11-Jan-17 In 2016 only three mHealth apps obtained medical device authorization in Korea - and one of them was the National Health Insurance Service’s. In contrast, the USFDA authorized 36 digital healthcare devices in 2016. Regulations on cloud services and time-consuming approval of innovative devices are also hindering the growth of the Korean smart healthcare industry. [image: Business Korea]

22-Dec-16 British organisations have signed deals worth more than GBP250 mn (USD308 mn) during the largest ever healthcare trade mission to China. 30 UK organisations participated in the largest ever healthcare mission to China. International Hospitals Group and China’s Dalian Wanda signed a 20 year JV to operate the first of Wanda’s hospitals, Qingdao Wanda IHG International Hospital. [image: GOV.UK]

28-Nov-16 Logistics, manufacturing and healthcare sectors are likely to be early adopters of digital transformation strategies in Thailand. "Thailand's economy has experienced dramatic increases in growth over the past three decades, but is seeing no massive, visible growth like during the glory days before," said Yoshikuni Takashige, vice-president for marketing strategy at Fujitsu. [image: Bangkok Post]

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]