South Korea

'Pasta' mobile diabetes management app by Kakao Healthcare
By  Adam Ang 12:31 am February 2, 2024
Kakao Healthcare has unveiled its latest AI-driven mobile diabetes management app.  Called PASTA (Personalised, Accessible, Supportive, Tech-enabled, and Affordable), the app currently links to two CGM devices: CareSens Air by local manufacturer i-SENS and Dexcom's G7. The app will also pair with the Mallya smart cap for insulin pens by the second quarter.  Once the CGM device is linked, the app...
A woman holding a smartphone staring out the window
By  Adam Ang 10:25 am January 22, 2024
A government-funded initiative to seamlessly connect hospitals, government, insurers, and medical device manufacturers in the whole care process based on digital therapeutics and big data has commenced at Yonsei University Health System.  Yonsei's Severance Hospital recently started prescribing the insomnia DTx Somzz through the integrated platform called Connect-DTx. HOW IT WORKS Connect-DTx can...
Radiologists checking an X-ray analysis from Lunit INSIGHT CXR
By  Adam Ang 02:38 am January 19, 2024
Samsung to integrate Lunit's AI in premium X-ray devices South Korean medical AI provider Lunit has signed a three-year supply contract with Samsung Electronics.  The deal is for the integration of Lunit's two chest X-ray AI solutions – Lunit INSIGHT CXR and Lunit INSIGHT CXR Triage – into Samsung's line of premium X-ray devices.  According to a press release, the AI-integrated X-ray devices will...
A person wearing a CGM patch is checking their blood glucose level on a mobile app
By  Adam Ang 01:53 am January 13, 2024
New player in digital diabetes management  Diabetes app Smit.fit from India and Qatar-based digital therapeutics (DTx) company Droobi Health have announced their merger.  The combined entity called DroobiSmit, headquartered in Singapore, aims to be a leading diabetes solution provider in the Middle East and South Asia regions. It will offer personalised solutions for people with pre-diabetes,...
Medications tracking feature now live on Samsung Health app
By  Adam Ang 10:48 pm December 28, 2023
Meds tracking live on Samsung Health  Samsung Electronics has started rolling out a new Medications tracking feature on the Samsung Health app to help users manage their medications and improve adherence. The feature helps users keep track of their prescription and over-the-counter medications. It also provides users detailed information about their medications, including potential side effects...
Business people closing a deal after a meeting
By  Adam Ang 12:48 pm December 22, 2023
Indian AI drug discovery firm gets $1M to focus on rare diseases Peptris Technologies from Bangalore, India has received $1 million in pre-seed funding in a round led by Speciale Invest. In a statement, the AI-driven drug discovery company said it will use its fresh funds to expand its research scope to cover rare diseases, adding to its existing work in cancer and inflammation.  Cipla raises...
Neurophet logo
By  Adam Ang 01:49 am November 17, 2023
Neurophet scores $15M in Series C funding, announces 2024 IPO South Korean company Neurophet, a provider of brain image analysis software, has raised 20 billion won ($15 million) in a Series C funding round participated by institutional investors, such as KB Securities, Mirae Asset Securities, and IBK Industrial Bank of Korea. This brings its total investments since its founding in 2016 to 50...
An analysis report generated by the Lunit INSIGHT DBT
By  Adam Ang 01:46 am November 16, 2023
Shareholders of KOSDAQ-listed Lunit have recently participated in the company's recent capital raise, paying-in $150 million to fund its development of "next-generation" products and further expansion in the West.  Meanwhile, the AI cancer diagnostics solutions provider obtained its third 510(k) clearance from the United States Food and Drug Administration. WHAT IT'S FOR In a company disclosure,...
Medical students wearing Jolly Good VR headset
By  Adam Ang 11:45 pm November 9, 2023
Jolly Good announces new palliative care VR training module Jolly Good in the United States, in partnership with Harvard-affiliated Brigham and Women’s Hospital, has developed a new VR training module in palliative care communication.  They came up with the VR module to help medical professionals acquire the necessary communication skills to provide care to terminally ill patients and their...
Sky Labs' CART BP ring-type blood pressure monitor
By  Adam Ang 12:22 am October 17, 2023
South Korean health tech startup Sky Labs has raised 20.7 billion won ($15.3 million) in a Series C funding round led by the government-run Korea Development Bank.  K2 Investment Partners, Devsisters Ventures, SJG Partners, and OpenWater Investment also joined the investing round.  This brings its total investment to 54.8 billion won ($40.5 million). It last raised $20 million in a Series B round...