Lunit opens European unit to hasten expansion

Lunit opens European unit to hasten expansion

South Korean medical AI company Lunit has announced its decision to establish a wholly-owned subsidiary in Europe.According to a press release, Lunit Europe Holdings will be based in Amsterdam in the Netherlands and will begin local staff recruitment shortly. 
WHY IT MATTERS
Although Lunit had a branch office which previously managed its European business, its subsidiary in the continent will allow it to plan for the expansion of its sales network and fortify existing partnerships there. 
According to data from Statista, the European medical device market is expected to be worth $136 billion this year. Its biggest segment is cardiology devices with a projected…

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Medtronic, Zydus Hospitals to facilitate remote stroke care using AI

Medtronic, Zydus Hospitals to facilitate remote stroke care using AI

Zydus Hospitals in Ahmedabad and Medtronic India have tied up to launch an AI-enabled hub-and-spoke network to support stroke patients in the western coastal state of Gujarat. An initiative of the pharmaceutical giant Zydus Group, the multispecialty hospital chain has locations across Gujarat and Uttar Pradesh. Its Ahmedabad branch runs two hospitals – a super speciality centre and a primary hospital – with over 660 beds.
HOW IT WORKS
According to a press release, Zydus and Medtronic will leverage locally developed AI technologies to deliver timely diagnosis and treatment to stroke patients living in rural communities. With an AI capability, a team of stroke…

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