ASIA news

A therapist-in-training putting on the SynPhNe device on a volunteer's head
By  Adam Ang 08:17 pm March 19, 2024
A medtech spin off from Nanyang Technological University in Singapore has raised $5 million in a recent Series A funding round by Event Horizon Technologies, a member of the Nadathur Group from India.  SynPhNe (Synergistic Physio-Neuro Platform) claims to be the world's first connected wearable solution that trains both brain and muscle simultaneously in one system, supporting the rehabilitation...
A doctor researching about a patient's condition using a desktop computer
By  Adam Ang 06:24 am March 19, 2024
Hong Kong-based Centre for Artificial Intelligence and Robotics (CAIR) under the Chinese Academy of Sciences (CAS), one of China's national research institutes, has developed a large language model-based chatbot to assist doctors in making medical diagnoses and treatments. HOW IT WORKS The chatbot, CARES Copilot 1.0, is built based on Meta's Llama 2 LLM. Trained using 100 GPUs from Huawei and...
A radiologist analysing a chest X-ray using VinBrain DrAid
By  Adam Ang 07:59 am March 15, 2024
Global Fund taps VinBrain for Vietnam's National TB Screening Bill Gates' The Global Fund has chosen health tech company VinBrain to support the National Tuberculosis Prevention Campaign in Vietnam by supplying its AI technology. Under a commercial agreement, VinBrain will transfer 32 AI-related licenses of its technology to the government-initiated programme, assisting in the screening of about...
Screenshot of the main page of CureSkin's website
By  Adam Ang 07:53 am March 15, 2024
AI-driven dermatology platform Cureskin has netted $20 million in a Series B funding round led by HealthQuad. The round was also participated by JSW Ventures, Khosla Ventures, and Sharrp Ventures. "These funds will help further enhance our AI capabilities, accelerate our growth, and expand solution offerings," said co-founder and CEO Guna Kakulapati in a statement. Cureskin previously raised $5...
Investors and their business partners coming to a deal
By  Adam Ang 08:36 pm March 12, 2024
The health technology segment in India, which comprises about 10,000 startups, is projected to triple in value by 2028 as investors shift their focus towards businesses that can withstand economic disruptions. A new report by global management consultant Bain & Company, in collaboration with Indian healthcare-focused venture fund HealthQuad, delved into the local healthcare innovation market...
A researcher of Daewoong Pharmaceutical using Daisy to explore compounds of potential new drug candidates
By  Adam Ang 12:11 am February 26, 2024
Publicly listed Daewoong Pharmaceutical has recently unveiled its AI-driven drug development system, powered by a database of hundreds of millions of pre-processed compounds.  WHAT IT'S ABOUT Over the past two years, researchers of the Seoul-based pharma giant have sought to solve perennial issues in the development of novel drugs, particularly high cost and low efficiency.  Serving as the...
A radiologist examining an X-ray report
By  Adam Ang 02:35 am February 23, 2024
Indian medical imaging AI company InMed AI has released a new AI-powered tool for screening traumatic brain injuries (TBI). The Neuroshield CT TBI is a decision support tool for detecting and quantifying intracranial haemorrhage, fracture, and midline shift. Utilising AI, it automatically processes brain CT images and alerts clinicians of critical findings.  Commenting on the technology, Dr...
A doctor using a laptop to review a patient's file
By  Adam Ang 02:18 am February 23, 2024
India-based healthcare and life sciences technology provider and consultant CitiusTech has claimed to come up with what could be the industry's first generative AI quality and trust solution.  Based on a press statement, the CitiusTech Gen AI Quality & Trust solution aims to help with the design, development, integration, monitoring of, and facilitating quality and trust in genAI applications...
An elderly using a digital tablet
By  Adam Ang 04:14 am February 19, 2024
Latest study from South Korea has found differences in purpose and satisfaction with using healthcare applications and wearable health devices among older Koreans.  Researchers from Seoul National University, Yonsei University, aged care company Silvia Health, and DTx maker WELT Corp. surveyed Koreans aged 65 and older to investigate how they are using digital health technologies and how frailty...
ReadyCure CEO Won-gyu Jeong and Neurophet CEO Jun-gil Bin during the signing of a business deal
By  Adam Ang 06:00 am February 12, 2024
Neurophet AI to integrate with upcoming Alzheimer's treatment device Neurophet has entered into a partnership with ReadyCure for the development of a dementia treatment system called Helaxon.  Based on a press statement, Neurophet will be integrating its AI solution, Neurophet AQUA, to support brain image analysis in Helaxon. The AI-based software can analyse and detect white matter degeneration...