EDENKOBEN, Germany, 13th October, 2021– European Wellness International GMBH (European Wellness) has signed a Memorandum of Agreement (MOA) to authorise Sheng Tai International Sdn. Bhd. (STI) as an exclusive international dealer of European Wellness’ brands and products as well as the future development of STI Wellness Center exclusively by European Wellness.
In a virtual signing session held on 10th September 2020 via Zoom Meeting, the two parties agreed on the future development of the STI Wellness Centre by European Wellness to exclusively promote European Wellness’ cutting-edge products of all ranges and Swiss German Anti-Aging and Youth Restoration Therapies.
The Multiple International Award Winner for Innovation and Quality Assurance, European Wellness’ products comprising MF3, MF+, Lab-RMS and FCTI Stem Cell and immunological therapies are strategically produced in Switzerland, Germany and USA to conform to international regulating standards of different jurisdiction and are among the world’s leaders in anti-aging supplements, skin care, biopharma and biotech products, biomedical devices and Global Biotech and Services group of companies.
With ever increasing pressure for individuals to conform to certain body ideals, especially with increased exposure to social media, anti-aging products continue to be in the spotlight. According to Global Industry Analysts Inc., amid the COVID-19 crisis, the global market for Anti-Aging Products was estimated to be at US$34.2 Billion in the year 2020, and is projected to reach a revised size of US$47.8 Billion by 2027, growing at a CAGR of 4.9% over that time.
European Wellness and STI were both represented by its Founder and Chairman, Prof. Dato’ Sri Dr. Mike Chan and Chairlady Dato’ Leong Sir Ley respectively during the contract signing.
“With anti-aging, beauty and health supplements and products flooding the global market, European Wellness chooses to introduce more unique and personalised nutritional supplements to aid your journey towards optimum health and beauty,” said Prof. Dr. Mike Chan, who himself is an established expert in anti-aging products.
European Wellness Group
Founded in 1991, European Wellness Group is an award-winning European group most renowned for its pioneering developments in precursor stem cell therapeutics, biological peptides, biological regenerative medicine and immunomodulating. The Group’s portfolio comprises multinational business divisions that collectively operates in the emerging fields of biological regenerative medicine; these divisions include research and development, bio-manufacturing, and education, anti-ageing centres and product distribution to practitioners and consumers across 80 countries. The Group also owns a growing network of 26 internationally accredited Wellness Centres globally. Today, the Group is headquartered in Germany and Kota Kinabalu, Malaysia (Asia Pacific) with research and its own manufacturing facilities in Germany, Switzerland, United States, United Kingdom and the European Union.
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