Korea Times

KT teams up with startup for global mobile healthcare business

The South Korean telecom company signs with a mobile healthcare technology firm in line with plans to launch a joint global digital healthcare business

PUBLISHED : Thursday, 03 November, 2016, 11:57am
UPDATED : Thursday, 03 November, 2016, 12:00pm

By Yoon Sung-won

KT will enter the digital healthcare business in developing countries, the company said Wednesday, announcing its recent deal with a startup here.

South Korea’s second-largest telecom company said it has signed a memorandum of understanding with mobile healthcare technology firm Healcerion in Seoul. The telecom company will integrate its digital healthcare systems into the startup’s mobile ultrasonic instruments to launch a joint global digital healthcare business.

Under the partnership with Healcerion, KT also plans to add maternal and child health diagnosis features to its digital healthcare system, which they will provide to medical institutions in developing countries, enabling on-site diagnosis. The company said it will also connect university hospitals in Korea to healthcare centres in those countries to boost its global telemedicine business.

“We will seek diverse global business models with our partners in the digital healthcare sector,” said Song Jae-ho, vice president of KT’s future convergence business. “We will upgrade our digital healthcare systems so that they can provide early diagnosis and prevention services for infectious diseases and chronic illnesses, and improve maternal and child healthcare environments in developing countries.”

Established in 2012 by the CEO Ryu Jung-hwan, Healcerion has developed a device called Sonon by miniaturising large supersonic diagnosis equipment into a single palm-sized device. The device not only has all the features of a full-size device but can also be connected to a smartphone or a tablet computer wirelessly to transmit diagnosis information. Healcerion acquired a quality certificate from the Korea Food and Drug Administration, as well as approval in Europe, Canada and the U.S.

Healcerion expects that Sonon can be useful for doctors providing medical services for patients in developing countries and remote areas through telemedicine technologies.

“In the future, medical services will be made through diagnosis equipment connected to the internet and diverse patient information such as treatment records and videos will be stored in cloud networks, expediting a paradigm shift to digital healthcare,” Ryu said. “We want to lead the global market under cooperation with KT.”