Tritonix.ai

News / Korea / yonhap_finance

Medical Device Maker Sky Labs to Debut on KOSDAQ on the 4th

Health Technology · Medical Specialties · yonhap_finance · 2026-09-02

Sky Labs, a developer of cuffless continuous blood pressure monitoring technology, is set to begin trading on the KOSDAQ market this coming Thursday.

What Happened

Listing Overview: The Korea Exchange has officially approved the KOSDAQ listing of medical device manufacturer Sky Labs. Trading for the company's shares is scheduled to commence on the 4th.

Offering Details: The company set its initial public offering price at 10,000 KRW per share. Established in 2015, Sky Labs specializes in the production of cuffless continuous blood pressure monitoring medical devices.

Financial Performance: For the previous fiscal year, the company reported 7.9 billion KRW in revenue alongside an operating loss of 14.7 billion KRW. Korea Investment & Securities served as the lead underwriter for the IPO process.

Market Outlook: The listing provides Sky Labs with access to public capital markets to support its operations. Investors are closely watching how the firm will leverage its proprietary technology to improve its financial standing in the competitive medical device sector.

Read original

More in Health Technology

Pegavision August Revenue Hits Second-Highest Level, Targets Q3 Record

Health Technology · economic_daily · 2026-09-02

Pegavision reported August revenue of NT$750 million, marking its second-highest monthly performance, as the company eyes a new quarterly record in Q3.

6491

KOSDAQ IR Executive Reported to Authorities for Insider Trading

Health Technology · yonhap_finance · 2026-09-02

A KOSDAQ-listed company's IR executive has been reported to law enforcement for using non-public information regarding new drug development to gain profits.

Medytox Shares Surge Over 10% in After-Hours Trading

Health Technology · yonhap_finance · 2026-09-02

Shares of KOSDAQ-listed Medytox experienced a sharp rally of over 10% during after-hours trading, drawing significant attention from investors.

086900

Latest in Korea

South Korea's FSC Imposes Penalties and Audit Restrictions on Kumyang for Accounting Fraud

Process Industries · yonhap_finance · 2026-09-02

The Securities and Futures Commission has sanctioned Kumyang for inflating revenue and misstating equity, prompting the company to vow legal action.

001570

Keumyang Faces Regulatory Sanctions for Accounting Violations

Process Industries · yonhap_finance · 2026-09-02

Financial regulators have imposed fines and mandated external auditor appointments on Keumyang following findings of fraudulent accounting and inflated revenue.

001570

Duksan Neolux Acquires Full Ownership of Canopus Holdings

Electronic Technology · yonhap_finance · 2026-09-02

Duksan Neolux has announced an additional 71.5 billion KRW investment to acquire full control of its subsidiary, Canopus Holdings, for business expansion.

213420

Kumsung Faces Regulatory Sanctions Over Accounting Irregularities

Process Industries · yonhap_finance · 2026-09-02

South Korean regulators have imposed fines and mandated external auditor oversight on Kumsung following the discovery of falsified sales and financial reporting.

001570