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post #41 of 295
Thread Starter 

 

Quote:
Originally Posted by Fizz1030 View Post

I wonder why they are only going to try their scaffold device in the first human trial instead of combining the structure with their hydrogel?  I don't know a lot of the medical details, but has InVivo said when they plan to test the gel on humans as well?  From the investor presentation, it looks like they had given the primates the full treatment, and I'm sure the gel was probably a big success factor in the primate trials...  Anyone have any insights?

 

Quote:
Originally Posted by weitzwb24 View Post

Fizz, I think if I remember the timeline correctly, the data to support human clinical trials, on the hydrogel, was not out yet when they first submitted the scaffold for IDE with the FDA.

 

 

Weitz is correct.  The original primate data and the most complete and data was done using only the scaffold.  They do have primate data with hydrogel and scaffold + cells but this isn't as complete although it looks VERY promising.

 

That being said doing simply the scaffold by itself is easier in terms of FDA approval.  The scaffold is made with materials that are already approved by the FDA and KNOWN to be safe. InVivo uses a specific manufacturing technique to create the scaffold that guides the neurons and supports their survival and regeneration.  So a simple scaffold device will be MUCH easier to gain FDA approval and with the cash flow from the sales of this device the hydrogel and stem cell based devices can be tested and approved as well as the peripheral nerve hydrogel which could be absolutely HUGE.


Very exciting stuff. Glad to see others following it!
 

 

post #42 of 295

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- InVivo Therapeutics Holdings Corp. (OTCBB: NVIV), a developer of groundbreaking technologies for the treatment of spinal cord injuries (SCI), today announced CEO Frank Reynolds will present InVivo’s most recent breakthroughs and provide a business update to potential investors during the Fourth Annual BioTech Showcase. The conference is scheduled for January 9-11th at the Parc 55 Wyndham in San Francisco.

Reynolds is scheduled to present and participate in the Regenerative Medicine Insight Track on Tuesday, January 10th from 1:30-3:00 pm PST in the section on CNS, Ophthalmology and Spinal Injury. Frank will present an overview of InVivo’s innovative biomaterial scaffold technology. The company is currently awaiting FDA approval to move forward with its first human clinical study for acute SCI treatment using its proprietary scaffold to provide structural support to a damaged spinal cord to help prevent paralysis and improve recovery and prognosis for patients. The pilot study is expected to begin in 2012.

In addition, both Reynolds and InVivo’s Director of Finance, Sean Moran, will be available throughout the event for one-on-one meetings with investors by appointment only. To schedule a meeting, registered attendees can submit a meeting request through the conference website (http://www.ebdgroup.com/bts/partnering/index.php).

The BioTech Showcase is a forum devoted to enable private and public life science companies the opportunity to present to an audience of investors and business development executives. Now in its fourth year, this rapidly growing financial-focused biotech conference features multiple tracks of presenting companies, plenary sessions, an opportunity to schedule one-on-one partnering meeting and networking.

About InVivo Therapeutics

InVivo Therapeutics Holdings Corp. is focused on utilizing polymers as a platform technology to develop treatments to improve function in individuals paralyzed as a result of traumatic spinal cord injury. The company was founded in 2005 on the basis of proprietary technology co-invented by Robert Langer, ScD. Professor at Massachusetts Institute of Technology, and Joseph P. Vacanti, M.D., who is affiliated with Massachusetts General Hospital. In 2011, the company earned the prestigious David S. Apple Award from the American Spinal Injury Association for its outstanding contribution to spinal cord injury medicine. The publicly traded company is headquartered in Cambridge, Mass. For more details, visit www.invivotherapeutics.com.

post #43 of 295
Thread Starter 

Good consolidation going on and a nice pullback on lower volume typical trading for this stock over the past few months.

 

big.chart?nosettings=1&symb=nviv&uf=0&type=4&size=2&sid=5633708&style=320&freq=1&time=6&rand=1672251789&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

post #44 of 295
Thread Starter 

Need to breakout above $2.70 and hold $2.50 to make a run back towards $3.  Still consolidating nicely. 

 

nviv.jpg

post #45 of 295

Any catalysts for upside or just a technical trade? Looks like resistance getting taken out by time not price next week.

 

post #46 of 295
Thread Starter 

I wouldn't advise anyone to trade this stock at least not an any considerable size because it is not very liquid and the bid/ask spread can be quite large and fall rapidly. 

