H Robotics (CEO, Ik-Mo Koo), a robotic technology-based healthcare company, announced that it will select Hana Financial Investment as the IPO listing organizer and promote IPO (public disclosure).
H Robotics is aiming for the second half of 2022 and at least the first half of 2023 by the time of listing. It plans to accelerate entry into the global market by securing new funds through successful public offerings.
H Robotics is a robot technology-based healthcare company established in 2018. Libless, a representative product, is attracting attention as a new concept rehabilitation solution that provides rehabilitation devices and remote rehabilitation platforms based on robot technology. While the existing rehabilitation treatment centered on hardware treatment devices, Libless is an integrated remote rehabilitation solution that combines hardware and software.
In particular, Libless’s utility was recognized for its great value in a situation where interest and necessity for’non-face-to-face care’ increased due to the coronavirus pandemic. Most of the existing professional rehabilitation treatment was performed only through hospital visits. Libless, developed by H Robotics, has the strength that professional medical staff can monitor patients through a remote rehabilitation platform and give them non-face-to-face exercises to perform consistent rehabilitation exercises at home.
In recognition of Libless’s originality and potential, the world’s largest IT exhibition,’CES 2021′, was held in January and won the innovation award in the field of’Health & Wellness’, attracting worldwide attention.
H Robotics has been actively marketed at home and abroad, including registration of medical devices in the US FDA (Food and Drug Administration) last year, registration of CPT insurance premium codes for rehabilitation exercises and remote medical treatment, and establishing business strategic relationships through MOU with Kyongsang Pharmaceutical this year. It is pushing for entry.
A representative of H Robotics said, “After laying the foundation for business in Korea and North America, we are planning to expand into the global market through listing on the KOSDAQ to become a global robotics medical solution company.” “Continuing technology until IPO “We will do our best to develop and expand our sales network.”
Author/ Translator: Jamie Kim
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