Osang Healthcare Co.,Ltd researches, develops, and sells various diagnostic biosensors in South Korea and internationally. The company offers diagnostic biosensors for blood glucose, hemoglobin A1c, cholesterol, immuno diagnosis, molecular diagnosis, and others. It also exports its products to approximately 110 countries worldwide. The company was formerly known as Infopia Co., Ltd. and changed its name to Osang Healthcare Co.,Ltd in April 2017. Osang Healthcare Co.,Ltd was founded in 1996 and is headquartered in Anyang, South Korea.

Osang Healthcare Co.,Ltd

Founded in 1996, OSANG Healthcare is a leader in the In-Vitro Diagnostics (IVD) market and is one of the fastest-growing medical device manufacturing and distribution company in the nation, employing over 315 industry experts (52 in Research & Development/27 + PhD/MSc)

We are at the forefront of manufacturing premium diagnostic devices, specializing in blood glucose, HbA1c, cholesterol, PCR testing solutions to over 110 countries worldwide. 

Our commitment to excellence was demonstrated during the pandemic when we became a pivotal supplier of COVID-19 test kits globally, showcasing our agility and dedication to public health. In 2023, we distributed 100 million COVID-19 Antigen Tests nationwide through Federal Agencies, and the only company in the world to be selected by National Institutes of Health(NIH) Independent Test Assessment Program(ITAP) twice for both OHC COVID-19 Antigen Test and COVID-19/Flu Antigen Test.

Our goal is to be the premier researcher and developer of diagnostic sensors for a comprehensive range of diseases, ensuring a healthier future for all.

Contact Us:
sales@osangllc.com

OSANG LLC

🚀 OSANG Healthcare invests in CGM Technology 🚀

We are thrilled to announce our recent strategic investment in Allez Health, an innovative developer of Continuous Glucose Monitoring (CGM) systems. 

Since its inception in 2018, Allez Health (Formerly Zense Life) has been at the forefront of diabetes management technology. This partnership, involving an investment of approximately $36 million, marks an important step as Allez Health prepares for rigorous FDA approval processes in the US, Europe, and Asia. 

Our commitment to advancing healthcare technology together promises to enhance competitive edges in the global CGM market. Stay tuned for more updates on this groundbreaking journey! 

#HealthcareInnovation #CGM #OSANG #Allez #Zense #Diabetics #Glucose #OHC #OKRA #PublicHealth

Cases of children experiencing mental health issues have been on the rise following the long pandemic.

Dr. Erica Locke of Salinas Valley Health highlights a troubling trend in children's mental health, noting a significant rise in emergency psychiatric hospitalizations over the past few years, possibly exacerbated by pandemic-induced isolation. 

A study by the Children's Hospital of Chicago confirms this trend, particularly among girls. Locke emphasizes the urgent need for long-term investment in mental health infrastructure for children.

#ChildrensMentalHealth #PublicHealth #OSANG #OHC #COVID 💡

🌟 OSANG Healthcare has achieved a major milestone by obtaining certification for the European In Vitro Diagnostic Medical Devices Regulation (IVDR) for personal blood glucose meters! 

This certification, awarded by the prestigious certification body BSI, underscores OSANG Healthcare's commitment to excellence in product performance and safety. With this achievement, OSANG Healthcare strengthens its foothold in the European market and paves the way for expanded global market share. 

#HealthcareInnovation #IVDR #OsangHealthcare #OHC #EU #CE #BloodGlucose #PublicHealth


🔍Understanding Type 2 Diabetes: Causes, Signs, and Prevention🩺

Type 2 diabetes presents a significant health challenge, yet with proper management, its impact can be mitigated. 

Vigilance is crucial, with symptoms such as persistent thirst, increased urination, fatigue, unexplained weight loss, vision problems, and tingling sensations indicating possible onset.

Begin your health journey with the OKRA Pro Starter Kit, equipped with bluetooth-enabled glucose meter, test strips with a dedicated mobile app, and prioritize preventive health measures today.

#DiabetesAwareness #PreventiveHealth #OKRAPro #OHC #OSANGLLC #OKRA #BloodGlucose #PublicHealth #Diabetes🌿👩‍⚕️

📈 OSANG Healthcare, a leading South Korean IVD Manufacturer, has made a strategic decision to invest $10M in Kryptos Biotechnologies' Series A funding round. 

Based in Hayward, California, Kryptos Biotechnologies is revolutionizing molecular diagnostics with its innovative Kuick platform, utilizing photothermal heating and Ultrafast Photonic PCR to deliver rapid results in just 20 minutes. 

