A Korean digital health company launches its chest-worn ambulatory remote patient monitoring (aRPM) technology to target international markets. The device enables continuous health tracking outside traditional clinical settings, supporting remote patient care. The company now focuses on scaling its solution beyond South Korea to attract global healthcare providers and patients.
Seers, once the leading provider of wearable ECG devices in South Korea, is facing declining market share as competitors advance. Huinno now leads in tertiary general hospitals, while Mezoo has doubled its revenue through a partnership with Dong-A ST. Analysts attribute Seers' struggles to its low-margin expansion strategy, which competitors counter with aggressive marketing efforts.
Dong-A ST expands its reach in the Asia-Pacific region by supplying **HiCardi**, a wearable patient monitoring device. The platform targets healthcare providers across six markets in the region. The move strengthens the company’s position in digital health solutions.
Mint Venture Partners, a bio-healthcare venture studio led by chairman Song Jae-hoon, secures three IPOs on South Korea’s KOSDAQ exchange from its first fund. The portfolio includes OrganoSciences, a biotech firm, AimedBio, an antibody-drug conjugate developer, and a wearable ECG monitoring company. These listings mark the studio’s first successful fund returns in five years.
