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Sernova Corp T.SVA

Alternate Symbol(s):  SEOVF

Sernova Corp. is a Canada-based clinical-stage biotechnology company, which is developing therapeutic cell technologies for chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include hemophilia A. The Company is focused on developing a functional cure for insulin-dependent diabetes with its therapeutic cell technology lead asset, the Cell Pouch System, a novel implantable and scalable medical device with immune protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device. The Cell Pouch is designed to create a vascularized organ-like environment for the transplantation and engraftment of therapeutic cells. Its regenerative medicine therapeutic approach is to provide cell therapies where the cells, transplanted within an organ-like vascularized implantable device, the Cell Pouch, generates proteins, hormones or factors released into the bloodstream for treatment of diseases.


TSX:SVA - Post by User

Post by MoneyMouthon Apr 28, 2022 5:33pm
238 Views
Post# 34640411

I liked this AGM

I liked this AGM
Personally, I liked the presentation. Bio sold it short despite getting answers to the questions he so frequently complains about not getting.

Patient 7, is getting the bigger 10-plug pouch which is still in manufacturing and still requires FDA approval for use in patient 7. There's your status update, now stop asking

Conformal Coating - they are still working on the characterization study and other preclinical work. Preclinically the technology is showing efficacy. They still need to develop the gcmp manufacturing procedures and need to develop a way to scale up the tech for use in the cell pouch. Theres your update, now stop asking

Thyroid - currently developing the regulatory packages for submission to the FDA. Expected to be completed this year meaning hopes for a trial in 2023. Again, stop asking

Hemophilia - working with collaborators to continue preclinical studies and development of regulatory package. Intended EU-based clinical trial. Likely 2 years out. There ya have it

TSX Uplisting - you could tell he couldn't answer that question because he wasn't allowed. Basically said they've done everything and it is out of their hands. If you take a look at all of the last tsx uplistings, the announcement came from the company 1-2 days prior to the actual uplisting. Not 2 weeks prior or anything like that. So don't expect any news on it until its actually happening the next day. Also said expect more in the very near term

Business Deals - the intent is to transition existing collaborations into formal agreements. He explicitly mentioned that there is a company out there very interested in the technology for a rare disease indication.

This should all shut bio up for quite a while because this was an extremely transparent presentation. You've complained about not getting answers now you have them whether you like the answer or not
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