Avalon GloboCare (NASDAQ:AVCO) announced Thursday that CEO David Jin will unveil the launch of the company’s new commercialization plan for its exosome products at a conference in China.
Dr Jin on Saturday will lead a session on "Application of Stem Cell Exosomes" at the Second International Aesthetic Industry Conference in Chengdu.
Exosomes are powerful messengers released by cells into biofluids like plasma/serum, urine, and saliva.
Avalon says exosomes can help fight the progression of certain cancers and act as biomarkers to detect tumors.
At the conference, the Freehold, New Jersey-based company will provide a series of skincare and wound-healing products using Avalon's clinical-grade tissue-specific exosomes as additives.
"Avalon GloboCare is dedicated to assembling and integrating the premier scientific, clinical, and regulatory resources from around the world, in order to accelerate innovative and transformative cellular and exosome-based technologies, as well as their clinical applications," Jin said in a statement. "We are honored to lead a panel with international experts to discuss this evolving ecosystem, as well as showcasing our exosome product commercialization plan."
READ: Avalon GloboCare's stock soars after positive study on first saliva-based biomarker as a diagnostic for oral cancer
In addition, Yu Zhou, the co-CEO of Avalon's subsidiary, GenExosome Technologies, will provide the conference keynote address.
GenExosome Technologies developed the proprietary exosome isolation systems to promote implementation of exosome biotechnology in "liquid biopsies" and provide innovative exosome products for clinical diagnosis and treatment, Avalon said.
Yu Zhou's keynote presentation is titled "Application of Exosome Technology in Aesthetic Industry: Isolation, Quality Control, and Exosomic Analysis."
Avalon specializes in developing cell-based technologies but is also involved in the management of stem cell banks and clinical laboratories. It also develops proprietary diagnostic and therapeutic products leveraging exosome technology and markets proprietary exosome isolation systems and related products to hospitals.
The company’s stock recently traded up 0.87% to $2.32 a share.
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