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
Philips Korea said on Tuesday that it has signed a reference site agreement with Asan Medical Center (AMC) in Seoul to collaborate in fully digitizing pathology diagnostics in Korea.Under the agreement, the two will increase mutual support to expand their leadership in digital pathology, including i
Thermo Fisher Scientific said it would establish five to six specialized contract laboratories to expand the utilization of its recently launched lung cancer-specific NGS test, the Oncomine Dx Target Test (ODxTT), in Korea.ODxTT is capable of detecting single nucleotide variants (SNVs), deletions an
GE HealthCare, a global healthcare company that recently spun off from General Electric, is striving to create a new world without constraints in healthcare with its three basic "3D" principles – device, digitalization, and disease pathway.GE HealthCare is a top player in the medical imaging industr
CG Bio said it has launched Voluint, a 3D breast volume measurement device, in Korea.Volunit is an in-vitro medical camera equipment that can accurately measure anatomical indicators such as breast volume and circumference in conjunction with Cordia, a 3D chest analysis solution software developed b
A local analyst has lowered the target stock price of SD Biosensor by almost half from November, predicting the diagnostics company’s earnings will decline with the Covid-19 pandemic transitioning to endemic in Korea.In a corporate briefing on Wednesday, Kiwoom Securities analyst Huh Hye-min said he
Coreline Soft, a developer of AI-backed medical imaging solutions, said it has achieved its best performance since its establishment thanks to overseas certifications of major products and contracts with global partners.According to the company’s public filing of the preliminary 2022 earnings, Corel
Seegene, a diagnostics company that experienced rapid growth due to the global demand for Covid-19 test kits, has announced a decision to freeze its employees' wages this year as a result of declining earnings.Market watchers say that the company's drastic increase in employees during the pandemic m
A dental health expert said Korean people need to shift their perception with a focus on prevention rather than treatment of gum diseases, and that this could be done by implementing standard gum brushing. Korea’s Oral Health Association Chairman Park Yong-duk spoke on how to prevent gum diseases at
Neurophet said on Tuesday that its AI-based neurodegenerative brain image analysis software, Neurophet AQUA, has received medical device approval from Singapore’s Health Sciences Authority (HSA).Neurophet AQUA is the second device to win approval in Singapore after the company’s automated PET image
Dr. Diary, a healthcare startup based in South Korea, has accused Kakao Healthcare of allegedly copying its blood glucose management service with its new diabetes business model, "Gamma."However, Kakao Healthcare, a healthcare unit of Korean IT giant Kakao, has called the allegations groundless.Acco
Lunit said it will present five poster presentations featuring its AI-biomarker platform, Lunit SCOPE IO, during the 2023 American Association for Cancer Research (AACR) annual meeting in Orlando, Florida, from April 14-19.One of the studies to be presented evaluates a deep learning-based ensemble m
Medtronic Korea said on Friday that it signed a memorandum of understanding (MOU) with the Korean Society of Obstetrics and Gynecology (KSOG) to designate the Medtronic Innovation Center in Korea as a specialized training facility for gynecologic surgery.Under the MOU, Medtronic Korea will equip the
The medical device industry is experiencing rapid transformation with the advent of the Fourth Industrial Revolution. The integration of digital transformation, such as artificial intelligence technology, is producing remarkable progress and creating new value when combined with existing medical dev
Wells Bio said on Thursday that it obtained medical device approval from the Japanese Pharmaceuticals and Medical Devices Agency (PMDA) for its careSTART G6PD Biosensor Analyzer.Accordingly, the company will begin exporting the device to Japan this month.The biosensor analyzer is a medical device th