This is more of an investment/speculation stock that I have been following for well over 1 year and which has already returned a considerable sum. biggrin.gif

 

The catalyst for upside would be the go ahead from the FDA for a phase I clinical trial for NVIV's technology for spinal cord injury.  The trial will take 6 to 12 months and the results of which would be the ultimate catalyst driving the stock to ~$10 on successful trial results. 


The caveats until then are money burn (although this has recently been alleviated with a new capital raise at a good price $2 and $3 as well as $18M in callable warrants) and the ultimate risk of the technology not working (limited by the fact that this is the only research to ever show success in primate models of spinal cord injury).


Stay tuned!
 

 

 

Quote:
Originally Posted by StockJock-e View Post

Any catalysts for upside or just a technical trade? Looks like resistance getting taken out by time not price next week.

 



 

post #47 of 295
Thread Starter 

Great interview with Frank Reynolds (CEO) on a local new station:  http://www.fox17online.com/videogallery/67307668/News/New-Device-Could-Offer-a-Cure-for-Paralysis:-Frank-Reynolds

 

Nothing new for those who follow NVIV, but he did provide a new time frame say if FDA approval (trials) go smoothly the product should be out on the market by the end of 2013.


At this point the company will generate millions in cash flow and retained earnings that will fund trials of their hydrogel and stem cell based products.  

 

Right now I see 3 distinct possibilities for the company:

 

1.)  The 2012/13 human trials fail completely - stock price falls significantly - probability  unlikely IMO given the primate data - time frame 2 years

2.)  The 2012/13 human trials demonstrate a benefit to patients, FDA approves product: company is acquired for ~$1B = $15/share - probability likely - time frame 2 years

3.)  The 2012/13 human trials demonstrate a benefit to patients, FDA approves product: company begins to sell the product and use that capital to invest in hydrogel/stem cell products as well as peripheral nerve products. Stock price spikes on FDA approval to ~$10 per share, consolidates for a long period of time as sales of the product begin to increase, and finally begins heading upwards towards $15 a share.  If future trials are successful you're looking at a $5B to $10B company = $75 - $150/share (assuming no further dilution, big assumption) - probability low - time frame 5 years

 

Don't misconstrue the above speculation for pumping or get your hopes up and invest your life savings...there is still a long road ahead for NVIV and many pitfalls along the way particularly dealing with the FDA as well as the fact that science and technology development doesn't always work smoothly!

post #48 of 295

Things do look very promising.  We've held the $2.50 support so far, but I did notice Frank has been selling a small portion of his position the past couple weeks.  It's a legitimate company and Frank seems like a professional guy, so I'm not too worried, but I hope he doesn't bring us below this support we've built.  http://www.nasdaq.com/symbol/nviv/sec-filings

post #49 of 295
Thread Starter 
Quote:
Originally Posted by Fizz1030 View Post

Things do look very promising.  We've held the $2.50 support so far, but I did notice Frank has been selling a small portion of his position the past couple weeks.  It's a legitimate company and Frank seems like a professional guy, so I'm not too worried, but I hope he doesn't bring us below this support we've built.  http://www.nasdaq.com/symbol/nviv/sec-filings



Definitely a good point Fizz. This is something to keep track of for any potential warning signs. That being said Frank has been working on this since 2005 with no significant pay day yet so wanting some liquidity and small bit of diversification by selling 500,000 shares (3.33% of his total shares) when the stock price has done well doesn't concern me yet. 


However, we should definitely keep track of insider sells and if they start shedding a significant number of shares it would definitely change my opinion on the merits of this investment. Never fall in love with a stock! 

 

http://www.nasdaq.com/symbol/nviv/insider-trades/sells

post #50 of 295
Thread Starter 

Good summary article on NVIV released today:

 

http://seekingalpha.com/article/320549-here-s-why-we-like-invivo-therapeutics?source=yahoo

 

 

 

Quote:

BSD

During the third quarter the company took a number of positive steps with respect to bringing its biopolymer scaffold device ("BSD") into human clinical trials. InVivo submitted an IDE to the U.S. FDA in July 2011 seeking to commence a human clinical study. InVivo plans to meet with the FDA in April 2012 to finalize the design for the trial. We think talks will center on the inclusion / exclusion criteria. We are expecting this program to be an open-label design, seeking to enroll a total of 10 patients with endpoints in improvement of function one to two levels below the site of injury. We expect the program will enroll 2 patients (Part-A) and offer initial preliminary data in two months after initiation. If positive, the FDA should allow expansion into the next 8 patients (Part-B). The total time of the trial should be around three to four months. We expect that InVivo will spend the next few months working on scale-up manufacturing for the device. We are expecting the trial to start around mid-2012 and cost around $1.5 million.

