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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 Metalsguy1on Feb 06, 2023 2:43pm
595 Views
Post# 35269912

Anybody actually read the financials???

Anybody actually read the financials???Everyone needs to read the financial reports. Sernova is starting to look like a country club handing out lots of swag.

Look at the 2022 increases in IR costs, personnel costs, and the millions in stock options and DSUs!!!!

I would not care about the increases if the share price had also increased along with.

Rumor has it that key personnel work from home...quite remote and only come in to the office rarely. Again not a problem but shareholders are just being treated like a piggy bank for lifestyles of the not so rich and infamous.
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