Organovo Holdings, Inc. (ONVO.PK) has seen tremendous growth in the early trading days of the year. After hitting an intra-week high of $3.99 ONVO reversed slightly and now appears to have settled around 3.20, up nearly 36 percent from the start of the New Year.
The San Diego based company designs and develops functional human tissues using their own proprietary three-dimensional bio-printing technology. ONVO is the developer of the NovoGen MMX Bioprinter™, the world’s only commercial Bioprinter proven to create tissue. Their proprietary technology employs a specified automated platform that works across all tissue and cell types. They are the first company in the world to possess such technology and in recognition; Organovo’s bio-printer was named one of the “Best Inventions of 2010” by TIME Magazine.