Business · Companies · 16 hrs ago
Korean agency and Memphis VA center agree to support health-tech firms
Korea’s Small and Medium Business Corporation signed an agreement with the Memphis VA Medical Center in Tennessee on November 5.
The center is part of the US Department of Veterans Affairs, and the agreement focuses on Korean small and medium-sized health-care businesses.
The partnership aims to help these firms enter the US market by connecting them with local medical needs and expertise.
The two organizations plan to share information on veterans’ health needs and new medical technologies, and to encourage exchanges between center researchers and clinicians and Korean companies.
They will look for research, clinical and technology-testing opportunities and consider joint seminars, workshops and expert advice.
The agreement could give Korean firms routes to test and develop their technologies with US medical professionals.
The Korean agency says it plans to identify technologies suited to local needs and expand contact between businesses and medical experts.
South Korea’s Korea SMEs and Startups Agency signed an agreement with the Memphis VA Medical Center to support domestic health-care small and medium-sized firms seeking to enter the US market.
The agreement was signed on Nov. 5 in Memphis, Tennessee, and announced on Nov. 9.
The two organizations will share information on veterans’ health needs and innovative medical technologies.
They will also seek opportunities for research, clinical cooperation and technology testing, and promote exchanges between center staff and Korean firms.
The agency said it plans to identify Korean technologies suited to local medical needs and expand exchanges with medical experts.
- Who
- Korea SMEs and Startups Agency and the Memphis VA Medical Center.
- What
- They signed an agreement to support US market entry and technology cooperation for South Korean health-care firms.
- When
- The agreement was signed on Nov. 5, local time, and announced on Nov. 9.
- Where
- Memphis, Tennessee, in the United States.
- Why
- To help Korean firms identify opportunities for medical research and clinical cooperation by learning about US medical needs and engaging with medical staff and researchers.
This story does not have two clearly opposing sides.
The Korea SMEs and Startups Agency and the Memphis VA Medical Center signed an agreement in Memphis.
The agency announced the agreement.
- Agreement date
- Nov. 5, local time
- Location
- Memphis, Tennessee
- South Korean agency
- Korea SMEs and Startups Agency
- US partner
- Memphis VA Medical Center
- Cooperation areas
- Veterans’ health needs, medical technology information, research and clinical collaboration, and technology testing
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What people are saying
We will support our companies’ entry into the US market, from technology cooperation to finding buyers, by using local bases and private networks.