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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
4-traders.com
29 Mar 15 02:12:37
#Organovo : ONVO) Drops 6.87% on March 27 http://t.co/5xMlDaq9v9 $ONVO
SCHOW STUFF™
29 Mar 15 00:22:07
RT @POWCOIN: new order LONG $ONVO / $TLT short Pair trade #swaps
Russell Barbour
28 Mar 15 21:20:45
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StockNewsWires
28 Mar 15 20:40:02
$ONVO: Organovo Holdings Sees Significant Increase in Short Interest (ONVO): http://t.co/XkXKBIZCwL
SmallCaps
28 Mar 15 15:52:37
http://t.co/LnWZaIJviH <--- Amazing subscriber to Super_Trades - check out his profit chart!! $ZNGA $SIRI $S $ONVO $LQMT $KWK $CNET
Russell Barbour
28 Mar 15 15:01:44
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Stock Rocket
28 Mar 15 14:27:00
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28 Mar 15 14:23:47
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The Legacy News
28 Mar 15 13:42:07
Organovo Holdings Sees Significant Increase in Short Interest $ONVO http://t.co/krbMY3XbCN
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tsu.co_friends
28 Mar 15 12:27:57
RT @Organovo: Organovo Celebrates a Positive 2014 Reception of its exVive3DTM Human Liver Tissue Product http://t.co/qu5pA2d636 $ONVO
monestsignalen
28 Mar 15 11:55:03
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 3DGEOM | 3DNEWS
28 Mar 15 11:34:59
RT @Organovo: Organovo Celebrates a Positive 2014 Reception of its exVive3DTM Human Liver Tissue Product http://t.co/qu5pA2d636 $ONVO
StockenheimerSchmidt
28 Mar 15 11:30:51
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28 Mar 15 09:17:33
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StockenheimerSchmidt
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Greg Rieben
28 Mar 15 06:43:46
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28 Mar 15 05:24:30
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28 Mar 15 00:57:05
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28 Mar 15 00:39:37
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28 Mar 15 00:13:32
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27 Mar 15 23:36:14
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StockNewsWires
27 Mar 15 23:25:02
$ONVO: Short Interest in Organovo Holdings Grows By 0.5% (ONVO): http://t.co/edKiC3zM80
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27 Mar 15 21:34:56
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27 Mar 15 20:50:10
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27 Mar 15 19:19:37
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27 Mar 15 19:18:28
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Jon Vince
27 Mar 15 15:44:45
Added 50% more $ONVO, $3.66, as it bounced 1% off its ATL today. Stickin it where sun don't shine until they double or get bought out.
 Wolfgang Mueller
27 Mar 15 12:17:37
I really think $ONVO is going to be bought out. I had a dream it happened. Maybe a premonition?
 Wolfgang Mueller
27 Mar 15 12:08:55
@Hipster_Trader Do you think it's purposely being shorted $ONVO prior to a buyout?
3D Prints by Stacy
27 Mar 15 11:36:27
3DPrintsbyStacy: Gopic: Whoa what the heck happened to $ONVO #3DPrinting Organs. This is the future. Feel like this is in the bargain bin. …
3D Prints by Stacy
27 Mar 15 11:30:25
Gopic: Whoa what the heck happened to $ONVO #3DPrinting Organs. This is the future. Feel like this is in the bargain bin. #stocks
POWCOIN
27 Mar 15 11:29:40
new order LONG $ONVO / $TLT short Pair trade #swaps
Kobeissi™
27 Mar 15 11:28:19
Whoa what the heck happened to $ONVO #3DPrinting Organs. This is the future. Feel like this is in the bargain bin. #stocks
Hipster
27 Mar 15 11:27:02
$ONVO whats the deal with this thing? Thought it was the future!
3D Prints by Stacy
27 Mar 15 11:09:08
rapidprototypin: RT 3DNuts: Organovo Holdings Sees Large Growth in Short Interest $ONVO http://t.co/H0hIuB6LZo via RatingsNetwork #3Dpri…
StockenheimerSchmidt
27 Mar 15 11:08:52
$RCGP Has More Than Tripled In Value In The Past 2 Days! Big News: http://t.co/RWkbXZLnwm $ONVO $BTG $LNG
				
				
By  +Follow October 22, 2013 7:47AM
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