Lotte Healthcare said on Thursday that it established a joint management system for Theragen Health, a company established with Theragen Bio, whereby Lotte Healthcare's Executive General Manager Woo Woong-jo and Theragen Bio CEO Hwang Tae-soon will serve as co-chairmen.Theragen Health, a subsidiary
The digital healthcare scene is also bustling ahead of the super-aged society. As “senior” healthcare and welfare have emerged as a social issue, leading healthcare technology companies based on artificial intelligence, virtual reality, and metaverse are also paying attention to this trend. Some hav
Sejong Medical said it has been suspended from manufacturing its disposable guide needles for three months by the Ministry of Food and Drug Safety after failing to obtain authorization after a change in the device's approval status. The administrative action will be enforced from Thursday to Dec. 27
Philips Korea said on Tuesday that it installed its digital pathology solution at Konyang University Hospital, making the hospital the first university hospital in the central part of Korea equipped with a full digital pathology system.Philips IntelliSite Pathology Solution is a digital pathology im
Novo Nordisk Korea said it showcased its innovative Mallya Smart Sensor technology, a diabetes management solution, at the Korea Digital Future Innovation Exhibition 2023, being held at COEX, Seoul, from Monday to Wednesday this week.The Denmark-based company's new smart sensor promises to revolutio
Siemens Healthineers and GE Healthcare introduced their recent technological advancements at the Korea Congress of Radiology (KCR) 2023, where Attendees had the opportunity to see firsthand the latest offerings from both companies in the realm of medical technology.The convention is open from Wednes
As Korea and Finland celebrated 50 years of diplomatic relations on Thursday, healthcare representatives from both countries highlighted the need to establish stronger ties in the areas of health tech and innovation.Helsinki Partners hosted a Healthtech Seminar in Insadong, Seoul on Thursday where H
Daewoong Pharmaceutical said on Thursday that it signed a four-way agreement with the Korea Medical Institute (KMI), Seers, and Medical AI to supply artificial intelligence (AI)-based electrocardiography (ECG) solutions for public health screening programs. The four companies signed the contract for
Recent advancements in digital health technologies and artificial intelligence (AI) are pushing boundaries in the medical field, but not without concerns.The Ministry of Health and Welfare (MOHW) reported a plan to temporarily apply health insurance benefits to medical AI and digital treatment devic
Prominent Korean AI medical imaging firms, including Lunit, VUNO, Medical IP, and Coreline Soft, unveiled their key products at the 2023 Korea Clinical Radiology (KCR) conference.The conference is held at COEX, Seoul, from Wednesday to Friday.Lunit showcased all of its Ministry of Food and Drug Safe
Kakao Healthcare and i-SENS said they have signed a contract to cooperate in the supply of continuous glucose monitoring (CGM) devices and data linkage-based blood glucose management services.The two companies have been discussing cooperation since July last year and had signed a memorandum of under
Multinational medical device companies are gearing up to showcase their latest breakthroughs and innovations at the much-anticipated Korea Clinical Radiology (KCR) 2023 convention.The convention will be held from Wednesday to Friday at COEX, Seoul.Philips Korea plans to present its new ways to manag
Coreline Soft's shares plummeted on its first trading day on the tech-heavy Kosdaq market on Monday.As of market close Monday, the company's shares stood at 35,000 won ($26.39), down 25.05 percent from its initial public offering price at 46,000 won. According to an analyst, the drop in shares is pr
GE HealthCare Korea showcased its advanced obstetric diagnostic ultrasound technology, including its 3D ultrasound, during the BeFE Baby Fair 2023 held at COEX, Seoul, from Sep. 14 to 17.The event served as a platform to educate visitors about the benefits of 3D ultrasound, which has become essentia
Lunit and U.K.’s Leeds Teaching Hospitals NHS Trust said they have kicked off the "world's first" prospective study of artificial intelligence (AI)-powered breast reading in a symptomatic breast clinic environment, utilizing Lunit INSIGHT MMG.This initiative aims to revolutionize breast cancer detec
Samsung Electronics and AimMed have embarked on an attempt to load a digital therapeutic device (DTx) for insomnia on the wearable device Galaxy Watch.At a workshop organized by the Korean Society of Pharmaceutical Science and Technology last Friday, Jung Kyung-ho, a director at AimMed, said the com
Aiming to provide a holistic and personalized healthcare platform that is easy and enjoyable to encourage daily healthcare management, Lotte Healthcare revealed its business plan, platform features, and security policies of Cazzle, a personalized healthcare platform.Lotte Healthcare held a press con
VUNO, a medical artificial intelligence (AI) company, said on Wednesday that a multi-center clinical research paper demonstrated the clinical efficacy of its AI medical solution, VUNO Med-DeepCARS. This marks the first prospective study to demonstrate the superior predictive performance of VUNO Med-
Coreline Soft, a developer of artificial intelligence (AI) medical imaging software, has signaled a transition to profitability within two years of its expected listing.The company is set to merge with Shinhan No. 7 Pack and the Special Purpose Acquisition Company (SPAC) and will be listed on the KO
Philips Korea said it has launched MR 7700, one of its newest magnetic resonance imaging devices, on Wednesday.The company stressed that the product stands out in the crowded MR diagnostic market with its newly designed XP gradients, offering significant improvements over its predecessors.According