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Press Release Communiqué de presse - October 03, 2024 3 October, 2024
Sernova to Present at the 2024 Cell & Gene Meeting on the Mesa
LONDON, Ontario; BOSTON, Massachusetts – October 3, 2024 – Sernova Corp. (TSX:SVA) (OTCQB:SEOVF)
(FSE/XETRA:PSH), a clinical-stage biotechnology company focused on the development of regenerative
medicine cell therapies for treatment of chronic diseases, announced that its CEO, Jonathan Rigby, will be
presenting at the 2024 Cell & Gene Meeting on the Mesa being held October 7-9, 2024, at the Arizona Biltmore
Hotel in Phoenix, Arizona. The Cell & Gene Meeting on the Mesa is the sector’s foremost annual conference
bringing together senior executives and top decision-makers in the industry to advance cutting-edge research
into cell therapy cures.
Mr. Rigby’s presentation is scheduled to begin at 10:00 A.M. MT (12:00 P.M. ET) on Monday, October 7, 2024.
The presentation will include updates on Sernova’s type 1 diabetes phase 1/2 clinical trial at the University of
Chicago, and its pre-clinical work with Evotec to advance a potential iPSC-based (induced pluripotent stem cell)
islet replacement therapy with Sernova’s Cell Pouch™ Transplant System.
ABOUT SERNOVA AND ITS CELL POUCH™ TRANSLPLANT SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include
hemophilia A. Sernova is currently focused on developing a ‘functional cure’ for insulin-dependent diabetes with
its lead technology, the Cell Pouch Transplant System, a novel implantable and scalable medical device with
immune protected therapeutic cells.
On implantation, The Cell Pouch forms a natural, vascularized tissue environment in the body allowing long-term
survival and function of therapeutic cells that release essential factors that are absent or deficient in patients with
certain chronic diseases. Sernova’s Cell Pouch Transplant System has demonstrated its potential to be a
‘functional cure’ for people with T1D in an ongoing Phase I/II clinical study at the University of Chicago.
Sernova partnered with Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem cells)
based islet replacement therapy. This partnership provides Sernova a potentially unlimited supply of insulin-
producing cells to treat millions of patients with insulin-dependent diabetes (type 1 and type 2). Sernova’s
development pipeline that uses its Cell Pouch Transplant System also includes: a cell therapy for hypothyroid
disease resulting from thyroid gland removal and an ex vivo lentiviral Factor VIII gene therapy for hemophilia A.
FOR FURTHER INFORMATION, PLEASE CONTACT:
David Burke
VP, Investor Relations
Sernova Corp.
Tel: +1 917-618-2651
Email: david.burke@sernova.com
Website: www.sernova.com
The TSX has not reviewed this news release and does not accept responsibility for the accuracy or adequacy of
this news release.
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible, but not
always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential
for" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur are
used to identify forward-looking statements. These statements reflect management’s beliefs with respect to
future events and are based on information currently available to management on the date such statements were
made. Many factors could cause Sernova’s actual results, performances or achievements to not be as
anticipated, estimated or intended or to differ materially from those expressed or implied by the forward-looking
statements contained in this news release. Such factors could include, but are not limited to, the company’s
ability to secure additional financing and licensing arrangements on reasonable terms, or at all; ability to conduct
all required preclinical and clinical studies for the company’s Cell Pouch System and or related technologies,
including the timing and results of those trials; ability to obtain all necessary regulatory approvals, or on a timely
basis; ability to in-license additional complementary technologies; ability to execute its business strategy and
successfully compete in the market; and the inherent risks associated with the development of biotechnology
combination products generally. Many of the factors are beyond our control, including those caused by, related
to, or impacted by the novel coronavirus pandemic. Investors should consult the company’s quarterly and annual
filings available on www.sedarplus.ca for additional information on risks and uncertainties relating to the
forward-looking statements. Sernova expressly disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future events or otherwise.
Press Release Communiqué de presse - September 19, 2024 19 September, 2024
Sernova Appoints David Paterson Ph.D. to its Board of Directors
Sernova Appoints David Paterson Ph.D. to its Board of Directors
LONDON, Ontario; BOSTON, Massachusetts – September 19, 2024 – Sernova Corp. (TSX:SVA)
(OTCQB:SEOVF) (FSE/XETRA:PSH), a clinical-stage biotechnology company focused on the development of
regenerative medicine cell therapies for treatment of chronic diseases, announces today that David Paterson
Ph.D. will join Sernova’s Board of Directors effective immediately.
“I am pleased to have been able to attract David’s Paterson’s significant talent to Sernova’s Board of Directors,”
said Jonathan Rigby, President and Chief Executive Officer of Sernova. “Mr. Paterson brings more than 30 years
of biotech experience with substantial contributions as both a senior executive, Board member and founder of
numerous companies with a focus on corporate and business development, intellectual property generation
and prosecution and alliance management.”
