Lotte, one of South Korea's biggest conglomerates, is liquidating its digital healthcare business this year.
Late in December, the company decided in a shareholders' meeting to close Lotte Healthcare, which it opened in April 2022 with a 70 billion won ($45 million) investment.
Alongside liquidating Lotte Healthcare, the conglomerate also decided to sell its joint venture, Theragen Health, which...
An AI startup supported by conglomerate SK Group has introduced what could be the first pharmacy-specific platform powered by generative AI in South Korea.
Intended for use by professionals in the pharmaceutical industry, including researchers and pharmacists, the search platform called Cheiron is the flagship AI solution by PhynX Lab, a Silicon Valley-based venture under SK Networks.
HOW IT...
Over the weekend, Samsung teased its latest stretchable display technology for heart rate monitoring devices.
In a press statement, the Korean electronics giant said its researchers at the Samsung Advanced Institute of Technology (SAIT) were able to integrate a stretchable organic LED (OLED) display and a photoplethysmography (PPG) sensor in a single device to measure and display a user's heart...
Noom, a developer of Android health management apps, raised $2.6 million in its first venture round to expand its flagship product, the Noom Weight Loss Coach, into Korea. The round was led by m8 Capital, a UK-based firm that invests exclusively in mobile technologies. Its portfolio includes memory-enhancement app Evernote. Also contributing to Noom's latest round were Qualcomm Ventures, Harbor...
