Day: April 13, 2022

China is a major manufacturer, consumer market and exporter of consumer goods. Statistics show that from 2012 to 2021, China’s retail sales of consumer goods have risen from RMB 20.6 trillion to RMB 44.1 trillion, keeping an average annual growth rate at nearly 9%, making it the second-largest consumer market after the USA. Meanwhile, the total import and export volume of China’s consumer goods has also maintained rapid growth.

Answering the need of consumption upgrading, the Ministry of Industry and Information Technology of China (MIIT) has initiated multiple measures during the 13^th Five Year Plan to drive enterprises to increase the supply of mid-to-high-end consumer goods. Enterprises are encouraged to fit the trend of consumption upgrading featuring personality and quality-first, and invest more in the R&D. As a result, China’s supplies of mid-to-high-end products are greatly boosted. A number of Chinese self-owned brands have started to enjoy a higher international market presence. Enterprises trading kitchen appliances and domestic ceramics present products that are popular at home and abroad, such as aluminum cookware, kitchen appliances, smart kitchen cabinet supporting products, as well as ceramics for national banquets, etc. Some of the products have won the Red Dot Design Award, iF Design Awards and many other awards.

As China’s economy maintains stable growth, its household items, personal care products, bathroom supplies, and pet products have also gained ever stronger competitive strength for their intelligence, utility, green and low-carbon technology. Some products rank first in global exports among equivalents.

Maggie Pu, Deputy Director General of the Foreign Affairs Office of the Canton Fair, said that Canton Fair will continue to advance international cooperation by facilitating China’s consumer goods enterprises to go global. Meanwhile, the Fair will leverage its strength in IPR protection and safeguard the innovations of exhibitors. By doing so, it aims to inspire more Chinese enterprises to advance independent innovation.

Visit https://www.cantonfair.org.cn/en-US/register/index#/foreign-email.

The signing marks a significant milestone in EW Group’s effort to scale up the global adoption of rapidly emerging German and Swiss medical paradigms and cell-based bio- therapeutics for the integrative management of chronic degenerative conditions and untreatable rare diseases.

Witnessed by YAB Dato’ Sri Ismail Sabri Yaakob, Prime Minister of Malaysia, the MOU were signed by Prof. Dato’ Sri Dr. Mike Chan, European Wellness Group Chairman and Dr. Aasif Ali Siddiqui, Managing Director of AK International.

The strategic collaborations seeks to setup two Centers of Excellence, one specializing in the rehabilitation, education and holistic management of pediatric neurodegenerative and neurodevelopmental disorders such as Autism Spectrum Disorder, Cerebral Palsy, Down Syndrome and Global Developmental Delay, and another specializing in the management of untreatable and rare diseases such as CHARGE Syndrome, Multiple Sclerosis, Rheumatoid Arthritis, Parkinson’s Disease etc.

EW Group Chairman Prof. Dato’ Sri Dr. Mike said, “We are confident that our 30 years of cell therapeutic research efforts across Europe, along with a passionate team of international top clinicians trained in Germany and Switzerland, can support the delivery of an impactful and personalized disease management model to the communities in UAE.”

“Moreover, these Centers are also vital frontlines to assist local patients seeking for biological regenerative medicine solutions at our overseas destinations to have easy access to an efficient and collaborative case referral network – from initial inquiry, to preliminary medical investigation, to assisted medical travel, and finally to follow-up care,” he said.

Since 2017, EW Group has embraced the growth strategies of licensing its proprietary clinical systems, protocols and patented bio-therapeutics to new joint-ventures, rendering the rapid expansion of its healthcare facility division from 2 flagship centers in Switzerland and Malaysia in 2016 to a global network of 26 medical and healthcare centers today.

In addition, EW Group and AK International are looking into the development of a technology driven ‘Digital Wellness Service Corridor’, in the form of an AI-driven application pioneered by AK International’s subsidiary Artelir Inc. that shall seamlessly connect patients from United Arab Emirates with healthcare service providers in Malaysia.

AK International Director Dr. Aasif Ali Siddiqui commented, “One of the goals of this MOU is to increase medical and wellness tourism in Malaysia while also offering Emiratis modern medical treatments in other countries. Patients with incurable uncommon diseases or neurodegenerative disorders, for example, may have restricted access to innovative treatment alternatives, such as cell-based or biomolecular therapies, in their local area.”

The partnership is also set to explore potential investments into Iskandar Malaysia Development Area in Johor for the development of a world-leading Halal Hub for Biotechnology and Regenerative Medicine. The unique development project valued at USD 60million shall comprise a 100-bed integrative medicine hospital modelled after EW Group’s medical facility in Germany, Muslim-centered aged care retirement villas and assisted living apartments, and a GMP-certified halal biologics and botanical drug manufacturing facility.

