'AI Medical' Weisen Achieves 'Excellent' Grade in AI Voucher Support Project Through Collaboration with Gangneung Asan

Waycen, an AI MedTech specialized company, announced on the 18th that it received an ‘Excellent’ rating in the final evaluation of the 2023 AI Voucher Support Project, hosted by Gangneung Asan Hospital and the National IT Industry Promotion Agency (NIPA) under the Ministry of Science and ICT.

The AI Voucher Support Project, led by NIPA since 2020, supports companies aiming to apply AI technology and provides solution providers with opportunities to create new markets. Through this project, Waycen supplied the AI-based gastric and colorectal endoscopy video analysis software ‘WayMed Endo’ to Gangneung Asan Hospital in May, and by achieving an ‘Excellent’ rating in the final project results, it demonstrated its technological capability and effectiveness in medical settings.

WayMed Endo is a medical AI software that utilizes AI technology to analyze gastric and colorectal endoscopy videos in real time. It can be used in conjunction with endoscopy equipment. It is operable simultaneously with endoscopic examinations and quickly and accurately detects abnormal lesions, making it highly preferred in screening centers where gastric and colorectal endoscopies are frequently performed. Notably, the gastric lineup is the first in Korea to be approved as a Class 3 medical device that automatically detects suspected gastric cancer areas to assist medical professionals’ decisions, and it is the only AI gastrointestinal endoscopy device in Korea designated as an innovative medical device.

Gangneung Asan Hospital, certified as an excellent institution in the national screening agency evaluation for 12 years, introduced WayMed Endo with the intention of operating high-quality endoscopic examinations integrated with AI technology. This is also the first case of installing AI gastric and colorectal endoscopy in a general hospital located in Gangwon Province.

Kim Kyungnam, CEO of Waycen, said, “This voucher project has created a meaningful opportunity to rapidly expand AI gastric and colorectal endoscopy in medical fields,” and added, “We will do our best to create good cases based on Gangneung Asan Hospital’s reference both domestically and overseas.”

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