Dementia Treatment System

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For restoring immune system function in the brain using digital X-rays

[INQ. NO. 2402E01] READYCURE Inc. was established in 2021 as a platform company that provides the dementia treatment system ‘HELAXON’ for recovering immune system function within the brain using digital X-rays. Currently, a medical device to treat dementia is being developed based on the results of initial exploratory clinical research on the therapeutic effects of low-dose radiation.

For KIMES 2024, READYCURE was determined to introduce ‘Hellaxon 1X,’ a dementia- treatment system for restoring immune-system function within the brain using digital X-rays.
Unlike the drugs currently used to treat dementia, which are aimed at slowing down the progression of the disease, Hellaxon 1X transforms the phenotype of microglia and astrocytes, the main immune system cells in the brain, and restores cognitive function by restoring their function. There is a big difference in that it is a product for fundamental treatment that improves cognitive function through restoring the functions of the immune system cells.
Hellaxon is a treatment device that emits ultra-low dose radiation, which is 0.8 to 5% of the radiation dose used to treat brain metastatic cancer, through carbon nanotubes, making it easy to control energy, angle, and dose — and thereby allowing customized treatment according to purpose and patient characteristics. Due to the anti-inflammatory effects of low-dose radiation, it has very high versatility, including the treatment of not only dementia but also degenerative arthritis, Parkinson’s disease, and dogs with cognitive decline syndrome. Above all, it has the advantage of having no side-effects as a non-drug treatment and reducing treatment costs per patient by 60-70%.

Through KIMES 2024, READYCURE is hoping to meet directly with experts in various fields of medical devices to obtain feedback on its own products to be manufactured and sold after clinical trials and approval, sign joint partnership agreements, and gain opportunities to raise funds with investors.
 
 
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Broad Range of Advanced Medical Solutions to be on Display at KIMES 2024

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The Korea International Medical & Hospital Equipment Show (KIMES) is Korea’s largest medical equipment and hospital equipment exhibition that has steadily grown, along with the development of the Korean medical industry, since its launch in 1980.
Korea’s medical industry has grown significantly, and has been transformed into a technology-intensive, high-tech industry – with products such as medical information systems, ultrasound scanners, medical imaging equipment, robotic medicine, AI, rehabilitation treatments, etc.
KIMES is contributing to the advancement of the Korean medical industry, and is growing into a world-class medical exhibition. During KIMES 2024, broad spectrums of attractive advanced medical solutions in such areas noted above will be showcased.

The medical industry, in today’s era of convergence, is introducing new technologies and products – such as smart healthcare; robotic medicine; and eco-friendly medical waste facilities; cutting-edge hospital facilities built with beautiful architectural technology; medical information systems combined with IT technology; and the automobile industry for rapid patient transportation – while opening new domestic and global markets.
During KIMES 2024, various related events will be featured – including domestic medical industry policy seminars that will showcase the latest information and the direction of the medical industry; medical technology seminars; new technology seminars; and overseas marketing-related seminars.


 
 
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5 Signature Foods Made for Traditional Korean Holidays

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During traditional holidays in Korea, the whole family gathers together and makes special foods to place on the table for the ancestral memorial ceremony. These foods serve to unite the family unit, with each food having a special meaning such as happiness, longevity, or financial success. To celebrate these holidays like a Korean, try making one of these signature Korean holiday foods and sharing with your family!

Jeon
Jeon is a savory pancake made by coating the ingredient of choice with a light flour batter and then frying it in a pan with some oil. The ingredient used will completely change the taste. A variety of jeon can be seen during Korea’s holiday seasons, but you are almost guaranteed to see kimchi jeon (kimchi pancake), haemul pajeon (seafood and green onion pancake), gogi wanja jeon (pan-fried battered meat balls), kkochi jeon (pancake skewer), and gamja jeon (potato pancake). Outside of the holiday period, if you want to try some delicious jeon, head to a jeon specialty street. Near Hoegi Station on Seoul Subway Line 1, you can find plenty of restaurants selling thick haemul pajeon on Hoegi Station Pajeon Street. For a range of jeon, visit Mapo Jeon Street, located near Gongdeok Station on Seoul Subway Lines 5 & 6.

Japchae
Japchae is yet another dish that is often present during festive days in Korea. Japchae is a compound word of the Korean words “jap” meaning mix, and “chae,” from “chaeso” which means vegetable. In reality, japchae also includes meat, mushrooms, and glass noodles, and is stir-fried with a soy sauce-based marinade. While the ingredients complement each other when mixed together, they must first be chopped and fried separately, requiring a lot of work. While parents prepare the japchae, it is not uncommon to see their children waiting around for a bite of the tasty dish.

