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EV Biologics Initiates PCAOB Audit to Seek Uplift to OTCQX
EV Biologics Initiates PCAOB Audit to Seek Uplift to OTCQX.
About this update from Yulong Eco-materials Limited
[{"type":"text","content":"TAMPA, FL / ACCESSWIRE / November 14, 2022 / EV Biologics Corp, (OTC PINK:YECO), today announced that it is initiating a PCAOB audit for 2021 and 2022 and intends to file an application to list on the OTCQX market during Q1, 2023.This PCAOB audit is a necessary step to finalize the previously filed corporate name change with FINRA, which will also update the trading symbol. The audit is also a requirement for the Company's application to up-list to the OTCQX market, which will expand access to capital for further technical and business development.CEO, Daniel Mckinney, said "we have made substantial progress in our MSC secretome product and process development and will now push forward to uplift our publicly listed corporate platform to reflect these achievements and continue to further advance our technical objectives."Additionally, the wholly owned EV Biologics subsidiary, Excyte, Inc., is targeting closing out its initial funding before the end of this year. Excyte will be developing proprietary technologies to advance EV Biologics' biomanufacturing and biologic product development.About EV BiologicsEV Biologics (formerly Yulong Eco-Materials Limited) is a Wyoming, USA domiciled Biotechnology Company, developing a range of nanotherapeutics to substantially enhance the intrinsic bioactivity of stem and progenitor cell-derived nanoparticles. The Company is also developing biomanufacturing, bioinformatic and bioengineering innovations to optimize production of nanoparticle therapeutics and biologics. These versatile therapeutic platforms will enable generation of nanotherapeutics targeting a broad range of regenerative medicine and longevity applications.About ExcyteExcyte, a wholly owned subsidiary of EV Biologics, Inc., is founded on the idea that potent biotherapeutics and a deeper understanding of health, disease and aging can be obtained from living cells. Our mission is to further the understanding of the complex interactions between the multiplex of functional biomolecules that comprise cell-derived nanotherapeutics and the interconnected cellular pathways of biological systems in disease and aging. The Company is focused on innovation in biomanufacturing, bioengineering, bioanalytics and machine learning in support of a versatile platform for on-demand precision nanotherapeutic development for any clinical indi...