With this significant investment, Kryptos Biotechnologies aims to accelerate clinical studies for its respiratory combination tests, targeting FDA approval by 2025. Additionally, this partnership will facilitate manufacturing and distribution of Kryptos Biotechnologies' groundbreaking products. 

Stay tuned for more updates as we continue to lead the way in point-of-care testing innovation! 🌟💼

#Kryptos #Partnership #Innovation #OSANG #OHC #COVID19 #Investment #POC #Laboratory #Clinical

👨‍🔬 Are you a diabetic, but NOT overweight?

The study created a rat model of type 2 diabetes without overweight or overeating by feeding them soft processed foods (SPs) on a restricted schedule for 24 weeks. 

These rats exhibited characteristics of type 2 diabetes such as glucose intolerance, insulin resistance, and fat accumulation despite having normal weight. 

Muscle atrophy was observed in these rats, which was linked to reduced insulin signaling in muscle cells and activation of the ubiquitin-proteasome pathway mediated by elevated levels of interleukin-6 (IL-6).  The study suggests that the consumption of processed foods may contribute to the development of type 2 diabetes and associated muscle atrophy through mechanisms involving IL-6 signaling.

Follow for more public health insights! 

#OSANG #OHC #DiabetesManagement #OKRA #PublicHealth

	Dec '21	Dec '22	Dec '23
account payables	4.11B -	16.52B 301.60%	3.01B 81.79%
accumulated other comprehensive income loss	8.73B -	12.25B 40.33%	13.69B 11.77%
cash and cash equivalents	47.11B -	38.14B 19.03%	109.62B 187.40%
cash and short term investments	47.11B -	61.14B 29.79%	142.55B 133.15%
common stock	6.41B -	6.59B 2.79%	6.64B 0.75%
deferred revenue	717.72M -	848.92M 18.28%	407.69M 51.97%
deferred revenue non current
deferrred tax liabilities non current
goodwill
goodwill and intangible assets	1.69B -	1.76B 4.31%	1.71B 3.00%
intangible assets	1.69B -	1.76B 4.31%	1.71B 3.00%
inventory	21.95B -	42.95B 95.70%	15.05B 64.97%
long term debt	259.01M -	130.56M 49.59%	367.49M 181.48%
long term investments	22.21B -	29.54B 32.99%	55.36B 87.39%
net debt	-46.51B -	-37.43B 19.52%	-108.92B 191.01%
net receivables	45.55B -	46.46B 2.00%	26.06B 43.92%
other assets			1 -
other current assets	408.43M -	7.86B 1,823.39%	13.79B 75.59%
other current liabilities	5.46B -	31.20B 471.90%	23.13B 25.86%
other liabilities		1 -	1 0%
other non current assets	789.27M -	1.34B 69.38%	2.96B 121.30%
other non current liabilities	10.00M -	10.00M 0.00%	10.00M 0.00%
othertotal stockholders equity	64.32B -	67.27B 4.58%	68.19B 1.38%
preferred stock
property plant equipment net	41.92B -	48.67B 16.11%	61.58B 26.54%
retained earnings	99.00B -	113.75B 14.91%	204.51B 79.78%
short term debt	339.88M -	581.26M 71.02%	330.31M 43.17%
short term investments	76.55M -	23B 29,944.71%	32.93B 43.18%
tax assets	7.76B -	9.47B 22.07%	1.49B 84.23%
tax payables	610.12M -	10.52B 1,624.34%	17.69B 68.14%
total assets	189.37B -	249.18B 31.58%	320.55B 28.64%
total current assets	115.01B -	158.41B 37.73%	197.45B 24.64%
total current liabilities	10.63B -	49.15B 362.52%	26.88B 45.31%
total debt	598.89M -	711.81M 18.86%	697.80M 1.97%
total investments	22.21B -	52.54B 136.52%	88.29B 68.04%
total liabilities	10.90B -	49.29B 352.39%	27.26B 44.70%
total liabilities and stockholders equity	189.37B -	249.18B 31.58%	320.55B 28.64%
total non current assets	74.36B -	90.77B 22.07%	123.10B 35.61%
total non current liabilities	269.01M -	140.56M 47.75%	377.49M 168.57%
total stockholders equity	178.46B -	199.86B 11.99%	293.03B 46.62%

0362

COM:OSANGHC

OsanGHC

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22/11 06:30

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