Top Korean startups in Biotech to watch out for in 2021
When it comes to newcomers, startups in the biotech industry usually drive in the numbers. South Korea isn’t an exception to this trait as technological and knowledge advancements fuel new treatment and pathogen analysis forms. Biotech companies use life forms to solve problems through technology promoting health & wellness.
The two main branches of the industry are pharmaceuticals, which develop a new medication that leads to better health, and therapeutics, which analyze drug use and administration in terms of treatment. Koreatechdesk.com has compiled a list of promising Korean startups leading treatment, medicine, and therapy in 2021.
1. Sky Labs:
Sky Labs is a preventative healthcare company aiming to transform conventional hospital-centric care into patient-centric care with continuous monitoring of its daily life. The startup is best known for CART, a ring-type Cardio Tracker that helps monitor atrial fibrillation (AF), which is an irregular heart rhythm that led to symptoms that negatively affect the quality of life. AF itself is not life-threatening. However, if left untreated, the side-effects of AF can be life-threatening, leading to stroke or heart failure. CART detects AF using photoplethysmography (PPG) signals, providing 99.6% accurate detecting AF, real-time monitoring, and AF analysis. It also allows you’re doctor to access the data remotely and make recommendations.
CART gained worldwide attention in 2019 and 2020, winning the ESC technology competition in both years, the young investigator award 2019 in the heart rhythm scientific sessions, and the young investigator award 2018 from the Korean society of cardiology. Their focus for 2021 is to expand to the European and US markets through seeking sales licenses for CART I.
Noom is a health and wellness startup using mobile technology to help people to lead better lives. The behavior change company combines mobile technology, AI, and psychology with 1000 personal coaches’ empathy. Noom helps people live healthier lives by recommending eating plans designed by registered dietitians, giving users access to healthy food recipes, workout plans, and exercise articles.
Through the app, users can record their meals, get workout plans, and track their exercise progress. If you need support or motivation with your dieting program, you can quickly consult your assigned coach through the platform. The platform also has behavior change courses for diabetes prevention, which was the first of its kind to be recognized by the CDC.
3. Rokit healthcare
ROKIT Healthcare is a 4D Bioprinting and Biotechnology company that develops safe and effective organ regeneration using proprietary bio-fabrication technologies. With the aid of computer motions, 4D bioprinting can precisely create living cells and biomaterials layer by layer generating structures that mimic human tissues and organs. Rokit developed Dr. INVIVO 4D2 as…