Zhongchao Inc. Released New Line of Small business Focusing on Tumor and Uncommon Sickness Patient Administration

SHANGHAI, May 28, 2021 /PRNewswire/ — Zhongchao Inc. (NASDAQ: ZCMD) (“Zhongchao” or the “Firm”), a health care expert services business offering on the internet healthcare information, expert education and instructional solutions, declared the launch of the individual management assistance focusing on the professional industry of tumor and uncommon condition operated through its subsidiary Shanghai Zhongxin Healthcare Technology Co., Ltd. (“Zhongxin”).

Zhongchao has been carefully pursuing up on the new examine and exploration of tumor and exceptional illness each in China and worldwide. Dependent on the figures supplied by World Wellness Organization’s Global Agency for Research on Cancer, there had been approximately 19.29 million new cancer instances and 10 million most cancers deaths globally in 2020. China had approximately 4.57 million new most cancers conditions in 2020, accounting for around 23.7{14cc2b5881a050199a960a1a3483042b446231310e72f0dc471a7a1eddd6b0c3} of the full cancer instances about the globe. China’s Countrywide Health and fitness Commission indicated that there are approximately 20 million sufferers with unusual disorder in China. Clinical therapy markets for both of those cancer and scarce health conditions have been expanding along with the growing range of patients.

The Business has realized that, in addition to drug growth and extra innovative medical therapy solutions, patients’ lively engagements in the procedure is also crucial to direct to better overall therapy outcomes such as better chemotherapy completion amount, decrease rehospitalization hazard and lengthier survival time. Quite a few multinational pharmaceutical organizations have also recognized these types of importance by conducting strategic investments in not only drug developments but also affected individual administration projects.

With our MDMOOC on the internet platform which delivers data, education, and coaching companies for health care industry experts and Sunshine Health and fitness Discussion boards which presents healthcare know-how for the public, the Organization could give technical supports for Zhongxin’s client administration companies to aid sufferers with tumor or rare disease. Zhongxin plans to make a detailed patient administration system with integrated facts insights into present clinical workflows.

Weiguang Yang, Chairman and Main Government Officer of Zhongchao, commented, “Zhongxin is built upon our a long time of healthcare schooling service expertise and profitable platforms for health care professionals and the common public. We consider that with our affected individual administration products and services, sufferers will have accessibility to holistic and efficient remedy systems for personal nicely-currently being, improved patient knowledge, best allocation of resources and decreased all round expenses.”

About Zhongchao Inc.

Incorporated in 2012 with headquarter workplaces in Shanghai and Beijing, China, Zhongchao Inc. is an on the internet service provider of health care info, professional training and educational companies to healthcare pros beneath its “MDMOOC” platform (www.mdmooc.org) and to the public beneath its “Sunshine Overall health Boards” system (www.ygjkclass.com) in China. Additional facts about the Company can be identified at its investor relations web page at http://izcmd.com.

Risk-free Harbor Statement

This press launch is made up of ahead-hunting statements as outlined by the Non-public Securities Litigation Reform Act of 1995. Forward-wanting statements incorporate statements concerning designs, objectives, targets, strategies, upcoming events or overall performance, and fundamental assumptions and other statements that are other than statements of historic details. When the Company takes advantage of terms this sort of as “may possibly,” “will,” “intend,” “must,” “believe that,” “expect,” “anticipate,” “project,” “estimate” or related expressions that do not relate only to historic matters, it is building ahead-on the lookout statements. Forward-seeking statements are not ensures of long term functionality and involve pitfalls and uncertainties that might cause the precise effects to differ materially from the Firm’s anticipations talked about in the forward-seeking statements. These statements are subject matter to uncertainties and threats such as, but not minimal to, the adhering to: the Company’s plans and approaches the Company’s upcoming organization improvement merchandise and provider need and acceptance variations in know-how financial situations the development of the specialist instruction and academic services market place in China and the other global marketplaces the Corporation designs to provide status and manufacturer the impression of level of competition and pricing governing administration restrictions fluctuations in basic economic and business situations in China and the international markets the Company ideas to provide and assumptions underlying or linked to any of the foregoing and other dangers contained in stories filed by the Firm with the SEC, the size and severity of the new coronavirus outbreak, such as its impacts across our enterprise and operations. For these motives, between others, investors are cautioned not to location undue reliance upon any forward-hunting statements in this press release. Further components are mentioned in the Company’s filings with the SEC, which are offered for critique at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to mirror situations or circumstances that crop up following the day hereof.

For far more info, remember to speak to:

At the Enterprise: Pei Xu, CFO

E mail: [email protected]

Telephone: +86 21-3220-5987

Trader Relations: Sherry Zheng

Weitian Team LLC

Electronic mail: [email protected]

Phone: +1 718-213-7386

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