Strongly positive data should allow management to transition the IDE to a humanitarian device exemption ("HDE") pathway and qualify for Orphan designation. The HDE pathways greatly speeds the path to market, whereas the Orphan designation will protect from competing products for seven years post launch. Based on preclinical data from the company’s three primate studies, we are optimistic on this IDE program. Previously completed primate data has been submitted to a peer-review journal for publication. We are expecting data from the second primate study to be presented shortly.

 

post #51 of 295
Thread Starter 

The peripheral nerve studies could be a game changer for NVIV and vastly increase the market opportunity for its technologies:

 

 

 

Quote:

Peripheral Nerve

 

Management also seeks to file another IDE around the middle of 2012 for chronic pain due to peripheral nerve damage. Expansion into peripheral nerve damage is a meaningful opportunity for the company. It not only expands the company’s focus beyond SCI, but it potentially creates other opportunities to partner or seek non-dilutive funding in 2012.

On January 17, 2012, management announced collaboration with the Geisinger Health System to conduct a preclinical study using the injectable hydrogel for the treatment of chronic pain caused by peripheral nerve compression. The study will be conducted jointly in the Tapinos Lab of Molecular Neuroscience at the Weis Center for Research and the Slotkin Lab of Spinal Cord Injury Research at the Geisinger Clinic’s Neurosciences Institute. The endpoint of the study will be the effectiveness of using injectable hydrogels for the controlled release of drugs to alleviate chronic pain resulting from compression-induced peripheral nerve damage looking at both molecular and behavioral impact in rodents. The study is planned to have four arms: 1) injectable scaffold with drug therapy, 2) the injectable scaffold alone, 3) injectable drug therapy alone, and 4) a control group receiving no injection.

We see this as a significant opportunity for InVivo. There are an estimated 3.2 million nerve block injections done in the U.S. each year. It’s an estimated $15 billion market. Existing treatment options are limited and only curb pain for as little as one week. A localized injection using the hydrogel to provide time-released anti-inflammatory therapies like methylprednisolone could provide pain relief for up to twelve months with limited systemic side-effects.

 

 

post #52 of 295
Thread Starter 

From a technical perspective the $2.40 level needs to hold or support will be broken which could take the PPS back down to the $2 area:

 

big.chart?nosettings=1&symb=nviv&uf=0&type=4&size=2&sid=5633708&style=320&freq=1&time=7&rand=712751041&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

post #53 of 295

Hopefully we get news from the FDA soon... I think the stock price will move pretty quickly once volume comes back.

post #54 of 295
Thread Starter 

Someone is losing patience and dumping. We broke $2.40. There could be an opportunity to pick up shares @ $2

 

big.chart?nosettings=1&symb=nviv&uf=0&type=2&size=2&sid=5633708&style=320&freq=9&time=3&rand=1157208811&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1

post #55 of 295

I hope Frank isn't releasing any more of his position, almost broke $2.00 today.

post #56 of 295
Thread Starter 
Quote:
Originally Posted by Fizz1030 View Post

I hope Frank isn't releasing any more of his position, almost broke $2.00 today.


 

Someone is definitely selling.  Remember there are a lot of early shareholders that got in during private placements and have warrants at $1.40 and lower so they have a profit that they might want to cash in. The stock isn't very liquid which leads to the massive plunges when someone tries to dump a significant number of shares.


Anything at or below $2 is a buying opportunity in my opinion. Easily trade it back over $3 on some news and higher towards the end of the year.  

post #57 of 295

Hey Amohedas,

 

I don't know if you saw the latest article on InVivo on Seekingalpha but I was wondering if you had any input.  The company said they expect to meet with the FDA in April 2012 to finalize the design for the human clinical trials.  Do you think FDA approval will have to wait until after this meeting as I know approval was previously expected in early 2012.  What's your opinion?

