On Tuesday Organovo Holdings Inc (NYSEMKT:ONVO)’s shares enhanced 7.69%, and closed at $3.92 as the Organovo Holdings, Inc. a three-dimensional biology corporation focused on delivering breakthrough 3D bioprinting technology, presented data on the corporation’s in vitro three-dimensional kidney tissue at the 2015 Experimental Biology conference in Boston, Massachusetts.
For the first time, fully human kidney proximal tubular tissues have been generated that is three-dimensional, and comprise of multiple tissue-relevant cell types arranged to recapitulate the renal tubular / interstitial interface. The tissues are fabricated using Organovo’s proprietary NovoGenTM bioprinting platform, and will ultimately join the corporation’s exVive3DTM Liver tissues to expand the repertoire of physiologically-relevant tissue systems accessible for toxicity and efficacy testing in addition to disease modeling.
Organovo Holdings, Inc., a development-stage corporation, focuses on developing and commercializing functional human tissues that could be employed in drug discovery and development, biological research, and as therapeutic implants for the treatment of damaged or degenerating tissues and organs.
McDermott International (NYSE:MDR), inclined 7.42%, and closed at $4.78 as the McDermott International, Inc. declared that the consortium between McDermott and a consortium partner has been awarded the SURF engineering, product supply and installation scope for the Atlanta Early Production System (EPS) in the Santos Basin offshore Brazil by Brazilian exploration and production corporation Queiroz Galvão Exploração e Produção S.A. (QGEP).
McDermott engineering and installation proceed from the large, green field project will be comprised of in backlog for the first quarter of 2015. The project is predictable to be accomplished by the end of the second quarter of 2016.
McDermott International, Inc. operates as an engineering, procurement, construction, and installation corporation worldwide. The corporation operates through three segments: Asia Pacific, Americas, and the Middle East. It focuses on designing and executing offshore oil and gas projects.
At the end of Tuesday’s trade, Ballard Power Systems Inc. (USA) (NASDAQ:BLDP), surged 6.94%, and closed at $2.31 as the Ballard Power Systems declared that the world’s first hydrogen fuel cell powered fixed rail electric tram was successfully demonstrated at a ceremonial event held in March at the head office, production and testing facility of CSR Qingdao Sifang Corporation (CSR Sifang), a Chinese rolling stock manufacturer based in Qingdao , Shandong province.
The event was attended by senior officials of the City of Foshan, a tram customer of CSR Sifang, and invited guests took a ride on the prototype fuel cell powered tram. Ballard’s FCvelocity® fuel cell module is integrated into the low floor tram design.
Ballard Power Systems Inc. involves in the development and commercialization of proton exchange membrane fuel cells worldwide. The corporation is primarily involved in the design, development, manufacture, sale, and service of fuel cell stacks, modules, and systems for various applications.
China Ming Yang Wind Power Group Ltd (NYSE:MY), gained 6.69%, and closed at $2.87 as the China Ming Yang Wind Power Group Limited proclaimed its unaudited financial results for the fourth quarter and the full year ended December 31, 2014.
Total wind turbine generators (“WTGs”) commissioned for which proceed was recognized amounted to an equivalent wind power project output of 638.0MW, or 280 units of 1.5MW WTGs and 109 units of 2.0MW WTGs, an raise of 263.5% contrast to 175.5MW in Q4 2013.
Total proceed was RMB1,996.0 million (US$321.7 million), an raise of 268.8% contrast to RMB541.2 million in Q4 2013.
Gross profit was RMB271.9 million (US$43.8 million), contrast to a gross loss of RMB20.0 million in Q4 2013. Gross margin was 13.6%, contrast to a negative gross margin of 3.7% in Q4 2013.
Total comprehensive revenue was RMB80.9 million (US$13.0 million), contrast to total comprehensive loss of RMB501.9 million in Q4 2013.
Basic and diluted earnings per share were RMB0.68 (US$0.11) and RMB0.66 (US$0.11), respectively, contrast to basic and diluted loss per share of RMB3.36 and RMB3.36, respectively, in Q4 2013.
China Ming Yang Wind Power Group Limited designs, manufactures, sells, and services megawatt-class wind turbines in the People’s Republic of China and the Republic of India. The corporation provides wind turbines with a rated power capacity of 1.5MW and 2.0MW; and 2.5/3.0MW SCD wind turbines.
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