Organovo
San Diego, California, USA | |
Area served | Worldwide |
---|---|
Key people | Taylor J. Crouch (CEO)[1] |
Revenue | US$ 4,230,000 (2017) |
Total assets | US$ 62,091,000 (2016) |
Website | www.organovo.com |
Footnotes / references [2] |
Organovo is an early-stage medical laboratory and research company which designs and develops functional, three dimensional human tissue (also known as
Operations
The company bioprints and markets human tissues as a means of accelerating the preclinical
Organovo is actively developing its technology with the intention of eventually being able to replicate entire human organs for transplant.[5]
As of 2014[update], the company's
In 2015, Organovo signed an agreement to provide processes and technology to produce 3D printed human skin to
3D bioprinting process
The human body is made up of different cell types and many technologies for printing these cells vary in their ability to ensure stability and viability of the cells during the manufacturing process. The methods used for 3D bioprinting of cells are photolithography, magnetic 3D bioprinting, stereolithography, and direct cell extrusion. In each process, a physical biopsy of an organ is required. Certain cells from the biopsy are isolated and multiplied. These cells are then mixed with a liquefied material that provides oxygen and other nutrients to keep them alive outside of the human body. The mixture is then placed in a printer cartridge and structured using the patients’ medical scans.[8]
Financing
Organovo went public on OTC markets in 2012 via a reverse merger with shell company Real Estate Restoration and Rental, Inc. In July 2013, Organovo uplisted to the NYSE MKT.[9] The company hit of market cap high of $700m in 2013.[10] At the time of listing, Organovo had 22.4 million shares outstanding. Today there are over 130 million.[11]
Public Awareness
Gabor Forgacs, the scientific founder of Organovo, promoted medical bioprinting in a TEDMED presentation in 2011. He discussed how bioprinting may solve problems that pertain to organ shortages and high medical costs.[12]
References
- ^ Management, Company WebSite
- ^ "NASDAQ | Invalid Input". secfilings.nasdaq.com. Retrieved 2016-08-02.
- LEAF (2021-03-05). "David Gobel on the Poison Squad versus the Nuremberg Code"(video). YouTube.
- ^ "Utilizing Organovo Bioprinted Human Tissues in Research: living, three-dimensional human tissue models for research and therapeutic applications". Organovo.com. Archived from the original on 23 April 2014. Retrieved 23 July 2015.
- ^ Russon, Mary-Ann (July 3, 2015). "Organovo CEO: 3D bioprinting organs will help us get people off transplant waiting lists". International Business Times. Retrieved 23 July 2015.
- .
- ^ King, Leo (May 20, 2015). "L'Oreal Seeks Quantum Leap With 3D Printed Skin". Forbes. Retrieved 23 July 2015.
- ^ Cooper-White, Macrina (March 1, 2015). "How 3D Printing Could End The Deadly Shortage Of Donor Organs". Huffington Post. Retrieved 23 July 2015.
- ^ "Uplisting To Expand Organovo's Valuation (NASDAQ:ONVO)". SeekingAlpha. 16 July 2013. Retrieved 2021-05-17.
- ^ Chatsko, Maxx (2013-12-12). "Can Anything Explain Organovo Holdings' Tremendous 2013?". The Motley Fool. Retrieved 2021-05-17.
- ^ "Why Organovo Stock Continues to Drop". Nanalyze. 2020-04-16. Retrieved 2021-05-17.
- ^ Gabor Forgacs (December 5, 2011). "Introduction to Bioprinting". Huffington Post. Retrieved 23 July 2015.