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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, 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.


TSX:SVA - Post by User

Comment by Sailboatdreamon Apr 01, 2021 8:01am
148 Views
Post# 32921118

RE:RE:RE:RE:RE:RE:Bravo! Leede Jones Gable

RE:RE:RE:RE:RE:RE:Bravo! Leede Jones Gable

Yep... the straw breaking the camel's back is not the same for everyone.  Bad deals when the company is struggling with unconvincing results as happened prior to 2020 is one thing.  Forgivable.  But squandering shareholder value after publication of groundbreaking results in Jan... that was my last straw.  

Company needs to stop with the excuses and treating time as if it was free.  If they can't capitalize on the current results and obvious potential immediately, they (management and BoD) need to move over.  Either new team or get bid pharma to step in.

Hard decisions, but in the best interest of the company and current shareholders.  Unfortunately, current management does not recognize need to change and selling to big pharma low on their list of preferences.  Even more unfortunate, alternative paths not producing results.  

Current team guilty of cardinal sin of business... letting perfect getting in the way of very good.

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