 

"During the third quarter the company took a number of positive steps with respect to bringing its biopolymer scaffold device ("BSD") into human clinical trials. InVivo submitted an IDE to the U.S. FDA in July 2011 seeking to commence a human clinical study. InVivo plans to meet with the FDA in April 2012 to finalize the design for the trial."
 

http://seekingalpha.com/article/320549-here-s-why-we-like-invivo-therapeutics
 

Quote:
Originally Posted by amohedas View Post


 

Someone is definitely selling.  Remember there are a lot of early shareholders that got in during private placements and have warrants at $1.40 and lower so they have a profit that they might want to cash in. The stock isn't very liquid which leads to the massive plunges when someone tries to dump a significant number of shares.


Anything at or below $2 is a buying opportunity in my opinion. Easily trade it back over $3 on some news and higher towards the end of the year.  



 

post #58 of 295
Thread Starter 

Well that's a good question.  We could get an announcement in Q1 that the FDA has approved the trial and there is a meeting in April to finalize the design and all the criteria etc. Strange that the company "leaked" this info through SeekingAlpha instead of doing a formal press release. Not sure what there PR strategy is there. 


Unfortunately the FDA is a terribly slow bureaucracy and investors/traders tend to be impatient (notice the recent selling).  I would take advantage of weakness to accumulate shares, I have been following the stock for a long time and have held this philosophy. This is a long term hold for me >1 year and I expect to be cashing in big time long term capital gains. biggrin.gif

 

Right now there has been no material change (IMO) to the prospects for the company perhaps just a time delay in the start of the trial. If there is something material that IMO would warrant a liquidation I would point that out.

 

I picked up a few thousand shares today at $2.05.

 

big.chart?nosettings=1&symb=nviv&uf=0&type=4&size=2&sid=5633708&style=320&freq=1&time=7&rand=23372706&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1


 

Quote:
Originally Posted by Fizz1030 View Post

Hey Amohedas,

 

I don't know if you saw the latest article on InVivo on Seekingalpha but I was wondering if you had any input.  The company said they expect to meet with the FDA in April 2012 to finalize the design for the human clinical trials.  Do you think FDA approval will have to wait until after this meeting as I know approval was previously expected in early 2012.  What's your opinion?

 

"During the third quarter the company took a number of positive steps with respect to bringing its biopolymer scaffold device ("BSD") into human clinical trials. InVivo submitted an IDE to the U.S. FDA in July 2011 seeking to commence a human clinical study. InVivo plans to meet with the FDA in April 2012 to finalize the design for the trial."
 

http://seekingalpha.com/article/320549-here-s-why-we-like-invivo-therapeutics
 



 



 

post #59 of 295
Thread Starter 

Adding a self-updating chart:

 

 

stock-chart-str.aspx?id=NVIV&ca=1145643533

 

 

post #60 of 295

I agree that nothing material has changed as far as we know.  Looking at that article one could also imply that InVivo's application is already well on the path to approval considering they indicated they expect to meet with the FDA in April to go over the details of the study.  Why would the FDA be meeting with them in April to go over details if they planned on turning down the application?  All IMO of course as anything is possible, but I still think there's a strong probability of a long term payoff if the company's plans are successfully implemented.

 

Quote:
Originally Posted by amohedas View Post

Well that's a good question.  We could get an announcement in Q1 that the FDA has approved the trial and there is a meeting in April to finalize the design and all the criteria etc. Strange that the company "leaked" this info through SeekingAlpha instead of doing a formal press release. Not sure what there PR strategy is there. 


Unfortunately the FDA is a terribly slow bureaucracy and investors/traders tend to be impatient (notice the recent selling).  I would take advantage of weakness to accumulate shares, I have been following the stock for a long time and have held this philosophy. This is a long term hold for me >1 year and I expect to be cashing in big time long term capital gains. biggrin.gif

 

Right now there has been no material change (IMO) to the prospects for the company perhaps just a time delay in the start of the trial. If there is something material that IMO would warrant a liquidation I would point that out.

 

I picked up a few thousand shares today at $2.05.

 

big.chart?nosettings=1&symb=nviv&uf=0&type=4&size=2&sid=5633708&style=320&freq=1&time=7&rand=23372706&compidx=aaaaa%3a0&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=335&width=579&mocktick=1


 



 



 

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