Mr. Paterson is currently employed at Colorado State University as Assistant Vice President for Research
Translation and Commercialization where he manages strategic industry relationships. In addition, he brings
broad biopharma industry knowledge having worked for Impax Laboratories (IPXL: NASDAQ) in both Europe
and North America where he provided leadership and Board support to the business development team for ten
years until its acquisition by Amneal Pharmaceuticals (AMRX: NASDAQ). Prior to Impax, Mr. Paterson held
senior roles with Sepracor (Sunovion), GlaxoSmithKline and Skyepharma. Mr. Paterson is also a co-founder of
Neurogastrx, Inc helping to bring in early-stage capital. Mr. Paterson has a Batchelor of Science from the
University of Glasgow, a Ph.D. from the University of Illinois and was a Post-Doctoral Fellow in Molecular
Genetics and Cellular Biology at the University of Chicago.
“I am very excited to be joining the Board of Sernova and offer up my scope of expertise to help the company
grow and prosper within the type 1 diabetes space and to help open doors to new collaborations and further
establish the Cell Pouch Transplantation System as a top tier technology within the Regenerative Medicine Cell
Therapy sector,” said David Paterson.
ABOUT SERNOVA AND ITS CELL POUCH SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include
hemophilia A. Sernova is currently focused on developing a ‘functional cure’ for insulin-dependent diabetes
with its lead technology, the Cell Pouch System, a novel implantable and scalable medical device with immune
protected therapeutic cells.
On implantation, The Cell Pouch forms a natural vascularized tissue environment in the body for long-term
survival and function of therapeutic cells that release essential factors that are absent or deficient in the bodies
of patients with certain chronic diseases. Sernova’s Cell Pouch System has demonstrated its potential to be a
‘functional cure’ for people with T1D in an ongoing Phase 1/2 clinical study at the University of Chicago.
Sernova partnered with Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem cells)
based islet replacement therapy. This partnership provides Sernova a potentially unlimited supply of insulin-
producing cells to treat millions of patients with insulin-dependent diabetes (type 1 and type 2). Sernova’s
development pipeline that uses its Cell Pouch System also includes: a cell therapy for hypothyroid disease
resulting from thyroid gland removal and an ex vivo lentiviral Factor VIII gene therapy for hemophilia A.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Christopher Barnes
VP, Investor Relations
Sernova Corp.
Tel: +1 519-902-7923
Email: christopher.barnes@sernova.com
Website: www.sernova.com
The TSX has not reviewed this news release and does not accept responsibility for the accuracy or adequacy of
this news release.
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible, but
not always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential for" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should"
occur are used to identify forward-looking statements. These statements reflect management’s beliefs with
respect to future events and are based on information currently available to management on the date such
statements were made. Many factors could cause Sernova’s actual results, performances or achievements to
not be as anticipated, estimated or intended or to differ materially from those expressed or implied by the
forward-looking statements contained in this news release. Such factors could include, but are not limited to,
the company’s ability to secure additional financing and licensing arrangements on reasonable terms, or at all;
ability to conduct all required preclinical and clinical studies for the company’s Cell Pouch System and or
related technologies, including the timing and results of those trials; ability to obtain all necessary regulatory
approvals, or on a timely basis; ability to in-license additional complementary technologies; ability to execute
its business strategy and successfully compete in the market; and the inherent risks associated with the
development of biotechnology combination products generally. Many of the factors are beyond our control,
including those caused by, related to, or impacted by the novel coronavirus pandemic. Investors should consult
the company’s quarterly and annual filings available on www.sedarplus.ca for additional information on risks
and uncertainties relating to the forward-looking statements. Sernova expressly disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.
Press Release Communiqué de presse - September 12, 2024 12 September, 2024
Sernova Announces New Positive Data from Phase I/II Trial Regarding Islet Survival and Function
Sernova Announces New Positive Data from Phase I/II Trial Regarding Islet Survival and Function
- Abundant, richly vascularized and functioning islets observed throughout all chambers of Sernova’s Cell Pouch
more than 5 years after islet transplantation
- Histological data confirmation of healthy beta, alpha and delta cells secreting insulin, glucagon, and
somatostatin in all Cell Pouch Chambers
- Sernova’s Cell Pouch safely contains its therapeutic cells and provides full retrievability using conventional
instruments and methods
- Pathology confirmed no evidence of detrimental fibrotic tissue associated with Cell Pouch more than 5 years
after implantation
LONDON, Ontario; BOSTON, Massachusetts – September 12, 2024 – Sernova Corp. (TSX:SVA)
(OTCQB:SEOVF) (FSE/XETRA:PSH), a clinical-stage biotechnology company focused on the development of
regenerative medicine cell therapies for treatment of chronic diseases today announced the presentation of new
positive interim data from the ongoing Phase I/II clinical trial evaluating the safety, tolerability, and efficacy of
the Sernova Cell Pouch Transplant System containing donor islets in people living with type 1 diabetes (T1D).
The data was presented by Piotr Witkowski, M.D., Ph.D., Professor of Surgery and Director of the Pancreatic
and Islet Transplant Program at University of Chicago Medicine, who is the Lead Investigator for the study,
during an oral session at the 2024 European Association for the Study of Diabetes (EASD) Annual Meeting in
Madrid, Spain.