“Our Group is ever ready to extend more than 50 of our proprietary plant-based pharmaceuticals with German approval for immediate production in Malaysia and export to meet the growing global demand for natural medicine,” Dato’ Sri Mike said.

“This project will bring a tremendous opportunity to strengthen Malaysia’s vision and current positioning as the world’s Muslim hub for innovative biotechnology developments, especially on herbal medicine research and botanical drug manufacturing.”

EW Group is a recipient of multiple awards for its pioneering biotech innovations in Paris, Geneva, London and Kuwait, and currently holds multiple international patents on innovative biotechnological processes and formulation for its Cell and Gene Therapy Products (CGTP) and Biologics, including precursor (progenitor) stem cells, biological peptides and anti-idiotypic antiobodies for immunology and botanical formulation for parenteral nutrition.

About European Wellness Biomedical Group

European Wellness Biomedical Group (EW Group) is an award-winning European group founded by Prof. Dato’ Sri Dr. Mike Chan and Prof. Dato’ Sri Dr. Michelle Wong in early ’90s in Switzerland through the culmination of early cell therapeutic research efforts spanning across Switzerland, Germany, Russia and Austria since the mid ’80s.

Today, EW Group is most renowned for its pioneering developments in organ-specific precursor (progenitor) stem cell therapeutics, biological and synthetic peptides, biological regenerative medicine, immunotherapies, nutraceuticals and cosmeceuticals. EW Group’s multinational business divisions include research and development; bio-manufacturing; biomedical academies for continuing education and training (including 20+ published medical books, 50+ scientific journals and 20+ international accreditations); medical facilities and anti-ageing centres; and nutraceutical product distribution to licensed practitioners and consumers across 80 countries worldwide.

EW Group also owns and operates a growing network of internationally accredited Hospital and Medical Centers specialising in Regenerative Biomedicine and luxury Wellness Centres globally. Currently, the Group is headquartered in Germany and Malaysia (Asia Pacific) with its own research and biopharmaceutical manufacturing facilities vested in Germany, Switzerland, United States, Czech Republic, and United Kingdom.

https://european-wellness.eu

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Widely admired for his trailblazing work in the space, Dr. Riba was the first to conduct a placebo-controlled study of ayahuasca in 1999, and published extensively on the ability of the molecule DMT to induce neurogenesis. His findings demonstrated novel ways to maintain the therapeutic and neurogenic benefit of psychedelic compounds while also reducing potential side effects and increasing the potential for use across a much wider population of patients.

During his time as a senior researcher at the Sant Pau Biomedical Research Institute in Barcelona, Dr. Riba founded Blumentech in 2017 as a spinout to advance his research and further explore these new possibilities and applications for psychedelics. That same year he was featured alongside Elon Musk and Kamala Harris on Rolling Stone’s list of “25 People Shaping the Future,” highlighting the visionaries who are “changing (and maybe saving) the world one brilliant idea at a time.”

Since Dr. Riba’s passing in 2020, his son Marc Riba has stepped in as a director at Blumentech to keep the work moving ahead. “My purpose is to continue my father’s legacy. His vision was to use his research to find solutions for the millions of people suffering from mental and neurological illnesses,” stated Marc, “Thanks to our great team at Blumentech, led by Gerard de Lucas, we were able to protect and expand my father’s intellectual property. Now we are happy to partner with the team at Terran, who we know will be able to ensure his important work continues and take his vision to the next level. We have been impressed by their team, IP, portfolio, and novel approach to the space, and we have faith they will be successful in delivering new therapeutic options to patients in need.”

Blumentech’s patents further complement Terran’s rapidly growing IP portfolio of over 150 patent applications in the psychedelic space, which includes patents on Terran’s orally-active DMT compound, a product of Terran’s robust medicinal chemistry drug discovery program.

Dr. Sam Clark, CEO of Terran commented “We are honored to partner with Blumentech and advance these assets as quickly as possible. Dr. Riba truly opened the door to this entire field of research, and we hope we too can open doors for patients with these innovative approaches.”

The deal also included data and patent rights assigned and licensed from several academic institutions in Spain, including: Fundació Institut de Recerca de l’Hospital de La Santa Creu i Sant Pau (FIRHSCSP), Universidad Autónoma de Madrid (UAM), State Agency Consejo Superior de Investigaciones Cientificas M.P (CSIC), and Consorcio Centro de Investigación Biomédica en Red (CIBER).

About Terran Biosciences, Inc.

Terran is a biotech platform company developing a portfolio of therapeutics and technologies for patients with neurological and psychiatric diseases. Backed by a number of life-science and tech investors, Terran has built a CNS-focused, tech-enabled drug development platform, and is rapidly advancing of number of late-stage assets, which include novel psychedelic-based therapeutics.

Terran Contact

Investor Relations:
ir@terranbiosciences.com

Media:
info@terranbiosciences.com

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