Avalon GloboCare (NASDAQ: AVCO), a clinical-stage global developer of cell-based technologies and therapeutics, has expanded and filed two provisional patents with the U.S. Patent and Trademark Office. A result of Avalon’s AVA-Trap(TM) therapeutic program, the patents outline compositions and methods of developing a decoy cytokine receptor-based filter system to treat cytokine storms, a life-threatening condition that can cause multi-organ failure and death. “We are grateful for our strong scientific partnerships that enabled the rapid speed with which we are developing this novel clinical tool,” said Avon president and CEO Dr. David Jin in the press release. “This medical device holds enormous promise as it directly addresses a leading cause of mortality for patients with illnesses that make them vulnerable to the damaging effects of a cytokine storm.”
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About Avalon GloboCare Corp.
Avalon GloboCare is a clinical-stage, vertically integrated, leading CellTech bio-developer dedicated to advancing and empowering innovative, transformative immune effector cell therapy, exosome technology, as well as COVID-19 related diagnostics and therapeutics. Avalon also provides strategic advisory and outsourcing services to facilitate and enhance its clients’ growth and development, as well as competitiveness in healthcare and CellTech industry markets. Through its subsidiary structure with unique integration of verticals from innovative R&D to automated bioproduction and accelerated clinical development, Avalon is establishing a leading role in the fields of cellular immunotherapy (including CAR-T/NK), exosome technology (ACTEX(TM)) and regenerative therapeutics. For more information about the company, visit www.avalon-globocare.com.
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