Lunit preps Korean IPO led by NH Investment Bank

Lunit and NH Investment Bank announced today an agreement that NH Investment will be the lead underwriter for Lunit’s Korean IPO, aimed by 2020.

After the approval of Lunit’s medical AI software by Korea Ministry of Food and Drug Safety (MFDS) in August, Lunit is now paving its way toward the Korean market, along with the global expansion, beginning with upcoming installation at Seoul National University Hospital. Lunit is also currently undergoing US FDA and Europe CE clearance.

NH Investment Bank is one of the top investment banks in Korea, having been able to successfully drive IPOs of companies with proven high technology.

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Jussarang Lee Communications Manager
Jussarang Lee Communications Manager
About Lunit

Perfecting Intelligence. Transforming Medicine.

We connect human and technology to transform lives in a beneficial way.

Through our unprecedented AI technology, we seek to provide AI solutions that open a new era of data-driven precision medicine. We aim to solve the most critical issues in cancer care today: reduce medical cost and prolong survival.

Lunit, abbreviated from “learning unit,” is an AI software company devoted to developing advanced medical image analytics and data-driven imaging biomarkers via cutting-edge deep learning technology.

Founded in 2013, Lunit has been internationally acknowledged for its advanced, state-of-the-art technology and its application in medical images. It has been named by CB Insights as one of “AI 100” startups transforming healthcare industry.

Lunit's technology has been recognized at international competitions such as ImageNet (5th place, 2015), TUPAC 2016 (1st place), and Camelyon 2017 (1st place), surpassing top companies like Google, IBM, and Microsoft. Lunit is based in Seoul, South Korea.

6th floor, 175 Yeoksam-ro, Gangnam-gu,
Seoul, South Korea

서울시 강남구 역삼로 175 6층 (역삼동, 현승빌딩)