|By Marketwired .||
|May 14, 2014 06:00 AM EDT||
LONDON, ONTARIO -- (Marketwired) -- 05/14/14 -- Sernova Corp. (TSX VENTURE:SVA), today announced that the Australian Patent Office has issued a Notice of Acceptance to Sernova for its patent application entitled "Methods and Devices for Cellular Transplantation."
This patent covers Sernova's entire Cell Pouch(TM) system of therapeutic cells, the Cell Pouch(TM) and its surgical tools for cell transplantation. The allowance of this patent will provide Sernova with patent protection through 2030. Similar patent applications have been filed in multiple countries around the world and have a higher likelihood of being granted now that the Australian one has been allowed.
"With this patent allowance, Sernova is now advancing to secure exclusive patent rights globally of our core technologies," stated Dr. Philip Toleikis, Sernova's President and CEO. "This patent allowance is timely as intellectual property is a key element in attracting partners, which is the focus of our new world-class business development team."
"The transition of intellectual property from a patent application to an allowed patent is a key component in strengthening the valuation of a technology", said Kevin Egan, Chair of Sernova's Business Advisory Board. "The fact that Sernova has achieved this for its platform technologies significantly increases its value and potential to partner with a major pharmaceutical or medical device company."
When transplanted into Sernova's Cell Pouch(TM), a safe, protected and efficacious environment is provided for therapeutic cells such as insulin-producing islets for the treatment of diabetes, as demonstrated in multiple preclinical studies.
In human patients with diabetes, the Cell Pouch(TM), transplanted with insulin producing islets, in interim analyses, has been shown to be biocompatible and safe as the primary objective of a clinical study at the University of Alberta with Dr. James Shapiro as principal investigator.
Sernova is exploring the additional utility of the Cell Pouch(TM) an enabling platform for a range of diseases such as haemophilia with Medicyte Gmbh and to maintain calcium homeostasis in kidney disease through parathyroid gland transplantation.
Sernova Corp is a clinical stage regenerative medicine company developing medical technologies for the treatment of chronic debilitating metabolic diseases such as diabetes, blood disorders including haemophilia and other diseases treated through replacement of proteins or hormones missing or in short supply within the body. Sernova is developing the Cell Pouch(TM), an implantable medical device for therapeutic cells (donor, xenogeneic or stem cells) which then release proteins and/or hormones as required. The therapeutic cells are protected from immune attack by Sernova's proprietary local immune protection technology.
Forward Looking Information
This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Sernova believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Sernova's management on the date such statements were made. 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Sep. 30, 2016 09:00 PM EDT Reads: 2,805
Sep. 30, 2016 09:00 PM EDT Reads: 4,040
Sep. 30, 2016 08:45 PM EDT Reads: 457
Sep. 30, 2016 08:30 PM EDT Reads: 448
Sep. 30, 2016 08:30 PM EDT Reads: 3,191
Sep. 30, 2016 08:15 PM EDT Reads: 741
Sep. 30, 2016 08:00 PM EDT Reads: 1,561
Sep. 30, 2016 07:30 PM EDT Reads: 555
Sep. 30, 2016 07:15 PM EDT Reads: 462
Sep. 30, 2016 07:15 PM EDT Reads: 451
Sep. 30, 2016 07:15 PM EDT Reads: 5,406
Sep. 30, 2016 07:00 PM EDT Reads: 2,454
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
Sep. 30, 2016 06:45 PM EDT Reads: 745
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Sep. 30, 2016 06:30 PM EDT Reads: 2,907
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Sep. 30, 2016 06:15 PM EDT Reads: 3,535