Lotte Healthcare said on Wednesday that it signed a memorandum of understanding (MOU) with iMediSync, a digital mental health management platform company, to jointly develop healthcare models based on artificial intelligence (AI).Founded in 2012, iMediSync specializes in the measurement of brainwave
Lunit continues to solidify its global footprint with significant strides in financial growth and international partnerships, an analyst’s report said.According to the report by Jun Choi at Macquarie, the results for the second quarter announced last Friday revealed a promising increase in revenue f
Doctors weren't the only ones concerned about the collapse of the pediatric healthcare system, it turned out recently.Parents, who have to wait in line early in the morning, even before hospitals open, to receive pediatric care, have come forward to call for the government to take action.Recently, t
What exacerbates the chronic secondary musculoskeletal pain of rheumatic diseases is old age for men and depression for women, a study showed.Ajou University Hospital said Wednesday that Professor Kim Hyun-ah of its Rheumatology Department and Professor Kim Hee-jun of the George Washington Universit
Researchers at the Korea Advanced Institute of Science and Technology (KAIST) and the Francis Crick Institute of the U.K. have developed an artificial intelligence-based platform that predicts individual subtypes of Parkinson's disease patients.Currently, the treatment of Parkinson's disease has bee
The 2023 Annual Meeting of the International Society for the Advancement of Spine Surgery, Asia-Pacific Section (ISASS AP 2023) opened on Wednesday for a four-day run at Conrad Hotel in Yeouido, Seoul.Korean organizers expressed hope that the conference will help speed up international cooperation t
Korea needs a continuous national response policy that allows people with dementia to maintain a dignified life without being excluded from society, a government-invested agency said Wednesday.The Health Insurance Research Institute of the National Health Insurance Service said so in a report titled
Cellivery has received a “disclaimer” of opinion on the first half-year report from its auditor. The company's shares are suspended from trading, drawing the industry's attention to its delisting from the stock market.In a public notice on Monday, the new drug developer said it had received a “discl
Bundang CHA Hospital and Rutgers University researchers have developed three-dimensional hybrid protein nanoscaffolds, which deliver anti-inflammatory drugs to people with degenerative discs.Chronic low back pain caused by degenerative disc disease has a very complex etiology and requires a multidis
Johnson & Johnson MedTech Korea said Wednesday that it signed an agreement with Yuhan Corp. and Huinno to co-promote MEMO PATCH PLUS, an electrocardiogram (ECG) monitoring medical device. MEMO PATCH PLUS, developed by Huinno, is a device prescribed to continuously monitor a patient's electrocardiogr
The Korean Society for Quality in Health Care (KoSQua) will host the Mint Festival, a public campaign to increase public awareness of the need to improve healthcare quality and patient safety, from Aug. 21 to 27.The event, co-organized by KoSQua and the Korea Hospital Association, will take place at
A group of scientists from the Korea Institute of Science and Technology (KIST) have announced the creation of innovative smart clothing capable of transforming mechanical energy from friction or glucose found in sweat, which is produced during human activity, into usable electrical energy.With the
Celltrion said on Monday that its consolidated revenue for the second quarter of this year was 524 billion won ($393 million won) and operating income was 183 billion won, down 12.1 percent and 10.1 percent year-on-year, respectively. Net profit was down 18 percent to post 151 billion won. Celltrion
Seegene's preliminary earnings results for the second quarter showed a continued deterioration in the company's performance, as the COVID-19 outbreak entered an endemic phase.According to a public filing by Seegene last Friday, the company's sale in the second quarter was 84.9 billion won ($63.7 mil
Life Semantics Corp., a Korean digital health company, said on Monday that it recently introduced its digital health products to Paraguayan government officials.Paraguay not only borders major Latin American countries such as Brazil and Argentina but is also a member of the MERCOSUR, also known as t
An imaging procedure for breast cancer patients developed by medical professionals at Asan Medical Center (AMC) has been listed as a world standard test.It has become possible to diagnose female hormone receptors in breast cancer patients with difficulty in obtaining a biopsy with only a 15-minute i
Over the past five years, the number of people with atopic dermatitis has only slightly increased, but its medical expenses more than doubled.The increased medical cost alone amounts to 100 billion won ($75 million).Health insurance officials attributed the sharp increase to their inclusion of sever
CG Bio, a Korean developer of spinal disorder and wound management solutions, said on Monday its Advanced LumFix Spinal Fixation System (Advanced LumFix), an implant and surgical device for spinal correction, has received 510(k) clearance from the U.S. FDA.With the approval, Advanced LumFix is expec
Investment in bio and medical ventures in the first half of 2023 was less than half of the same period of last year.According to the Ministry of SMEs and Startups, investment in bio and medical ventures totaled 596.1 billion won ($448.1 million) in the first half of this year, down 54.7 percent from
Handok has voluntarily withdrawn its IND (Investigational New Drug) application for a domestic phase 2/3 clinical trial of its biliary tract cancer treatment after failing to meet the Ministry of Food and Drug Safety (MFDS) requirements.The industry’s attention is now on its impact on the global cli