South Korean telecommunication giant KT Corporation has partnered with health tech company HurayPositive to develop and launch a telemedicine service for managing chronic diseases in Vietnam.
According to a press statement, the telemedicine platform is targeted to be launched within the year and will start by offering virtual services for diabetic patients before gradually offering support for...
Lunit gets first go-ahead for South Korea IPO
AI startup Lunit has received preliminary approval from the Korea Exchange for its initial public offering on the KOSDAQ.
This comes five months after it raised $61 million in a fundraising event that was held to seek global partners.
In a recent statement, Lunit said it plans to file its registration statement within the first half of 2022 to...
The Korea Institute of Machinery and Materials under South Korea's Ministry of Science and ICT has created a smart robot for infectious disease prevention that estimates virus spread in indoor spaces using artificial intelligence.
WHAT IT DOES
According to a media release, the AI robot is able to map out its own disinfection path in real-time. Through a probability mapping algorithm, it estimates...
South Korean AI startup Lunit has signed a reference site agreement with Baheya Foundation for Detection & Treatment of Breast Cancer, which will adopt its mammography AI.
WHY IT MATTERS
The non-profit charity provides free-of-charge care for breast cancer patients from early detection through all treatment stages, including surgeries, chemotherapy, radiation, and physical therapy. The...
KT Corporation, one of South Korea's biggest telecommunications firms, has signed a memorandum of understanding with the Catholic Medical Center of the Catholic University of Korea to jointly develop digital treatment devices.
WHAT IT'S ABOUT
Under the agreement, the companies will jointly cooperate to develop a platform to create digital therapeutics (DTx) devices and build prototypes. They will...
AI radiology firm Synapsica expands PACS offering to more Indian cities
AI radiology reporting company Synapsica has partnered with GenWorks Health, a healthcare solutions provider backed by Wipro GE Healthcare, to bring its picture archiving and communication system (PACS) to more cities across India.
Its Radiolens radiology workflow solution automatically detects bad quality scans and creates...
South Korean AI drug discovery firm Standigm has signed a memorandum of understanding with non-profit research institute Institut Pasteur Korea to collaborate in discovering new anti-tubercular drug candidates.
WHAT IT'S ABOUT
This latest partnership is building on the companies' previous research collaboration where they were able to identify "effective" hit compounds with several key scaffolds...
AI startup Lunit has raised $61 million in a fundraiser ahead of its initial public offering at the Korean Securities Dealers Automated Quotations early next year.
The round was participated by US investors HealthQuest Capital, Casdin Capital, and American Cancer Society BrightEdge, as well as Asian investors Tybourne Capital Management and NSG Ventures.
The investing event followed its Series C...
Indian wellness startup K&L Wellness Technology scores $4M in seed funding
K&L Wellness Technology, a health technology startup in India, has bagged Rs 30 crore ($4 million) from angel investors to launch its wellness app.
According to a news report, the company seeks to redefine wellness through science-based personalised solutions.
K&L Wellness, also known as RESET Tech, provides...
South Korean startup Lunit has signed a reference site agreement with RadLink, a Singapore-based private diagnostic and molecular imaging service provider under the Fullerton Health Group.
WHAT IT'S ABOUT
Lunit's AI software for chest x-ray and mammography – Lunit INSIGHT CXR and Lunit INSIGHT MMG – are being introduced at RadLink. Both AI-powered products detect lesions on radiographs that may...