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Starfleet Innotech Signs Binding Agreement with European Wellness to Pioneer New Medical Tourism Ventures in the Asia-Pacific

Press Release

Release date:

March 31, 2023

New York, New York--(Newsfile Corp. - March 31, 2023) - Starfleet Innotech, Inc. (OTC Pink: SFIO) and European Biological Medicine, Inc. (EBMI) signed an official memorandum of understanding (MOA) to jointly develop and operate a world-class integrative care facility in Palawan, Philippines. Members of the Starfleet executive team met with EBMI leadership in Malaysia to formalize this agreement, as well as finalize plans for a groundbreaking ceremony and site visit in Palawan in the second quarter of this year.

EBMI is a subsidiary of European Wellness Biomedical Group (EWBG), an award-winning medical group recognized for its pioneering developments in precursor stem cell therapeutics, immunomodulation, biological peptides, and biological regenerative medicine. The group's portfolio comprises multinational business divisions that operate in the emerging fields of biological regenerative medicine and product distribution across 80 countries. Headquartered in Germany and Kota Kinabalu, Malaysia (Asia Pacific), the group owns a growing network of 26 internationally-accredited Wellness Centers, with its own manufacturing facilities in Germany, Switzerland, United States, United Kingdom and the European Union.

This signing between EBMI and Starfleet marks a new chapter in proactive, integrative care in the Philippines with the creation of a state-of-the-art wellness center for integrative medicine to be placed within Starfleet's $50-M eco-luxury community project in world-renowned Puerto Princesa, Palawan, a project under wellness-oriented real estate firm Moraya. As the flagship brand for SFIO's real estate division, Moraya aims to establish itself as a global leader in wellness tourism. With an initial focus on the Philippines, Moraya actively explores new technologies in data and integrative medicine, marrying them with the Philippines' world-class hospitality, and integrating them into the beautiful, natural locales of the nation.

Overlooking stunning views of Ulugan Bay, and resting upon some of the nation's most fertile soils, Moraya's Buenavista project will offer a lush, nourishing environment for short and long-term visitors, as well as for long-term residents, to reconnect with nature. Its tropical design evokes the nostalgic warmth of Filipino hospitality, featuring the nation's iconic pitched roofs, woven textures, and natural shade elements. The central highlight of this community project is the planned integrative medicine facility, which will be the first of its kind in the region. Under this agreement, private wellness and medical clinic operator, EBMI, will be administrating the facility's day-to-day operations.

With Starfleet's global network at their disposal, EBMI aims to scale up the global adoption of rapidly emerging German and Swiss medical paradigms and cell-based bio-therapeutics for the integrative management of chronic degenerative conditions and untreatable rare diseases. In addition to inking this agreement with EBMI, Starfleet leadership also met with investor groups and major family offices from Indonesia and Malaysia during their trip to Southeast Asia, laying the foundation for significant local capital raising to support Moraya's Buenavista project, as well as other projects in the region.

Recently, Starfleet Innotech, Inc. released its annual report for the period ending 31 December, 2022, which can be downloaded from the OTC Markets website through the following link: https://www.otcmarkets.com/otcapi/company/financial-report/363325/content

‍About European Wellness Biomedical Group

‍Founded in 1991, EWBG is an award-winning European group most renowned for its pioneering developments in precursor stem cell therapeutics, immunomodulation, biological peptides, and biological regenerative medicine. The Group's portfolio comprises multinational business divisions that operate in the emerging fields of biological regenerative medicine; and product distribution across 80 countries. The Group also owns a growing network of 26 internationally-accredited Wellness Centers globally. Today, the Group is headquartered in Germany and Kota Kinabalu, Malaysia (Asia Pacific) and its own manufacturing facilities in Germany, Switzerland, United States, United Kingdom and the European Union.

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