The National Assembly of the Republic of Korea sets aside a certain period of time each year to audit the administration, budgets, and policies of government ministries, agencies and organizations, in addition to its regular inspection of state affairs. This system has strengthened the role of the parliament as a watchdog for the government. The National Assembly has come to play a substantial role in setting the directions for national policies and overseeing the executive branch. This year, the national inspection lasted for 20 days, from October 5 to 24, 2012.
As part of this audit, legislators from the Health and Welfare Committee of The National Assembly of the Republic of Korea visited VATECH Co., Ltd. last October 11, 2012. This is the first time for VATECH to be visited by the Committee, who conducted inspection on the company's dental imaging devices. VATECH was chosen as representative of the medical/healthcare business sector, for which the health and welfare committee had intended to listen and act upon the difficulties faced, as well as to take in suggestions from this aforementioned business sector.
The visiting Lawmakers was spearheaded by Mr. Yoo Jejung along with Mr. Yang SeongJo, Mr. Ryu JiYoung, Mrs. Min HyeonJu, Mr. Choi DongIk, Mrs. Kim MinHee, together with officials from the Ministry of Health & Welfare and the Food and Drug Administration.
About a dozen visiting health and welfare legislators were graciously welcomed by Mr. Stan Oh, CEO of VATECH Co., Ltd., along with the company executives like Executive Director Park JaeYoon, Director Jang SangYoung, and Director Kim SeongHo.
Prior to the start of the meeting, Mr. Stan Oh (2nd from left), CEO of VATECH, invited the honorable guests to a short coffee/tea break at the V-Gallery, a coffee shop operated by VATECH's subsidiary VATECH S&C Co., Ltd.
The meeting started at 2:00pm at the Reception Hall A of VATECH Networks head office building in Hwaseong City. Mr. Stan Oh (오세홍 사장)
, the President/CEO of VATECH Co., Ltd. commenced the meeting with a brief welcome remarks followed by a detailed company introduction. The company conveyed to the government's attention the need for development policies and aggressive R&D investment in medium-sized medical device business enterprise sector, for which growth contribute to job creation and import substitution.
After the meeting, the visitors were briefed about the facilities and the headquarter premises of the companies under the VATECH Networks; and were then guided to a factory tour to see the manufacturing processes in VATECH and Rayence.
In the VATECH factory tour, the visitors were asked to wear disposable overshoes as anti-static protection and as a safeguard in order to ensure production of zero-defect products.
The visitors watched with curiosity as a real skull phantom was placed in the shielded X-ray room for an image quality testing of a dental imaging system of VATECH.
Image optimization process
The visiting party were then guided to the sensor manufacturing facility of Rayence Co., Ltd., a subsidiary of VATECH.
Unlike the tour in VATECH manufacturing area, the Rayence tour was somewhat different as visitors were only able see the manufacturing processes through the glass window outside of the manufacturing facility.
Why is this so? Rayence, being a manufacturer of CMOS sensors and TFT large area detectors, keeps a clean room system which ensures that dust and other tiny particles won't hamper with the sensitive production of these imaging sensors and detectors.
At the end of the tour, the visitors marveled at the technology and at how these domestic medical devices manufacturing company have turned out to be doing big business.
Overall, the Health & Welfare Committee's visit to VATECH was a successful endeavor.
~o0O0o~
Information references:
Communication from Mr. Park Kye Dong, Secretary General of the National Assembly of the Republic of Korea
-> for the Association of Secretary Generals of Parliaments (Bangkok, March 2010)
VATECH Global Co., Ltd. participated in the 100th FDI World Dental Congress and Product Exhibition from the 27th to the 30th of August at the Hongkong Convention and Exhibition Centre (HKCEC), and has captured the interest of the visitors with its display of excellent products. VATECH is gearing up the launch of its latest product, the PaX-i CBCT & Panoramic system, into the worldwide market. The PaX-i system was developed along with the goal of "Increasing Accessibility of Medical Equipment through Technological Innovation". 
PR Newswire
