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Shineco’s Subsidiary InfiniClone Partners with Total World Marketing for Entry into the Southeast Asian Healthcare Market
Globenewswire· 2025-05-13 13:00
Core Insights - Shineco, Inc. has launched a Southeast Asian market expansion strategy through its subsidiary InfiniClone, which has entered a distribution agreement with Total World Marketing (TWM) to promote and sell its molecular detection kits and health products [1] - The Southeast Asian healthcare consumer market is experiencing significant growth, with sales of healthcare products on major e-commerce platforms reaching $1.57 billion in 2023, marking a year-over-year increase of over 25% [2] - InfiniClone's molecular detection kit utilizes iPSC technology to analyze genetic mutations related to various diseases, aiming to provide personalized health management solutions [3] Company Developments - InfiniClone's product lines include molecular detection kits and Purelix health products, which are designed to create a "detection-intervention" closed-loop system for consumers [3] - TWM has initiated a pilot sale of InfiniClone's Purelix products in Thailand and plans to expand into pharmacies, clinics, and e-commerce platforms following regulatory approval [4] - Shineco's CEO emphasized that the acquisition of InfiniClone enhances the company's competitive positioning and supports the development of an integrated network focused on Southeast Asia [5] Market Context - The economic recovery and increased consumer purchasing power in Southeast Asia are driving demand for healthcare products, particularly in the post-epidemic era [2] - InfiniClone is exploring clinical applications of its molecular detection kits in early disease screening and treatment monitoring in collaboration with medical institutions in Southeast Asia [4] - The integration of TWM's distribution channels with InfiniClone's R&D capabilities is expected to enable rapid responses to market demands in the region [5]
Shineco Announces Acquisition of Singapore Evolutionary Stem Cell Company
Newsfilter· 2025-04-23 13:00
Core Viewpoint - Shineco, Inc. has announced the acquisition of a 51% equity interest in InfiniClone Limited, a biotechnology company specializing in regenerative medicine, marking a significant step into the stem cell technology sector [2][3][6]. Company Overview - Shineco, Inc. focuses on providing innovative diagnostic medical products and related medical devices, aiming to improve quality of life through safe and efficient health solutions [7]. - The company has developed 33 types of in vitro diagnostic reagents and related medical devices, alongside producing and selling healthy foods [7]. Acquisition Details - The acquisition involves a payment of $19,895,600 in cash and the issuance of 3,450,000 shares of common stock to the seller, Dr. Lim Kah Meng [3]. - InfiniClone holds 29 global patents, including five invention patents, which cover major markets such as the US, Europe, and Asia, providing a competitive edge in stem cell technology [4]. InfiniClone's Technology - InfiniClone's core technologies include cell reprogramming, stem cell culture using microcarrier technology, and the management of induced pluripotent stem cell (iPSC) libraries, which can enhance cell expansion throughput by three to ten times compared to existing methods [4]. - The technology is expected to reduce production costs per cell by over 60% and significantly shorten the time required for clinical applications, such as treating Parkinson's and Alzheimer's diseases [4]. Leadership and Expertise - Dr. Lim Kah Meng, the founder of InfiniClone, has over 20 years of experience in molecular research related to stem cell and regenerative medicine, and has founded several biotechnology companies [5]. - Shineco's CEO, Jennifer Zhan, emphasized the acquisition as a key milestone for entering the regenerative medicine field and highlighted the potential for transforming InfiniClone's technology from laboratory to clinical applications [6].