Brief: Organovo Reports Preliminary Fourth-Quarter Net Loss Of $7.0 Million

VivoSim Labs

22/05/2019 21:36

May 22 (Reuters) - Organovo Holdings Inc  ONVO.O :
    * ORGANOVO UPDATES KEY CLINICAL DEVELOPMENT GOALS;  COMPANY
REPORTS PRELIMINARY FISCAL FOURTH-QUARTER 2019 RESULTS
    * ORGANOVO HOLDINGS INC - PRE-INVESTIGATIONAL NEW DRUG
MEETING
WITH FDA EXPECTED TO BE HELD IN CALENDAR 2020
    * ORGANOVO HOLDINGS INC - PRELIMINARY FISCAL FOURTH-QUARTER
NET
LOSS WAS $7.0 MILLION, A $0.5 MILLION IMPROVEMENT OVER YEAR-AGO
PERIOD
    * ORGANOVO HOLDINGS INC - PRELIMINARY FISCAL FOURTH-QUARTER
TOTAL
REVENUE WAS $0.7 MILLION, A 38 PERCENT DECREASE
    * ORGANOVO HOLDINGS INC - AS OF MARCH 31, 2019, COMPANY HAD
A CASH
AND CASH EQUIVALENTS BALANCE OF $36.5 MILLION

Source text for Eikon:  ID:nGNXs0Hd1 
Further company coverage:  ONVO.O 

 ((Reuters.Briefs@thomsonreuters.com;))