Mandu
Mandu are dumplings made of a flour-based shell filled with a range of minced ingredients such as meat, vegetables, or kimchi. In addition to the range of possible fillings, mandu can also be prepared in a few different ways: in a soup, boiled, steamed, or fried. On Seollal (Lunar New Year’s Day), many families add mandu to their bowl of tteokguk (sliced rice cake soup). The ingredients go well together, and mandu was used as a symbol representing the wish for a peaceful new year during memorial services. There are many mandu specialties throughout the country. In Seoul, Jaha Sonmandu makes a hearty mandu soup, while Wonju’s Wonju Kimchi Mandu has famously plump kimchi mandu, and Daegu’s Miseongdang offers flat mandu filled with just glass noodles and chives.

Tteokguk
On the morning of Seollal, Koreans make a wish for the New Year, greet their elders, and eat tteokguk (sliced rice cake soup)! While there are slight variations by region, the standard tteokguk is made by cutting a long rice cake stick into thin slices and then boiling them in a beef broth. Before serving, the soup is topped with egg garnish and seaweed flakes. The white rice cakes and broth represent starting out the New Year with a clean slate, while the long rice cake stick and round slices symbolizes longevity and prosperity, respectively. Koreans will also say “I ate one bowl of tteokguk” to say they got one year older, as Koreans previously counted ages as starting on the first day of the year.

Songpyeon
When talking about Chuseok, songpyeon is the first food that comes to mind. Songpyeon is a type of rice cake made during Korea’s harvest period with the year’s new grain. The rice cakes are placed on the charyesang (ancestral rites table) as a symbol of thanks for the results of the year. Although families in the past would gather and share their well-wishes for each other while making these rice cakes, these days many families buy them pre-made from rice cake shops. The rice cake is made using a dough of freshly harvest rice, and filled with beans, red beans, sesame, chestnuts or other nutritious ingredients and then steamed. The rice cakes get their name and signature scent from being steamed over a bed of pine needles (“song” means pine in Korean).


 
 
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Korea’s Lunit Enters the U.S. Breast-Cancer Diagnosis Market

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[INQ. NO. 2401E18] Lunit Inc., a medical artificial intelligence (AI) startup company, is entering the U.S. market, the world’s largest medical market, by acquiring a global breast-cancer AI platform company. This is the first acquisition of a promising overseas medical AI company since the company was founded, and significant synergy is expected in its flagship medical AI business.
Lunit recently signed a contract to acquire Volpara Health Technologies, a multinational company that supplies AI solutions to about 2,000 medical institutions in the United States, for US$193.07 million (about KRW 252.5 billion), and it thus instantly secured its own sales network in the United States.
Lunit’s CEO remarked, “With the acquisition of Volpara, we will be able to shorten the time to get established in the U.S. market by at least five years,” adding, “We will grow into the industry’s only company with annual sales of KRW100 billion by 2025.”
Volpara, which posted sales of KRW21 billion in 2022 and KRW28 billion last year, has recorded an average annual sales growth-rate of 63% over the past five years. Currently, four out of 10 mammography screening centers in the United States use Volpara’s products.

In particular, the software market, essential for breast-cancer screening, is expected to grow rapidly in the future. The company’s CEO explained, “Basically, in the United States, there are about 40 million mammography images taken officially every year. Based upon this data, we internally estimate the size of the breast-cancer screening software market in the United States to be worth around 1.5 trillion won.”
Lunit predicts that the market-size will grow to around KRW3 trillion within five to six years.


 
 
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Korea’s Drone Companies Achieve KRW 14.4 billion in Exports

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The excellence of K-drone technology is currently being proven on the world stage. The Ministry of Land, Infrastructure and Transport (MOLIT), and the Korea Institute of Aviation Safety Technology (KIAST), recently announced that exports by Korean drone companies in 2023 reached KRW14.4 billion. Major export destinations are advanced drone countries such as the United States, Canada, Japan, the United Kingdom, and France.
Export items include not only aircraft, parts, and software such as drone aircraft for light shows, solar surveillance services, construction site management systems, drone stations and data platforms, and drone soccer equipment — but also drone utilization services. Drone aircraft accounted for the majority at 80%, followed by hardware such as parts (8%), software (1%), and services (11%).

