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ONVO

Organovo

$2.34

-0.01 (-0.43%)

08:25
07/31/17
07/31
08:25
07/31/17
08:25

Organovo, UCSD receive $1.7M grant from NIH

Organovo Holdings announced it has received a three-year, $1.7M grant from the National Institutes of Health, or NIH, to collaboratively study non-alcoholic fatty liver disease with researchers at University of California San Diego School of Medicine. Grant payments will be spread over three years as research milestones are successfully completed. The NIH is the largest public funder of biomedical research in the world, investing more than $32 billion each year in partnership with leading commercial organizations and academic centers to fund cutting-edge breakthroughs and treatments in areas of critical unmet need.

ONVO Organovo
$2.34

-0.01 (-0.43%)

08/04/16
08/04/16
NO CHANGE

On The Fly: After Hours Movers
UP AFTER EARNINGS: Pacific Biosciences (PACB), up 17%... MasTec (MTZ), up 9.6%... Aratana Therapeutics (PETX), up 9.2%... Lion's Gate (LGF), up 6.4%... Priceline (PCLN), up 5.7%... Ubiquiti (UBNT), up 5.5%... MercadoLibre (MELI), up 4.1%... Organovo (ONVO), up 3.9%... Kraft Heinz (KHC), up 3.3%... EOG Resources (EOG), up 2.8%... Monster Beverage (MNST), up 1.2%... TASER (TASR), up 1.2%... Take-Two (TTWO), up 0.9%... Activision Blizzard (ATVI), up 1%... BioMarin (BMRN), up 0.4%. ALSO HIGHER: Egalet (EGLT), up 31.2% after the company announced that an FDA advisory committee recommended approval of its ARYMO ER drug... Rackspace (RAX), up 17.6% after the Wall Street Journal reported that the company was near a takeover deal with a private equity buyer... Osiris (OSIR), up 8.5% after it said that the manuscript from its prospective trial using Grafix was published. DOWN AFTER EARNINGS: Hortonworks (HDP), down 26.2%... PDL BioPharma (PDLI), down 17.5%... FireEye (FEYE), down 15.8%... Sierra Wireless (SWIR), down 15.6%... Aquinox (AQXP), down 14.7%... Zynga (ZNGA), down 9.4%... Universal Display (OLED), down 8.2%... Weight Watchers (WTW), down 7.6%... Zillow Group (Z, ZG), down 5.5%... Arista Networks (ANET), down 4.5%... Noodles & Company (NDLS), down 4.3%... Merrimack (MACK), down 1.7%... Bankrate (RATE), down 1.7%.
11/28/16
EVER
11/28/16
INITIATION
Target $4.5
EVER
Buy
Organovo initiated with a Buy at Evercore ISI
Target $4.50.
12/15/16
BTIG
12/15/16
INITIATION
BTIG
Buy
Organovo initiated with a Buy at BTIG
BTIG analyst Dr. Sean Lavin started coverage of Organovo with a $5 price target and a Buy rating.
01/24/17
RAJA
01/24/17
INITIATION
Target $5
RAJA
Outperform
Organovo initiated with an Outperform at Raymond James
Raymond James analyst Reni Benjamin initaited Organovo with an Outperform and a $5 price target. The analyst said Organovo is at the early stages of exploring the potential of 3D printed tissue in a variety of therapeutic approaches, including the development of an organ patch for patients with liver injury and has secured 10 of the 25 big pharma as corporate partners in evaluating a variety of drug products including Roche, Merck, Bristol-Myers, and Astellas.

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BASF

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L

Loews

$49.36

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BRFS

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SU

Suncor

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AYTU

Aytu BioScience

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MRDN

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APD

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