20-May-15 Korean medical equipment makers have been increasing their exports, though growth has slowed due to exchange rates. Samsung Medison sold USD260 million in 2014, 14% growth over 2013; Vatech, a dental imaging player, raised its global market share to 10%, ranking fifth; and dental implant maker Ostem is now the largest implant manufacturer in China. [image: Business Korea]
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29-Apr-15 Singapore-Stanford Biodesign (SSB) and Dongguk University (DU) have inked a three-year "SSB-Korea Innovation Partnership" (SKIP) which will develop talent in medical technologies innovation. It also aims to gain insights into the medtech ecosystems in Singapore, Korea as well as the region. [image: The Straits Times]
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24-Mar-15 25 Korean medical institutions entered 19 countries in 2014, up from 58 and 11 respectively in 2010. China accounted for 42 out of 125 cases, the United States 35, Southeast Asia 18, Mongolia 12 and the Middle East 5. Areas of investment into China included skincare, cosmetic surgery, medical checkups, stem cell joint therapy, ob/gyn and dentistry. [image: Business Korea]
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16-Mar-15 Korea's Advanced Institute of Science & Technology (KAIST) has built a platform called "Dr M" that analyzes vital signs collected from smart sensors and sends data to healthcare providers. KAIST plans to test the service with wrist-worn terminals on 100 students, and then to work on projects with hospitals, silver towns, mobile carriers and device makers. [image: Business Korea]
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05-Mar-15 Thanks to the Korean President’s recent trip to the Middle East, four Korean pharma companies signed MOUs with Saudi firm Sudair Pharmaceutical, in deals worth about $182 million. Yonsei University Severance Hospital and Korea’s Green Cross Laboratories also signed deals with Saudi hospital operators. Korea has become one of the most popular medical tourism destinations for Middle Eastern countries. [image: Business Korea]
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