cuffless blood pressure monitor
Despite tightening barriers to entry over the years, Europe and the US are still key to global expansion for Korean startups, says Sky Labs CEO Jack Byunghwan Lee.
Omron's latest investment comes as Sky Labs' ring-type BP monitor expands to consumer use, backed by clinical validation, reimbursement, and new integration with Kakao Healthcare.
The company targets to receive a similar clearance from the US FDA by yearend.
Patients are able to view their data on a smartphone app.
The latest feature can now be combined with Samsung's cuffless blood pressure monitoring feature, which got approval in South Korea a few weeks ago.
The company plans to use the money to go to market with the product.