July 21, 2024

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Zhongchao Inc. Launched New Line of Organization Concentrating on Tumor and Exceptional Sickness Affected person Administration

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SHANGHAI, Could 28, 2021 /PRNewswire/ — Zhongchao Inc. (NASDAQ: ZCMD) (“Zhongchao” or the “Firm”), a health care expert services company offering online health care data, expert instruction and educational services, declared the launch of the client administration provider focusing on the professional field of tumor and unusual illness operated through its subsidiary Shanghai Zhongxin Health-related Technological know-how Co., Ltd. (“Zhongxin”).

Zhongchao has been carefully following up on the new analyze and study of tumor and unusual condition the two in China and around the world. Based mostly on the studies presented by Entire world Well being Organization’s International Company for Investigation on Most cancers, there have been around 19.29 million new cancer conditions and 10 million most cancers deaths globally in 2020. China had close to 4.57 million new cancer circumstances in 2020, accounting for approximately 23.7{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} of the total most cancers conditions about the earth. China’s Nationwide Overall health Fee indicated that there are approximately 20 million clients with uncommon condition in China. Clinical procedure markets for both equally most cancers and uncommon health conditions have been increasing alongside with the rising amount of patients.

The Company has realized that, in addition to drug growth and a lot more sophisticated healthcare cure alternatives, patients’ energetic engagements in the treatment method is also crucial to direct to better general therapy outcomes these types of as larger chemotherapy completion price, lower rehospitalization hazard and more time survival time. Numerous multinational pharmaceutical providers have also recognized these kinds of importance by conducting strategic investments in not only drug developments but also client management initiatives.

With our MDMOOC on-line platform which offers data, education and learning, and training expert services for health care industry experts and Sunshine Health and fitness Discussion boards which gives healthcare expertise for the public, the Organization could provide complex supports for Zhongxin’s individual management companies to guide sufferers with tumor or scarce condition. Zhongxin programs to make a complete affected individual administration process with integrated details insights into existing medical workflows.

Weiguang Yang, Chairman and Main Govt Officer of Zhongchao, commented, “Zhongxin is created on our a long time of health care instruction provider working experience and thriving platforms for health care specialists and the typical public. We believe that that with our patient management providers, patients will have accessibility to holistic and powerful remedy systems for particular person perfectly-being, enhanced affected person working experience, best allocation of means and lowered all round costs.” 

About Zhongchao Inc.

Incorporated in 2012 with headquarter offices in Shanghai and Beijing, China, Zhongchao Inc. is an on line supplier of health care info, professional schooling and educational expert services to healthcare gurus less than its “MDMOOC” system (www.mdmooc.org) and to the public less than its “Sunshine Overall health Forums” system (www.ygjkclass.com) in China. More information and facts about the Corporation can be discovered at its investor relations internet site at http://izcmd.com.

Safe Harbor Statement

This push launch includes ahead-hunting statements as described by the Non-public Securities Litigation Reform Act of 1995. Ahead-seeking statements include statements about strategies, goals, objectives, procedures, long term occasions or overall performance, and underlying assumptions and other statements that are other than statements of historic information. When the Firm employs words and phrases this kind of as “may perhaps,” “will,” “intend,” “ought to,” “imagine,” “anticipate,” “anticipate,” “challenge,” “estimate” or very similar expressions that do not relate entirely to historic issues, it is producing ahead-looking statements. Forward-on the lookout statements are not assures of future efficiency and involve hazards and uncertainties that may induce the precise outcomes to vary materially from the Company’s anticipations mentioned in the ahead-searching statements. These statements are topic to uncertainties and hazards including, but not minimal to, the following:  the Company’s aims and methods the Company’s long term organization growth solution and services desire and acceptance adjustments in technological know-how economic conditions the development of the professional training and academic providers industry in China and the other global markets the Business programs to provide standing and model the affect of levels of competition and pricing governing administration rules fluctuations in basic financial and enterprise circumstances in China and the intercontinental marketplaces the Corporation plans to provide and assumptions underlying or relevant to any of the foregoing and other risks contained in studies filed by the Organization with the SEC, the duration and severity of the recent coronavirus outbreak, including its impacts throughout our business enterprise and functions.  For these motives, between some others, buyers are cautioned not to position undue reliance upon any ahead-seeking statements in this press launch. Supplemental elements are discussed in the Company’s filings with the SEC, which are available for critique at www.sec.gov. The Firm undertakes no obligation to publicly revise these forward–looking statements to mirror occasions or instances that arise after the date hereof.

For extra information and facts, be sure to speak to:

At the Enterprise: Pei Xu, CFO

Email: [email protected]  

Telephone: +86 21-3220-5987

Trader Relations: Sherry Zheng 

Weitian Team LLC

Email: [email protected]  

Cellphone: +1 718-213-7386

Supply Zhongchao Inc.

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