Neofect Advances Remote Medical System for COVID-19 in the US
Investors Daesung Changtu, Company K Show Upward Trend

[Asia Economy Reporter Minwoo Lee] Following the news that Neofect's telemedicine system has been approved by the Massachusetts state government in the United States, investors such as Daesung Venture Investment and Company K Partners are also showing an upward trend.


As of 1:35 PM on the 18th, Daesung Venture Investment reached 1,435 KRW, up 10.38% from the previous day. This comes after news that Neofect, in which they previously invested, is expected to benefit from the Massachusetts state government's telemedicine support measures in preparation for the large-scale spread of the novel coronavirus infection (COVID-19). Company K, which also invested in Neofect, recorded 5,770 KRW at 1:25 PM on the same day, up 29.81% from the previous day.



Meanwhile, Neofect recently received an official approval letter from the Massachusetts state government allowing insurance coverage for telemedicine costs related to COVID-19 and is reportedly reorganizing its telemedicine system. Accordingly, Neofect recorded 3,675 KRW at around 10:44 AM on the same day, up 29.86% from the previous day.


This content was produced with the assistance of AI translation services.

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