Lunit said it will present the results of artificial intelligence (AI) analysis of tertiary lymphoid structure (TLS) located in tumor specimen tissue to predict treatment response at the 2023 World Conference on Lung Cancer (WCLC 2023). WCLC 2023, taking place in Singapore from Sep. 9-12, is expecte
Korea might be lightyears ahead of other countries with developing new digital health technologies. However, the nation falters in timely implementation, raising questions about the practical impact of its advancements. Korea approved two digital therapeutics (DTx) devices this year but there has be
As Korean digital therapeutic device companies, including Welt and Aimmed, prepare to enter the U.S. market, an American expert has advised them to go beyond getting approvals and prove cost-effectiveness to land the market successfully.Jennifer Goldsack, president of the U.S. Digital Medicine Socie
VUNO has expanded the coverage of its non-reimbursable VUNO Med–DeepCARS, an artificial intelligence (AI)-based cardiac arrest prediction software, to include children under 19 years old.The decision, made by the National Evidence-based Healthcare Collaborating Agency (NECA) on Thursday, broadens th
Lunit continues to solidify its global footprint with significant strides in financial growth and international partnerships, an analyst’s report said.According to the report by Jun Choi at Macquarie, the results for the second quarter announced last Friday revealed a promising increase in revenue f
Johnson & Johnson MedTech Korea said Wednesday that it signed an agreement with Yuhan Corp. and Huinno to co-promote MEMO PATCH PLUS, an electrocardiogram (ECG) monitoring medical device. MEMO PATCH PLUS, developed by Huinno, is a device prescribed to continuously monitor a patient's electrocardiogr
Seegene's preliminary earnings results for the second quarter showed a continued deterioration in the company's performance, as the COVID-19 outbreak entered an endemic phase.According to a public filing by Seegene last Friday, the company's sale in the second quarter was 84.9 billion won ($63.7 mil
Life Semantics Corp., a Korean digital health company, said on Monday that it recently introduced its digital health products to Paraguayan government officials.Paraguay not only borders major Latin American countries such as Brazil and Argentina but is also a member of the MERCOSUR, also known as t
EOFlow, the wearable insulin pump EOPatch developer, has been embroiled in an intellectual property right (IPR) infringement lawsuit in the U.S.In a public filing Wednesday, EOFlow said that INSULET, a U.S. developer of wearable insulin pumps, has filed an IPR infringement and unfair competition law
Canon Medical Systems Korea is voluntarily recalling all Vantage Galan 3T MODEL MRT-3020 MRI units installed in Korea after one of the devices in use in Japan caught fire during operations.According to the Ministry of Food and Drug Safety, the incident happened at a hospital in Japan when an operato
Health experts highlighted Korea’s conservative view towards telemedicine, stressing the need to conduct further pilot projects to move the telemedicine industry forward.The Korean Telemedicine Industry Council (KTIC) held a symposium inviting foreign and local medical industry experts to comment on
Many Korean diagnostic companies participated in the "2023 American Association for Clinical Chemistry (AACC) Expo" held in Anaheim, Calif., from July 25 to 27 (local time) to showcase their new products and technologies.AACC, which marked its 74th year, is the world's largest conference and exposit
Vatech, a Korean company specializing in dental diagnostics, said that its U.S. offshoot has partnered with Henry Schein, a global medical device distributor, to accelerate the expansion of its dental imaging devices into the U.S. market.Henry Schein is the world's top medical device distributor, ge
Kakao Healthcare, a subsidiary of Korea’s internet conglomerate Kakao, said on Tuesday that it signed a business agreement with Novo Nordisk, a Danish multinational healthcare firm, to provide smart healthcare services for Korean patients with diabetes.Under the agreement, the two companies will lin
Medical device software accounted for 61 percent of all designated innovative medical devices through last month.The Ministry of Food and Drug Safety said it is exploring ways for innovative medical devices to enjoy advantages in public tenders.The ministry said Friday that it has designated 13 prod
A forum is in store to examine the rapidly developing medical artificial intelligence (AI) and digital therapeutic devices (DTx) fields.Kakao Healthcare said it would host the “2023 Global Digital Healthcare Symposium” with Yonsei University Health System (YUHS) on Aug. 30. The symposium is designed
Osstem Implant, a dental equipment and supplies manufacturer, said it would voluntarily delist from the Kosdaq market on Aug. 14, 16 years after the company started trading on the tech-heavy secondary stock market,Korea Exchange finalized the delisting of Osstem after deliberations by the Corporate
Noul, an AI-based blood and cancer diagnostic platform company, has signed an exclusive agreement worth about $5.18 million (6.6 billion won) with a Nigerian medical device wholesaler to supply its digital microscopy platform until 2026. It was the company's third exclusive supply contract since its
Bertis, a company specializing in developing proteomics-based precision medicine technology, said it has launched PASS (Pan-omics Analysis Service & Solution) service in the U.S. through its local subsidiary, Bertis Bioscience.Bertis Bioscience has prepared to launch the PASS services after more tha
Next&Bio, a company specializing in organoid-based drug discovery, said on Monday that its pancreatic cancer drug susceptibility test has been designated an innovative medical technology. The company said that the test had become Korea’s first organoid-based innovative medical technology, paving the