Reason why Avalon GloboCare Corp ($ALBT) surged today

Avalon GloboCare Corp., an innovative precision diagnostics and clinical laboratory services, has taken another giant leap in medical science. The company proudly announced that the United States Patent and Trademark Office (USPTO) has given a nod for the publication of U.S. Patent No. 11,555,060, intriguingly titled “QTY Fc Fusion Water Soluble Receptor Proteins.” Those keen to delve into the technicalities can easily find the publication on the USPTO’s website.

But what exactly does this patent mean?

To put it simply, the patent revolves around the composition and methodology of multiple unique QTY-Code modified cytokine and chemokine protein receptor molecules. It’s noteworthy that this significant achievement is a joint endeavor with Dr. Shuguang Zhang, a distinguished name from the Massachusetts Institute of Technology (MIT).

The heart of this invention, the “QTY Code,” has stirred excitement in medical corridors. This cutting-edge technology possesses the capability to transform cumbersome water-insoluble transmembrane receptor proteins into their water-soluble counterparts. The implications? Enhanced solubility of designer peptides and proteins, opening doors to new therapeutic avenues against formidable foes like cancer and various other diseases.

Speaking on the development, David Jin, M.D., Ph.D., the dynamic President and CEO of Avalon GloboCare, expressed his delight. He remarked, “Our collaboration with Professor Shuguang Zhang’s laboratory at MIT has borne fruit in the form of our patented QTY code protein design platform. This technological marvel transforms traditionally water-insoluble proteins found within cellular membranes into a more amenable water-soluble format. The implications are immense, ranging from tackling the notorious ‘cytokine storm’ linked with COVID-19 to enhancing cellular immunotherapy delivery. Moreover, it can potentially widen the spectrum of therapeutic targets that can be addressed by CAR T-cell therapies.”

A Closer Look at Avalon GloboCare Corp.

For the uninitiated, Avalon GloboCare Corp. stands out in the medical landscape for its commitment to shaping and delivering avant-garde, precision diagnostics and clinical laboratory services. The company is steadfastly carving a niche in diagnostic testing innovation, leveraging proprietary technology to yield precise, genetics-infused results. Besides this, their laboratory services spectrum is diverse, covering a gamut of diagnostic tests, from routine bloodwork and anatomic pathology to specialized services like drug testing and toxicology. Keen to know more? A treasure trove of information awaits on their official website.

In conclusion, Avalon’s recent patent publication isn’t just another feather in their cap; it’s a testament to their unwavering commitment to medical innovation that could potentially revolutionize treatment methodologies. The future, it seems, holds promise.

Source: https://finance.yahoo.com/news/avalon-globocare-announces-notice-publication-120000352.html