Quarterly report pursuant to Section 13 or 15(d)

Organization and Nature of Operations (Tables)

v3.20.2
Organization and Nature of Operations (Tables)
6 Months Ended
Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of company's subsidiaries consolidated financial statements

Name of Subsidiary   Place and date of Incorporation   Percentage of Ownership   Principal Activities
Avalon Healthcare System, Inc.
("AHS")
  Delaware
May 18, 2015
  100% held by
AVCO
  Provides medical related consulting services and developing Avalon Cell and Avalon Rehab in United States of America ("USA")
             
Avalon (BVI) Ltd.
("Avalon BVI")
  British Virgin Island
January 23, 2017
  100% held by
AVCO
  Dormant,
is in process of being dissolved
             
Avalon RT 9 Properties LLC
("Avalon RT 9")
  New Jersey
February 7, 2017
  100% held by
AVCO
  Owns and operates an income-producing real property and holds and manages the corporate headquarters
             
Avalon (Shanghai) Healthcare Technology Co., Ltd. ("Avalon Shanghai")   PRC
April 29, 2016
  100% held by
AHS
  Provides medical related consulting services and developing Avalon Cell and Avalon Rehab in China
             
Genexosome Technologies Inc. ("Genexosome")   Nevada
July 31, 2017
  60% held by
AVCO
  Develops proprietary diagnostic and therapeutic products using exosomes
             
Beijing Jieteng (Genexosome) Biotech Co., Ltd. ("Beijing Genexosome")   PRC
August 7, 2015
  100% held by
Genexosome
  Provides development services for hospitals and other customers and sells developed items to hospitals and other customers in China
             
Avactis Biosciences Inc.
("Avactis")
  Nevada
July 18, 2018
  100% held by
AVCO
  Integrate and optimize global scientific and clinical resources to further advance cellular therapies, including regenerative medicine with stem/progenitor cells as well as cellular immunotherapy including CAR-T, CAR-NK, TCR-T and others to treat certain cancers
             
International Exosome Association LLC ("Exosome")   Delaware
June 13, 2019
  100% held by
AVCO
  Promotes standardization related to exosome industry