All 6 of the patients enrolled in Cohort A of Sernova’s Phase I/II clinical trial with Cell Pouch and donor islets
achieved sustained insulin independence after combined islet transplantation into Cell Pouch and intraportally.
The first patient to be treated in the trial experienced sustained insulin independence for more than 4 years
accompanied by blood sugar levels in the non-diabetic range (HbA1c ≤6.5%). More than 5 years after the first
islet transplant, the patient’s Cell Pouches containing the transplanted islets were removed because immune
suppression had to be stopped when that patient developed other, nondiabetic health issues not related to Cell
Pouch or transplanted islets.
The new histological data from those explanted Cell Pouches confirmed abundant, well-vascularized,
functioning islets consisting of cells producing insulin, glucagon and somatostatin, throughout all chambers,
more than 5 years after being transplanted to Cell Pouch. Additionally, after being in the body for more than 5
years, a pathology examination confirmed there was no evidence of detrimental fibrotic tissue, material
degradation or changes in the architecture of the Sernova Cell Pouch.
“I am excited to see this evidence of well-vascularized and healthy islets 5 years after transplant to Sernova’s
Cell Pouch; these interim findings are very promising,” commented Piotr Witkowski M.D., Ph.D. “This is a major
step forward in the development of a contained and retrievable cell therapy for the treatment of T1D. This is
the first evidence that I am aware of that demonstrates this level of healthy islet survival and function in an
implantable and retrievable system for such a long duration.”
“We believe this first-in-world data is significant for Sernova and, more specifically, provides tangible hope for
T1D patients that we are a significant step further in our mission of providing a functional cure for this terrible
disease; as a Type 1 diabetic myself I could not be more determined to drive our program forward and
ultimately onto the market,” said Jonathan Rigby, President and CEO of Sernova. “We look forward to
completing Cohort B in the near term and, based on positive data generated thus far, initiating Cohort C of our
ongoing trial later this year with an optimized immune suppression regimen. Lastly, we continue to work with
our partner Evotec on the development of induced pluripotent stem cell (iPSC)-derived islet-like clusters, which
will provide a scalable cell source so that one day we can give patients with T1D their lives back”
ABOUT THE PHASE I/II TRIAL
The Phase I/II trial (NCT03513939) is a U.S. prospective, single-arm, multi-cohort study evaluating the safety,
tolerability, and efficacy of Sernova’s Cell Pouch in combination with transplanted human-donor islets in people
living with type 1 diabetes (T1D). The trial includes participants aged 18-65 with T1D who experience
hypoglycemic unawareness and severe hypoglycemic episodes, and who are eligible for donor islet
transplantation. The trial is currently divided into two cohorts. Cohort A involved six patients who received the
first-generation 8-channel Cell Pouch. Cohort B is evaluating seven patients transplanted with an optimized 10-
channel Cell Pouch, which has a 50% greater islet capacity than the Cell Pouch used in Cohort A. As part of the
process, patients are implanted with the Cell Pouch subcutaneously. Approximately six weeks later - allowing
time to establish a stable immunosuppression therapy for the patient - islets are transplanted into the
prevascularized tissue chambers formed by the Cell Pouch. Safety and efficacy are assessed throughout the 12
months following the last islet transplant. Patients still dependent on insulin 6 months after the second islet
transplant may qualify for a third transplant via the portal vein. Those who retain implants will be followed for
at least three years. The secondary objectives of the trial include the following efficacy endpoints: continuous
glucose monitoring, production of C-peptide, insulin use, HbA1c levels, and the frequency of severe
hypoglycemic episodes.
ABOUT SERNOVA AND ITS CELL POUCH™ TRANSPLANT SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include
hemophilia A. Sernova is currently focused on developing a ‘functional cure’ for insulin-dependent diabetes
with its lead technology, the Cell Pouch Transplant System, a novel implantable and scalable medical device
with immune protected therapeutic cells.
On implantation, The Cell Pouch forms a natural, vascularized tissue environment in the body allowing long-
term survival and function of therapeutic cells that release essential factors that are absent or deficient in
patients with certain chronic diseases. Sernova’s Cell Pouch Transplant System has demonstrated its potential
to be a ‘functional cure’ for people with T1D in an ongoing Phase I/II clinical study at the University of Chicago.
Sernova partnered with Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem cells)
based islet replacement therapy. This partnership provides Sernova a potentially unlimited supply of insulin-
producing cells to treat millions of patients with insulin-dependent diabetes (type 1 and type 2). Sernova’s
development pipeline that uses its Cell Pouch Transplant System also includes: a cell therapy for hypothyroid
disease resulting from thyroid gland removal and an ex vivo lentiviral Factor VIII gene therapy for hemophilia A.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Christopher Barnes
VP, Investor Relations
Sernova Corp.
Tel: +1 519-902-7923
Email: christopher.barnes@sernova.com
Website: www.sernova.com
The TSX has not reviewed this news release and does not accept responsibility for the accuracy or
adequacy of this news release.
