On 7 November, Gyeonggi Province hosted the 2024 Gyeonggi-do Healthcare Cooperation Forum at the Seoul National University Hospital Healthcare Innovation Park in Bundang (Seongnam City) under the theme “Going Global, Strategic Cooperation for Companies.”

This forum, hosted by Gyeonggi Province and organized by Seoul National University Bundang Hospital, was designed to help medical industry companies in the province develop strategies for international certification and successfully enter the global market.

Domestic and international medical device and digital healthcare experts and company representatives shared various cases and explored certification procedures in major American, European and Asian markets, as well as strategic cooperation plans for companies to expand overseas.

Specifically, the event saw the discussion of the following topics: K-bio in the global spotlight and realizing full-fledged growth (Amazon Korea representative); overseas expansion strategies of domestic medical device companies (including digital healthcare companies; Samjeong KMPG Director Choi Yoo-jin); medical device expansion strategies in China and Southeast Asia (Korea Testing & Research Institute Director Jang Dong-hyeok); overseas expansion experiences and cases of domestic technology-based digital therapeutic devices (Emocog Noh Yoo-heon); and more.

Gyeonggi Province has been promoting its Medical Industry Cooperation Support Project with Bundang Seoul National University Hospital since 2020. The main initiatives include a mentoring program to connect experts one-on-one in key fields (medical, investment, licensing) for technology development, research seminars that enable the sharing of ideas in the medical field among industry stakeholders, forums to share the latest trends in the medical industry’s overseas expansion, and support for clinical trials/analytical tests to evaluate market entry.

“This forum is an important opportunity to strengthen the global development capabilities of the medical industry in Gyeonggi Province and expand cooperation among companies… We will continue to provide the administrative support necessary for medical companies and others to resolve difficulties in the technology and product development process and enhance their international competitiveness,” said Yoo Kwon-soo, Director of the Medical Resources Division of Gyeonggi Province.