GE Healthcare Korea said Wednesday that it would collaborate with Medical AI, a Korean medical artificial intelligence (AI) firm, to develop an AI-based electrocardiogram (ECG) reading technology and conduct related businesses.According to their memorandum of understanding, the two partners will als
“Psychiatry is a field with high unmet needs. Patients want to listen to the doctor’s explanation more, and doctors also want to provide quality counseling continually. Currently, drugs are the primary means of mental health treatment because of low counseling reimbursement rates and the shortage of
CancerRop said Friday it would change the company name to Dx & Vx Co. and appoint Hanmi Science CEO Lim Jong-yoon, its majority shareholder, as a board member.According to the company, it has aspirations to leap forward as a global bio-healthcare company by conducting vaccine business backed by the
Deep Bio said that its deep learning-based prostate cancer pathology diagnosis technology using a Gleason grading system acquired NET (new excellent technology) certification on Tuesday.NET certification is a certification system implemented by the Ministry of Trade, Industry and Energy to promote c
NGeneBio said it plans to realize the era of personalized treatment by adding companion diagnosis, liquid biopsy, and AI technology to next-generation sequencing (NGS), which has revolutionized cancer and rare diseases diagnosis.NGS is the latest technology to mass-produce DNA sequence data and anal
EOFlow said it has agreed to export 45.3 billion won ($38.5 million) worth of its EOPatch, its wearable insulin pump, to PT. Prasasti Nusantara Sukses (PT. PNS), an Indonesian medical device company.PT. PNS will also hold exclusive sales rights for the device in Indonesia until Dec. 5, 2026.EOFlow s
ASP Korea is promoting its infection control system in line with the growing awareness of infection amid the Covid-19 pandemic.The company held a press conference in Seoul on Monday to emphasize the importance of hospital infection control and introduce its sterilization system.ASP is an infection c
Korean medical AI solution developers said the Korean government set excessively high standards for new health technology assessment, a step required for getting health insurance benefits.Korean physicians are highly interested in AI-backed medical practice, and companies are actively developing AI
Korean diagnostic kit makers are eager to assure that their Covid-19 testing kits can detect the Omicron variant.Omicron (B.1.1.529) is one of the Covid-19 virus variants, designated by the WHO as the fifth variant of concern (VOC) after Alpha, Beta, Delta, and Gamma.Some worry that Omicron’s mutati
3bigs, a Korean bio-venture, said Friday that it would develop a bio-health big data platform for drug development and genome therapy in collaboration with Amazon Web Services (AWS).According to the company, the bio-health big data platform will combine patient data and genomic data of major hospita
GC MS said that it has confirmed that its rapid antigen diagnostic kit, GENEDIA W COVID-19 Ag, can detect the new Omicron variant.Omicron variant is a virus designated as a mutation of concern by the World Health Organization (WHO) after Alpha, Beta, Delta, and Gamma. The variant has 32 spike protei
Kakao Corp., a tech giant in Korea, said it would enter the digital healthcare market in earnest.The company said it would establish a “company in company” (CIC) for global digital healthcare services as of Monday next week.For the new business, Kakao will appoint Hwang Hee, a professor of pediatric
The Ministry of Food and Drug Safety said on Thursday it designated “Soft Ureteroscopy Automated System Surgical Robot” as the nation’s 17th innovative medical device.A surgeon can remove kidney stones using the device by inserting a thin, soft, and flexible ureteroscope and remotely controlling it.
Seegene said Wednesday that its Allplex SARS-CoV-2 Master Assay, a Covid-19 diagnostic kit, can detect the Omicron variant.According to the company, Allplex SARS-CoV-2 Master Assay targets four existing Covid-9 genes --- E, RdRP, N, and S genes -- and five variant genes -- HV 69/70 deletion, Y144 de
Korean diagnostic kit manufacturers brushed off concerns that their PCR test devices could not detect Omicron, a new Covid-19 variant hitting the globe.LabGenomics on Monday that its PCR testing product LabGun COVID-19 ExoFast RT-PCR Kit was able to identify Omicron.“Our partner company Siemens, a s
In light of detecting a new Covid-19 variant called Omicron, Korean diagnostic kit makers are drawing attention from investors again.After experts raised concerns that the Omicron variant, first identified in South Africa recently, would be highly contagious and thwart existing Covid-19 vaccines, an
Alcon Korea, a company specializing in eye care, said it has successfully hosted an online core symposium to share clinical experience and know-how using retinal surgery equipment.The company hosted the meeting to discuss optimal retinal surgery strategies and implementation plans by sharing clinica
Korean health AI solution providers are speeding up efforts to enter foreign markets.Deep Bio said on Tuesday it clinched strategic partnerships with a company in Europe and another in India to raise the competitiveness of DeepDx Prostate, prostate cancer diagnosis assistance software, and sell the
“Gone are the days when new drug development was aimed at all comers. From the aspect of precision medicine, multinational pharmaceutical companies are choosing to use companion diagnostics (CDx) as an effective and preemptive tool to develop new drugs. Collaborations between drugmakers and CDx comp
Huons Medicare said it would display its space sterilizer, Huen IVH ER, at the 17th International Fire & Safety Expo Korea 2021.The event takes place at the EXCO in Daegu from Wednesday to Friday this week. More than 450 companies specializing in fire safety will participate in the largest-ever exhi