PR Newswire
15 Jun 2022, 14:39 GMT+10
ATHENS, Greece, June 15, 2022 /PRNewswire/ -- European Wellness International GMBH (EW Group) has signed a Joint Venture Agreement (JVA) with ABH Clinical Prevention and Age Management S.A. (ABH Group), joining forces to establish a medical, wellness, and aesthetic retreat center in the heart of Santorini, Greece.
Set against the backdrop of one of the world's most picturesque islands, the exclusive, co-branded EW-ABH Center will feature cutting-edge biological regenerative, health and wellness solutions - including proprietary integrative health and cell therapies and age management products and services - that will set it apart as one of the most advanced and well-equipped healthcare and wellness facilities in the Mediterranean.
The two parties agreed to pool their respective resources and expertise for the joint venture in a digital signing session held on 29th April, 2022, represented by EW Group Chairman Prof. Dato' Sri Dr. Mike Chan and ABH Group Managing Director Dr. Athanasios Athanasiou respectively.
Their strategic cooperation will involve ABH Group's affiliated entity Athanasiou Iatriki S.A., as well as the collective affiliations and subsidiaries of EW Group, including its academic, bio-manufacturing, research, healthcare and wellness center, and product distribution divisions.
According to a recent report by the non-profit organization Global Wellness Institute, the global wellness economy is projected to grow 9.9% annually, reaching a value of $7.0 trillion USD in 2025.
Drawing upon decades of experience in the anti-aging, healthcare, wellness and biological regenerative medicine industries, EW Group and ABH Group are well-positioned to leverage this fast-growing market through their collaboration, which is aligned with their vision to provide surrounding communities with an avenue for high-quality healthcare and wellness.
About European Wellness Biomedical Group
Founded in 1991, EW Group is a multi-award-winning European group with multiple patents that is most renowned for its pioneering developments in precursor stem cell therapeutics, immunomodulation, biological peptides, and biological regenerative medicine. The Group's portfolio comprises multinational business divisions that collectively operate in the emerging fields of biological regenerative medicine; these divisions include research and development, bio-manufacturing, training and education, anti-aging centers and product distribution to practitioners and consumers across 80 countries. The Group also owns a growing network of 26 internationally-accredited Wellness Centers globally. Today, the Group is headquartered in Germany and Kota Kinabalu, Malaysia (Asia Pacific), with manufacturing facilities located strategically in Germany, Switzerland, United States, United Kingdom, and the European Union.
About ABH Group
Athens Beverly Hills Medical Group (ABH) is an award-winning Medical Group founded in 2008 in Athens by Dr. Athanasiou and Dr. Fatsea, specializing in the fields of plastic surgery and dermatology. The Group has evolved over the years, expanding its areas of specialization to include gynaecology, andrology, weight loss, obesity, and anti-aging. Today, the Group is nominated as a center of excellence by ESAAM (European Society of Preventive, Regenerative and Anti-Aging Medicine), and is one of the most established and reputable Medical Groups for plastic surgery, dermatology and age management in Greece.
https://abh-medicalgroup.com/en/
SOURCE European Wellness Biomedical Group
Get a daily dose of Asia Pacific Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.
More InformationDHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
New Delhi [India], July 12 (ANI): International Cricket Council (ICC) chairman Jay Shah lauded Italy and the Netherlands after both...
Chinese FM calls for joint efforts in finding right way for China, U.S. to get along China and the United States should work together...
New Delhi [India], July 12 (ANI): In a remarkable decision taken at the 47th Session of the World Heritage Committee, India's official...
How the Wests recklessness is testing Moscows nuclear patience A multipolar world is, by its nature, a nuclear one. Its conflicts...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...