GANGWON-DO < invest Korea

According to Yonhap News,

The city of Wonju, Gangwon Province ramps up the pace to turn the city into what’s called “K-Quarantine”. The city government announced the signing of an MOU with six private-public bodies for the roadmap to form an ecosystem of K-Quarantine model on Aug 13, at the presence of Mando, CU Medical System, Philosys healthcare, Yonsei Wonju Severance Christian Hospital and Wonju Medical Industry Techno Valley.

Mando, the largest auto parts maker in Korea, has been gearing up for market expansion into medical device manufacturing. They’re now planning to supply a home use medical devices, targeting patients diagnosed with sleep apnoea, going through the Ministry of Food and Drug Administration (MFDS)’s screening and approval process to get their prototype authorized for sale.

A defibrillator producer CU Medical System is also planning to extend their business into emergency portable respirator production. Philosys healthcare, which has been making COVID-19 test kits, is pushing on research work, forming an R&D center in Wonju city to study healthcare data analytics via mobile apps.

Yonsei Wonju Severance Christian Hospital agreed to use and give feedback on products and services supplied by these three partners for clinical tests. Wonju Medical Industry Techno Valley will take the role of administrative support to get the technologies and services commercially authorized.

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Source: Yonhap News (Aug 11, 2020)