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Avalon GloboCare and Qi Diagnostics Enter into Definitive Agreement to Co-Develop Real-Time Cannabis Breathalyzer for Detecting Potential Impaired Driving

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Avalon GloboCare (NASDAQ: ALBT) has entered into a definitive agreement with Qi Diagnostics to co-develop a VOC nanosensor-based cannabis breathalyzer. The collaboration will involve Avalon, its subsidiary Q&A Distribution, and Qi Diagnostics working together to design, validate, and develop a prototype device aimed at detecting potential cannabis-impaired driving in real-time.

The partnership combines Avalon's regulatory expertise with Qi Diagnostics' VOC nanosensor technology to create a non-invasive cannabis detection solution for law enforcement and workplace safety applications.

Avalon GloboCare (NASDAQ: ALBT) ha stipulato un accordo definitivo con Qi Diagnostics per co-sviluppare un etilometro per cannabis basato su nanosensori VOC. La collaborazione coinvolgerà Avalon, la sua controllata Q&A Distribution e Qi Diagnostics nella progettazione, validazione e sviluppo di un prototipo di dispositivo volto a rilevare in tempo reale la possibile guida sotto l'effetto della cannabis.

La partnership unisce l'esperienza regolatoria di Avalon alla tecnologia dei nanosensori VOC di Qi Diagnostics per creare una soluzione non invasiva per il rilevamento della cannabis, destinata alle forze dell'ordine e alla sicurezza sul lavoro.

Avalon GloboCare (NASDAQ: ALBT) ha firmado un acuerdo definitivo con Qi Diagnostics para co-desarrollar un alcoholímetro de cannabis basado en nanosensores VOC. La colaboración involucrará a Avalon, su subsidiaria Q&A Distribution y Qi Diagnostics trabajando juntos para diseñar, validar y desarrollar un prototipo de dispositivo destinado a detectar en tiempo real la posible conducción bajo el efecto de cannabis.

La asociación combina la experiencia regulatoria de Avalon con la tecnología de nanosensores VOC de Qi Diagnostics para crear una solución no invasiva de detección de cannabis para aplicaciones en fuerzas del orden y seguridad laboral.

Avalon GloboCare (NASDAQ: ALBT)Qi Diagnostics와 함께 VOC 나노센서 기반 대마초 음주측정기 공동 개발을 위한 최종 계약을 체결했습니다. 이번 협력에는 Avalon과 그 자회사 Q&A Distribution, Qi Diagnostics가 함께 실시간으로 대마초 영향 하 운전을 감지할 수 있는 프로토타입 장치를 설계, 검증 및 개발하는 작업이 포함됩니다.

이번 파트너십은 Avalon의 규제 전문성과 Qi Diagnostics의 VOC 나노센서 기술을 결합하여 법 집행 및 작업장 안전 분야에서 비침습적인 대마초 감지 솔루션을 만드는 것을 목표로 합니다.

Avalon GloboCare (NASDAQ : ALBT) a conclu un accord définitif avec Qi Diagnostics pour co-développer un alcootesteur pour cannabis basé sur un nanosenseur VOC. Cette collaboration impliquera Avalon, sa filiale Q&A Distribution, et Qi Diagnostics travaillant ensemble pour concevoir, valider et développer un prototype d'appareil destiné à détecter en temps réel une conduite potentiellement altérée par le cannabis.

Le partenariat combine l'expertise réglementaire d'Avalon avec la technologie des nanosenseurs VOC de Qi Diagnostics afin de créer une solution non invasive de détection du cannabis, destinée aux forces de l'ordre et à la sécurité en milieu professionnel.

Avalon GloboCare (NASDAQ: ALBT) hat eine endgültige Vereinbarung mit Qi Diagnostics getroffen, um gemeinsam einen Cannabis-Atemalkoholtester auf Basis von VOC-Nanosensoren zu entwickeln. Die Zusammenarbeit umfasst Avalon, dessen Tochtergesellschaft Q&A Distribution und Qi Diagnostics, die gemeinsam ein Prototypgerät entwerfen, validieren und entwickeln, das potenzielle cannabisbedingte Fahrbeeinträchtigungen in Echtzeit erkennen soll.

Die Partnerschaft verbindet Avalons regulatorische Expertise mit der VOC-Nanosensortechnologie von Qi Diagnostics, um eine nicht-invasive Lösung zur Cannabis-Erkennung für den Einsatz bei Strafverfolgungsbehörden und am Arbeitsplatz zu schaffen.

Positive
  • Strategic partnership to develop innovative cannabis detection technology
  • Expansion into the growing cannabis safety and law enforcement market
  • Leveraging existing regulatory expertise for product development
Negative
  • Product still in early development phase with no guaranteed success
  • Timeline for market launch and regulatory approval unclear
  • Potential competition from other cannabis detection technologies

FREEHOLD, N.J., June 26, 2025 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of precision diagnostic consumer products, today announced that it entered into a definitive agreement with Qi Diagnostics Limited (“Qi Diagnostics”), a nanosensor-based diagnostic technologies company, to co-develop a VOC (volatile organic compound) nanosensor-based point-of-care cannabis breathalyzer.

