S.Korea’s medical tourism thrives on weak currency
Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value agai...
LG Chem’s medical skincare business sale draws tepid bid
South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...
Macquarie to sell Seoul hotel to KB Asset for $119 million
Macquarie Asset Management is poised to sell a four-star hotel in Seoul for about 170 billion won ($118.7 million) to South Korea’s KB Asset M...
Middle East: New land of opportunity for Korean medical devices
South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...
Partners Investment, GordonMD eye $150 mn biotech fund launch
South Korean venture capital firm Partners Investment said on Thursday it will raise up to 215.5 billion won ($150 million) in a biotech fund jointl...
Koh Young gets OK from FDA for brain surgery robot
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...
South Korea mulls visa waiver for Chinese group tourists
South Korea is considering temporary visa exemptions for Chinese group tourists to boost the domestic tourism sector, after being spooked by the bot...
KB Kookmin Card, UnionPay to cooperate on marketing
South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate on marketing. ...
Korea’s Lunit in AI-powered lung cancer diagnostics deal with AstraZeneca
Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...
PharmaResearch hosts 5th global symposium on 'Rejuran'
PharmaResearch Co. announced that it successfully held the 5th PharmaResearch Global Symposium (PGS) at the Lakai Sandpine Resort on Oct. ...
CHA Healthcare incorporates Singapore's SMG as subsidiary
South Korea's CHA Healthcare Co., CHA Biotech's overseas medical business affiliate incorporated Singapore's SMG as a subsidiary. CHA Healthcare an...
LG Uplus to support smart city transformation in Hwasun
South Korea’s LG Uplus Corp. announced on Wednesday that it will support the smart city transformation of Hwasun-gun in South Jeolla Province,...
Dreamtech builds electronics, medical device factory in India
South Korean electronics components maker Dreamtech said on Monday that it built a new factory in India's Greater Noida.The company invested 85.1 bi...
Spear Korea to acquire AI medical firm Life Semantics
South Korea's aerospace materials company Spear Korea will acquire artificial intelligence (AI) medical firm Life Semantics Co. Life Semantics ...
Samsung Elec invests in US bio startup Element Biosciences
Samsung Electronics Co., the world’s top memory chipmaker, said on Friday it has invested in US biotech startup Element Biosciences Inc. to ex...
PharmaResearch acquires TuringBio for digital therapeutics
PharmaResearch Co., a South Korean company specializing in regenerative medicine, announced on Wednesday that it acquired TuringBio, an AI-based dig...
KTO holds Visit Korea Alliance exhibition for foreigners
The Korea Tourism Organization (KTO) announced on Monday that it will hold a VK Alliance Products and Services Special Exhibition for foreigners thr...
Daewoong, Indonesia's IPB to co-research on primate
South Korea's Daewoong Pharmaceutical Co. announced on Thursday that it signed a contract with Indonesia's Bogor Agricultural University (Institut P...
Noul, CDC to start Malaria diagnosis project in Kenya
South Korea's Noul Co., an in-vitro diagnostics maker and artificial intelligence (AI)-based blood and cancer diagnostic platforms company, said o...
Shinhan Card, Canada's Alberta to co-work for tourism
South Korea's Shinhan Card Co. announced on Wednesday that it signed a strategic business agreement with the provincial government of Alberta, C...
Ottogi, KTO partner to attract foreign tourists
The Korea Tourism Organization (KTO) announced on Monday that it signed a memorandum of understanding with domestic food company Ottogi to attract f...
MedInTech attracts $14.6 mn series B investment
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...
Korea’s Koh Young to launch brain surgery robot in US in 2025
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, aims to launch a brain surge...
Samsung Medison buys AI medical startup Sonio
South Korea’s Samsung Medison, a medical equipment subsidiary of the global memory chipmaker Samsung Electronics Co., is taking over France&rs...
Korean retailers, hotels enjoy tourist boom in May holidays
South Korean retailers and hotels are enjoying a boom thanks to an expected surge in tourists at home and abroad as more than 180,000 foreigners are...
JLK to supply medical AI solutions in Indonesia
South Korea’s JLK Inc., an AI-based stroke care platform maker, announced on Tuesday that it signed a business agreement with medical consulti...
NGeneBio to transfer NGS tech to UAE company
South Korean medical diagnostic company NGeneBio Co. announced on Tuesday that it signed a contract with the United Arab Emirates (UAE)-based medica...
Vuno, Canon to target AI diagnostic market in Japan
South Korea's medical device startup Vuno announced on Monday that its Japanese partner M3AI signed a memorandum of understanding (MOU) with Canon M...
Korea’s booming medical tourism: Skin care, plastic surgery in demand
The number of foreign patients visiting South Korea for medical tourism hit a record high last year, driven by those who traveled to Korea for skin ...
LG Elec, Microsoft, GE to collaborate for smart hospital
LG Electronics Inc. announced on Thursday that it signed a memorandum of understanding (MOU) with GE Healthcare Korea and Microsoft (MS) Korea to co...
