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Coronavirus Offers Turning Point in S. Korea’s Long-stalled Push for Telemedicine

Coronavirus Offers Turning Point in S. Korea’s Long-stalled Push for Telemedicine

SEOUL, May 22 (Korea Bizwire) — Getting geared up for a potential second wave of COVID-19 infections, South Korea seems to be leaning toward embracing telemedicine despite unrelenting protests from a physicians’ lobby group and civic activists. President Moon Jae-in’s aides at Cheong Wa Dae are busy making a case for why such a system [...]

S. Korea Exports Wristband Trackers for Quarantine Violators

S. Korea Exports Wristband Trackers for Quarantine Violators

SEOUL, May 20 (Korea Bizwire) — South Korea said Wednesday it has begun shipping location-tracking wristbands currently used on people violating self-quarantine orders here amid the new coronavirus pandemic. The country inked a deal valued at 980 million won (US$798,000) with Saudi Arabia to sell some 100,000 units of the wristbands, according to the country’s [...]

Korean Drug Firms in Early Stage of Coronavirus Vaccine Development

Korean Drug Firms in Early Stage of Coronavirus Vaccine Development

SEOUL, May 20 (Korea Bizwire) — South Korean pharmaceutical firms are in the beginning stages of coronavirus vaccine development, lagging behind U.S. rivals, industry sources said Wednesday. No domestic companies have received the green light for clinical trials for vaccine candidates from the drug safety authorities, though U.S. biotech firm Moderna announced Monday all participants [...]

Bill & Melinda Gates Foundation Invests in S. Korean Companies Developing Virus Vaccine

Bill & Melinda Gates Foundation Invests in S. Korean Companies Developing Virus Vaccine

SEOUL, May 19 (Korea Bizwire) – South Korean companies have received funds from the Bill & Melinda Gates Foundation, one of the world’s largest private foundations, to research treatment for COVID-19 after South Korea became a model case in containing the pandemic, with high potential in the information technology (IT) and biopharma industries. SK Bioscience, a local [...]