RGC: Regencell Bioscience - Investigational Liquid-Formula RGC-COV19™ Shows Promise in Eliminating COVID-19 Symptoms

By Beth Senko, CFA

NASDAQ:RGC

Asia is in the throes of the omicron variant, and Hong Kong is at the center. Although Hong Kong has been successful in limiting cases in past waves, the omicron variant is so contagious that current public health measures have been inadequate. According to the New York Times, the death rate in Hong Kong in early March exceeded 25 per 100,000 residents – higher than any country currently. Unfortunately, as of March 2022, nearly 40% of Hong Kong's population is not vaccinated, and the rate is over 50% for the elderly. Vaccine skepticism plays a significant role in low vaccination rates, but so does a preference for traditional Chinese medicine (TCM) as frontline therapy.