South Korea is ramping up efforts to bolster AI development in life sciences.The country is implementing strategic initiatives, with a key focus on robust regulations. The country is actively revising its regulations in the AI domain to foster progress in this field. In May 2023, the Ministry of Food and Drug Safety of the Republic of Korea (MFDS) and the United States Food and Drug Administration (USFDA) signed an MoU to accelerate medical product development using AI. In April 2023, the Ministry of Health and Welfare in South Korea introduced ‘The 1st Comprehensive Plan for Development and Support for the Medical Devices Industry (2023~2027). The plan’s key objectives include facilitating market entry for innovative technologies such as AI and digital solutions, rationalising regulations and systems, and promoting innovation among corporations in the medical devices sector.
South Korea along with experts from the UK and Singapore released a global guide for the use of artificial intelligence in medical care in 2021. The guide is designed to act as a benchmark for the liable use of AI, and enhance clarity and high standards for technological applications in the healthcare sector.
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