Vitaspring Biomedical Co. Ltd (PK:VSBC)
Business Focus: Bio Therapeutic Drugs
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| Company Contact | |
| Address: | 400 Spectrum Center Dr. #1620 Baiyun District IRVINE CA 92618 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Pao-chi Chu Chairperson of the Board, President, Director | Cheng-hsiang Kao Chief Executive Officer, Director | Che-li Lin Chief Technology Officer, Director | Yen-hsun Chen Technical Vice President, Director |
| Business Overview |
| Vitaspring Biomedical Co. Ltd. is focused on cell medical industry. The Company is engaged in the business of developing and marketing products that promote wellness and a healthy lifestyle. The Company invests in research and development of stem cell applications in regenerative medicine, establish advanced medical research centers and cell production centers and provides GTP standard stem cell preparations for the development of cellular drugs. The Company is focused on the fields of medicine, preventive health care, beauty, and anti-aging. It is also focused on developing X.MSC cytopharmaceuticals. |
| Financial Overview |
| For the nine months ended 31 October 2022, Vitaspring Biomedical Co. Ltd revenues decreased 30% to $1.5M. Net loss totaled $6K vs. income of $323K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. |
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