The Korea International Medical and Hospital Equipment Show 2023 (KIMES), the largest medical device exhibition in Korea, will kick off its four-day run on Thursday this week, under the theme of "Better Life, Better Future."Hosted by the Korea Medical Devices Industrial Cooperation Association (KMDI
Korea's first heavy ion therapy device which has already been installed at Yonsei Cancer Center in Severance Hospital, obtained approval on Tuesday from the Ministry of Food and Drug Safety (MFDS) to treat patients with intractable cancers.The import item license was granted to DK Medical Systems fo
Osteonic said it will supply $4.8 million of its orthopedic implant products to Saudi Arabia's National Unified Procurement Company (NUPCO).According to the company, Arab East Medical, its local partner and exclusive distributor in Saudi Arabia, participated in and won a tender opened by NUPCO.NUPCO
CG Bio said it has opened NULOOK, a medical aesthetics clinic on Bali Island, Indonesia, with plans to make it a medical tourism hub in Southeast Asia.NULOOK will provide comprehensive aesthetic procedures based on bio-medical technology by positioning itself as a place where people can experience h
Medical IP said on Monday that it signed a mutual agreement with Amazon Web Services (AWS) to help advance its cloud-based digital transformation toward global markets using AWS' cloud infrastructure such as the U.S., China, and the Middle East.Per the agreement, AWS will support the smooth implemen
Juvic, a microneedle drug developer, said on Monday that it successfully developed a new drug delivery stamp technology called a micro-pillar tunnel stamp (MPTS) that can significantly improve the drug delivery of existing topical drug formulations.Juvic’s research team, led by Professor Jung Hyung-
3BIGS, a Korean company specializing in medical big data, said on Thursday that it has developed an early version of 3X-GPT which is specialized in mining biomedical data using OpenAI’s interface, ChatGPT.ChatGPT is a natural language processing AI-based chatbot developed by OpenAI which has been dr
Wells Bio said on Wednesday that its careGENE SFTS Virus RT-PCR kit obtained domestic approval to diagnose severe fever with thrombocytopenia syndrome (SFTS) virus.The kit diagnoses the genes of the SFTS virus in human blood samples with real-time reverse transcription polymerase chain reaction (RT-
Medical IP said Tuesday it obtained a second-class medical device certification from the Ministry of Food and Drug Safety for its medical image analysis software, TiSepX Lung Volumetry, which calculates lung volume using chest X-rays.TiSepX is the abbreviation for tissue separation from X-ray. It is
Lunit said it has completed validation of Lunit Scope PD-L1, its artificial intelligence pathology analysis solution, in Clinical Laboratory Improvement Amendments (CLIA)'s laboratory-developed test (LDT).The company conducted the test at Guardant Health's CLIA Lab. According to the joint research a
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