Exhibit 21.1
Subsidiaries
| Name | Jurisdiction | Ownership Percentage | ||
| Avalon Healthcare Systems Inc. | Delaware | 100% | ||
| GenExosome Technologies Inc. | Nevada | 60% | ||
| Avalon RT 9 Properties LLC | New Jersey | 100% | ||
| Avalon (Shanghai) Healthcare Technology Co., Ltd. | China | 100%1 | ||
| Beijing Jieteng (GenExosome) Biotech Co. Ltd. | China | 60%2 | ||
| Avactis Biosciences, Inc. | Nevada | 100% |
1 Wholly-owned by Avalon Healthcare Systems Inc.
2 Wholly-owned by GenExosome Technologies Inc.