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible, but
not always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential for" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should"
occur are used to identify forward-looking statements. These statements reflect management’s beliefs with
respect to future events and are based on information currently available to management on the date such
statements were made. Many factors could cause Sernova’s actual results, performances or achievements to
not be as anticipated, estimated or intended or to differ materially from those expressed or implied by the
forward-looking statements contained in this news release. Such factors could include, but are not limited to,
the company’s ability to secure additional financing and licensing arrangements on reasonable terms, or at all;
ability to conduct all required preclinical and clinical studies for the company’s Cell Pouch System and or
related technologies, including the timing and results of those trials; ability to obtain all necessary regulatory
approvals, or on a timely basis; ability to in-license additional complementary technologies; ability to execute
its business strategy and successfully compete in the market; and the inherent risks associated with the
development of biotechnology combination products generally. Many of the factors are beyond our control,
including those caused by, related to, or impacted by the novel coronavirus pandemic. Investors should consult
the company’s quarterly and annual filings available on www.sedarplus.ca for additional information on risks
and uncertainties relating to the forward-looking statements. Sernova expressly disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.
Press Release Communiqué de presse - September 05, 2024 5 September, 2024
Sernova to Participate in Upcoming H.C. Wainwright Investor Conference
Sernova to Participate in Upcoming H.C. Wainwright Investor Conference
LONDON, Ontario – September 5, 2024 – Sernova Corp. (TSX:SVA) (OTCQB:SEOVF) (FSE/XETRA:PSH), a
clinical- stage company and leader in cell therapeutics, today announced it will be participating in the
upcoming H.C. Wainwright 26th Annual Global Investment Conference being held September 9 to 11, 2024
in New York City at the Lotte New York Palace. Company management will also be participating in one-on-
one investor meetings at the conference.
Sernova’s presentation will be webcast, details as follows:
Sernova Corporate Presentation Date & Time: 11:00AM ET, September 11, 2024 presented by Jonathan
Rigby, President & Chief Executive Officer, Sernova Corp Location:
https://journey.ct.events/view/c4b9e5c3-766e-4c11-a345-bedcacb42ce8
Please contact your representative at H.C. Wainwright to schedule a one-on-one meeting with the
management team during the conference.
ABOUT SERNOVA AND ITS CELL POUCH SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes and thyroid disease. Sernova is currently focused on
developing a ‘functional cure’ for insulindependent diabetes with its lead technology, the Cell Pouch System,
a novel implantable and scalable medical device with immune protected therapeutic cells. On implantation,
The Cell Pouch forms a natural, vascularized tissue environment in the body allowing long- term survival and
function of therapeutic cells that release essential factors that are absent or deficient in patients with certain
chronic diseases. Sernova’s Cell Pouch System has demonstrated its potential to be a ‘functional cure’ for
people with T1D in an ongoing Phase 1/2 clinical study at the University of Chicago. Sernova is collaborating
with Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem cells) based islet
replacement therapy. This partnership is expected to provide Sernova a potentially unlimited supply of
insulin-producing cells to treat millions of patients with insulin-dependent diabetes (type 1 and type 2).
Sernova’s Cell Pouch System development pipeline also includes a cell therapy for hypothyroid disease
resulting from thyroid gland removal, and an ex vivo lentiviral Factor VIII gene therapy for hemophilia A.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Christopher Barnes
VP Investor Relations
Sernova Corp.
Tel: +1 519-902-7923
Email: christopher.barnes@sernova.com
Website: www.sernova.com
The TSX has not reviewed this news release and does not accept responsibility for the
accuracy or adequacy of this news release.
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible,
but not always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential for" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur are used to identify forward-looking statements. These statements reflect
management’s beliefs with respect to future events and are based on information currently available to
management on the date such statements were made. Many factors could cause Sernova’s actual results,
performances or achievements to not be as anticipated, estimated or intended or to differ materially from
those expressed or implied by the forwardlooking statements contained in this news release. Such factors
could include, but are not limited to, the company’s ability to secure additional financing and/or licensing
arrangements on reasonable terms, or at all; conduct all required preclinical and clinical studies for the
company’s Cell Pouch System and or related technologies, including the timing and results of those trials;
obtain all necessary regulatory approvals, or on a timely basis; in-license additional complementary
technologies; execute its business strategy and successfully compete in the market; and the inherent risks
associated with the development of biotechnology combination products generally. Many of the factors are
beyond our control, including those caused by, related to, or impacted by the novel coronavirus pandemic.
Investors should consult the company’s quarterly and annual filings available on www.sedarplus.ca for
additional information on risks and uncertainties relating to the forward-looking statements. Sernova
expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Press Release Communiqué de presse - September 04, 2024 4 September, 2024
Sernova Closes $5.2 Million Over-subscribed Non-brokered, Private Placement
SERNOVA CLOSES $5.2 MILLION OVER-SUBSCRIBED NON-BROKERED, PRIVATE PLACEMENT
LONDON, ONTARIO – September 4, 2024 - Sernova Corp. (TSX: SVA) (OTCQB: SEOVF) (FSE: PSH) is
pleased to announce that it has closed its non-brokered, private placement in the amount over $5.2 million,
which includes over-subscriptions of more than $1.2 million.
