PR94971

DUBAI, United Arab Emirates, March 15, 2022 /PRNewswire=KYODO JBN/ --

European Wellness Biomedical Group (EWBG) has signed a Memorandum of Agreement

(MOA) with Dubai-based AK International LLC (AKI), partnering together to

undertake a number of joint venture businesses in Pakistan and the MENA region

that focus on providing biological regenerative medicine services and solutions

to the community.

In the signing session held on 1st March 2022, the two parties agreed to pool

their respective resources and expertise on a three-phase joint venture plan.

Phase 1 involves the registration, importing, distribution and commercializing

of EWBG award-winning Swiss, German and European biotech products and

biological APIs. AKI will be contributing their extensive distribution network

in the region and expertise in the aesthetics market, including wide-reaching

internationally accredited educational programs by European Wellness Academy

and conducted AKI's academic entity, Aesthetic Knowledge Institute.

Phase 2 will see the development of exclusive EWBG branded wellness centers for

age reversal, longevity, and disease prevention in these territories. These

wellness centers will be offering biological regenerative solutions including a

biological laboratory with cleanrooms for the development of autologous or

allogenic stem cells and EWBG's expertise in proprietary cell therapy,

including but not limited to their patented precursor stem cell technology,

biotherapeutics comprising stem cells and cell-based products, biomolecular

peptides and botanicals, compounded therapeutics and parenteral nutrition,

cosmeceuticals, food supplements, natural health products, and skincare and

cosmetics.

Finally, phase 3 of the joint-venture will foray into the digital health

ecosystem. This entails a synergistic integration of AKI's innovative mobile

app 'Health Interface' (HI), developed by Artelir Inc., with EWBG's global

network of 26 medical wellness hospitals and youth restorative anti-aging

centers, biological health solutions and services.

AKI and EWBG, through its Swiss and German entities namely Nexgen Biopharma Ltd

and Stellar Biomolecular Innovations Inc., have previously entered into two

separate joint venture agreements for the distribution of MF3 and MF PLUS brand

and products on 29th March 2021.

The two parties were represented by EWBG Co-Founder and Chairman, Prof. Dr.

Mike Chan and AKI Director Dr. Aasif Ali Siddiqui respectively.

About European Wellness Biomedical Group

Founded in 1991, EWBG is an award-winning European group most renowned for its

pioneering developments in precursor stem cell therapeutics, immunomodulation,

biological peptides, and biological regenerative medicine. The Group's

portfolio comprises multinational business divisions that operate in the

emerging fields of biological regenerative medicine; and product distribution

across 80 countries. The Group also owns a growing network of 26

internationally-accredited Wellness Centers globally. Today, the Group is

headquartered in Germany and Kota Kinabalu, Malaysia (Asia Pacific) and its own

manufacturing facilities in Germany, Switzerland, United States, United Kingdom

and the European Union.

https://european-wellness.eu

Source: European Wellness Biomedical Group

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=417055

   Caption: In the MoA signing, the two parties were represented by EWBG Co-Founder and

Chairman Prof. Dr. Mike Chan and AKI Director Dr. Aasif Ali Siddiqui

respectively.