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Zhongchao Inc. - ZCMD STOCK NEWS

Welcome to our dedicated page for Zhongchao news (Ticker: ZCMD), a resource for investors and traders seeking the latest updates and insights on Zhongchao stock.

Zhongchao Inc. (NASDAQ: ZCMD) is a Cayman Islands-based company specializing in healthcare information, education, and training services. The company provides a range of services to healthcare professionals and the general public in China through its platform-based internet technology. Zhongchao's core operations include the delivery of healthcare information, education programs, and training products, both online and onsite.

Zhongchao Inc. operates under several key platforms. The 'MDMOOC' platform offers professional training and educational services to healthcare professionals, while 'Zhongxin' focuses on patient management services in the fields of oncology and rare diseases. Additionally, the company provides internet healthcare services through 'Zhixun Internet Hospital' and pharmaceutical services through 'Xinjiang Medical'. For the general public, Zhongchao operates an online information platform called 'Sunshine Health Forums' which delivers health-related content.

In recent achievements, Zhongchao has cooperated with Shanghai Ximalaya Technology Co., Ltd. to launch a series of audio courses dedicated to cancer education, named 'Let's Talk About Tumors'. This series aims to improve cancer awareness and literacy among patients and the general public. In another significant milestone, Zhongchao has served over 10,000 breast cancer patients since 2021, offering comprehensive disease management services.

Financially, Zhongchao is committed to reducing the economic burden on patients. The company has introduced a Patient-Reported Outcome (PRO) based symptom management model to improve the quality of life for lung cancer patients. Zhongchao also launched a WeChat mini program for breast cancer follow-up visits and health management, aiming to support patients through every stage of their medical journey.

Moreover, Zhongchao has renewed its service agreement with Beijing Public Health Foundation to provide free medication assistance for cancer patients, ensuring prolonged and effective treatments with reduced financial burdens. The company extends its support to patients with Systemic Lupus Erythematosus (SLE), providing free medications and comprehensive healthcare services to over 7,000 low-income patients.

Established partnerships and robust service platforms reinforce Zhongchao's role in enhancing healthcare literacy and patient care in China. With a focus on major diseases such as cancer, Zhongchao continues to innovate and expand its service offerings to improve health outcomes and quality of life for patients.

Rhea-AI Summary
Zhongchao Inc. (ZCMD) announces successful medication assistance services for over 7,000 low-income Systemic Lupus Erythematosus patients, reducing financial burdens. Zhongxin provided Titazepam and Belimumab for free through patient aid projects, distributing 130,000 units of medication.
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Zhongchao Inc. (NASDAQ: ZCMD) announced the approval of a 1-for-10 share consolidation to regain compliance with Nasdaq rules, effective February 29, 2024.
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Zhongchao Inc. (NASDAQ: ZCMD) has renewed its service agreement with Beijing Public Health Foundation to extend its partnership for a patient aid project providing free Doxorubicin Hydrochloride Liposome Injections to low-income cancer patients. The Project has been in operation for three years, serving over 6,000 patients and donating more than 22,000 doses of medication.
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Zhongchao Inc. launches a WeChat mini program to provide comprehensive health management and follow-up guidance for breast cancer patients.
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Zhongchao introduces PRO-based symptom management model for lung cancer patients, aiming to enhance their life quality and recovery process.
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Zhongchao Inc. achieves milestone of serving over 10,000 breast cancer patients in China with disease management services, addressing rising demand and financial burdens.
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Zhongchao Inc. integrates its drug Naiditawei® into the procurement scope of medical treatment drugs across ten provinces in China, which is expected to alleviate supply pressure and contribute positively to the healthcare sector.
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FAQ

What is the current stock price of Zhongchao (ZCMD)?

The current stock price of Zhongchao (ZCMD) is $1.31 as of September 12, 2024.

What is the market cap of Zhongchao (ZCMD)?

The market cap of Zhongchao (ZCMD) is approximately 3.4M.

What services does Zhongchao Inc. offer?

Zhongchao Inc. provides online and onsite health information services, healthcare education programs, and training products for healthcare professionals and the public in China.

What is 'MDMOOC'?

'MDMOOC' is Zhongchao’s platform offering professional training and educational services to healthcare professionals.

What is the 'Let's Talk About Tumors' series?

'Let's Talk About Tumors' is an audio course series launched by Zhongchao in partnership with Shanghai Ximalaya Technology Co., Ltd. to enhance cancer awareness and literacy.

How does Zhongchao support breast cancer patients?

Zhongchao provides comprehensive disease management services, including medication assistance, follow-up visits, and health management support through the 'Zhongxin' platform and a WeChat mini program.

What is the Patient-Reported Outcome (PRO)-based symptom management model?

It is a method introduced by Zhongchao to improve the quality of life for lung cancer patients by prioritizing patient feedback on symptoms and health conditions.

How is Zhongchao reducing financial burdens for patients?

Zhongchao offers free medication assistance to low-income patients with cancer and other major diseases through various aid projects.

What is the purpose of Zhongchao’s partnership with Beijing Public Health Foundation?

The partnership aims to provide free medication assistance services to cancer patients, ensuring effective treatments with less financial strain.

How does Zhongchao support SLE patients?

Zhongchao provides free medications and healthcare services to over 7,000 low-income patients suffering from Systemic Lupus Erythematosus (SLE).

What platforms does Zhongchao operate for public healthcare information?

Zhongchao operates the 'Sunshine Health Forums,' an online information platform providing health-related content to the general public.

Where can I find more information about Zhongchao Inc.?

More information about Zhongchao Inc. can be found on their investor relations website at http://izcmd.com.

Zhongchao Inc.

Nasdaq:ZCMD

ZCMD Rankings

ZCMD Stock Data

3.35M
2.06M
13.76%
1.92%
2.92%
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