Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, announced on Tuesday that its 3D Breast Tomosynthesis (DBT) AI solution, Lunit INSIGHT DBT, has received U.S. FDA 510(k) clearance.This approval signifies a major step forward in the fight against breast cancer, enabl
VUNO, a medical artificial intelligence company, reported consolidated sales of 3.6 billion won ($2.7 million) in the third quarter, jumping 330 percent year-on-year from 840 million won ($636 thousand) a year earlier. The figure is a 20 percent increase from 3 billion won ($2.3 million) in the prev
Bayer, a prominent player in the pharmaceutical industry, is establishing itself as a trailblazer in radiology, as shown by its commitment and strategic moves aimed at driving innovation in medical imaging.With a robust performance, generating close to 2 billion euros ($2.1 billion) in sales from ra
Despite a surge in sales of non-Covid-19 products, Seegene, which saw sales spike over a trillion won during the Covid-19 pandemic, continued to report an operating loss in the third quarter of this year.According to a public filing by the company last Friday, Seegene posted sales of 91.8 billion wo
SCL (Seoul Clinical Laboratories), a clinical diagnostic laboratory, participated in the RED (Roche Experience Days) 2023 symposium organized by Roche Diagnostics Korea.RED 2023, held at the Grand Hyatt Seoul on Wednesday and Thursday, is a knowledge-sharing and networking platform that Roche Diagno
Curiox Biosystems announced Friday that it participated in a workshop co-organized by the National Institute of Standards and Technology (NIST) and the U.S. Food and Drug Administration (FDA) at the University of Maryland's Institute for Biosciences and Biotechnology Research (IBBR), presenting the
Lunit, a provider of AI-powered solutions for cancer diagnostics and therapeutics, announced its collaboration with CancerX as Lunit’s first project on Friday. As a founding member of CancerX, Lunit will enhance equity and alleviate the financial burden of cancer care with its AI-powered solutions.C
Lunit said it will supply its AI-powered chest screening solution, Lunit INSIGHT CXR, to a military hospital and public health center in the Philippines.The company will install its solution at Victoriano Luna Medical Center, a military hospital in Manila, and at a local public health center in Gene
Major regulatory improvement tasks pushed by the Ministry of Food and Drug Safety (MFDS), such as simplifying clinical approval of artificial intelligence (AI)-based diagnostic software, are being deliberated by the National Assembly, drawing the industry’s attention.Following the selection of the T
VUNO, a medical artificial intelligence (AI) company, announced Wednesday that it will present results of its AI-based ECG analysis software at the American Heart Association 2023 (AHA 2023), which will be held from Saturday this week to Monday next week in Philadelphia, PA, the U.S.At AHA 2023, VUN
Neurophet said Tuesday it has successfully secured 20 billion won ($15.3 million) in Series C investment in recognition of its brain image analysis technology and future growth potential.A total of 10 domestic institutional investors, including KB Securities, participated in this Series C investment
Olympus Korea said it has launched its latest laparoscopy system, VISERA ELITE III.The new product combines 3D and 4K imaging, offering various features to enhance minimally invasive procedures like laparoscopic colectomy and laparoscopic cholecystectomy. It finds application in multiple medical spe
Curiox Biosystems, a Korean cell analysis process automation platform company, announced Thursday that it has signed a contract with Hunan Deshengyuan Biotechnology, a Chinese biomedical device distributor, to supply 70 units of its next-generation automated cell washing product, AUTO-CX1000, over t
Illumina said it has unveiled an infographic titled "The Evolution of Illumina and Genomics" to celebrate its 25th anniversary. This infographic highlights the company's significant achievements and contributions to the field of genomics.Since its inception in 1998, Illumina has provided insights in
JVM said Thursday that its cumulative sales in the first three quarters increased 10.3 percent year-on-year to 113.2 billion won ($83.5 million), expecting annual sales to surpass 150 billion won.JVM, an automated medication dispensing and packaging company, is a subsidiary of Hanmi Science, the hol
Lunit said it has signed a research collaboration agreement with the University of Texas MD Anderson Cancer Center to analyze the use of MSD’s immunotherapy Keytruda (pembrolizumab) in multiple cancer types.Under the accord, Lunit and MD Anderson will use Lunit SCOPE IO, Lunit’s proprietary AI solut
Coreline Soft, a Korean medical artificial intelligence (AI) company listed on Kosdaq, said on Thursday that it signed a supply agreement with Meridian Healthcare LLC (MHC), a healthcare services firm based in Dubai, the UAE, for its AI solution AVIEW.Coreline Soft will supply nine AVIEW products to
Lunit said it has become the first Korean company to participate in the Saudi Vision 2030 Healthcare Sandbox.The Healthcare Sandbox, initiated by the Saudi Arabian Ministry of Health in line with the Saudi Vision 2030 strategy, is designed to facilitate the digital transformation of the country's he
EDGC (Eone Diagnomics Genome Center) said has successfully completed its acquisition of GDXLab, a CLIA (Clinical Laboratory Improvement Amendments) certified lab located in the southern part of Denver, Colorado.The company believes that the acquisition is set to amplify EDGC's drive into the North A
Kakao Healthcare said it has entered into a business partnership with C&R Research, the country's first contract research organization (CRO), to conduct global clinical trials jointly.The partnership will combine the medical big data platform and artificial intelligence technologies of Kakao Healthc