Through this strategic collaboration, Avalon, Q&A Distribution, LLC, a subsidiary of Avalon, and Qi Diagnostics will jointly design, validate, and develop a prototype for the cannabis breathalyzer device, which is aimed at supporting real-time detection of potential cannabis-impaired driving and enhancing public safety.

“This partnership represents an exciting step in Avalon’s mission to deliver innovative diagnostic solutions that directly impact public health and safety,” said David Jin, M.D., Ph.D., President and Chief Executive Officer of Avalon GloboCare. “By combining Avalon’s regulatory expertise with Qi Diagnostics’ VOC nanosensor technology, we aim to provide a real-time, non-invasive cannabis detection solution that can support law enforcement and workplace safety.”

About Avalon GloboCare Corp.

Avalon GloboCare Corp. (NASDAQ: ALBT) is a developer of precision diagnostic consumer products and the advancement of intellectual property in cellular therapy. Avalon is currently marketing the KetoAir™ breathalyzer device, which is owned and manufactured by Qi Diagnostics Limited, and plans to develop additional diagnostic uses of the breathalyzer technology. The KetoAirTM is registered with the U.S. Food and Drug Administration as a Class I medical device. In addition, Avalon owns and operates commercial real estate. For more information about Avalon, please visit www.avalon-globocare.com.

No Offer or Solicitation

This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any proxy, consent, authorization, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the “Securities Act”).

Additional Information About the Proposed Merger for Investors and Shareholders

This communication relates to the proposed merger (the “proposed Merger”) of Avalon and YOOV Group Holding Limited (“YOOV”). In connection with the proposed Merger, Avalon has filed relevant materials with the U.S. Securities and Exchange Commission (the “SEC”), including a Registration Statement on Form S-4, as amended, that contains a preliminary prospectus and preliminary proxy statement of Avalon (the “proxy statement/prospectus”). This Registration Statement has not yet been declared effective and Avalon has filed or may file other documents regarding the proposed Merger with the SEC. This press release is not a substitute for the proxy statement/prospectus or for any other document that Avalon has filed or may file with the SEC in connection with the proposed Merger. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY, WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT STOCKHOLDERS SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING THE PROPOSED MERGER. A definitive proxy statement/prospectus will be sent to Avalon’s stockholders. Investors and security holders will be able to obtain these documents (when available) free of charge from the SEC’s website at www.sec.gov. In addition, investors and stockholders should note that Avalon communicates with investors and the public using its website (https://www.avalon-globocare.com), the investor relations website (https://www.avalon-globocare.com/investors) where anyone will be able to obtain free copies of the proxy statement/prospectus and other documents filed by Avalon with the SEC, and stockholders are urged to read the proxy statement/prospectus and the other relevant materials when they become available before making any voting or investment decision with respect to the proposed Merger.

Participants in the Solicitation

Avalon, YOOV and their respective directors and executive officers and other members of management and employees and certain of their respective significant stockholders may be deemed to be participants in the solicitation of proxies from Avalon and YOOV stockholders in respect of the proposed Merger. Information about Avalon’s directors and executive officers is available in Avalon’s Form 10-K for the fiscal year ended December 31, 2024, which was filed with the SEC on March 31, 2025. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holding or otherwise, has been and will be contained in the proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed Merger when they become available. Investors should read the definitive proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the SEC and Avalon as indicated above.

Forward-Looking Statements

Certain statements contained in this press release are “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as “will”, “anticipate”, “estimate”, “expect”, “should”, “may”, and other words and terms of similar meaning or use of future dates; however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact, including statements regarding the ability to enter into a definitive agreement, as well as the Company’s commercialization, distribution and sales of its products and the ability to compete with other similar products. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission (the “SEC”), accessible through the SEC’s website (http://www.sec.gov), including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed or furnished with the SEC. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. The Company disclaims any obligation to update forward-looking statements. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. The contents of any website referenced in this press release are not incorporated by reference herein.

Contact Information:
Avalon GloboCare Corp.
4400 Route 9 South, Suite 3100
Freehold, NJ 07728
PR@Avalon-GloboCare.com

Investor Relations:
Crescendo Communications, LLC
Tel: (212) 671-1020 Ext. 304
albt@crescendo-ir.com


FAQ

What is the purpose of ALBT's cannabis breathalyzer development partnership?

The partnership aims to develop a real-time, non-invasive cannabis detection solution to support law enforcement and workplace safety in identifying potential cannabis-impaired driving.

Who are the partners involved in ALBT's cannabis breathalyzer development?

The partnership involves Avalon GloboCare, its subsidiary Q&A Distribution, and Qi Diagnostics Limited, a nanosensor-based diagnostic technologies company.

What technology will ALBT's cannabis breathalyzer use?

The breathalyzer will use VOC (volatile organic compound) nanosensor-based technology provided by Qi Diagnostics.

Who is leading Avalon GloboCare's cannabis breathalyzer initiative?

The initiative is being led by David Jin, M.D., Ph.D., who serves as President and Chief Executive Officer of Avalon GloboCare.

What stage is ALBT's cannabis breathalyzer development currently in?

The project is in the initial development stage, with partners working to design, validate, and develop a prototype of the device.
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