Samsung Medison to breakthrough in animal medical device market

 18-Mar-16, Business Korea 

Jun Dong-soo, president of Samsung Electronics CE Division’s health and medical equipment business and CEO of Samsung Medison, stressed that he will achieve a rebound in the medical device business this year, wiping out the recent Samsung Medison sell-off rumors.

Image: Business Korea

During the Korea International Medical & Hospital Equipment Show (KIMES) he said “The animal medical device market is small but we see a new possibility. The market will grow as long as the quality of human life is improved.”

Samsung Electronics introduced “PT10V,” an in vitro diagnostics (IVD) device for animals, at the expo, tapping into the market. The PT10V can take up to 13 tests for animals, including dog, cat and horse, at the same time, and check test results in only 10 minutes.

The product was released in August last year, and a total of 270 units was already sold in the domestic market.

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