Gyeonggi-do to Host Forum on June 23 for Entry into Medical Device Healthcare Market

Poster for Gyeonggi-do's 'Medical Device Global Healthcare Market Entry Capacity Building Forum'

Gyeonggi Province will hold a forum to support the entry of medical devices into the global healthcare market.

On the 22nd, Gyeonggi Province announced that on the 23rd, it will hold the Gyeonggi Medical Cooperation Regular Forum under the theme "Strengthening Capabilities for Medical Devices to Enter the Global Healthcare Market" at the Mirae Hall of the Healthcare Innovation Park at Bundang Seoul National University Hospital.

Hosted by Gyeonggi Province and organized by Bundang Seoul National University Hospital, this event aims to build a hospital-centered network in the medical industry field to support field-based ideas and technologies. It is part of the "Medical Cooperation Regular Forum Project," which has been promoted together with Bundang Seoul National University Hospital since 2020.

The main project contents include ▲a mentoring program that connects experts in medical, investment, and regulatory approval sectors one-on-one, which are necessary at the technology development site ▲research seminars that share ideas from medical sites with industries ▲forums that share the latest trends for overseas expansion of the medical industry ▲and support for linking clinical trials or analytical tests for product market entry evaluation.

Through this project, Gyeonggi Province has provided customized mentoring to 46 companies since 2020. In particular, some companies have achieved visible results such as large-scale investment attraction (Philophos), accompanying the president on a visit to the United States and signing MOUs with overseas specialized institutions (A-Sleep), selection for various research and development projects (Curaco), and insurance fee application (ATsense, Hangil Tech Medical).

Um Won-ja, Director of the Health and Medical Division of Gyeonggi Province, said, "Developing new medical devices requires not only excellent ideas but also a long-term commitment involving extensive preclinical and clinical trials and navigating complex domestic and international regulatory approval procedures. It is a field that requires a long breath." She added, "We will continue to promote the project through the Gyeonggi Medical Cooperation Regular Forum for medical industry companies in the province to solve difficulties in the technology and product development process together and reflect the demands of companies so that more companies can achieve results."

This content was produced with the assistance of AI translation services.