Korean Government Initiates Tariff Support for MedTech Companies
The South Korean Ministry of Health and Welfare, along with the Korea Health Industry Development Institute, has established a tariff support center aimed at assisting medical device companies in overcoming recent trade challenges.
Launched on April 25, the Biohealth Industry Tariff Support Center is designed to help companies, including those developing medical AI, manage the effects of new tariff measures imposed by the United States, their largest market. The center also aims to enhance long-term trade risk management capabilities.
Jung Eunyoung, the MOHW director-general for Health Industry Policy, stated, “With the ongoing uncertainty surrounding U.S. trade policy, Korean pharmaceutical, medical device, and cosmetics exporters are facing increased anxiety. Through this support center, we will engage with companies directly and coordinate a comprehensive government response to mitigate damages.”
Qure.ai Partners with Johnson & Johnson MedTech for Lung Cancer Screening in India
Johnson & Johnson MedTech has collaborated with Qure.ai to implement AI-driven lung cancer screening clinics in hospitals across India.
This partnership will enable diagnostic hubs to utilize AI technology for the detection of incidental pulmonary nodules, with plans to deploy Qure.ai’s technology across 30 locations.
Anuj Virmani, managing director of Johnson & Johnson MedTech India, remarked, “In India, access to advanced healthcare facilities is often limited, particularly in tier-2 and tier-3 cities, leading to significant challenges in timely diagnosis and treatment.”
Mount Elizabeth Hospital Enhances Patient Experience with AI Technology
Mount Elizabeth Hospital, a private healthcare facility in Singapore, has launched a new patient web application powered by AI.
This application allows inpatients to request in-room amenities and incorporates augmented reality to assist users in navigating the app.
Additionally, a separate finder app has been introduced to help visitors and outpatients navigate the hospital more easily. These initiatives are part of ongoing efforts to improve patient experience at the 300-bed hospital, which previously introduced a multi-language television channel.
