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Message
ONVO......
Posted on 7/11/16 at 12:01 pm
Posted on 7/11/16 at 12:01 pm
Check this one out! I've been in it for 2+ years. I have $60,000 in it so far. This company is new and will be amazing in the near future. Roche which is a major top 25 pharmaceutical company just published their thoughts and results using ONVO liver patch for toxicity testing! Major contracts with Roche, Merick, and L'Orel just to name a few! Do your own DD and tell us what you think!
This post was edited on 7/11/16 at 12:07 pm
Posted on 7/11/16 at 12:18 pm to Hunter82378
Have they passed full FDA approval yet, or is this still a company in trials? If it is still in trials, I wouldn't invest that much right now. Most biotechs fail; those that don't often skyrocket. So unless you have a good background to understand trial data, don't use too much capital on any one biotech. Personally, I would rather play with biotechs using options.
Posted on 7/11/16 at 12:30 pm to Hunter82378
like 99% of biotechs go to $0, and 99% of those have a great story too. What makes this one different?
Posted on 7/11/16 at 12:42 pm to dabigfella
It's a long story! I would advise you do your own DD! The standard 2d livers and RAT livers give you false positive and negatives on liver tox! Which in return cost company's major money in lawsuits down the road! Not to mention the time it takes to detect! Organovo produces a 3D liver patch that lives more than 40 days and can detect within the first 7 days! They can use stem cells from the actual patient and do dose test to see how that patient reacts to a certain drug and in what doses it reacts! This is just the tip of the iceberg so I recommend you read and do you own DD to fully understand! Btw they have enough cash on hand to last 2+ years and they are getting revenue from the liver now and rolling out the kidney patch this years with customers waiting!
Posted on 7/11/16 at 12:54 pm to Hunter82378
Do you recommend BLUE as well?!
Posted on 7/11/16 at 12:59 pm to Hunter82378
am I understanding this correctly.....forgive me Im not a science guy....are they 3d printing livers???
Posted on 7/11/16 at 1:00 pm to Hunter82378
Is the period on your keyboard broken, or do you just really like exclamation marks?
Posted on 7/11/16 at 1:02 pm to dabigfella
Yes liver patches for testing! A full functional liver is in the works but not anytime soon! They are working on printing blood vessels for more complicated organs! Pretty amazing stuff! In the near future we could see the elimination of using animals for drug testing! One on one personal drug testing for each individual patient!
Posted on 7/11/16 at 1:03 pm to Omada
I get caught up in the moment.
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