ABVC BioPharma, Inc. CEO Selected as 2024 Top 10 CEO in CEO Insights Asia Magazine

FREMONT, CA, March 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- ABVC BioPharma, Inc. (NASDAQ: ABVC) ("Company"), a clinical-stage biopharmaceutical company developing therapeutic solutions in oncology/hematology, CNS, and ophthalmology, proudly announced today that its CEO, Dr. Uttam Patil, was selected as one of the Top 10 CEOs in Taiwan 2024 by CEO Insights Asia Magazine. This recognition is a testament to Dr. Patil's outstanding leadership, innovative vision, and significant contributions to the Company. Dr. Patil is confident in the Company's prospects, so he owns stock options without claiming a salary. Within his first year as the Company's CEO, the Company saw a rise in the stock price of its common stock, an increase in its social media presence, and a renewed focus on its essential products.

Under Dr. Patil's leadership, ABVC's team has achieved remarkable international growth and success. In November of last year, ABVC received a patent for ADHD treatment; last month, they received a patent for their MDD solution in Australia. CEO Insights Asia writes that Dr. Patil, "a unique amalgamation of scholarly acumen and practical insight fuels a forward-thinking approach, steering companies toward sustained success and pioneering innovation (CEO Insight Asia 19)". The magazine celebrates leaders with exceptional leadership, strategic thinking, and a commitment to driving positive change within their organizations and the industry. This award is a well-deserved honor for Dr. Patil and reflects his dedication to excellence.

Dr. Patil believes in a clear mission beyond profit-making and wants the Company to positively impact society through innovative products, sustainable practices, and community engagement. He emphasizes innovation as a core driver of growth. While pursuing growth and innovation, Dr. Patil strives to focus equally on financial discipline and stability, which he believes creates long-term value for shareholders.
His team is passionate about delivering exceptional value to society and continues to prioritize understanding society's needs, preferences, and pain points. Dr. Patil recognizes that the Company's success hinges on its people as they aspire to cultivate a vibrant, inclusive, and high-performing culture where employees are empowered, motivated, and given opportunities to thrive and develop their skills.