Largan Precision enters into the Medical Equipment and promote product of ECG (Electrocardiogram)
Largan Precision (3008) has announced its entry into the medical equipment field, investing 300 million dollars to establish Largan Health AI-TECH (LHT). Lin En-Ping, the CEO of Largan Precision, serve as its chairman, and Largan Precision holds over 40% of the shares. The new sleep detection product, an ECG electrocardiogram device, is already on sale in China, expected to get TFDA certification in the end of the year.
Lin En-Ping stated that in the past, individuals with sleep problems usually had to go to the hospital for diagnosis, where they would be attached on numerous wires and have to sleep in the hospital. The ECG device promoted by Largan Health AI-TECH attaches on the body such as OREO cookie. It allows users to connect to the cloud at home, accurately collecting sleep information. For those troubled by sleep issues but reluctant to visit hospitals, this product serves as a significant advancement.
Lin En-Ping mentioned that many people experience poor sleep during the night, possibly due to sleep apnea, and this device can help to check it condition.
"Lin En-Ping participated in the investment of the company primarily in response to the invitation of his high school classmate, Peng Zhong Kang, from Taichung First Senior High School.", who is a professor at Harvard Medical School and a key contributor to the technology. Peng Zhong Kang authorized the technology to his students, and after evaluating for 1-2 years, Largan Precision decided to participate in the investment. The production is currently handled by Largan Precision.
Lin En-Ping pointed out that the ECG electrocardiogram device has obtained the license in China and has been promoted through the sales company established by Largan Health AI-TECH in China, called Nanjing Feng sheng, starting from April. It is expected to be available in Taiwan after obtaining TFDA certification in the end of the year.
This product has undergone testing at National Taiwan University Hospital in the past and will be further promoted through the healthcare system. When asked about the differences compared to sleep-tracking wristbands available in the market, Lin En-Ping emphasized that this is an official medical device, providing more accurate detection. However,the final diagnosis still requires a doctor's evaluation.