Saltlux Signs AI Healthcare MOU with Nutrition Court

[Asia Economy Reporter Hyunseok Yoo] Saltlux announced on the 18th that it has signed a technology partnership and business agreement (MOU) with Nutrition Coat, a healthcare prevention solution specialist company, to jointly promote business cooperation in the artificial intelligence-healthcare application market sector and platform business.

Through this agreement, both companies will pursue mutual cooperation for joint development in the biohealth sector, which is one of the three new industries and five major export leading industries selected by the government. They plan to concretize comprehensive business cooperation including ▲joint development of digital healthcare business ▲development of customized healthcare algorithms and solutions based on artificial intelligence (AI) and big data ▲and expansion into overseas markets.

A company representative stated, "Through the technology partnership combining Saltlux's big data technology and Nutrition Coat's prevention-centered health data collection and algorithm advancement, we will build a more differentiated portfolio for domestic and international healthcare platform businesses," adding, "We expect that both companies will be able to enhance their competitiveness."

Nutrition Coat is conducting functional medical analysis of the interrelationships among blood, urine, and hair test result items for the first time in Korea, led by a research and development collaboration team composed of domestic and international medical doctors, Korean medicine doctors, and clinical nutrition masters and PhDs. Based on this, they have developed a web service that provides customized healthcare information (food, health functional foods, exercise, lifestyle) for disease prevention, immunity, obesity, and functional diseases. Based on this solution, they plan to launch the 'WellCoach' app service as a B2C model in the first half of next year.

Kyungil Lee, CEO of Saltlux, said, "The healthcare and bio sectors are rapidly undergoing digital transformation with the integration of artificial intelligence and big data technologies," adding, "Saltlux plans to accelerate new business development and overseas market expansion by collaborating with various specialized companies in this field."

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