The Korea Exchange (KRX) has suspended stock trading of EONE-Diagnomics Genome Center (EDGC), a Kosdaq-listed genomic analysis company, due to unverified rumors that the company received a disclaimer of opinion during its audit process.The suspension took effect when the market opened Monday, with K
Seegene, a Korean in vitro diagnostics company, recently hosted Jenny Harries, Chief Executive of the UK Health Security Agency (UKHSA), at its headquarters in Songpa-gu, Seoul.The visit, which took place on March 27, served as a platform for both parties to discuss innovative strategies to create a
Lunit said it published a study showing that using Lunit Insight MMG, its AI image analysis solution for mammography, can increase the likelihood of early breast cancer diagnosis and significantly reduce the workload of physicians.The study, conducted in collaboration with researchers from various u
VUNO, a Korean medical AI company, said Wednesday that it had completed the U.S. trademark registration of VUNO Med-DeepCARS, an artificial intelligence-based cardiac arrest prediction device.VUNO Med-DeepCARS is the first AI medical device in the Korean medical AI industry to be designated as an in
Hahn & Co., a Korean private equity investment company, has completed the acquisition of Cynosure, a U.S. medical aesthetics company specializing in laser and light-based treatments, and is now taking steps to integrate Cynosure with Lutronic, a developer of advanced medical and aesthetic lasers and
AITRICS and Korea University Anam Hospital (KUAH) have signed a memorandum of understanding to advance medical AI technology.AITRICS is renowned for its expertise in biometric signal-based medical AI technology. Its flagship AI solution, AITRICS-VC, is designed to predict deteriorations in patient c
Coreline Soft said its artificial intelligence (AI)-powered coronary artery calcification automatic diagnostic solution, AVIEW CAC, has received 510(k) clearance from the U.S. FDA.A 510(k) is a premarket submission made to the FDA to demonstrate that the device to be marketed is as safe and effectiv
Ybrain, a local mental health therapeutics company, entered into a strategic partnership with Friend & Companion, a specialized MSO (Management Service Organization) and CRO (Clinical Research Organization) company, to co-market its proprietary electroencephalogram diagnostic device, MINDD SCAN.MIND
Lunit, a medical artificial intelligence (AI) company, said Monday it would present seven research findings using its AI biomarker platform, Lunit Scope, at the American Association for Cancer Research (AACR) 2024 in San Diego, Calif., from April 5-10.In a poster presentation, Lunit will demonstrate
Coreline Soft, a medical AI company, has begun to generate results by strengthening its solution supply contracts and partnerships with leading European hospitals.Coreline Soft said Thursday that it has signed a contract to supply its flagship product, AVIEW LCS Plus, a simultaneous diagnosis soluti
Kakao Healthcare said Tuesday that it has signed a business agreement with healthcare startup Brave Company to develop and spread exercise content for proper blood sugar management.Through the agreement, Kakao Healthcare's medical experts and Brave Company's exercise experts will jointly plan and de
In vitro diagnostics company Precision Biosensor has begun commercializing personalized diagnostic equipment, Egoo Health System, by collaborating with its Danish partner Qlife.Qlife, which was listed on the Nasdaq First North Growth Market, an alternative stock exchange for small- and mid-sized gro
Medical AI company AITRICS said Thursday that it has raised Series B funding totaling 27.1 billion won ($20.4 million) from nine Korean and foreign venture capital firms.For the Series B round, existing investors like Premier Partners, BNH Investment, and BSK Investment made follow-on investments, w
The Korea Medical Devices Industry Association (KMDIA) and the Taiwan Bio-Medical Care Association (TBMCA) signed a memorandum of understanding on Monday.KMDIA said on Wednesday that the MOU is designed to enhance information exchange and mutual trade in Korea and Taiwan's medical device markets and
AITRICS, a healthcare artificial intelligence (AI) company, has unveiled AITRICS-VC (VitalCare), an AI solution for predicting patient deterioration, at major medical device exhibitions in Korea and the United States.AITRICS said Monday that it participated in the HIMSS 2024 Global Health Exhibition
Boston Scientific said Monday that it would expand technical support for the Lumenis Pulse 120H Holmium Laser System based on the MOSES technology and further strengthen its leadership in stone treatment in Korea.According to Boston Scientific, the company has recently enhanced the expertise of its
Lunit said it signed contracts to supply its AI solutions to France's largest teleradiology network, TeleDiag, and the Central Center of the Portuguese Cancer League (Liga Portuguesa Contra o Cancro, LPCC), a prominent nonprofit organization in Portugal.Lunit has recently secured a contract with Tel
The 39th Korea International Medical and Hospital Equipment Show (KIMES) 2024, which opened on Thursday, attracted visitors' attention with more than 13,000 products related to the medical industry, especially AI-based smart healthcare and robotics.KIMES 2024, which will continue through Sunday, mor
Philips Korea said Wednesday that it would showcase the company’s broad ultrasound portfolio for clinical settings at the 39th Korea International Medical & Hospital Equipment Show (KIMES 2024) at COEX, southern Seoul, from Thursday to Sunday.The medical field strives to realize precision medicine b
Lunit said it has received the first-phase approval from the New Zealand High Court for its acquisition of Volpara Health Technologies.Volpara, established in 2009 in Wellington, New Zealand, specializes in AI-based breast cancer screening solutions. It has supplied its technology to over 2,000 medi