- Business
- i-SENS, Inc. (099190.KS) develops, manufactures and markets in vitro diagnostic devices with a focus on blood glucose monitoring systems, continuous glucose monitoring systems, point-of-care testing analyzers and veterinary diagnostics; its core products include the CareSens series of blood glucose meters 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 solutions led by CareSens Air and its app Sens365; point-of-care systems encompassing i-Smart blood gas analyzers, electrolyte analyzers, HbA1c analyzers like A1Care, immunoassay analyzers such as iVISEN IA-1100 and PT/INR analyzers; and veterinary care systems including i-Smart 30 VET. The Korea-based company, founded in 2000 and headquartered in Seoul's Seocho District, operates manufacturing facilities in Korea and China with an annual production capacity of 2.1 billion test strips, exporting to over 110 countries across North America, Europe, Asia and Latin America through subsidiaries including i-SENS USA Inc., i-SENS GmbH, i-SENS (Jiangsu) Co. Ltd., i-SENS Mexico S.A. de C.V., i-SENS Biosensors India Pvt. Ltd. and i-SENS Biosensors Malaysia Sdn. Bhd. Recent developments feature the September 2023 launch of CareSens Air, Korea's first domestically developed continuous glucose monitoring system certified for CE marking and rolled out in 14 countries in 2024 with expansion to over 30 markets by year-end alongside the November 2025 global debut of the CareSens Air Receiver; acquisition of AgaMatrix Inc. in July 2023 and CoaguSense Inc. in 2016; completion of the Incheon Songdo Plant 2 in October 2023 boosting CGM production to two million units annually; April 2024 convertible bond issuance acquired by ANDA Asset Management, Atinum Investment and Korea Investment Partners; and the March 2025 release of an upgraded CareSens Air CGM version.