3BIGS said on Wednesday that it signed a memorandum of understanding (MOU) with Bangalore Gastro Center (BGC), a hospital specializing in digestive diseases in India, to research and treat digestive diseases based on the gut microbiome.The collaboration aims to provide end-to-end personalized diagno
Lululab said it has signed a memorandum of understanding (MoU) with Yonsei Cancer Center's Scar Laser and Plastic Surgery Center to establish a Skin AI Beauty Research Center.The contract comes after the company had signed a previous agreement with Severance Hospital in 2020 to establish a skin diag
SD Biosensors has initiated a recall of certain Pilot COVID-19 At-Home Tests distributed by Roche Diagnostics in the U.S.The Pilot COVID-19 At-Home Test is an over-the-counter rapid antigen test and uses a nasal swab sample that can be self-collected and self-tested by individuals ages 14 years and
On Monday, Roche Diagnostics Korea announced the launch of uPath PD-L1 (SP263) Image Analysis Algorithm, an automated AI tool designed to rapidly detect PD-L1 biomarkers in non-small cell lung cancer (NSCLC) patients.The product operates on uPath enterprise software and serves as a companion diagnos
The recent removal of bidding rules by the Vietnamese government is expected to accelerate the entry of Korean medical device companies into the Vietnamese market, industry watchers said.The Vietnamese Ministry of Health has eliminated government bidding regulations in response to complaints from th
Glenwood Private Equity (PE) has been selected as the preferred bidder for an acquisition of LG Chem's diagnostic division, a pharmaceutical industry official said. LG Chem's diagnostics division operates various diagnostic reagents and polymerase chain reaction (PCR) equipment to test for allergic
Siemens Healthineers said it unveiled Atellica CI 1900 Analyzer, an integrated biochemical and immunoassay solution, for the first time in Korea at the Korean Society for Laboratory Medicine's 2023 spring symposium, held from last Thursday to Friday.Atellica CI 1900 Analyzer received approval from t
Coreline Soft said it has signed a contract to supply AVIEW COPD, an automated lung image analysis software for the diagnosis of chronic obstructive pulmonary disease (COPD), to Pulmonx Corporation in the U.S.AVIEW COPD is a fully automated solution that combines the various image analysis algorithm
SD Biosensor, an in vitro diagnosis company, has been ordered to pay a penalty of 102.1 billion won ($76.1 million) due to a recent tax audit.In a public filing Thursday, the company said that Central Reginal Tax Service imposed the penalty tax. The surcharge was the result of the tax audit for the
Promis Diagnostics, a U.S. subsidiary of Genomictree, said its in-vitro early detection product for bladder cancer, EarlyTect-BCD, has received breakthrough device designation from the U.S. Food and Drug Administration (FDA).Breakthrough device designation is a review process granted by the FDA to e
The domestic medical artificial intelligence industry has said, “Without insurance benefits, we cannot survive.”At a recent workshop, however, digital healthcare companies expressed willingness to “live independently” based on user experience. Participants said they must break away from the time-old
The number of medical device approvals has been declining since the outbreak of the Covid-19 pandemic in early 2020 but domestic medical devices have outpaced imports in terms of approvals for three consecutive years, a government report showed. According to the report by the Ministry of Food and Dr
Indica Labs and Lunit have announced an agreement to offer a fully interoperable solution, integrating Indica Labs’ HALO AP image management software platform with Lunit’s suite of AI-powered pathology products.Lunit SCOPE PD-L1 NSCLC (non-small cell lung cancer) can be activated in the HALO AP user
AriBio, a Korean company conducting an FDA-authorized phase 3 study for oral dementia treatment AR1001 in the U.S., said it won the Korean government’s funding to work on an electronic treatment for early Alzheimer’s disease. The company announced that the Ministry of Health and Welfare picked AriBi
NGeneBio said it agreed with Agilent Technologies Korea, a global gene analysis equipment company, to cooperate in the Korean and international next-generation sequencing (NGS) precision diagnostics market.NGS-based precision diagnosis of cancer, which tests multiple genes simultaneously, is a criti
Artificial intelligence solution provider VUNO said Friday that it has patented a “method to assist the visualization of lesions in medical images and a device using them” in the United States.The technology that attained patent registration is a device that allows medical workers to modify the area
On Thursday, two Korean companies specializing in medical artificial intelligence (AI) solutions, Coreline Soft and JLK, revealed their expansion into the South American market.Coreline Soft announced its entry into Brazil, while JLK announced its entry into Argentina.Coreline Soft, which is prepari
WELT’s insomnia digital treatment device, WELT-I, became Korea’s second approved digital therapeutics (DTx) on Wednesday.WELT-I is an insomnia treatment aimed at correcting psychological, behavioral, and cognitive factors that sustain or worsen insomnia. The device was developed to deliver treatment
The fourth-generation ceramic used for artificial hip arthroplasty has proved its safety by recording a survival rate of 98.3 percent in long-term research of 10 or more years.A joint research team, led by Professors Lee Young-kyun and Park Cheong-wi of the Orthopedics Department at Seoul National U
Shinpoong Pharmaceutical said it has signed a contract with Cossni Medical, a South African medical device company, to supply Medicurtain, its anti-adhesion drug used in surgery.Under the contract, Shinpoong will supply $7.97 million (approximately 10.6 billion won) worth of Medicurtain to Cossni Me
