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Sernova was founded in 2006
Sernova is a clinical-stage company developing products for the treatment of chronic debilitating diseases using therapeutic cells transplanted into an implanted medical device, the Cell Pouch™. The Cell Pouch™ forms a natural environment for the long-term survival and function of the therapeutic cells which release needed proteins or hormones. The company’s first products are for the treatment of insulin-dependent diabetes.
Sernova’s Cell Pouch™, combined with its Sertolin™ local immune protection technology, offers therapeutic cells local protection from immune system attack creating an effective, safe, long-term and convenient therapeutic option for patients with chronic disease who seek to improve their quality of life.
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Sernova is committed to the development and clinical advancement of its products for chronic diseases using therapeutic cells transplanted into an implanted medical device, forming a natural environment promoting long term function of the therapeutic cells. The company’s management believes in building strong and long-lasting collaborations and partnerships that would lead to the rapid advancement of Sernova’s portfolio of products into the market, improving global health and bringing value to patients and society.
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Cell Pouch System™
Sernova’s Cell Pouch System™ is a novel implantable and scalable medical device which forms a natural environment in the body for the housing and long-term survival and function of therapeutic cells. These therapeutic cells release necessary proteins or hormones missing from the body to treat chronic diseases as an alternative to daily administration of drugs.Read More…
Sertolin™ provides an immune-protected local environment for transplanted therapeutic cells such as insulin producing islets by producing factors which modulate the local immune response. Sertolin™ may reduce or eliminate the need for immunosuppressant agents.Read More…
Director - Board of Directors
Mr. Parsons is currently Chief Financial Officer of Trillium Therapeutics Inc. since August 2011. From 2010 to May 2013 he was Vice President Finance and Corporate Secretary at DiaMedica Therapeutics Inc.
Mr. Parsons has a broad background in the life sciences industry across therapeutics, diagnostics and device companies and over 25 years of financial management experience. Mr. Parsons has secured over $300 million of various forms of financing during his career and has advised and assisted on over $200 million of product licensing deals.
Mr. Parsons also serves on the board of directors of DiaMedica Therapeutics Inc. He has extensive experience in public company governance and compliance. He has a Master of Accounting degree from the University of Waterloo and is a Chartered Professional Accountant and Chartered Accountant.Go back
Sernova was founded in 2006 - London, Ontario;
On September 20, the Company announced it had received TSX Venture Exchange approval to change its name to Sernova Corp.
In April the Board of Directors brought in a new management team to find viable research and development projects suitable for the Company. On May 16, 2006 the Company announced it had closed a joint venture agreement with Sertonex Inc., a private medical research company based in London Ontario, and Sertoli Technology Inc., a private intellectual property company based in Tucson Arizona. The joint venture allows the Company to own the exclusive rights to the research efforts and intellectual property related to a potential breakthrough treatment for diabetes. That project is now the Company's main focus.
On May 4th, Pheromone Sciences Corp announced the conclusion of negotiations with HealthWatchSystems, Inc. of Sarasota, Florida for the sale of all patents, intellectual property and supplies related to the Fertility Monitor. At the company's annual and special shareholder meeting on August 25, 2004, the sale was accepted by the shareholders and the asset sale agreement was then closed on August 31, 2004. The monitor is now sold under the name OV-Watch and Sernova receives royalties on the net sales.
In February, through a Share Exchange Agreement, PCS was acquired by Mecca Medi-Tech Inc. (MEC), a venture capital pool company trading on the Canadian Venture Exchange. The combined new entity was named Pheromone Sciences Corporation.
Pheromone Sciences first commercial product brought to market was the PSC Fertility Monitor. The monitor set a new benchmark in family planning and provides a more reliable and user-friendly approach to natural, cycle-based fertility status measurement. The PSC Fertility Monitor is a non-invasive method of predicting ovulation and the fertile window of women through the measurements of sweat ion changes on the surface of the skin. It is a small wristwatch-like device, containing an interactive microprocessor combined with a biochemical sensor allowing it to produce data that predicts the fertility status of the user (not-fertile, fertile or ovulating). The computed results can then be viewed on the LCD screen of the device and/or the user can be alerted via optional audio signals.
PCS succeeded in characterizing a human (female) pheromone, naming it PSC Synchronin.
Pheromone Sciences Corporation (PCS) was a private corporation founded by Doug Marett, M.Sc. in 1992.