All securities issued pursuant to the private placement are subject to a hold period of four months under
applicable provincial securities laws in Canada. The private placement was announced on August 20, 2024,
and closed on September 3, 2024.
On Thursday September 12 at the 2024 EASD Annual Meeting in Madrid, Spain, Sernova’s principal clinical
study investigator will provide an update on recent data generated from its phase I/II clinical study of Cell
Pouch™ containing human donor islets for the treatment of type 1 diabetes.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be
offered or sold within the United States unless registered under the U.S. Securities Act and applicable state
securities laws or an exemption from such registration is available.
ABOUT SERNOVA AND ITS CELL POUCH SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes and thyroid disease. Sernova is currently focused on
developing a ‘functional cure’ for insulindependent diabetes with its lead technology, the Cell Pouch System,
a novel implantable and scalable medical device with immune protected therapeutic cells.
On implantation, The Cell Pouch forms a natural, vascularized tissue environment in the body allowing long-
term survival and function of therapeutic cells that release essential factors that are absent or deficient in
patients with certain chronic diseases. Sernova’s Cell Pouch System has demonstrated its potential to be a
‘functional cure’ for people with T1D in an ongoing Phase 1/2 clinical study at the University of Chicago.
Sernova is collaborating with Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem
cells) based islet replacement therapy. This partnership is expected to provide Sernova a potentially
unlimited supply of insulin-producing cells to treat millions of patients with insulin-dependent diabetes (type
1 and type 2). Sernova’s Cell Pouch System development pipeline also includes a cell therapy for
hypothyroid disease resulting from thyroid gland removal, and an ex vivo lentiviral Factor VIII gene therapy
for hemophilia A.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Christopher Barnes
VP Investor Relations
Sernova Corp.
Tel: +1 519-902-7923
Email: christopher.barnes@sernova.com
Website: www.sernova.com
The TSX has not reviewed this news release and does not accept responsibility for the accuracy or adequacy
of this news release.
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible,
but not always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential for" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur are used to identify forward-looking statements. These statements reflect
management’s beliefs with respect to future events and are based on information currently available to
management on the date such statements were made. Many factors could cause Sernova’s actual results,
performances or achievements to not be as anticipated, estimated or intended or to differ materially from
those expressed or implied by the forwardlooking statements contained in this news release. Such factors
could include, but are not limited to, the company’s ability to secure additional financing and/or licensing
arrangements on reasonable terms, or at all; conduct all required preclinical and clinical studies for the
company’s Cell Pouch System and or related technologies, including the timing and results of those trials;
obtain all necessary regulatory approvals, or on a timely basis; in-license additional complementary
technologies; execute its business strategy and successfully compete in the market; and the inherent risks
associated with the development of biotechnology combination products generally. Many of the factors are
beyond our control, including those caused by, related to, or impacted by the novel coronavirus pandemic.
Investors should consult the company’s quarterly and annual filings available on www.sedarplus.ca for
additional information on risks and uncertainties relating to the forward-looking statements. Sernova
expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Press Release Communiqué de presse - August 29, 2024 29 August, 2024
Sernova Announces Oversubscribed Non-brokered Private Placement
SERNOVA ANNOUNCES OVERSUBSCRIBED NON-BROKERED PRIVATE PLACEMENT
THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES.
LONDON, ONTARIO - August 29, 2024 - Sernova Corp. (TSX: SVA) (OTCQB: SEOVF) (FSE: PSH) is pleased to
announce that its non-brokered, private placement offering of $4M is oversubscribed with $4.7M of binding
agreements received. The closing will occur on Tuesday September 3, 2024, subject to TSX approval.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
the United States. The securities have not been and will not be registered under the United States Securities Act
of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold
within the United States unless registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.
ABOUT SERNOVA AND ITS CELL POUCH SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes and thyroid disease. Sernova is currently focused on
developing a ‘functional cure’ for insulindependent diabetes with its lead technology, the Cell Pouch System, a
novel implantable and scalable medical device with immune protected therapeutic cells. On implantation, The
Cell Pouch forms a natural, vascularized tissue environment in the body allowing long- term survival and
function of therapeutic cells that release essential factors that are absent or deficient in patients with certain
chronic diseases. Sernova’s Cell Pouch System has demonstrated its potential to be a ‘functional cure’ for
people with T1D in an ongoing Phase 1/2 clinical study at the University of Chicago. Sernova partnered with
Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem cells) based islet replacement
therapy. This partnership provides Sernova a potentially unlimited supply of insulin-producing cells to treat
millions of patients with insulin-dependent diabetes (type 1 and type 2). Sernova’s development pipeline that
uses its Cell Pouch System also includes: a cell therapy for hypothyroid disease resulting from thyroid gland
removal and an ex vivo lentiviral Factor VIII gene therapy for hemophilia A.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Christopher Barnes
VP Investor Relations
Sernova Corp.
Tel: +1 519-902-7923
Email: christopher.barnes@sernova.com
Website: www.sernova.com
The TSX has not reviewed this news release and does not accept responsibility for the accuracy or
adequacy of this news release.
