South Korea

Photo of different coloured drugs
By  Adam Ang 03:25 am December 1, 2021
South Korean AI drug discovery firm Standigm has signed a memorandum of understanding with non-profit research institute Institut Pasteur Korea to collaborate in discovering new anti-tubercular drug candidates. WHAT IT'S ABOUT This latest partnership is building on the companies' previous research collaboration where they were able to identify "effective" hit compounds with several key scaffolds...
A clinician using the Lunit INSIGHT CXR software
By  Adam Ang 02:15 am November 26, 2021
AI startup Lunit has raised $61 million in a fundraiser ahead of its initial public offering at the Korean Securities Dealers Automated Quotations early next year.  The round was participated by US investors HealthQuest Capital, Casdin Capital, and American Cancer Society BrightEdge, as well as Asian investors Tybourne Capital Management and NSG Ventures. The investing event followed its Series C...
Intellect app
By  Adam Ang 10:42 pm November 18, 2021
Indian wellness startup K&L Wellness Technology scores $4M in seed funding K&L Wellness Technology, a health technology startup in India, has bagged Rs 30 crore ($4 million) from angel investors to launch its wellness app.  According to a news report, the company seeks to redefine wellness through science-based personalised solutions.  K&L Wellness, also known as RESET Tech, provides...
Desktop view of the Lunit INSIGHT CXR
By  Adam Ang 11:08 pm November 8, 2021
South Korean startup Lunit has signed a reference site agreement with RadLink, a Singapore-based private diagnostic and molecular imaging service provider under the Fullerton Health Group. WHAT IT'S ABOUT Lunit's AI software for chest x-ray and mammography – Lunit INSIGHT CXR and Lunit INSIGHT MMG – are being introduced at RadLink. Both AI-powered products detect lesions on radiographs that may...
A person sleeping in bed with a smartphone on the side
By  Adam Ang 03:11 am November 8, 2021
HoneyNaps, a South Korea-based healthcare startup, has unveiled its medical software that uses artificial intelligence to diagnose sleep disorders. WHAT IT DOES Called SOMNUM, the deep learning-based analysis programme enables real-time, multi-channel, large-capacity signal analysis. It automatically provides polysomnography readings that are said to be more accurate than conventional auto-...
A demo view of the Lunit Insight DBT
By  Adam Ang 10:18 pm November 4, 2021
Lunit to demonstrate its latest AI solutions for chest and mammography exams South Korean medical AI startup Lunit is set to unveil its latest AI solutions for digital breast tomosynthesis (DBT) and chest CT by the end of the month at the 107th Scientific Assembly of the Radiological Society of North America. Chest CT and mammography are examinations where doctors detect abnormalities indicative...
Exosystems' digital health solution for patients with musculoskeletal disorders
By  Adam Ang 01:25 am October 29, 2021
South Korean AI digital health firm Exosystems snaps up $4M in Series A funding AI-enabled digital health solutions maker Exosystems has raised $3.9 million in a Series A funding round participated by SBI Investment, Laguna Investment, and Korea Technology Finance Corporation. Based on a press statement, the South Korea-based company will use its fresh funds to expand its clinical and technical...
Photo of NDR's ANT-X system
By  Adam Ang 02:31 am September 28, 2021
CGBIO, a regenerative medicine company in South Korea, and NDR Medical Technology, a Singaporean AI medical device maker, have joined hands to introduce an AI robotic intervention device through upcoming clinical studies. WHAT IT'S ABOUT Founded in 2015, NDR Medical Technology has developed what could be the world's first patented automated needle targeting (ANT) system that facilitates safe and...
A clinician looking at a breast mammography report analysed by Lunit INSIGHT MMG
By  Adam Ang 04:33 am September 6, 2021
AI startup Lunit has received the approval of Singapore's Health Sciences Authority to commercialise its AI diagnostic tools for analysing chest x-ray and breast mammography. WHAT THEY DO Both AI products are under the Lunit INSIGHT product line. According to a press statement, the Lunit INSIGHT CXR and INSIGHT MMG provide lesion detection with around 96-99% accuracy and visualise the location of...
A demonstration of the combined telemedicine solution by EG Electronics and ezCaretech
By  Thiru Gunasegaran 07:41 am August 26, 2021
LG Electronics has teamed up with fellow South Korean company ezCaretech to develop a new telemedicine solution. WHY IT MATTERS The ezOntheCall telemedicine platform combines LG Electronics' video conferencing system with ezCaretech's EMR-based telemedicine application. Enabled by advanced cloud computing technology, the system offers real-time access to medical records and clinical test results...