The achievements and significance of Korean companies are attributable to their long years of steady efforts in developing new technologies by taking on the challenges of new industrial fields. MOLIT has been supporting excellent companies through drone technology commercialization support projects, and overseas expansion support projects. In 2023, MOLIT has held four overseas drone road shows with drone companies, and formed a K-drone delegation to help them participate in the world-class U.S. drone exhibition.
A spokesperson for MOLIT explained, “We plan to invite a wide range of overseas guests to the Korea Drone Expo so that overseas exports can further expand next year,” adding, “We will work to ensure that through overseas drone road shows, Korea’s drone products and services can be sold globally, and excellent K-drone products can be exported.”


 
 
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SEMICON Korea 2024, a Competitive Business Platform in the Global Semiconductor Market

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SEMICON Korea, which started with 189 booths in 1987, has solidified its position as a representative exhibition for the semiconductor industry, thanks to the continued growth of Korean semiconductor manufacturing.

SEMICON Korea 2024 is an exhibition in which domestic and foreign semiconductor materials and equipment companies participate, and will be held at COEX in Seoul from January 31 to February 2, 2024.
About 500 companies are scheduled to participate in this year’s exhibition. A total of 2,100 booths will be set up so that visitors can experience new semiconductor manufacturing technologies and services. During the event, about 30 conferences will also be held. The conferences, in which a total of 200 semiconductor experts will participate as speakers, opens with a keynote speech by leaders of the high-tech industry such as SK Hynix, Merck, and Eliyan.

The SEMI Technology Symposium STS will also be held, dividing the semiconductor manufacturing process into six divisions and discussing cutting-edge semiconductor manufacturing technology, as well as the MI Forum, Test Forum, Smart Manufacturing Forum, and Silicon Carbide (SiC) Power Semiconductor Summit. The SiC Power Semiconductor Summit is being held for the first time this year as the importance of low power grows along with the development of advanced applications.

The semiconductor investment briefing session held during the event will be on a scale that is more than twice that of the previous one. The U.S. semiconductor investment briefing session will provide a detailed explanation of the Chips Act and guidance on semiconductor support policies for each state in which four U.S. states (New York, Arizona, Indiana, and Texas) participate.
A SEMI spokesperson explained, “The theme of the event is ‘Innovation Beyond Boundaries,’” adding, “We plan to fulfill our role as a business platform that supports technological innovation and the establishment of new partnerships in response to the situation where the semiconductor industry is being reorganized due to the rapid development of artificial intelligence (AI) technology.”


 
 
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IZON’s Wearable Eye ExerciserRegistered with FDA and MDA(Malaysia)

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[INQ. NO. 2401E17] IZON’s eye exercises wearable device (Personal Scope-EX) is a device that helps to maintain and improve eyesight — by allowing anyone to easily and comprehensively do all kinds of exercises for the eyes. In today’s busy life, the eyes are often neglected or abused due to continuously living with seeing in bright light, close and small devices such as smartphones, tablet PCs, laptop computers, TVs, and so forth. So, the eyes also need to be cared for and managed through exercise, and proper exercises for the eyes can help to improve vision.
IZON’s eye exerciser has been honored with being selected as ‘Winner of Well-Being Brands in Korea Customer Satisfaction Brands’ for eight consecutive years.

IZON’s wearable eye exerciser registered with U.S. FDA and as medical device with MDA Malaysia
IZON’s wearable eye exerciser was registered with the U.S. FDA, and was also registered as a medical device in Malaysia (MDA). In Korea, the eye exerciser has been approved as a medical device for export.
Moreover, the product is being well-received also in many other countries around the world, winning the Grand Award in the International Invention Innovation Competition in Canada, the Gold Medal at the International Exhibition of Inventions held in the USA, as well as in Russia, China, Poland, and Taiwan.

As our eyes are connected to the autonomic nervous system, it is quite difficult to do proper eye exercises except for simple vertical and horizontal eye movements, or massages. However, it is only comprehensive movements that can maximize the effect of eye exercises and keep one’s eyes healthy.
IZON’s Personal Scope-EX is an eye-exercise device featuring an iris-training mechanism with an adjustable brightness function and perspective shift gaze.
Training programs enable users not only to perform massages and simple eye movements, but also to do complex eye exercises with ease — which would otherwise be difficult to do on one’s own. The device also allows users to check changes in their vision after doing exercises for five minutes.

When used daily, it naturally helps any persons who are short-sighted, far-sighted, astigmatic or presbyopic, or suffer from dry eyes and even strabismus(squint) to improve their vision and maintain normal vision, as it enables them to perform all the necessary exercises for their eyes, easily and simply.


