Viscient to bioprint lung tissues to accelerate COVID-19 research

By The Science Advisory Board staff writers

April 1, 2020 -- Biotherapeutics company Viscient Biosciences said it, or a sister company to be funded and launched shortly using the same technology, will use 3D bioprinting technology to create lung tissue to support viral infectivity research and search for an effective therapy against SARS-CoV-2, the novel coronavirus which causes COVID-19.

Viscient is also calling for a pause in the ongoing merger conflict between Organovo and Tarveda Biosciences, given the conditions of the global pandemic. Keith Murphy, founder and CEO of Viscient, also founded Organovo, was its former CEO and Chairman Emeritus, and has opposed the Organovo-Tarveda merger as a 1% stockholder of Organovo.

Viscient noted that Organovo had failed to receive a majority of stockholder votes in favor of the merger with Tarveda. In addition, 47 million shares cast votes against the board's recommendation to allow adjournment of the purported special meeting, according to Viscient. Furthermore, Viscient said that Organovo did not follow the U.S. Securities and Exchange Commission guidance in changing the location of the special meeting to hold the merger vote, therefore calling the validity of the adjournment into question.

With the opportunity for 3D bioprinting technology to aid in finding cures for COVID-19, Murphy said he is now reaching out to his former board members at Organovo to seek a pause in the merger conflict in the midst of a global crisis and to settle these matters later.

In December, Viscient reported that the first drug targets were discovered using its 3D bioprinted disease models. The company said it has validated several such targets using its liver fibrosis tissue that replicates nonalcoholic steatohepatitis.

The firm expects that 3D bioprinted and other 3D tissue models made with lung cells, including a patient's own cells, will be used as a "clinical trial in a dish" and enable quick testing of potential COVID-19 therapies.


Copyright © 2020 scienceboard.net
 

Create an Account

Already have an account? Sign in Here

To access all ScienceBoard content create a free account now:



Email Address:  

First Name:

Last Name:

 
I have read and agree to the privacy policy and terms of service and wish to opt-in for ScienceBoard.net.

Email Preferences



Letter from the Editor Please send me twice-weekly roundups of all the latest life research and industry news.
SAB Announcements Please send me the latest announcements from The Science Advisory Board and their partners.
Spotlight Receive notifications about new content, services, or educational resources designed to help you sharpen your skills and grow professionally.