BioNexus Gene Lab Corp. Signs Strategic Partnership MOU with Shenzhen Rongguang Group to Advance Cancer Screening, Precision Medicine, and Preventative Healthcare Solutions
13 September 2024 - 3:23AM
BioNexus Gene Lab Corp. (Nasdaq: BGLC, the
“Company”), an
emerging biotechnology company
focused on innovative healthcare solutions, is pleased to announce
the signing of a strategic partnership Memorandum of Understanding
(MOU) with
Shenzhen Rongguang Health Group, a
major healthcare services provider in China. This partnership aims
to expand the Company’s expertise and presence in cancer screening,
precision medicine, and preventative healthcare through its
subsidiary
MRNA Scientific Sdn Bhd.
The partnership between the Company and Shenzhen Rongguang
Health Group represents a significant step forward in developing
advanced healthcare technologies, with a focus on early
cancer detection, personalized healthcare
solutions, and broader preventative care.
By combining the strengths of the Company’s proprietary molecular
diagnostics and Shenzhen Rongguang Health Group’s healthcare
infrastructure, the collaboration will drive innovations in early
detection, regenerative medicine, and chronic disease
management.
Key Objectives of the Partnership
The strategic partnership will allow both companies to leverage
their expertise to address critical healthcare challenges and
improve patient outcomes. The primary goals include:
- Expansion of
Cancer Screening and Diagnostics: MRNA Scientific Sdn Bhd,
a subsidiary of BGLC, will lead efforts to enhance cancer screening
capabilities across Southeast Asia and China. By introducing
advanced genomic testing and molecular diagnostics, the partnership
will enable earlier detection of cancers and other diseases,
improving survival rates and treatment effectiveness.
- Research and
Development in Regenerative Medicine: Both companies will
collaborate on research and development in advanced
healthcare technologies, including non-cellular
exosome therapy and regenerative
medicine. These cutting-edge treatments offer new
possibilities for anti-aging therapies, chronic disease management,
and personalized health solutions, extending beyond cancer
detection into broader healthcare innovations.
- Preventative
Healthcare and Chronic Disease Management: The partnership
will explore opportunities to improve preventative
healthcare services, focusing on managing chronic
conditions, enhancing patient quality of life, and offering
personalized healthcare plans based on advanced
diagnostics. This aligns with the global trend toward precision
medicine and healthcare that is tailored to individual genomic
profiles and risk factors.
- Synergy in
Technological Innovation: The collaboration will combine
the Company’s diagnostic capabilities with Shenzhen Rongguang
Health Group’s established healthcare platforms to create synergies
in healthcare innovation. This will allow both
companies to introduce new healthcare technologies that improve the
detection, prevention, and treatment of various diseases, while
expanding access to these solutions in underserved markets.
Sam Tan, CEO of BioNexus Gene Lab Corp,
stated:"This partnership marks a pivotal moment for BGLC and our
subsidiary, MRNA Scientific Sdn Bhd. By joining forces with
Shenzhen Rongguang Health Group, we are not only advancing our
efforts in cancer screening but also expanding into the broader
healthcare sector with cutting-edge solutions for preventative
medicine and regenerative healthcare. This will enable us to
deliver superior healthcare outcomes for patients across Asia."
About BioNexus Gene Lab Corp.
BioNexus Gene Lab Corp. (BGLC) is an emerging
biotechnology company focused on providing innovative
solutions in healthcare. BGLC is committed to advancing precision
medicine, early diagnostics, and cutting-edge therapies to improve
patient care and outcomes.
For more information, please visit www.bionexusgenelab.com.
Contact Information:
Investor RelationsBioNexus Gene Lab
CorpEmail:
ir@bionexusgenelab.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4f640e01-d514-4a61-8b9a-292e8cd58d47
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