Huons Group Launches Medical Device Specialist Company Huons Meditech

Huons Medicare and Huons Medical Merger
"Consolidating Medical Device Business Capabilities, Expanding Synergy"

Huons Meditech CI.
Photo by Huons

[Asia Economy Reporter Lee Gwan-joo] Huons Global announced on the 4th that it has completed the merger process of its subsidiary Huons Medicare and its sub-subsidiary Huons Medical, and will newly launch the medical device specialized company 'Huons Meditech.'

The Huons Group explained the merger by stating, "The medical device business is a core business that will lead the group's future great leap. By consolidating the talents and capabilities that were dispersed across the two companies, we aim to further strengthen expertise and competitiveness and create business synergy through operational efficiency."

Huons Meditech will be operated under the sole CEO Lee Sang-man. CEO Lee plans to leverage his management know-how and expertise in pharmaceutical, medical sales, and marketing gained while leading Huons Medicare to expand both domestic and international markets, as well as to promote the relocation of headquarters, research centers, and factories.

In particular, the strategy is to reorganize the sales and marketing organization to conduct synergy marketing by combining portfolios including disinfection, sterilization, aesthetics, and treatment, focusing on full-scale sales growth. In the research field, Huons Meditech plans to reorganize research capabilities and facilities and introduce unique and differentiated medical and healthcare devices through interdisciplinary convergence.

A Huons Meditech official said, "We expect competitiveness to be greatly enhanced as the businesses that were dispersed across the two companies are integrated," adding, "We will grow into a leading Korean medical device company that leads global market trends in the medical and healthcare device fields, which are attracting attention as future innovative technologies."

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