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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
Market Headlines
27 Aug 14 01:39:04
$ONVO: Organovo Highlights Liver Toxicology Achievement, Reports Q1 Fiscal 2015 Results http://t.co/m848Zxs8mu http://t.co/YddHgtHx7W
Stockaholics
27 Aug 14 01:20:23
We are Releasing a SECRET Penny Stock Pick Today! Get it early: https://t.co/pOvMqLbReN $ONVO $BTG $LNG
Hereitfirst
27 Aug 14 00:05:48
how to trade $BBY $ONVO $FB $GWPH $AAPL $DRL $WHX $TSLA $YHOO $SPY $VJET $ACRX $DDD $FNMA $NFLX $GOOGL $AMZN $BIDU http://t.co/WWa9ITY1JA
Hereitfirst
27 Aug 14 00:02:36
how to trade $BBY $ONVO $FB $GWPH $AAPL $DRL $WHX $TSLA $YHOO $SPY $VJET $ACRX $DDD $FNMA $NFLX $GOOGL $AMZN $BIDU http://t.co/uTZpFW8a4K
levinextreme
26 Aug 14 22:03:48
RT @RaginCajun: 4 Setups For Wednesday | Momentum Trading with RaginCajun http://t.co/RhoUSW7qPt $GWPH $KORS $ONVO $XONE
SpoonFedStocks
26 Aug 14 21:41:37
I was out this afternoon but great day on several positions $TWTR, $IQNT, $AFOP, $FEYE, other positions meh, $NTLS, $AMD, $ONVO, $UCO
Market Masta
26 Aug 14 21:11:03
RT @StockCats: $ONVO Heikin-Ashi chart - worth watching http://t.co/r318k0YGwW
Scott R
26 Aug 14 21:05:28
RT @RaginCajun: 4 Setups For Wednesday | Momentum Trading with RaginCajun http://t.co/RhoUSW7qPt $GWPH $KORS $ONVO $XONE
Dan
26 Aug 14 20:56:11
RT @StockCats: $ONVO Heikin-Ashi chart - worth watching http://t.co/r318k0YGwW
MaryNYC
26 Aug 14 20:42:49
RT @RaginCajun: 4 Setups For Wednesday | Momentum Trading with RaginCajun http://t.co/RhoUSW7qPt $GWPH $KORS $ONVO $XONE
RC
26 Aug 14 20:20:29
4 Setups For Wednesday | Momentum Trading with RaginCajun http://t.co/RhoUSW7qPt $GWPH $KORS $ONVO $XONE
00Matt
26 Aug 14 20:12:04
RT @StockCats: $ONVO Heikin-Ashi chart - worth watching http://t.co/r318k0YGwW
Big Money
26 Aug 14 20:10:39
$ONVO noticing news and sec filings becoming more frequent.
Brandon Penrod
26 Aug 14 19:53:29
RT @StockCats: $ONVO Heikin-Ashi chart - worth watching http://t.co/r318k0YGwW
StockCats
26 Aug 14 19:49:46
$ONVO Heikin-Ashi chart - worth watching http://t.co/r318k0YGwW
Business News Now
26 Aug 14 18:39:02
$ONVO: Organovo Highlights Liver Toxicology Achievement, Reports Q1 Fiscal 2015 Results http://t.co/YYjnApBbFq http://t.co/bZ1IktyGr1
StockRav
26 Aug 14 18:01:06
$ONVO 18 days to cover now!! Wow!! http://t.co/s09arayzaN
Ticker Report
26 Aug 14 17:43:31
Organovo Holdings Sees Significant Increase in Short Interest $ONVO http://t.co/i7u2BoVY2t
InterCooler
26 Aug 14 17:29:49
Organovo Holdings Sees Significant Increase in Short Interest $ONVO http://t.co/T3EVFhq5XD
US Banking News
26 Aug 14 17:24:02
Organovo Holdings Sees Significant Increase in Short Interest $ONVO http://t.co/Hlbo7g76FS
InsiderTradingWire
26 Aug 14 17:05:21
BARRY MICHAELS D, Chief Financial Officer of Organovo Holdings Sells $815,914 Worth of $ONVO - #Form4 ... - http://t.co/Y6Mgr11sCF
Companies in News
26 Aug 14 13:38:58
$ONVO: Watch List - United Microelectronics Corp (ADR) (NYSE:UMC), Organovo ... http://t.co/qpkRhezftu http://t.co/bznztj5jKP
3DPrintingStocks.com
26 Aug 14 13:24:45
$DDD $SSYS $XONE $AMAVF $VJET $ONVO are the components of the "3D Printing Stock Index", which rose 0.8% today @ https://t.co/zvTJ6VVQK0
Ruggyup
26 Aug 14 12:54:59
$ONVO named a 2015 Technology Pioneer by the World Economic Forum. Make a note.
