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
The Korea Health Industry Development Institute (KHIDI) has recently presented a draft guideline to improve the quality of apps related to health management, based on its research project.Industry executives have, and private researchers have long expressed concerns about the accuracy and reliabilit
Avellino Labs, a U.S. gene therapy and molecular diagnostics company, said that it has appointed Jon Robson as its new CEO."CEO Robson will help the company innovate and grow by integrating machine learning, artificial intelligence, and big data with Avellino's expertise in genetics," the company sa
Genomictree said it has signed a contract to provide colorectal cancer screening analysis service, Earlytect, for Istituto Diagnostico Varelli Srl, an Italian-based molecular diagnostics company.Through systematic marketing cooperation, the two companies will focus their capabilities on establishing
Lunit said Monday that it has received clearance from the U.S. Food and Drug Administration for its artificial intelligence (AI)-based image analysis solution, Lunit INSIGHT Triage.Lunit Insight CXR Triage is a solution that automatically classifies normal and abnormal findings of emergency diseases
DeepBio said its DeepDx-Prostate Pro, an artificial intelligence (AI)-based pathology diagnosis assistance software, has received a Class 3 in-vitro diagnostic medical device from the Ministry of Food and Drug Safety.According to the company, the approval marks the first AI-based medical device that
Lunit said it would demonstrate the efficacy of its artificial intelligence-based biomarker platform, Lunit Scope IO, by participating in the U.S. Society for Immunotherapy of Cancer (SITC) 2021 conference.Lunit Scope IO analyzes a patient's cancer tissue slide image and observes the distribution of
SD Biosensor, bolstered by strong sales thanks to its Covid-19 diagnostic kits, has acquired a 100 percent stake in Eco Diagnostica, a Brazilian diagnostic company, for 47.4 billion won ($40.1 million), the company said.Founded in 2011, Eco Diagnostica manufactures and distributes human and animal d
Samsung Medison said its S-Fusion technology made a biopsy for prostate cancer successful at the Seoul National University (SNU) Bundang Hospital for the first time since the Health Insurance Review and Assessment Service (HIRA) recognized S-Fusion as a “new medical technology.”The medical device co
VUNO said that the Ministry of Food and Drug Safety has designated VUNO Med-DeepECG, the company's artificial intelligence-based electrocardiogram (ECG) analysis software, as Korea's 16th innovative device.The device uses deep learning to analyze ECG data to find heart failure, myocardial infarction
Decentralized clinical trials (DCT) are drawing attention as a new method to research by shortening the development period for new drugs and reducing time and cost amid the prolonged pandemic, according to industry insiders.Pharmaceutical companies face three major difficulties in conducting clinica
With the digital therapeutics market expanding worldwide, industry officials said that Korea needs a policy change to spur the growth of digital treatments.However, the Ministry of Health and Welfare remained cautious against allowing health insurance benefits for digital treatments too easily.At th
Macrogen said that it has completed the expansion and relocation of its branch office in Spain, aiming to strengthen its competitiveness in the European market.It is part of Macrogen’s strategy to build a global network of genome centers. The company opened a new genome center in Maastricht, the Net
EOFlow said that the company and Changsha Sinocare, a Chinese medical device maker, will establish a joint venture company, Sinoflow, in China.According to EOFlow, the joint venture company will manufacture and distribute EOPatch, a wearable and disposable insulin pump, and future EOFlow’s products
Celltrion said it has won emergency use authorization (EUA) from the U.S. Food and Drug Administration for Celltrion DiaTrust COVID-19 Ag Home Test, a Covid-19 diagnostic kit co-developed with Humasis.The approval follows EUA approval for Celltrion DiaTrust COVID-19 Ag Rapid Test, a point-of-care te