Macrogen, a Korean genome analysis company, said it installed NovaSeq X Plus, Illlumina’s latest production-scale sequencer, for the first time in Korea.Macrogen plans to complete the introduction and installation of five NovaSeq X Plus devices at its Korea Genome Center, Japanese subsidiary, Europe
Coreline Soft, a company specializing in medical AI solutions, said on Friday that its AI-based lung nodule detection solution, AVIEW Lung Nodule CAD, has obtained FDA 510(k) clearance.This is the first AI-based lung nodule detection CAD in Korea and the fifth in the world to obtain U.S. FDA 510(k)
Kakao Healthcare made clear that it has no plans to jump into the non-face-to-face treatment business in the domestic market even after it is introduced in Korea. However, the company left open the possibility of global business.“We’ve been asked frequently since last year whether Kakao Healthcare w
Olympus, a global medical device company, said it plans to acquire Taewoong Medical, a Korean medical device maker specializing in gastroenterology and metal stents, for $370 million (about 482 billion won).Of the total acquisition payment, Olympus will pay approximately $255.5 million upon completi
ATsens said on Friday that its real-time ECG patch, AT-patch, will be used in the “world’s first” clinical trial to evaluate the incidence and risk of arrhythmia in adults climbing Mount Everest in conjunction with a university hospital in Switzerland.The "Cardiac Arrhythmias at Extreme Altitude" cl
Macrogen, a Korean genome analysis company, said that it used its genetic testing technology to confirmed that 15 otters were living in the Han River area. Otters are a Class 1 endangered wildlife species.Macrogen and the Association of Korea Otter Conservation (AKOC) conducted the study to find out
Medtronic, a U.S. medical device company, is reportedly seeking to acquire EOflow, a Korean company specializing in wearable insulin pumps.According to Aju Business Daily, EOFlow is said to have selected Credit Suisse as the organizer of the sale."Rumor is circulating that Medtronic has entered the
A joint team of researchers said on Tuesday that they developed a liquid biopsy technology that can diagnose biliary tract cancer early using extracellular vesicles, with an accuracy 1.3 times higher than conventional methods.Currently, the diagnosis rate of a standard liquid biopsy CA19-9 test stan
Artificial intelligence-based chest X-ray image reading assistance has demonstrated its effectiveness in real-world clinical settings. For example, the detection rate of lung nodules used in lung cancer diagnosis based on AI programs showed an improved detection rate.The research team led by Profess
Seegene, the Korean diagnostic kit maker, said its annual sales and operating profit fell drastically in 2022 due to the easing of the Covid-19 pandemic.According to the company's public filing on Friday, the company recorded sales and operating profit of 853.3 billion won ($657.1 million) and 195.9
LN Robotics said on Friday that it obtained approval from the Ministry of Food and Drug Safety (MFDS) for its All-purpose Vascular Intervention Assist Robot (AVIAR) in Korea.AVIAR is a vascular intervention robot with a focus on percutaneous coronary interventions to treat cardiovascular diseases re
Lunit, a Korean biopharmaceutical company specializing in artificial intelligence (AI)-based cancer solutions, said on Friday that it will establish a new subsidiary in Amsterdam, the Netherlands, following a board of directors meeting held on Thursday.Accordingly, Lunit Inc. will hold a 100 percent
The healthcare industry is closely watching the results of the technical dispute mediation applied by Algocare against Lotte Healthcare.Algocare suspects that Lotte Healthcare had stolen its technology in developing Cazzle, the latter's nutrient dispenser.According to the Ministry of SMEs and Startu
Medtronic Korea said it has initiated a large-scale domestic recall of its natural bone graft products.The company recalled Grafton DBM (model name: T45001INT) due to concerns about damage to the sterilization package exterior during the product packaging process of natural bone graft. There are 11,
The Ministry of Food and Drug Safety (MFDS) said that Aimmed’s Somzz for treating insomnia was the first digital therapeutics (DTx) device to receive domestic marketing approval at a press briefing on Wednesday.Somzz is a software medical device that implements cognitive behavioral treatment (CBT) t
Amid the impending approval of digital therapeutics (DTx) devices in Korea, a report that examined the rapidly growing global DTx market has been presented, drawing the attention of domestic businesses.The Korea Health Industry Development Institute (KHIDI) released the report on Monday, which analy
The Ministry of Food and Drug Safety (MFDS) said on Monday that it will promote international cooperation for the Korean medical device sector at the Global Harmonization Working Party (GHWP) in Riyadh, Saudi Arabia from Monday to Thursday this week.The GHWP is a cooperative organization established
Dx&Vx, a Korean molecular diagnostics company, said it achieved record-high sales and successfully turned to an operating profit in 2022.According to the company's public filing on Friday, the company recorded sales of 32.2 billion won ($26.2 million) last year, up 331 percent compared to 2021.The c
Lunit said it agreed with Agfa HealthCare, a multinational imaging company headquartered in Belgium, to supply an AI image analysis solution for breast cancer diagnosis to the Dubai Academic Health Corporation (DAHC) in the United Arab Emirates (UAE).The two companies have been collaborating to deve
Macrogen, a company specializing in genome analysis, said on Monday it acquired a domestic patent for a health information analysis device using microbiomes.This patent is for a device that can diagnose a specific disease or predict risk or prognosis using microbiomes in the body and its genome.The