VivoSim Labs, INC.

VivoSim Labs, Inc. is a U.S.-based pharmaceutical and biotechnology services company focused on 3D human tissue models of liver and intestine. Through its subsidiaries, it combines toxicology testing, drug-response research, and related intellectual property licensing around non-animal new approach methodologies (NAMs).

−8 604,6 %

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−10 567,2 %

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2.38

— VivoSim Labs, INC.
%
3D tissue toxicology services55% Testing of drugs and drug candidates in liver and intestinal human tissue models.
Investigational and mechanism studies20% Custom research services using complex human tissue models to study drug effects and biology.
IP licensing and royalties20% Royalties and licensing income from intellectual property and related agreements.
Human cell products5% Cell-based products sold through the former Mosaic Cell Sciences business.

Customers are primarily pharmaceutical and biotechnology companies that need human-relevant data to evaluate drug...

  • Pharmaceutical companiesprimary

    Buy toxicology and mechanism studies to de-risk drug candidates before clinical development.

  • Biotechnology companiesprimary

    Use 3D tissue models and custom studies to support discovery and translational research.

  • Research collaboratorssecondary

    Partner on exploratory studies, validation work, and disease-model applications.

  • Life-science product customerssecondary

    Purchase human cell-based products for R&D and laboratory use.

  • Licensees and royalty payorssecondary

    Generate royalty revenue through use of licensed intellectual property.

VivoSim Labs is headquartered in San Diego, California and operates as a U.S.-based company...

  • Headquartered in San Diego, California
  • U.S.-based corporate and scientific operations
  • Nasdaq Capital Market listing in the United States
  • Customer and licensing relationships may be international
  • Human cell sourcing depends on third-party suppliers

The company is repositioning around 3D human tissue models, NAM-based toxicology services, and related intellectual...

01
Grow NAM-based toxicology servicesshort-term

Human tissue models can provide more relevant drug-safety insights than traditional approaches.

02
Deepen partner and collaboration networkmedium-term

External relationships are needed to commercialize services and broaden scientific applications.

03
Monetize intellectual property and legacy assetsmedium-term

Licensing and royalties can support the business while the services platform scales.

The business depends on unproven commercial adoption of 3D tissue models, continued access to human cells, and the...

high

Unproven adoption of 3D tissue models

Commercial demand may develop slowly if customers do not adopt NAM methods at scale.

Scope
Services platform and internal research programs
Materiality
high
high

Human cell supply constraints

The company relies on third-party suppliers for qualified human cells used in tissue models.

Scope
Liver and intestine tissue activities
Materiality
high
high

Financing and liquidity pressure

The company requires additional capital to fund operations and development activities.

Scope
Corporate overhead and ongoing R&D
Materiality
high
medium

Partnering and collaboration risk

The business model depends on strategic relationships to commercialize services and IP.

Scope
Pharma, biotech, university, hospital, and government partners
Materiality
high
medium

Talent retention and recruitment

Scientific and operational execution depends on specialized employees and contractors.

Scope
R&D, service delivery, and business development
Materiality
medium
Revenue recognition
Affects timing and volatility of reported revenue
Sales-based royalties
Can create lumpy revenue recognition
Stock-based compensation
Affects operating expense and reported losses
Contingent milestone consideration
Could affect future cash receipts and accounting judgments

: 29.4.2026