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     105  0 Kommentare Shineco Enters into an Agreement with Turing Video to Jointly Develop Intelligent Health Care Products

    Beijing, June 17, 2024 (GLOBE NEWSWIRE) -- Shineco Inc. (“Shineco” or the “Company”; NASDAQ: SISI), a producer of innovative diagnostic medical products and related medical devices announced today that on June 14, 2024, its 51% owned subsidiary, Shangkang Life Science and Technology (Jiangsu) Co., Ltd. (“Shangkang Life Science”) entered into a Strategic Cooperation Framework Agreement (“the Agreement”) with Turing Video (Shenzhen) Co., Ltd (“Turing Video”) to jointly develop a series of smart medical products and introduce their biotechnology and other innovative health solutions to the healthcare market.

    Shangkang Life Science, a joint venture established by Shangkang Life Science and Yangzhou Kangling Medical Co., Ltd., specializes in the development, production, and sales of medical devices such as bone hyperplasia, rheumatism treatment devices and electro-acupuncture devices. Turing Video focuses on the development and sales of smart security, remote video, and remote care products for the elderly and the infants. Turing Video has more than 40 patents related to its products and has developed AI products for the elderly, including 60GHz vital sign monitors and 60GHz smart fall monitors, and AI infant care products. Turing Video has customers in more than 20 countries, including China, Australia, Singapore and those in the Americas and Europe.

    Shangkang Life Science plans to use biotechnology to develop a system that combines miniature biosensors that can detect and regulate human physiological indicators such as blood sugar and blood pressure and Turing Video’s smart series of camera equipment to monitor the health status of the elderly in real-time. This jointly developed system would be designed to identify abnormal health conditions in the elderly and in the case of an emergency, it would emit an automatic alarm signal to care providers to ensure that the elderly receive timely treatment. Also, this high-tech system is also expected to be capable of providing health management plans to the elderly by conducting data analysis through AI algorithms.

    Shangkang Life Science also plans to use biotechnology to develop new medical equipment for the elderly. Shangkang Life Science plans to develop electro-acupuncture devices that are capable of releasing specific biomolecules with the goal of enhancing the therapeutic effect of these devices to accelerate the rehabilitation and recovery of elderly patients.

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    Shineco Enters into an Agreement with Turing Video to Jointly Develop Intelligent Health Care Products Beijing, June 17, 2024 (GLOBE NEWSWIRE) - Shineco Inc. (“Shineco” or the “Company”; NASDAQ: SISI), a producer of innovative diagnostic medical products and related medical devices announced today that on June 14, 2024, its 51% owned subsidiary, …