Regencell Bioscience’s Hong Kong office. The company is an early-stage biotech leveraging Traditional Chinese Medicine for neurological disorders. Founded in 2014 and listed on Nasdaq in 2021, Regencell focuses on developing natural TCM-based treatments for conditions like ADHD and autism spectrum disorder Marketbeat. It has even explored herbal COVID-19 remedies in the past, though these remain experimental Stocktitan. Importantly, RGC is pre-revenue – it has no product sales or FDA-approved drugs yet, and subsists on research funding and IPO proceeds. In the most recent financial report, the company disclosed zero revenue and a net loss of ~$1.85 million for the half-year ended Dec 2024 Sec. Full-year 2024 losses were about $4.4 million, indicating ongoing R&D and administrative costs.