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Regencell Bioscience Holdings Limited Included in the MSCI World Micro Cap Index
HONG KONG--(BUSINESS WIRE)-- Regencell Bioscience Holdings Limited (NASDAQ: RGC) (“Regencell” or the “Company”), an early-stage bioscience company focuses on
About this update from Regencell Bioscience Holdings Limited
[{"type":"text","content":" HONG KONG--(BUSINESS WIRE)--\nRegencell Bioscience Holdings Limited (NASDAQ: RGC) (“Regencell” or the “Company”), an early-stage bioscience company focuses on the research, development and commercialization of TCM for the treatment of neurocognitive disorders and degenerations, as well as infectious diseases affecting people’s immune system, announced that the ordinary shares of the Company will be added to the MSCI World Micro Cap Index on November 30, 2021 after the close of market (effective December 1, 2021).\n\nMSCI Inc., a leading provider of research-based indexes and analytics, announced Regencell’s addition on November 11, 2021, following results of their semi-annual index review. Launched on December 1, 2010, the MSCI World Micro Cap Index captures micro-cap representation across 23 Developed Markets countries. With 6,192 constituents, the index covers approximately 1% of the free float-adjusted market capitalization in each country, as of October 29, 2021.\n\nMr. Yat-Gai Au, Regencell’s Chairman & CEO noted, “We are pleased to be included in the 2021 MSCI World Micro Cap Index as we believe this international index is a benchmark for institutions investing in global micro caps. 2021 has been an exciting year for Regencell, and we expect this new milestone to increase our visibility with investors that refer to MSCI indexes as a key part of their investment strategy.”\n\nAbout Regencell Bioscience Holdings Limited\n\nRegencell Bioscience Holdings Limited is an early-stage bioscience company that commenced operations in Hong Kong is 2014. Regencell focuses on the research, development and commercialization of TCM for the treatment of neurocognitive disorders and degenerations, specifically ADHD and ASD, and infectious diseases affecting people’s immune system such as COVID-19 (“COVID”). Regencell has completed its first research study using personalized TCM formula for the treatment of ADHD and ASD in Hong Kong and aims to launch three liquid-based standardized TCM formulae candidates for mild, moderate and severe ADHD and ASD patients initially in Hong Kong and subsequently to other markets as it deems appropriate. The Company formed a joint venture to offer COVID related treatments to patients in ASEAN countries, India, Japan, Australia and New Zealand.\n\nForward-Looking Statements\n\nAll statements other than state...