- Business
- i-SENS, Inc. (099190.KQ) develops, manufactures and markets in vitro diagnostic devices focused on blood glucose management and point-of-care testing; its core products include the CareSens series of blood glucose monitoring systems such as CareSens N, CareSens N Voice, CareSens N Premier, CareSens N Eco, CareSens PRO, CareSens H Beat, NoCoding1 Plus, KetoSens and CareSens S Fit; continuous glucose monitoring systems including CareSens Air and its upgraded version, CareSens Air Receiver, Sens365 data sharing platform and CareSens Air app; point-of-care systems comprising electrolyte analyzers like i-Smart 30 and i-Smart 300 blood gas analyzer, HbA1c analyzer A1Care, immunoassay analyzer ivisen IA-1100 and coagulation care devices; as well as veterinary care systems and diabetes management software SmartLog. The company, founded in 2000 and headquartered in Seoul, South Korea, operates manufacturing facilities in Korea and China with an annual production capacity of 2.1 billion blood glucose test strips; it maintains subsidiaries and offices including i-SENS USA Inc., i-SENS GmbH in Germany, i-SENS (Jiangsu) Co. Ltd. in China, i-SENS Biosensors India Pvt. Ltd., i-SENS Mexico S.A. de C.V., i-SENS Chile SpA and i-SENS Malaysia Sdn. Bhd., serving over 110 countries across North America, Europe, Asia and Latin America. Recent developments include the September 2023 launch of CareSens Air, Korea's first domestically developed continuous glucose monitoring system with CE certification, followed by its European market entry in 2024 and global expansion to over 30 countries by end-2025 with the November 2025 launch of CareSens Air Receiver to enhance insurance and tender access; completion of the Songdo second factory in October 2023; acquisition of AgaMatrix Inc. in July 2023 and CoaguSense Inc. in November 2016; as well as multiple awards in 2024 such as the Minister of Health and Welfare Commendation and consecutive Brand of the Year recognitions for CareSens.