Avalon GloboCare Receives Notice of Allowance for Groundbreaking CAR-T and CAR-NK Cell Technology in China
18 Febbraio 2025 - 3:00PM
Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ:
ALBT), a developer of innovative precision diagnostics and
laboratory services, announced today that it has received a Notice
of Allowance from the China National Intellectual Property
Administration (CNIPA) for its patent application AVAR1901CN.
This patent, co-developed with Hong Kong-based
Arbele Limited, marks a milestone in the advancement of chimeric
antigen receptor (CAR)-based therapies. It extends Avalon’s global
intellectual property footprint to China, beyond the U.S., and
additional territories under the Patent Cooperation Treaty (PCT),
strengthening the Company’s position in the global market.
The AVAR1901CN patent focuses on innovative
technology designed to enhance the expansion, manufacturing,
survival, and efficacy of CAR-T and CAR-Natural Killer (NK) cells.
Its key features include:
-
Bispecific Anti-CD19xCD22 CAR: This design targets
both CD19 and CD22 antigens, minimizing the risk of tumor escape
via antigen loss.
-
Localized Cytokine Induction: The technology
facilitates cytokine responses localized to tumor engagement,
improving CAR cell cytotoxicity, survival, and proliferation while
simultaneously activating a host anti-tumor immune response.
“The bispecific anti-CD19xCD22 CAR in this
application is designed to target both CD19 and CD22 antigens,
effectively reducing the risk of tumor escape due to antigen loss,”
said David Jin, M.D., Ph.D., Avalon’s CEO. “This innovative
approach also induces a localized cytokine response, ensuring
cytokines are activated only upon tumor cell engagement. This not
only enhances CAR cell cytotoxicity, survival, and proliferation
but also stimulates a host anti-tumor immune response. By advancing
this groundbreaking platform technology, we aim to provide
practical, cost-effective, and efficient solutions for
point-of-care cancer treatment. Expanding our intellectual property
into China further solidifies our leadership in cell-based
immunotherapy. We believe that our cutting-edge innovations will
improve accessibility and lead to better outcomes for patients
worldwide.”
About Avalon GloboCare
Corp.
Avalon GloboCare Corp. (NASDAQ: ALBT) is a
commercial stage company dedicated to developing and delivering
innovative, transformative, precision diagnostics and clinical
laboratory services. Avalon is working to establish a leading role
in the innovation of diagnostic testing, utilizing proprietary
technology to deliver precise, genetics-driven results. The Company
also provides laboratory services, offering a broad portfolio of
diagnostic tests, including drug testing, toxicology, and a broad
array of test services, from general bloodwork to anatomic
pathology, and urine toxicology. For more information about Avalon,
please visit www.avalon-globocare.com.
For the latest updates on Avalon’s developments,
please follow us on X (formerly known as Twitter) at
@avalongc_avco.
Forward-Looking Statements
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release are “forward-looking statements” within the meaning of the
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on our expectations and beliefs concerning future events impacting
the Company and therefore involve several risks and uncertainties.
You can identify these statements by the fact that they use words
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events based on certain assumptions and include any statement that
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including statements regarding the ability to enter into a
definitive agreement, as well as the Company’s commercialization,
distribution and sales of KetoAir and the product’s ability to
compete with other testing methods for determining ketosis. Actual
results may differ materially from those indicated by such
forward-looking statements as a result of various important factors
as disclosed in our filings with the Securities and Exchange
Commission (the “SEC”), accessible through the SEC’s website
(http://www.sec.gov), including our Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K
filed or furnished with the SEC. In addition to these factors,
actual future performance, outcomes, and results may differ
materially because of more general factors, including (without
limitation) general industry and market conditions and growth
rates, economic conditions, and governmental and public policy
changes. The forward-looking statements included in this press
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obligation to update forward-looking statements. These
forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of the press release.
Contact Information: Avalon GloboCare Corp.4400
Route 9 South, Suite 3100Freehold, NJ
07728PR@Avalon-GloboCare.com
Investor Relations:Crescendo Communications, LLCTel: (212)
671-1020 Ext. 304albt@crescendo-ir.com
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