Organovo Announces Release Date for Fiscal Second-Quarter 2019 Financial Results
October 18 2018 - 8:05AM
Organovo Holdings, Inc. (NASDAQ:ONVO) (“Organovo”) will host a
conference call on Thursday, November 8, 2018 at 5:00 p.m. Eastern
Time (ET) to discuss the Company's fiscal second-quarter 2019
operating and financial highlights. In advance of the call on
November 8, 2018, Organovo will issue its fiscal second-quarter
2019 earnings press release, which will be available at
http://www.organovo.com. To participate in the teleconference,
callers can dial the following numbers:
1-888-317-6003 (toll-free, U.S. callers only)
1-412-317-6061 (from outside the U.S.)
Conference Call ID: 2924727
To help ensure the conference call begins in a timely manner,
please dial in five minutes prior to the scheduled start time. The
conference call will also be simultaneously webcast at
http://www.organovo.com.
For those unable to participate in the live call, a replay of
the call will be available toll-free until November 15, 2018 at
1-877-344-7529 (U.S. callers only) or at 1-412-317-0088 (callers
outside the U.S.). The passcode for the replay is: 10124086. An
archived replay of the webcast will also be available at
http://www.organovo.com.
About Organovo Holdings, Inc.Organovo is a
biotech platform company that has developed a leadership position
with its revolutionary ability to 3D bioprint tissues with human
functionality. The Company is pursuing multiple IND-track programs
to develop its NovoTissues® to address a number of serious unmet
medical needs in adult and pediatric populations, initially
focusing on liver disease. Organovo’s first IND-track program for
Alpha-1-antitrypsin deficiency recently received orphan drug
designation from the FDA, and the Company expects to file its first
IND in 2020. In order to help fund its plan to initiate multiple
IND-track programs, the Company is providing access to its ExVive™
in vitro tissue disease modeling platform to facilitate high value
drug discovery and development collaborations. Organovo’s
wholly-owned subsidiary, Samsara Sciences, provides the Company and
its clients with high quality human liver and kidney cells for
research applications. Organovo is changing the shape of life
science research and transforming medical care. Learn more at
www.organovo.com.
Forward-Looking Statements Any statements
contained in this press release that do not describe historical
facts constitute forward-looking statements as that term is defined
in the Private Securities Litigation Reform Act of 1995. Any
forward-looking statements contained herein are based on current
expectations, but are subject to a number of risks and
uncertainties. Forward-looking statements include, but are not
limited to, statements regarding the potential benefits and
therapeutic uses of the Company’s therapeutic liver tissue,
including the benefits of an orphan designation; the Company’s
expectations regarding the FDA regulatory pathway and anticipated
timelines for its regulatory filings; the potential market
opportunity for the Company’s therapeutic tissue candidates; and
customer demand for and acceptance of its disease modeling and
other in vitro tissue platforms. The factors that could cause the
Company's actual future results to differ materially from current
expectations include, but are not limited to, risks and
uncertainties relating to the possibility that the final results of
the Company's preclinical studies may be different from the
Company's studies or interim preclinical data results and may not
support further clinical development of its therapeutic tissues;
the Company may not successfully complete the required preclinical
and clinical trials required to obtain regulatory approval for its
therapeutic tissues on a timely basis or at all; risks that
competitive products may adversely impact the market opportunity
for the Company’s therapeutic tissue candidates; the Company's
ability to develop, market and sell products and services based on
its technology; the expected benefits and efficacy of the Company's
products, services and technology; the Company’s ability to execute
framework agreements involving multi-year commitments and routine
use on a timely basis, or at all; the Company’s ability to
successfully complete studies and provide the technical information
required to support market acceptance of its products, services and
technology, on a timely basis or at all; the Company's business,
research, product development, regulatory approval, marketing and
distribution plans and strategies, including its use of third party
distributors; the Company’s ability to recognize deferred revenue;
and the Company’s ability to meet its fiscal-year 2019 goals and
outlook. These and other factors are identified and described in
more detail in the Company's filings with the SEC, including its
Annual Report on Form 10-K filed with the SEC on May 31, 2018. You
should not place undue reliance on these forward-looking
statements, which speak only as of the date that they were made.
These cautionary statements should be considered with any written
or oral forward-looking statements that the Company may issue in
the future. Except as required by applicable law, including the
securities laws of the United States, the Company does not intend
to update any of the forward-looking statements to conform these
statements to reflect actual results, later events or circumstances
or to reflect the occurrence of unanticipated events.
Investor & Press Contact:
Steve Kunszabo
Organovo Holdings, Inc.
+1 (858) 224-1092
skunszabo@organovo.com
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