Amarantus Biosciences Inc (OTCQB: AMBS) published a blog post on TheChairmansBlog.com. The company stated the corporate milestones to set the stage for growth in 2013, including - Publicly releasing ground-breaking efficacy data for the protein drug candidate MANF in a neurorestoration animal model of Parkinson’s disease, their lead therapeutic indication; - Acquiring 25 pieces of intellectual property from Power3 Medical Products, Inc. (“Power3”) related to the diagnosis of a number of neurodegenerative diseases and cancers. The transaction also included the buyout of their Parkinson’s disease license with Power3; and - Licensing a Phase 2-ready Alzheimer’s disease diagnostic blood test called LymPro to detect mild to moderate Alzheimer’s disease; a diagnostic category highly sought by Big Pharma.
Organovo Holdings, Inc. (PINKSHEETS: ONVO) has started the year with a strong bullish drive. The share price is currently trading around $3.57 and was up 9.85 percent for the last session. ONVO is working together with researchers at Autodesk, Inc., the leader in cloud-based design and engineering software, to create the first 3D design software for bioprinting.
Organovo Holdings Inc (ONVO), formerly Real Estate Restoration & Rental, Inc., is a development-stage company. In 2012 MIT’s Technology Review added Organovo Holdings, Inc in its list of most innovative companies of the year. On December 28, 2011, Real Estate Restoration and Rental, Inc.’s (RERR) entered into an Agreement and Plan of Merger, pursuant to which RERR merged with its, wholly owned subsidiary, Organovo (Merger Sub).
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