MSD Korea Helps Domestic Digital Healthcare Startups Expand Globally
Global pharmaceutical company MSD Korea has stepped up to support promising digital healthcare and artificial intelligence (AI) startups in Korea. Recently, MSD Korea launched a collaborative program with the Korea Health Industry Development Institute (KHIDI) to identify innovative technologies from domestic companies and help them enter the global market.
The purpose of this collaboration is to foster startups that combine Korea's outstanding IT technology with medical data. MSD Korea plans to share its global network and expertise with the selected companies, supporting the entire process from product development to overseas market entry.
The digital healthcare sector is growing rapidly worldwide, driven by recent advancements in artificial intelligence technology. As Korea possesses excellent medical infrastructure and a high level of technical proficiency, this program is expected to further strengthen the global competitiveness of domestic companies.
An official from the Korea Health Industry Development Institute stated that this collaboration will serve as an important stepping stone for domestic startups to grow into world-class enterprises. The two organizations plan to continue providing various forms of support through ongoing cooperation to ensure that Korea's digital healthcare industry can lead the global market.