On September 30, 2024, at the invitation of the Thai government, Dr. Shi Yuanyuan, Chairman of Shenzhen Cell Valley, led a delegation to Thailand and held high-level talks with officials from the Ministry of Public Health, Department of Health Service Support, at the Thai Government House. The meeting aimed to advance Shenzhen Cell Valley’s cell therapy industrial projects in Thailand and explore in-depth cooperation with local government authorities, medical institutions and universities in the field of cell therapy.

Present at the meeting were:Dr. Samart Thirasak, Deputy Permanent Secretary of the Department of Health Service Support, Ministry of Public Health of Thailand;Dr. Kanyarat Kuisuwan, Deputy Director of the Medical Industry Promotion Department;Ms. Chayavee Khamwattanachi, Leader of the Assisted Reproductive Technology Unit, Department of Healing and Treatment;Dr. Shi Yuanyuan, Chairman of Shenzhen Cell Valley;

Dr. Fu Yuchen, Assistant to the Chairman;and Dr. Sranyoo Chanate, Chief Executive Officer of Kluaynamthai Hospital Group, together with other partners.

During the talks, Dr. Shi Yuanyuan elaborated on the leading advantages and market prospects of Shenzhen Cell Valley in cell therapy technologies, and expressed a strong desire to establish long-term strategic cooperation with medical and academic institutions in Thailand.Dr. Samart spoke highly of Shenzhen Cell Valley’s investment and technical cooperation plans, and pledged that the Thai government would provide comprehensive support and necessary policy conveniences for the smooth implementation of the project.

In addition, the two sides conducted in-depth discussions on Shenzhen Cell Valley assisting Thailand in establishing a full-process regulatory system for cell therapy that meets international standards, particularly the introduction of accreditations from FACT (Foundation for the Accreditation of Cellular Therapy) and AABB (American Association of Blood Banks). This exchange laid a solid foundation for the policy standardization of Thailand’s cell therapy industry.

The two sides also held constructive discussions on biomedical research and development, clinical research cooperation, and talent cultivation.

This meeting has further deepened the mutual trust between Shenzhen Cell Valley and Thailand’s Ministry of Public Health, laying a solid foundation for future market expansion in Thailand.Our company sincerely appreciates the support from the Thai government and looks forward to reaching concrete cooperation agreements as soon as possible, so as to jointly promote the vigorous development of the cell therapy industry in Thailand.