading
30 Sep 14 10:07:21
$ONVO curling up
SBA
30 Sep 14 08:40:31
$ONVO Market recognizing btm signaled as Hammer/Morning star variation debuting on daily. http://t.co/vL1HG9Cxoi
Stockaholics
30 Sep 14 08:38:36
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $STNG $ONVO
Thestockwhisper
30 Sep 14 08:27:12
buy $ONVO $AAPL $XONE $SD $AAL
Thestockwhisper
30 Sep 14 08:25:17
$onvo is projected release liver tissue news by the end of 2014....Then it flys
Stockaholics
30 Sep 14 08:03:20
$VOIS gained 218.52% in less than 3 weeks, after our Penny Stock Alerts! Major Update: http://t.co/HglCNdSVSO $ONVO $BTG $LNG
SBA
30 Sep 14 07:15:52
$ONVO Daily Hammer/Morning star signaling possible btm. RSI signaling as well. http://t.co/o9FKqJ1hb5
Investors Observer
30 Sep 14 05:59:03
Critical Alerts for $GPRO, $KNDI, $PXLW, $SBUX and $ONVO from InvestorsObserver today: http://t.co/EaVBzeWCsz #OptionsTrading #CoveredCalls
Julian Close
30 Sep 14 05:59:03
Critical Alerts for $GPRO, $KNDI, $PXLW, $SBUX and $ONVO from InvestorsObserver today: http://t.co/ArJcQUNI9P #OptionsTrading #CoveredCalls
John Meckler
30 Sep 14 05:48:45
RT @Organovo: Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/lurXTEglKv $ONVO
BV Healthcare
30 Sep 14 05:16:06
$ONVO Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards.. http://t.co/L49yE9zqA1
apppro
30 Sep 14 05:13:38
@YahooFinance That's nice $onvo. I wonder how much all these awards and accolades will add to the stock price? GET US SOME DAMN ORDERS PLS!
apppro
30 Sep 14 05:12:16
$ONVO Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/9ACDnEm45l vi @YahooFinance
Clover Bragg
30 Sep 14 05:08:20
$ONVO - Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/jc241O6P1V
StockNews
30 Sep 14 05:08:19
$ONVO - Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/6aXisvJUIT
Pzaa...Guy
30 Sep 14 05:08:15
$ONVO - Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/e5pkjIKO1k
Stocks News&Markets
30 Sep 14 05:08:13
$ONVO - Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/lD8KyP2hk2
NASDAQ
30 Sep 14 05:08:10
$ONVO - Organovo Inc. Selected As A Finalist In 27th Annual CONNECT Most Innovative New Product Awards http://t.co/1khCal2lAM
				
				
By  +Follow October 22, 2013 7:47AM
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