In the news release, Sky Labs' Blood Pressure Monitoring Device Recognized for High Accuracy by the International Society of Hypertension, issued 24-Oct-2024 by Sky Labs over PR Newswire, we are advised by the company that there are updates to the content. The complete, corrected release follows:
CART BP Redefines Blood Pressure Monitoring with Clinically Proven Cuffless Technology
SEOUL, South Korea, Nov. 21, 2024 /PRNewswire/ -- Sky Labs, a health-tech startup based in South Korea, developed CART BP—the world's first ring-shaped, cuffless device designed for 24-hour blood pressure monitoring. Unlike conventional smartwatches, CART BP delivers more stable photoplethysmography (PPG) signals, ensuring highly accurate blood flow measurements through the finger. Wrist-based devices often struggle with accuracy due to variations in wrist size and sensor positioning. In contrast, CART BP offers multiple ring sizes for a customized fit, significantly improving measurement precision. Its accuracy has been rigorously validated in clinical trials.
One of CART BP's most significant advantages is its ability to provide continuous, cuffless blood pressure monitoring, offering greater convenience compared to traditional devices. CART BP ensures constant, unobtrusive monitoring, delivering valuable data throughout both day and night—making it an ideal tool for effective hypertension monitoring.
The ISH position paper has been endorsed by leading organizations including the World Hypertension League (WHL), the European Society of Hypertension (ESH), the Asian Pacific Society of Hypertension (APSH) and the Latin American Society of Hypertension (LASH).
According to the ISH Position Paper, "A clinical study published in 2024 indicated that the device showed good agreement with ISO requirements and strong correlation with conventional ABPM devices for daytime and nighttime BP measurements. However, calibration of the ring using cuff BP measurement was performed immediately before the accuracy testing component, and the testing was not performed in accordance with recent ESH recommendations developed specifically for cuffless devices."
Sky Labs remains committed to advancing wearable health technology, continually improving the accuracy and accessibility of blood pressure monitoring. This recognition from the ISH further solidifies CART BP's position as a leading solution in hypertension care, setting new benchmarks in patient monitoring and healthcare innovation.
About Sky Labs
Founded in September 2015, Sky Labs is a leading healthcare startup that has developed CART (Cardio Tracker), a ring-shaped medical device designed for disease monitoring using heart signals collected through optical sensors. Following this, the company developed CART BP, a cuffless, ring-shaped device that enables continuous 24-hour blood pressure monitoring, providing valuable treatment information and making a groundbreaking contribution to improving the quality of life for hypertension patients. Sky Labs has signed an exclusive domestic distribution agreement for CART BP with South Korea's Daewoong Pharmaceutical and is preparing for nationwide sales to hospitals, clinics, and general consumers.
Media Inquiries
Edelman Korea SkyLabs@edelman.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
/C O R R E C T I O N -- Sky Labs/
Sky Labs' Blood Pressure Monitoring Device Recognized for High Accuracy by the International Society of Hypertension
GDIN CEO Jongkap Kim: "By matching technology needs with local markets, we create long-lasting joint ventures with multiple exit opportunities."
SEOUL, South Korea, Dec. 24, 2024 /PRNewswire/ -- Global Digital Innovation Network (GDIN), led by CEO Jongkap Kim, proudly announced the major achievements of its 2024 Joint Venture Program. This program, which supports the establishment of joint ventures between South Korean companies and international partners, is designed to lower market entry barriers and create sustainable growth opportunities through local collaborations.
Since the launch of the program in 2021, GDIN has supported the establishment of 44 joint ventures across various regions. This year alone, 10 joint ventures were successfully launched in 8 countries including the United States, Canada, Japan, India, Singapore, Vietnam, UAE, and Uganda.
The Joint Venture Program was created to address a common challenge faced by early-stage tech companies: while they may have products and services that meet market demand, they often lack the resources and workforce to enter international markets. Through this program, GDIN helps companies increase their chances of success by facilitating strategic market entry via local partnerships.
In addition to the 44 joint ventures established so far, 47 partnership agreements are in the pipeline for future joint ventures. The program's success is largely attributed to GDIN's extensive global network of partners, which includes government organizations, multinational corporations, and international agencies such as the World Bank, Central American Bank for Economic Integration (CABEI), Inter-American Development Bank (IDB), Investment Turkey etc. GDIN has organized multiple technology matching and investor relations events to introduce Korean companies and their innovative technologies to potential international partners.
At the year-end performance report event, held on December 19, GDIN recognized companies that successfully established joint ventures. Changsoft I&I, a digital construction management system company, was highlighted for its success in establishing joint ventures in Japan and Vietnam. CFO Jongeun Park of Changsoft I&I shared, "We were facing stagnating revenue growth, and expanding into new markets was critical. With GDIN's support, we were able to establish joint ventures in Japan and Vietnam, allowing us to tailor our products to local market needs."
Other companies that successfully established joint ventures in 2024 include Medicos Biotech, Bloomsbury Lab, Arbaim, Eucast, Pixelro, Hansol root one, Eco-Peace, and IESG.
GDIN CEO Jongkap Kim commented, "Unlike simple joint investments or distribution networks, these technology-driven joint ventures are based on market demand, ensuring their long-term sustainability. If these joint ventures achieve success in the local markets and even go public, they could offer multiple exit opportunities, creating a strong growth model for all involved."
About GDIN
Global Digital Innovation Network (formerly known as Born2Global Centre), registered under the Ministry of Science & ICT, is an independent foundation that promotes and fosters collaboration between next-level innovative companies from South Korea and the world.
Since 2013, we have established over 160 international partnerships, supported over 3,000 tech companies, conducted over 20,000 consulting services, and helped companies raise $3.6 billion USD in investments.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
GDIN Successfully Supports Establishment of 10 New Joint Ventures in 2024 Alone