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible, but
not always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential for" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should"
occur are used to identify forward-looking statements. These statements reflect management’s beliefs with
respect to future events and are based on information currently available to management on the date such
statements were made. Many factors could cause Sernova’s actual results, performances or achievements to
not be as anticipated, estimated or intended or to differ materially from those expressed or implied by the
forwardlooking statements contained in this news release. Such factors could include, but are not limited to, the
company’s ability to complete the Offering, in part or at all; secure additional financing and/or licensing
arrangements on reasonable terms, or at all; conduct all required preclinical and clinical studies for the
company’s Cell Pouch System and or related technologies, including the timing and results of those trials;
obtain all necessary regulatory approvals, or on a timely basis; in-license additional complementary
technologies; execute its business strategy and successfully compete in the market; and the inherent risks
associated with the development of biotechnology combination products generally. Many of the factors are
beyond our control, including those caused by, related to, or impacted by the novel coronavirus pandemic.
Investors should consult the company’s quarterly and annual filings available on www.sedarplus.ca for
additional information on risks and uncertainties relating to the forward-looking statements. Sernova expressly
disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
Press Release Communiqué de presse - August 20, 2024 20 August, 2024
Sernova Announces Up to $4 Million Private Placement Priced at a Premium
Sernova Announces Up to $4 Million Private Placement Priced at a Premium
THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES.
LONDON, ONTARIO - August 20, 2024 - Sernova Corp. (TSX: SVA) (OTCQB: SEOVF) (FSE: PSH) is pleased to
announce that the Company has secured over $2 million in lead orders in connection with a non-brokered
private placement offering (the “Offering”) for up to $4 million units priced at a premium to the market.
Each unit is priced at $0.25, and consists of one common share and one warrant. Each warrant is priced at
$0.30 per share and is exercisable for a period of 18 months, subject to Sernova’s option to shorten the exercise
period if the 20-day volume-weighted average price of the Company’s shares exceeds $0.50.
The net proceeds from the private placement will be used to continue enrolment in the Company's US-based
Phase I/II Type 1 diabetes clinical trial, to advance an IND filing for its post-operative hypothyroidism program
and for general corporate purposes.
Newly appointed Sernova CEO Jonathan Rigby stated, “We are pleased to announce a financing round led by
legacy investors with insider participation. Our goal is to secure sufficient capital to maintain ongoing clinical
initiatives. The company recently announced that data from its ongoing clinical trial of its Cell Pouch™
technology containing donor Islet cells to treat Type 1 diabetes will be presented at the European Association
for the Study of Diabetes (EASD), 9-13 September in Madrid, Spain.”
All securities issued in connection with the private placement will be subject to a statutory hold period of four
months. Completion of the private placement is subject to customary closing conditions, including acceptance
of the TSX. The private placement is expected to close prior to August 28, 2024.
The Company expects insider participation in the Offering, which may be considered a related party transaction
within the meaning of Multilateral Instrument 61-101 (“MI 61-101”). Sernova intends to rely on the exemptions
from the valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(a)
and 5.7(1)(a) of MI 61-101 in respect of any insider participation.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
the United States. The securities have not been and will not be registered under the United States Securities Act
of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold
within the United States unless registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.
ABOUT SERNOVA AND ITS CELL POUCH SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes and thyroid disease. Sernova is currently focused on
developing a ‘functional cure’ for insulin-dependent diabetes with its lead technology, the Cell Pouch System, a
novel implantable and scalable medical device with immune protected therapeutic cells.
On implantation, The Cell Pouch forms a natural, vascularized tissue environment in the body allowing long-
term survival and function of therapeutic cells that release essential factors that are absent or deficient in
patients with certain chronic diseases. Sernova’s Cell Pouch System has demonstrated its potential to be a
‘functional cure’ for people with T1D in an ongoing Phase 1/2 clinical study at the University of Chicago.
Sernova partnered with Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem cells)
based islet replacement therapy. This partnership provides Sernova a potentially unlimited supply of insulin-
producing cells to treat millions of patients with insulin-dependent diabetes (type 1 and type 2). Sernova’s
development pipeline that uses its Cell Pouch System also includes: a cell therapy for hypothyroid disease
resulting from thyroid gland removal and an ex vivo lentiviral Factor VIII gene therapy for hemophilia A
FOR FURTHER INFORMATION, PLEASE CONTACT:
Christopher Barnes
VP Investor Relations
Sernova Corp.
Tel: +1 519-902-7923
Email: christopher.barnes@sernova.com
Website: www.sernova.com
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible, but
not always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential for" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should"
occur are used to identify forward-looking statements. These statements reflect management’s beliefs with
respect to future events and are based on information currently available to management on the date such
statements were made. Many factors could cause Sernova’s actual results, performances or achievements to
not be as anticipated, estimated or intended or to differ materially from those expressed or implied by the
forward-looking statements contained in this news release. Such factors could include, but are not limited to,
the company’s ability to complete the Offering, in part or at all; secure additional financing and/or licensing
arrangements on reasonable terms, or at all; conduct all required preclinical and clinical studies for the
company’s Cell Pouch System and or related technologies, including the timing and results of those trials;
obtain all necessary regulatory approvals, or on a timely basis; in-license additional complementary
technologies; execute its business strategy and successfully compete in the market; and the inherent risks
associated with the development of biotechnology combination products generally. Many of the factors are
beyond our control, including those caused by, related to, or impacted by the novel coronavirus pandemic.
