News Focus
News Focus
Followers 76
Posts 10317
Boards Moderated 1
Alias Born 11/22/2004

Re: tbirdman post# 1821

Tuesday, 03/11/2014 10:04:15 AM

Tuesday, March 11, 2014 10:04:15 AM

Post# of 3191
And this earlier on ONVO: "Organovo is planning on launching the 3D liver product in December 2014. If it receives a positive response from the KOL, as it most likely will, this product is expected to generate solid revenue streams in the years to come. Analysts estimate this revenue to be around $15 million in 2014. Moreover, with the launch of the liver product for clinical trials the company can set foot in the $7 billion preclinical research service market. The company anticipates that preclinical toxicology testing services can command prices in excess of tens of thousands of dollars per compound. Hence, the launch of its first product is a promising sign in its future growth."
http://seekingalpha.com/article/2014361-organovo-3d-liver-tissues-cash-and-revenue-assessment?source=yahoo

Rayank

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today