Sernova (TSE:SVA) has released an update.
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Sernova Corp., a clinical-stage biotech company, has announced an oversubscribed private placement offering, receiving $4.7M in binding agreements against its offer of $4M. The investment, which is subject to TSX approval, indicates strong investor confidence in the company’s innovative Cell Pouch System platform aimed at treating chronic diseases like diabetes and thyroid disease.
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