Top menu shortcut Go to Body Body Submenu Shortcut Bottom

History

Since 2016

Evolution from a Medical Product Distribution Specialist into a Comprehensive Medical Distribution, Manufacturing, and R&D Enterprise

  • 2021 – Present
    Leap Forward Phase through R&D, Manufacturing, and New Businesses
    • Signed a Joint Development and Production Agreement for the Cardiovascular Business with KIMAL (UK)
    • Acquired IntroBiopharma (Incorporated as a Subsidiary)
    • Completed Surgical Robot Technology Transfer with Korea Aerospace University and Seoul National University Hospital

    • Secured a Domestic Patent for the Surgical Robot 'U-BOT'

    • Inauguration of Yoon-seok Lee as CEO

    • Entered the Cardiovascular Intervention Business

    • Relocated and Expanded to the New Headquarters

    • Renewed the 5-Year Domestic Exclusive Distribution Agreement for Baxter's 'Floseal' (~Feb 2028)

    • Signed a Domestic Exclusive Distribution Agreement for ZimVie (US) Spinal Implants

    • Established Subsidiary EasyMedibot Co., Ltd. through Capital Investment, Entering the Surgical Robotics Business
    • Relocated and Expanded the Manufacturing Plant to Bolster Production Infrastructure

  • 2020
    Business Expansion Phase through Global Networks and IPO
    • Listed on KOSDAQ

    • Completed the Absorbed Merger with IBKS No.10 SPAC

    • Signed an MOU with Seoul St. Mary's Hospital for Innovative Medical Device Development

    • Signed a Supply Agreement for Disposable Medical Consumables with Bastos Viegas (Portugal)

    • Signed a New Agreement for Spinal Endoscopes with RIWO Spine (Germany)

    • Signed a Domestic Exclusive Distribution Agreement with FZIOMED (US) for Oxiplex

  • 2016 ~ 2019
    Company Foundation Phase through Mergers and Acquisitions (M&A)
    • Completed a Third-Party Allotment Capital Increase of Common Stock with IBK and 11 Other Parties

    • Awarded a Laparoscopic System R&D Project Hosted by the Ministry of Health and Welfare

    • Signed a Consulting Agreement with Jungjin Corporation for Supplying Medical Devices and Pharmaceuticals to Dongguk University Medical Center

    • Acquired a 100% Stake in GSMT Co., Ltd., Incorporating it as a Subsidiary

    • Renewed the 5-Year Domestic Exclusive Distribution Agreement for Baxter's 'Floseal' (Excluding Tertiary Hospitals)

    • Changed the Corporate Name to WSI Co., Ltd.

    • Established World Spine Innovation Co., Ltd.

Sales Trend

history_graph