The government has announced a plan to use non-face-to-face medical treatment as a countermeasure to the collective action of the medical community, but related companies said they have never heard about it.At the “Ministerial Meeting on Response to Collective Action” on Monday, Prime Minister Han D
The Ministry of Food and Drug Safety announced a three-month manufacturing suspension for Celltrion Pharm's Astection Enteric Coated Tablets 100mg (aspirin), effective from Feb. 27 to May 26, due to violations of the Pharmaceutical Affairs Act.The medication is used for preventing thrombosis in cond
Innovative medical device companies have continued to record sales growth despite the challenges posed by Covid-19. These companies also increased new investment and R&D spending after becoming certified as innovative medical device companies, demonstrating the positive effects of the “innovative me
Humedix, a Kosdaq-listed healthcare firm, said Monday that its board of directors has recently decided to pay cash dividends.The final cash dividend per share will be 275 won ($0.2), representing 10.39 million shares. The company said the total amount of cash dividend for the year is 2.85 billion wo
Seegene, once hailed as a beneficiary of the Covid-19 pandemic, has reported a significant deterioration in profitability due to a drastic decline in related sales as the world transitions to the endemic phase of the virus.The company announced its preliminary financial results for 2023 last Friday,
Medical AI company Lunit said Monday that a research paper that predicted immunotherapy's effectiveness using Lunit SCOPE IO, an AI biomarker platform, has been published in the Journal for Immunotherapy of Cancer (JITC), the official journal of the Society for Immunotherapy of Cancer (SITC).Founded
VUNO said it has entered into a strategic partnership with DRGEM to embed VUNO's advanced AI solutions into DRGEM's X-ray systems.Under the agreement, VUNO will supply its AI-based thoracic X-ray interpretation assistant solution, VUNOMED Chest X-ray, to DRGEM.VUNOMED Chest X-ray stands out as an AI
Lunit announced a record-breaking revenue of 25 billion won ($21 million) for 2023, marking an 80.9 percent increase from 13.8 billion won a year earlier, thanks to a continued expansion of overseas sales of medical AI solutions. Last year, the Kosdaq-listed company posted an operating loss of appro
LifeSemantics said Thursday that it has completed the confirmatory clinical trial of its skin cancer image detection and diagnostic assistance software, a medical artificial intelligence solution that detects skin cancer.The clinical trial was a multi-center, retrospective study to prove the clinica
With the establishment of a new medical device category for lubricating gels, regulators are now outlining test methods to guide its evaluation.The Ministry of Food and Drug Safety (MFDS) said Wednesday that it has published and distributed the “Information Sheet on Test Methods for Personal Lubrica
VUNO, a Korean medical AI company, said Wednesday that its research on a self-supervised learning (SSL) algorithm to improve the efficiency and accuracy of artificial intelligence-based ECG data analysis has been adopted by the International Conference on Learning Representations (ICLR).ICLR, now in
Neurophet and ReadyCure said they have signed a business agreement to exchange business and conduct projects related to developing an Alzheimer's disease treatment.Under the accord, Neurophet will cooperate on developing ReadyCure's upcoming dementia treatment medical device, Helaxon.Utilizing its a
Waycen, a medical AI company, said Monday that it has been certified as the “No. 7 Innovative Medical Device Software Manufacturer” by the Ministry of Food and Drug Safety (MFDS).Waycen won the certification for its continuous quality management efforts, including product development, verification,
VUNO said it has achieved its highest annual revenue since its inception in 2014, thanks to a surge in revenue for VUNO Med-DeepCARS, its artificial intelligence (AI)-based cardiac arrest prediction solution, and increased sales in both domestic and international markets for its other AI medical ima
LifeSemantics has completed a local proof of concept (PoC) for its new non-face-to-face healthcare platform, “Dr.Call Thai,” to enter the Thai market.The technology demonstration was conducted with Praram 9 Hospital, a tertiary general hospital in Bangkok, to review the service performance of Dr. Ca
Osang Healthcare said it received approval from the Ministry of Food and Drug Safety for "GeneFinder HLA-B*58:01 Plus RealAmp Kit," designed to help better treat gout patients.The kit tests for the HLA-B5801 genetic variant, which is used to identify gout patients at risk of severe skin reactions to
Huonce said Thursday that it has launched Dexcom G7, a continuous real-time glucose monitoring system.According to the company, Dexcom G7 is a medical device diabetic patients use to manage blood glucose. It is 60 percent smaller than previous models because the sensor and transmitter are integrated
In a significant move towards advancing digital healthcare, Kakao Healthcare, led by CEO Hwang Hee, unveiled its first service, "PASTA," an AI-based mobile blood glucose management application, on Thursday in Korea.The service was officially announced during a press conference held at Kakao Pangyo A
Phantomics said Tuesday that the company has received a medical device marketing authorization from the Thai Food and Drug Administration (TFDA) for its non-invasive cardiomyopathy diagnostic solution, Myomics.Myomics, launched by Phanthomics in 2020, is a service that non-invasively extracts dozens
JLK, a Kosdaq-listed medical AI company, said Wednesday that it had been granted a U.S. patent for its device and method for providing brain lesion information.The patent is a technology patent for a method that can accurately learn and analyze brain lesion areas in three-dimensional magnetic resona