Investors should consult the company’s quarterly and annual filings available on www.sedarplus.ca for
additional information on risks and uncertainties relating to the forward-looking statements. Sernova expressly
disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
Press Release Communiqué de presse - August 15, 2024 15 August, 2024
Lead Investigator for Sernova's Clinical Trial with Cell Pouch for Type 1 Diabetes to Deliver Oral Presentation at the 2024 EASD Annual Meeting
Lead Investigator for Sernova’s Clinical Trial with Cell Pouch for Type 1 Diabetes to Deliver Oral Presentation at
the 2024 EASD Annual Meeting
- Dr. Piotr Witkowski MD PhD, Professor of Surgery and Director of the Pancreatic and Islet Transplant Program,
and his islet transplant team at University of Chicago Medicine authored an abstract that will be presented,
including new data from the ongoing Phase I/II clinical trial of the Cell Pouch System™ in patients with type 1
diabetes (T1D).
LONDON, Ontario; BOSTON, Massachusetts – August 15, 2024 – Sernova Corp. (TSX:SVA) (OTCQB:SEOVF)
(FSE/XETRA:PSH), a clinical-stage biotechnology company focused on the development of regenerative
medicine cell therapies for treatment of chronic diseases such as Type 1 Diabetes, today announced a short
oral presentation at the upcoming European Association for the Study of Diabetes (EASD) taking place
September 9-13, 2024 in Madrid, Spain.
Additional details, including accepted abstracts, are available on the EASD website at www.easd.org In
alignment with the embargo policy, Sernova plans to share details from Dr. Witkowski’s talk, following the
presentation.
Presentation details:
European Association for the Study of Diabetes - 2024 Annual Meeting – Madrid, Spain Oral Event F: Improving
Islet Transplantation - Thursday September 12, 2024 2:00pm to 3:00pm Central European Time
Abstract # 447: Islet allotransplantation into pre-vascularized Sernova Cell Pouch™: Interim Results: P.
Witkowski, N. Wojcik, S. Gondek, J. Tomecki, K. Milejczyk, B. Juengel, L. Wang, J. J. Fung, R. Barth, USA.
Sernova Corp continues to collaborate closely with leading academic, pharmaceutical and clinical institutions to
expand the scope and impact of its technology. The company anticipates further advancements as it progresses
through additional cohorts and trials, with the ultimate goal of offering a scalable solution for insulin-dependent
diabetes plus other chronic diseases.
ABOUT SERNOVA AND ITS CELL POUCH SYSTEM PLATFORM FOR CELL THERAPY
Sernova Corp. is a clinical-stage biotechnology company that is developing therapeutic cell technologies for
chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include
hemophilia A. Sernova is currently focused on developing a ‘functional cure’ for insulin-dependent diabetes
with its lead technology, the Cell Pouch System, a novel implantable and scalable medical device with immune
protected therapeutic cells.
On implantation, The Cell Pouch forms a natural, vascularized tissue environment in the body allowing long-
term survival and function of therapeutic cells that release essential factors that are absent or deficient in
patients with certain chronic diseases. Sernova’s Cell Pouch System has demonstrated its potential to be a
‘functional cure’ for people with T1D in an ongoing Phase 1/2 clinical study at the University of Chicago.
Sernova partnered with Evotec to develop an implantable off-the-shelf iPSC (induced pluripotent stem cells)
based islet replacement therapy. This partnership provides Sernova a potentially unlimited supply of insulin-
producing cells to treat millions of patients with insulin-dependent diabetes (type 1 and type 2). Sernova’s
development pipeline that uses its Cell Pouch System also includes: a cell therapy for hypothyroid disease
resulting from thyroid gland removal and an ex vivo lentiviral Factor VIII gene therapy for hemophilia A.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Christopher Barnes
VP, Investor Relations
Sernova Corp.
Tel: +1 519-902-7923
Email: christopher.barnes@sernova.com
Website: www.sernova.com
FORWARD-LOOKING INFORMATION
This release contains statements that, to the extent they are not recitations of historical facts, may constitute
“forward-looking statements” that involve various risks, uncertainties, and assumptions, including, without
limitation, statements regarding the prospects, plans, and objectives of the company. Wherever possible, but
not always, words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects",
"potential for" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should"
occur are used to identify forward-looking statements. These statements reflect management’s beliefs with
respect to future events and are based on information currently available to management on the date such
statements were made. Many factors could cause Sernova’s actual results, performances or achievements to
not be as anticipated, estimated or intended or to differ materially from those expressed or implied by the
forward-looking statements contained in this news release. Such factors could include, but are not limited to,
the company’s ability to secure additional financing and licensing arrangements on reasonable terms, or at all;
ability to conduct all required preclinical and clinical studies for the company’s Cell Pouch System and or
related technologies, including the timing and results of those trials; ability to obtain all necessary regulatory
approvals, or on a timely basis; ability to in-license additional complementary technologies; ability to execute
its business strategy and successfully compete in the market; and the inherent risks associated with the
development of biotechnology combination products generally. Many of the factors are beyond our control,
including those caused by, related to, or impacted by the novel coronavirus pandemic. Investors should consult
the company’s quarterly and annual filings available on www.sedarplus.ca for additional information on risks
and uncertainties relating to the forward-looking statements. Sernova expressly disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise.
