24-Nov-16 Korean biotech and healthcare companies are expanding their business in Japan. Macrogen recently established in Kyoto to provide a genome analysis service. Medipost set up a JV in Japan to release its stem cell therapy product Cartistem. MediTox is supplying anti-aging products in the Japanese market and Tego Science exhibited its anti-wrinkle cell therapy product TPX-105 at Bio Japan. [image: Business Korea]

15-Nov-16 The Gwangju Institute of Science & Technology in Korea has developed a contact lens for glaucoma treatment that improves drug delivery efficiency by adding vitamin to soft contact lenses. Fat-soluble vitamin A and vitamin E lump with each other in the inside of a contact lens and form a concrete surface which absorbs and maintains more glaucoma medication. [image: Business Korea]

02-Nov-16 Korean researchers have developed technology that can remove cancer without surgery. The team developed the world's first ultrasound dynamic treatment technology that can treat tumors without surgery using a smart nano robot remotely controlled by ultrasound. "This study will overcome the limitations of current tumor treatment and contribute to lowering cancer mortality," said Park Jae-hyung, professor at Sungkyunkwan University. [image: Business Korea]

01-Nov-16 The Korean government has spearheaded telemedicine since 2014, an initiative that faced resistance from opposition parties and medical circles, who worry about a lack of effectiveness and safety, and patients potentially flocking to larger institutions, leading to the demise of smaller clinics. Only 150 of 680 eligible senior nursing facilities have applied for the pilot project. [image: KobizMedia / Korea Bizwire]

30-Sep-16 The Kim Young-ran Act, which came into force on 28-Sep-16, bans receiving gifts worth more than a certain amount, and complying with unfair requests. The law is also expected to change 'rebate culture,' which harms fair competition in Korea's pharmaceutical industry. For a long time, the culture was pervasive. [image: Business Korea]