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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 Jan 26, 2022 11:56am
196 Views
Post# 34362519

RE:RE:RE:RE:RE:RE:RE:Exciting update!!

RE:RE:RE:RE:RE:RE:RE:Exciting update!!

SF... good summary.  And I am not saying Philip did nothing right in the past 13 years.  The clinical studies, the safety of the pouch, conformal coating and identifying other applications... he certainly deserves credit.  

But the business side / commercial needs someone else.  A closer.  I don't think Philip has it in him.  Too many "near misses" in the last year.  

I also disagree with some of your statements.  Non-dilutive financing?!  Compare the float between July 2020 and now.  But you are correct that there does not appear to be convertible debt.

LifeSci?   There was a minor blip on the share price where they were announced.  But evidence of tangible results is lacking.  I.e.  where are the institutional investors?  Why did they not pick up the slack on Jan 10 sell-off?  Where is the new money?  

Is Philip making efforts?  Yes.  Are the efforts translating to results?  Not so much.  

Like I said... good guy.  Thank you for your services.  But time for a change. 

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