Avalon GloboCare Appoints Lourdes Felix, CEO of a Premier Addiction Treatment Company, to its Board of Directors
12 January 2023 - 1:00AM
Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ:
ALBT), a leading global developer of innovative cell-based
technologies and therapeutics and laboratory testing provider,
today announced that it has appointed Lourdes Felix to its Board of
Directors.
Lourdes Felix is an entrepreneur and corporate
finance executive with 30 years of combined experience in capital
markets, public accounting and in the private sector. She presently
serves as Chief Executive Officer, Chief Financial Officer, and
Director of BioCorRx Inc. (OTCQB: BICX), a leader in addiction
treatment solutions and related disorders. She has been with
BioCorRx since October 2012. Ms. Felix is one of the founders and
President of BioCorRx Pharmaceuticals Inc., a majority owned
subsidiary of BioCorRx Inc. She has been instrumental in capital
procurement, completing multi-million dollar equity financings, and
is accomplished in structuring and negotiating transactions. Along
with other executives of the company, Ms. Felix restructured and
expanded the business model to position it for long term growth in
the addiction treatment space and drug development. She also has
extensive experience with clinic operations management.
Prior to joining BioCorRx, her experience was in
the private sector and public accounting. She has expertise in
finance, accounting, company-wide operations, budgeting, and
internal control principles including GAAP, SEC, and SOX
Compliance. She has thorough knowledge of federal and state
regulations and has successfully managed and produced SEC
regulatory filings. She also has extensive experience in developing
and managing financial operations. Lourdes holds a Bachelor of
Science degree in Accounting from the University of Phoenix. She
continued her education and is an MBA candidate at D’Amore-McKim
School of Business, Northeastern University.
“We are excited to have Lourdes join our board,”
stated David Jin, M.D., Ph.D., President and Chief Executive
Officer of Avalon GloboCare. “She brings a wealth of expertise in
both therapeutic development and addiction programs, which we
believe will be valuable as we look to implement a roll-up strategy
targeting toxicology labs, including within the addiction sector.
We believe her deep understanding of the industry, along with her
contacts in the private and government sectors will be instrumental
in growing our business. Moreover, we believe her strong background
in finance, regulatory matters and the public markets also
reinforces our commitment to the highest levels of corporate
governance.”
“I’m thrilled to be joining Avalon at such an
exciting time,” said Lourdes Felix. “I look forward to working
closely with management and helping drive the growth of the company
by taking advantage of a unique roll-up opportunity within the
highly fragmented market of toxicology labs.”
About Avalon GloboCare Corp.
Avalon GloboCare Corp. (NASDAQ: ALBT) is a
clinical-stage biotechnology company dedicated to developing and
delivering innovative, transformative cellular therapeutics,
precision diagnostics, and clinical laboratory services. 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™), and regenerative therapeutics. For
more information about Avalon GloboCare, please visit
www.avalon-globocare.com.
For the latest updates on Avalon GloboCare’s
developments, please follow our twitter at @avalongc_avco
Forward-Looking Statements
Certain statements contained in this press
release may constitute “forward-looking statements.”
Forward-looking statements provide current expectations of future
events based on certain assumptions and include any statement that
does not directly relate to any historical or current fact,
including statements regarding the potential transaction and
financing and conditions to closing and the business of Laboratory
Services. 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 located at their website (http://www.sec.gov).
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 release represent the Company's views as of the date
of this press release and these views could change. However, while
the Company may elect to update these forward-looking statements at
some point in the future, the Company specifically disclaims any
obligation to do so. 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, Suite 3100Freehold, NJ 07728PR@Avalon-GloboCare.com
Investor Relations:Crescendo Communications, LLCTel: (212)
671-1020 Ext. 304albt@crescendo-ir.com
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