
JW Bio
Specialized biotechnology for diagnostic reagents and medical devices.
Date | Investors | Amount | Round |
---|---|---|---|
KRW50.0b | Late VC | ||
Total Funding | 000k |
JW Bioscience is a South Korean company specializing in the development and manufacturing of in-vitro diagnostic reagents and medical equipment. The company is a subsidiary of JW Life Science and part of the larger JW Group, a global healthcare company. JW Bioscience was officially established in 2016.
The company's business is segmented into two main areas: diagnostic solutions and medical devices. In the diagnostics field, JW Bioscience is focused on creating technologies for early disease detection, securing patents for biomarkers related to pancreatic cancer and sepsis. It develops immunoassay analyzers and reagents for diagnosing conditions like cancer and infectious diseases. A significant part of its strategy involves expanding its presence in the diagnostic reagent market through partnerships, such as an exclusive supply agreement with China's BIOELAB for fully automated biochemical analyzers in Korea. The company also develops point-of-care (POCT) testing devices, like the 'JWelix Q6' high-sensitivity analyzer, designed to deliver rapid results from blood samples.
In addition to diagnostics, JW Bioscience manufactures a diverse range of medical equipment aimed at localizing and advancing the medical device industry in Korea. Its product portfolio includes digital X-ray machines, LED surgical lights, operating tables, infant incubators, and sterilizers. Many of these products have received international certifications such as CE and ISO, enabling their export to markets in Europe, China, and the Middle East.
Keywords: in-vitro diagnostics, medical devices, diagnostic reagents, point-of-care testing, immunoassay, biomarker discovery, sepsis diagnosis, pancreatic cancer diagnosis, surgical lights, digital x-ray, medical equipment manufacturing, biochemical analyzers, infant care systems, pathology devices, operating tables