Medtronic Korea said Monday it appointed Yoo Seung-rok, the senior marketing director at the company, as its new vice president and managing director.Yoo joined Medtronic Korea as Chief Financial Officer (CFO) in 2010 and was in charge of overall support and operations for the company, including fin
Neurophet, a Korean medical AI company, said on Monday that it signed an exclusive agreement with Clairvo Technologies to sell Neurophet Aqua, its flagship degenerative neurological disease diagnosis assistant software, in Japan.Earlier in March, Neurophet obtained medical device certification for N
The Ministry of Health and Welfare (MOHW) and the Ministry of Food and Drug Safety (MFDS) said on Thursday that they collaborated with three other government institutions to select three digital health technology solutions as the first "innovative medical devices" under a new evaluation system.Two a
Coreline Soft, a medical artificial intelligence (AI) company, said on Friday that it obtained medical device certification (pre-market authorization) from the Singapore Health Sciences Authority (HSA) for nine of its AI-based solutions on Saturday.The certificate includes AVIEW products for analysi
GC Corp. said Thursday that its patch-type influenza vaccine MIMIX-Flu, a co-development item with U.S. Vaxess Technologies, proved safety and immunogenicity in a phase 1 trial.MIMIX-Flu is a device that combines GC's influenza vaccine antigen with Vaxess's patch-based subcutaneous drug delivery tec
Lunit said on Thursday that a study published in the January 2023 issue of The Lancet Regional Health–Americas, demonstrated the effectiveness of Lunit’s INSIGHT CXR as a triage tool for tuberculosis (TB) screening in prisons.Globally, prisons are high-risk settings for TB. In South America, TB case
Bionote said Monday that it confirmed the final public offering price at 9,000 won ($6.90) due to demand forecast from institutional investors from last Thursday to Friday.While the company initially planned to offer 13 million depository receipts at the offering price range of 18,000 won to 22,000
Noul said it signed the memorandum of understanding (MoU) with Ghana Infectious Disease Center (GIDC) to cooperate on strengthening onsite malaria diagnostic capability in Ghana.According to the company, Ghana’s population of about 30 million is exposed to the risk of malaria.“There are more than fi
SD Biosensor said it delayed the acquisition date of Meridian Bioscience, a U.S. diagnostics company.According to a public filing on Monday, SD Biosensor said it will revise the expected date of acquiring stocks and investment securities of Meridian Bioscience from Jan. 7 to Jan. 31, 2023."This is a
Conflict over Humasis’s management control is deepening between CEO Cha Jeong-hak and the company’s minority shareholders.However, the company’s share prices have sharply risen ahead of the extraordinary shareholders meeting scheduled for February to discuss the participation in management by the un
Competition in the reusable and electronic mask market is heating up as two companies, LG Electronics and Dyson unveiled their reusable air purifying masks in a respective public announcement on Thursday.LG’s electronic air purifying mask called, LG PuriCare Mask, was first launched in Hong Kong las
Bionote, which plans to go public on the Kospi market this month, presented its goal of becoming a global top-tier animal diagnostic company."Through the initial public offering (IPO), the company hopes to become one of the global top three in animal diagnosis and bio contents. We will invest in fac
The Korean Institute of Science and Technology (KIST) said on Wednesday that its researchers developed an electronic sweat sensor for event-driven, energy-efficient, long-term wireless monitoring of epidermal perspiration dynamics in a recently published study.Human sweat contains blood metabolites,
"After enhancing the company's strength based on AITRICT-VC, our risk prediction solution for in-hospital emergencies, we plan to actively advance into the global market. Preparatory work is already underway, with the company undergoing U.S. Food and Drug Administration approval process for the solu
As next-generation sequencing (NGS)-based precision medicine advances, industry officials are emphasizing the importance of genome diagnostic technology.Unlike in the past when treatments were developed for each disease, treatments can be used according to individual gene expression, and genome diag
Thermo Fisher Scientific Korea has canceled news conference scheduled for Tuesday to celebrate insurance benefits for Oncomine Dx Target Test (ODxTT), a next-generation sequencing (NGS) cancer diagnostic kit.On Nov. 16, the Ministry of Health and Welfare introduced ODxTT’s new virtual navigation dev
The clinical study results of SK Biopharmaceutical's Zero Glasses and Zero Wired, its integrated wearable devices that can predict seizures by measuring bio-signals from brain activity, heart rhythm, and body movement, were disclosed at the recent American Epilepsy Society (AES 2022) in the U.S., on
Medtronic Korea said on Thursday that it will target the domestic market in earnest after applying for insurance benefits for its Percept PC neurostimulator using its brain signal detection technology, BrainSense.Percept PC is equipped with Medtronic's proprietary technology called BrainSense to pro
CHICAGO, Ill. -- By Lee Han-soo/Korea Biomedical correspondent – The Korean medical device industry is actively trying to advance into the U.S. market by establishing offshoots and hiring foreign executives and employees who know the American industry.Such a trend was apparent at the Radiological So
VUNO, a Seoul-based medical AI solution company, said Tuesday that it won approval for VUNO Med-Fundus AI, an AI-based fundus reading device, from Taiwan’s Food and Drug Administration(TFDA).The company said VUNO Med-Fundus AI, designed for diagnosis of retinal diseases based on fundus images, was t