Sernova Corp T.SVA

Alternate Symbol(s): SEOVF

Healthcare Medical Devices

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, 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 requiring replacement of these molecules in the body.

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Sernova Corp > $10 million bought deal

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Comment by markegon Feb 03, 2021 6:25pm

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Post# 32465827

RE:RE:$10 million bought deal

BioTeck wrote: So what could Sernova possibly need an additional 10 million for when they just got 6 million in warrants?

Hmmm

I know what it is. For $10M they can buy roughly 232600 24-packs of Michelob Ultra. Enough to cover 4.67 Acres in beer.

However if one went to costco you could possibly get that up to 5 acres. I sure hope they spend it wisely.

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