Disclaimer Avis de non-responsabilite
Sernova maintains the investor relations section of this internet site as an informational service and for the readers. Sernova maintient la section des relations investisseurs de ce site Internet en tant que service afin d’informer les lecteurs.
This site is not intended to supplement or substitute for the legal disclosure for the Corporation or the prospectus disclosure related to the public offering of any of its securities. Please read the legal notice on the site before you proceed. Ce site n'a pas pour objet de compléter ou de remplacer la divulgation légale de la Société ou les informations du prospectus relatives à l’offre au public de ses titres. Veuillez lire l'avis juridique sur le site avant de poursuivre.
Privacy PolicyPolitique de confidentialité
Updated July 6, 2018
Please read this Policy carefully along with our Legal Notice that describes our Terms of Use for the Website.
By accessing www.sernova.com (the “Website”) you hereby agree with the practices described in this Privacy Policy (the “Policy”)
This Policy applies to all information gathered through the Website and/or any related marketing technique or events.
Information Collection
The information collected is limited to the information that you decide to share with us through the News Dispatch Service, when participating at event or activities or in the general course of business by expressing an interest in obtaining information about Sernova Corp. and our products, such as name, email, phone number, and similar contact information. This information is stored through MailChimp (please refer to MailChimp Privacy Policy at https://mailchimp.com/legal/privacy/).
Information Sharing
Sernova Corp. is the sole owner of any information collected on the Website. We do not sell, share or rent this information to others.
Traffic and Automatic Information Collection
Sernova Corp. maintains log files of the traffic on www.sernova.com. This information is not linked to any personal information that you have provided us. Logs are used to manage traffic, identify content accessed, and IT requirements. Information logged and automatically collected includes without being limited to IP addresses and browser types. This information does not reveal your specific identity.
Cookies
Cookies can be used to provide you with a more personalized experience. The Website may use cookies to make that experience more companionable when you return to the Website. You have the option at all time to decline the use of cookies. If you choose to do so, you may not be able to fully use all features of the Website. You can also delete cookie files at all time from your computer. Those cookies may include first-party cookies (such as the Google Analytics cookies).
Updates
This Policy is a living document and may be amended or updated from time to time without further notice. We encourage you to review the Policy periodically.
Contact
If you have any questions or comments about our policy, you can email us at info@sernova.com or by phone at 1(877) 299-4603 or by mail at
Sernova Corp.
700 Collip Circle, Suite 114
London, ON Canada N6G 4X8
Mis à jour le 6 juillet 2018
Veuillez lire attentivement cette politique ainsi que notre avis juridique qui décrit nos conditions d'utilisation du site Web.
En accédant à www.sernova.com (le «site Web»), vous acceptez les pratiques décrites dans la présente politique de confidentialité (la «politique»).
Cette politique s'applique à toutes les informations collectées via le site Web et / ou toute technique ou événement marketing associé.
Collecte d'informations
Les informations collectées se limitent aux informations que vous décidez de partager avec nous par le biais du service d’expédition de nouvelles, lorsque vous participez à un événement ou à des activités ou que vous vous intéressez à obtenir des informations sur Sernova Corp. comme nom, email, numéro de téléphone et informations de contact similaires. Ces informations sont stockées via MailChimp (veuillez vous reporter aux règles de confidentialité de MailChimp sur https://mailchimp.com/legal/privacy/).
Partage d'information
Sernova Corp. est l'unique propriétaire de toute information collectée sur le site Web. Nous ne vendons pas, ne partageons pas ou ne louons pas ces informations à des tiers.
Collecte d'informations routières et automatiques
Sernova Corp. gère les fichiers journaux du trafic sur www.sernova.com. Ces informations ne sont liées à aucune information personnelle que vous nous avez fournie. Les journaux sont utilisés pour gérer le trafic, identifier le contenu accédé et les besoins informatiques. Les informations consignées et collectées automatiquement ne sont pas limitées aux adresses IP et aux types de navigateur. Cette information ne révèle pas votre identité spécifique.
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Mises à jour
Cette politique est un document évolutif et peut être modifié ou mis à jour de temps à autre sans préavis. Nous vous encourageons à consulter la politique périodiquement.
Contact
Si vous avez des questions ou des commentaires sur notre politique, vous pouvez nous envoyer un courriel à info@sernova.com ou par téléphone au 1 (877) 299-4603 ou par courrier à
Sernova Corp.
700 Collip Circle, Suite 114
London, ON Canada N6G 4X8