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Korean biotech firms are seen as undervalued by big investment firms

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10-Apr-17 Korean biotech companies are drawing much interest and investment from well-known foreign investors including Bain Capital, Goldman Sachs and the state-run Chinese company Tsinghua Tongfang Group. Korea biotech firms, according to one investor "are second to none, in terms of technology but their values have been underestimated due to the small size of the domestic market.” [image: Business Korea]

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Korean medical institutions continue their global expansion

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06-Apr-17 Korea's medical institutions expanded their businesses into 20 countries during 2016, according to a report by the Ministry of Health & Welfare. During 2016, Korean medical institutions continued their spread of the medicalss "Korean wave”, entering countries including China, the USA, Vietnam, Kazakhstan, and the UAE as well as many others, three more countries than in 2015. [image: Business Korea]

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Korean company SK Holdings C&C begins providing AI medical treatment

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06-Apr-17 Korean company SK Holdings C&C has opened an AI cancer medical centre providing medical treatment through IBM's Watson for Oncology with Kunyang University Hospital. The AI service provided by Watson for oncology allows patients to receive cancer treatments at international standards proven around the world, without leaving their home. [image: Business Korea]

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Korean developer Mobile Doctor aims to record 1.5 mn downloads

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27-Mar-17 Mobile Doctor, the korean developer of a pediatric fever management app plans to achieve a total of 1.5 mn downloads at home and abroad this year, with 500,000 of those downloads being in Korea and 1 mn abroad. The company’s data contain information on 670,000 antipyretic drugs, 220 mn pieces of body temperature information, and 90,000 fever symptoms. [image: Mobile Doctor]

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Olympus Korea offers integration of surgical systems at hospitals

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21-Mar-17 Olympus has launched a surgical system integration solution Endoalpha, designed to improve work efficiency of endoscopy units and operating rooms inside hospitals in South Korea. Endoalpha allows doctors and medical staff to control the main endoscopic device and supporting medical equipment such as the surgical lights and bed, on a single touch panel. [image: Olympus Korea]

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