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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
PennyStock Zone
25 Dec 14 16:49:19
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25 Dec 14 16:17:44
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25 Dec 14 15:53:19
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25 Dec 14 10:19:58
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SmallCaps
25 Dec 14 06:24:31
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ProTradersNews
25 Dec 14 02:48:04
$ONVO: Short Interest in Organovo Holdings Drops By 3.4% (ONVO) http://t.co/XHL0ccjlm1 http://t.co/18jUInXEZG
InterCooler
25 Dec 14 02:46:01
Short Interest in Organovo Holdings Drops By 3.4% $ONVO http://t.co/0f7X5inN77
StockNewsWires
25 Dec 14 01:48:02
$ONVO: Organovo Holdings Sees Large Decline in Short Interest (ONVO) http://t.co/H18ysLyN3X http://t.co/V533nwBkTT
The Legacy News
25 Dec 14 01:44:52
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US Banking News
25 Dec 14 01:44:14
Organovo Holdings Sees Large Decline in Short Interest $ONVO http://t.co/dNtN8qKxsg
Jesús López de Uribe
25 Dec 14 01:16:03
RT @DesignBox3D: Exclusive: @Organovo CEO On The Role Of #3DPrinting In #HealthCare $ONVO http://t.co/MzGsDiuOVH via @benzinga @designbox3d
Rapid Prototyping
25 Dec 14 01:06:01
RT @DesignBox3D: Exclusive: @Organovo CEO On The Role Of #3DPrinting In #HealthCare $ONVO http://t.co/MzGsDiuOVH via @benzinga @designbox3d
DesignBox3D
25 Dec 14 01:03:17
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24 Dec 14 18:19:41
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24 Dec 14 17:17:12
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24 Dec 14 16:54:50
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24 Dec 14 16:07:00
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24 Dec 14 15:24:10
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Big Money
24 Dec 14 14:12:35
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Big Money
24 Dec 14 13:45:45
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Big Money
24 Dec 14 13:43:25
$ONVO http://t.co/fUePMWECiJ
3DFinancing
24 Dec 14 12:04:48
RT @3DPrintingStock: $DDD $SSYS $XONE $AMAVF $VJET $ONVO are the components of the "3D Printing Stock Index" which lost 0.8% today @ https…
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24 Dec 14 11:43:20
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3DPrintingStocks.com
24 Dec 14 11:36:16
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24 Dec 14 10:55:33
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UltraTrader
24 Dec 14 09:48:44
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Daily Contracts
24 Dec 14 09:31:01
Real-Time feed of company contracts, original agreements and executive updates from Organovo Holdings, Inc. $ONVO http://t.co/9ZaDy184PN
SmallCaps
24 Dec 14 09:26:26
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SmallCaps
24 Dec 14 08:51:18
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24 Dec 14 08:23:14
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24 Dec 14 08:13:17
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ARK Indu Innovation
24 Dec 14 08:10:52
$ONVO CEO talks #3Dprinting in healthcare and explains Yale partnership. http://t.co/ps2LaVLBOg
Yogendra Chauhan
24 Dec 14 07:34:51
RT @Organovo: Exclusive: Organovo CEO on the role of #3Dprinting in healthcare http://t.co/zhdPA4Xi2A #3Dbioprinting @Benzinga @bri_vallesk…
iBioPrint
24 Dec 14 07:22:40
Exclusive: Organovo CEO On The Role Of 3D Printing In Health Care http://t.co/3QrUkKJjMP @organovo @OrganovoSocial $onvo #bioprinting
ThinkersLink
24 Dec 14 07:20:18
RT @Organovo: Exclusive: Organovo CEO on the role of #3Dprinting in healthcare http://t.co/zhdPA4Xi2A #3Dbioprinting @Benzinga @bri_vallesk…
Sean Wainwright
24 Dec 14 07:08:04
$ONVO trying to push back through resistance...again.
3Dprintonomics
24 Dec 14 07:03:28
RT @Organovo: Exclusive: Organovo CEO on the role of #3Dprinting in healthcare http://t.co/zhdPA4Xi2A #3Dbioprinting @Benzinga @bri_vallesk…
Brian Riley
24 Dec 14 07:00:21
$ONVO Reversal
Tr@drf*ckr
24 Dec 14 06:43:39
RT @Organovo: Exclusive: Organovo CEO on the role of #3Dprinting in healthcare http://t.co/zhdPA4Xi2A #3Dbioprinting @Benzinga @bri_vallesk…
				
				
By  +Follow October 22, 2013 7:47AM
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