Tag: government

Health Ministry to build “fast track” for commercialization of AI digital medical devices

The government launches a "fast track" for AI medical devices to ease market entry and enhance clinical adoption, with $300M allocated.

How the Ongoing Middle East Conflict is Impacting South Korea’s Medical Supply Chain

The Ministry of Health and Welfare discussed pharmaceutical supply stability amid Middle East conflict, ensuring proactive monitoring and response.

Facing Doctor Shortages, South Korea Mandates 10-Year Service for Selected Medical Students

South Korea plans a Local Physician System to tackle healthcare disparities, offering support for students who serve in underserved areas.

Auto-Pay EV Charging by Simply Plugging In… Push to Introduce PnC

Hyundai Motor Group plans to enhance convenience for EV users by expanding its Plug & Charge network for automatic payment and authentication.

Top 5 Innovations at KIMES 2026: Why Global Buyers Are Flocking to South Korea’s Healthcare Expo

KIMES 2026 in Seoul showcased a surge in international interest for Korean medical devices, highlighting AI and digital healthcare advancements.

Unlocking the Future of Healthcare: How Adaptive Clinical Trials Can Transform Regenerative Medicine in Asia

The article discusses South Korea's efforts to ease regulations on regenerative medicine to improve patient access while addressing significant challenges.

Chinese & Indian Medical Invasion: Pharmaceutic Dependency on Risk of Essential Medicine Supply

Concerns rise over South Korea's API industry reliance on China and India, with self-sufficiency at a record low of 25.6% in 2023.

Naver, LG, SK Telecom Among Finalists in National Bid to Build Korea’s Own AI

South Korea selects five teams, including Naver and LG, for a national AI model project aiming to rival global leaders like OpenAI.

UK Pours Billions Into Health Tech to Become a Life Sciences Superpower

The UK government aims to lead Europe's life sciences by 2030, investing heavily in health data and regulatory reforms to boost growth.

Too Good to Be True? Cheap YouTube Subscriptions Now a Big Problem

Seoul warns against YouTube account-sharing scams following a rise in consumer complaints and account suspensions due to policy violations.

White House Eyes More Bitcoin—but No New Taxes, Says Crypto Czar

David Sacks suggests the U.S. may buy more Bitcoin, funding it through budget-neutral methods, avoiding new taxes or debt.

Britain’s First Flying Taxi Takes to the Skies in Historic Test Flight

The UK sees a breakthrough in urban air mobility with Vertical Aerospace's electric air taxi completing its first flight, promising to ease congestion.