 
 
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Metaverse Travel Platform

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[INQ. NO. 2401E16] VREDU Co., Ltd. has carried out a number of smart-related businesses based on AI & big data over the past five years.
Based on these technologies and achievements, VREDU opened the metaverse travel platform service ENJOYSTREET (hereinafter referred to as ‘EJS’) that shares digital and analog sensibility. It is expanding the market pioneering of this excellent product in the Asian region thereby contributing to the revitalization of the local economy.

Introducing the process of making excellent products in Korea and enhancing the manufacturing environment
The difference from existing commerce is that VREDU introduces the process of making excellent products in Korea and enhancing the manufacturing environment (based on the creed that good products are completed because they are made in a good environment). Recognized for this business model, VREDU was recently selected as a travel agency specializing in K-Culture products by the Korea Tourism Organization (KTO).
VREDU introduces domestic and overseas locations to attract inbound/outbound customers, links Hallyu contents with major products in the region, and thus to promote the sales and purchases of its services online/offline. Furthermore, it targets overseas buyers, to promote the advancement of Korean companies globally.

In the process of upgrading customized services through AI + big data-based recommendation/prediction technology and GPS-based optimal route recommendation

EJS provides expert AI + big data-based recommendation/prediction technology and GPS-based optimal route (including distance, video, content, etc.) recommendation, etc., through local creators who are interested in traveling around the world. VREDU is upgrading customized services that encourage people to experience the world online in advance, and then to actually travel offline.
VREDU provides 3D space implementation and 360⁰ video to connect various contents and products, and is currently proposing a ‘Smart Tourism City Project’ for domestic and foreign local governments.


 
 
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Imaging Diagnostic Devices

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[INQ. NO. 2401E15] Bionet Co., Ltd. is a medical device company established in 1999. It has developed extensive expertise in biosignal-based monitoring systems.
Bionet has been developing and manufacturing electrocardiographs, patient monitoring devices, and fetal monitoring devices over the past 24 years. While focusing on the domestic medical market, it has accomplished local production of medical devices and strengthened its competitiveness in the medical device industry.

Bionet is promoting the globalization of K-medical equipment by launching wireless ultrasound and wearable healthcare devices as its next-generation flagship products, which were launched with the intention of targeting the global market.

Medical wireless ultrasound imaging device
Bionet developed SonoMe, a wireless ultrasound imaging device, to preemptively respond to the changing market environment, with the increasing demand from medical staff for quick and convenient treatment anytime, anywhere around the world after COVID-19.
SonoMe is a product that connects to mobile devices through the Wi-Fi function, enabling quick and convenient ultrasound scanning in various environments and situations.
Bionet introduced three high-performance lineup models, including the dual head probe ‘H5C10L,’ which is the first in Korea to integrate both convex and linear functions. This allows users to select a transducer that suits their clinical needs and purposes, such as for treatment of abdominal, musculoskeletal, thyroid, gynecological, and vascular diseases.

Multi-channel ultrasound beam former
SonoMe is equipped with 192 channels of ultrasound beam former to produce high-quality, clear images, thereby helping medical staff make more accurate diagnoses and decisions.
SonoMe received approval from the U.S. FDA in 2022, following approval from Korea’s Ministry of Food and Drug Safety in 2021. With this as a stepping stone, Bionet is accelerating its entry into the U.S. market and plans to advance further into the global market with the goal of obtaining European CE certification this year.


 
 
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Home & Pet Appliances

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[INQ. NO. 2401E14] CUCKOO Electronics Co., Ltd. has been the most popular rice cooker brand over the past 25 consecutive years in Korea. At present, CUCKOO is expanding product lineups in various fields to include induction ranges, air fryers, other small kitchen & home cafe appliances, and pet appliances.

Rice Cooker
Korea No.1 rice cooker brand, CUCKOO, has pioneered the IH rice cooker’s ‘dual-motion valve (keep warm longer)’ & ‘twin pressure (low pressure, high pressure)’ technology to bring out the best taste in consideration of various customers’ differing ages and lifestyles.

Moreover, there is mechanical rice cooker lineup for users who want very simple design & function. As a mechanical model, CR-1095 model is going to be launched in Vietnam and Indonesia this September and October, respectively.

Pet Dryer Room
CUCKOO’s pet brand, Nello, has a signature product, ‘Pet Air Shower & Dry Room,’ which was developed in consideration of the characteristics of pets based on the advice of pet trainers and veterinarians.
A daily air shower and quick dry help maintain the health and hygiene of pets. The twin fan creates 4D winds to quickly & thoroughly dry the fur after bathing.
Air shower removes dust and contaminants from the fur with soothing gusts of wind. Nello is available in Australia, USA, and Japan. Especially, Japan is growing the company’s brand awareness to the locals, dealing in various pet goods like hair grooming kits.


 
 
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