Sernova’s Private Placement Exceeds Expectations

Sernova (TSE:SVA) has released an update.

Sernova Corp., a clinical-stage biotech firm, has announced an oversubscribed private placement of $4.7M, surpassing its $4M goal, with the final closing set for September 3, 2024. The company specializes in cell therapy technologies for chronic diseases with its flagship Cell Pouch System, aiming to create a ‘functional cure’ for insulin-dependent diabetes.

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