Investors Hangout
26 Aug 14 10:34:21
DennyT: ABX Income Statement $ABX $ONVO $TLT $XLV $SDS http://t.co/rS3U6RUaY9
Investors Hangout
26 Aug 14 10:34:17
DennyT: ABX Income Statement $ABX $ONVO $TLT $XLV $SDS http://t.co/GzuVGtCz96
OTPicks.com
26 Aug 14 10:27:08
http://t.co/hjgLwIcNgz DennyT: ABX Income Statement $ABX $ONVO $TLT $XLV $SDS: DennyT http://t.co/CC1Br7vgHf http://t.co/hjgLwIcNgz
Stock Updates
26 Aug 14 08:39:13
$ONVO: Organovo Highlights Liver Toxicology Achievement, Reports Q1 Fiscal 2015 Results http://t.co/Lwf9KUMT03 http://t.co/nLtBWyU8WB
Dan
26 Aug 14 08:27:49
$ONVO 5 min chart..took some this morning @ $7.92 http://t.co/kQXBttLdh7
Investors Hangout
26 Aug 14 08:19:10
jim50: $ONVO High Date=Aug-25-2014 Open=7.92 High=8.15 http://t.co/I8dnz3BGsK
Investors Hangout
26 Aug 14 08:19:00
jim50: $ONVO High Date=Aug-25-2014 Open=7.92 High=8.15 http://t.co/7iQ51Hd3UF
jim50
26 Aug 14 08:05:53
$ONVO High Date=Aug-25-2014 Open=7.92 High=8.15 Low=7.71 Close=7.94 Volume=959900 http://t.co/PSrvhuIDeJ
Future Tech Investor
26 Aug 14 08:04:57
$LOCK HOD. Big move comin imo $GOOG $FB $JD $HPQ $AAPL $ITMN $DGLY $ACHN $GILD $SSYS $LOCO $CRM $PANW $CMG $DDD $FSLR $YY $SCTY $ONVO $JPM
StockRav
26 Aug 14 07:58:28
$ONVO get ready for the pop . . . any minute now!!! mark it, 11am.
lookn4wins
26 Aug 14 07:53:02
$GPRO Volume $GPRO Most recent stock chart and technical analysis. $GLD $EDC $NBG $HGU.TO $BFR $ONVO http://st http://t.co/m7w2YQXGyR
Jake13
26 Aug 14 07:15:28
$DRYS Sell? Click here to find out if $DRYS is a buy hold or sell. Watching these stocks. $XLI $DXJ $ONVO $TLT http://t.co/8vz0WgMTTc
ZOZO
26 Aug 14 07:08:04
$ONVO taking out hod
John Meckler
26 Aug 14 06:59:52
RT @Organovo: Organovo Named 2015 Technology Pioneer by World Economic Forum http://t.co/mClkKutEP2 $ONVO
Dan
26 Aug 14 06:33:20
RT @StockBoardAsset: $ONVO Ascending megaphone http://t.co/fDfhzLenaI
BullTrade Corp.
26 Aug 14 06:30:13
A lot of praise for buying the low, now we're saying this melt-up continues. Go for the stocks that haven't moved. $LULU $ROVI $ONVO $TWTR
SBA
26 Aug 14 06:24:39
$ONVO Ascending megaphone http://t.co/fDfhzLenaI
StockRav
26 Aug 14 06:00:08
$ONVO could see the start of the squeeze today, on pioneer news. IMO, smart shorts covered yesterday that was the spike we saw.
Big Money
26 Aug 14 05:24:14
@CoastalReturns welcome to $ONVO where you get treated better than expected! ps. news out
Companies in News
26 Aug 14 04:39:07
$ONVO: HighTech Set To Disrupt the BioTech Industry http://t.co/E5tYIzRl2u http://t.co/4kjM2lrNiB
FonsieTrader
26 Aug 14 04:13:50
Bullish MACD Crossovers 1/2 $AEG $APA $ARRY $ATHL $BK $CXO $EGN $GGB $GME $HES $HP $KERX $NDAQ $ONVO http://t.co/UL5L4mymOk
Large Void Bot
26 Aug 14 04:00:51
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ZOZO
26 Aug 14 03:53:23
RT @apppro1: $ONVO Organovo Named 2015 Technology Pioneer by World Economic Forum http://t.co/y4CzNKoXsY via @YahooFinance
apppro
26 Aug 14 03:49:12
$ONVO Organovo Named 2015 Technology Pioneer by World Economic Forum http://t.co/y4CzNKoXsY via @YahooFinance
Elantin
26 Aug 14 03:36:32
RT @Organovo: Organovo Named 2015 Technology Pioneer by World Economic Forum http://t.co/mClkKutEP2 $ONVO
Federico Pirola
26 Aug 14 02:24:52
RT @Organovo: Organovo Named 2015 Technology Pioneer by World Economic Forum http://t.co/mClkKutEP2 $ONVO
				
				
By  +Follow October 22, 2013 7:47AM
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