Organovo Holdings, Inc. (ONVO)

[pupuguru]

This reminds me a lot of MAKO Surgical back in the day....

Although the field is unrelated I see a parallel with ONVO in the start-up story. Several years back MAKO Surgical developed a proprietary robotic surgical platform for knee and hip replacements.The stock was granted a generous premium by the market based on the abilities of the platform. The inventor, who btw was also the CEO, made some very bold predictions as to the projected revenue growth and product penetration of his baby. Naturally, these predictions fell short in the near-term as product acceptance was not immediate, (as it seldom ever is). The stock fell like a rock.

This was not a reflection of the excellence of the product but rather a reflection of shareholder expectations. The platform continued in development and acceptance and a year or two later was bought out for a very hefty premium.

Hopefully the same excellence of the ONVO products will win the day for the patient investors. Bullish.