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
VUNO said VUNO Med-DeepCARS, designed to predict cardiac arrest, has achieved a record-breaking number of new contracts and an increase in bed allocations on a monthly basis since its introduction to the market.Throughout January, VUNO has successfully forged agreements with more than 10 healthcare
Medical artificial intelligence (AI) is bringing new possibilities to diagnosing and predicting myopia, or nearsightedness.Some studies have shown that it can rival ophthalmologists in diagnosis, with some experts emphasizing the need for more aggressive and diverse attempts to deal with severe myop
Lunit, a medical AI company, said it has recorded its first sales in the U.S., just two months after obtaining approval from the U.S. FDA for Lunit INSIGHT DBT, its 3D breast cancer detection artificial intelligence (AI) solution, in November 2023.The company stressed that this achievement marks a s
Theragen Health, a subsidiary of Lotte Healthcare, said it has recently opened a new microbiome lab in Pankyo in Seongnam, Gyeonggi Province, significantly expanding its capabilities in the field of microbial analysis.The laboratory is equipped to handle up to 100,000 DNA samples annually.The microb
RecensMedical, a medical device developer, said Thursday that it had signed a business agreement with LG Chem to market TargetCool, a rapid cooling medical device, in China.The agreement is a further expansion of the previous accord signed in 2022, further strengthening their collaboration to expand
Mediwhale, an AI-based diagnostic solution provider, will provide Reti-CVD for Severance Hospital.Reti-CVD, nicknamed “Dr. Eye,” is an AI medical device that predicts cardiovascular disease with the same accuracy as cardiac computed tomography (CT) through retinal imaging."We are continuing to expan
Seegene announced a strategic collaboration with Microsoft to advance molecular diagnostics solutions to better diagnose and treat diseases.Under the accord, Seegene and Microsoft's Global Healthcare Team will jointly participate in annual symposiums for technology-sharing, connect with current and