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Samsung Medison launches compact ultrasound system

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18-Apr-17 Samsung Medison is going to pursue a quantitative growth by focusing on the low-end market using “HS40.” Samsung Medison CEO Jun Dong-soo said “The HS40, has kept multiple functions and improved usability for effective diagnosis." [image: Business Korea]

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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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Japan plans computer network to share medical records

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08-Apr-17 Japan's health ministry plans to build a computer network that will let every medical institution share the medical records of all their patients. The network should be in place by 2020, using an existing ID system for social security. [image: Reuters]

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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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