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PLASBIO’s ‘Smart Inject’ Selected as an Innovative Product by the Public Procurement Service of Korea
PLASBIO’s Smart Inject, an artificial intelligence–based automatic tail vein injection system,
has been designated as an Innovative Product by the Public Procurement Service (PPS) of Korea, in recognition of its technological innovation and public value.
During the designation period, Smart Inject is eligible for private contracts with national and local governments in Korea,
and can also participate in the PPS Innovative Product Pilot Purchase Program and the Rental Pilot Use Project funded by the PPS.
Designation Period: September 23, 2025 – September 22, 2028 (3 years)
혁신_앵커1
Central and local governments, as well as public institutions,
can purchase PLASBIO’s Smart Inject through the
‘Innovation Market’ (Innovation Procurement Platform)
Grant
designated benefits
After three years of initial designation, you can apply for the first extension (1 year) and the second extension (2 years), up to six years
Exemption from liability for purchase
The purchasing manager of an innovative product is not responsible for any loss caused by the purchase unless intentional or gross negligence is proven
Sole-source
contract
Private contract with the State or local government during the designation period of innovative products
Purchase
target system
A system that sets a $1-2\%$ innovative product purchase target for public and local entities and **mandates compliance by linking the achievement to annual performance evaluations
Participation in
pilot purchase project
A project where the Public Procurement Service purchases innovative products with its budget and provides them to demanding institutions, which must then disclose the results of their use.
Advantages of pilot purchase business
Improvement of motivation for purchasing by demand institutions
and support of enterprises' market development and innovative growth
Corporate benefits) Judgment of "success" as a result of pilot purchase after completion of pilot use
→ Application of special examination criteria (or special treatment) when applying for excellent procurement.
Institutional benefits) Purchased with the Public Procurement Service's budget, the demanding institution does not bear the purchase cost.
Joint benefits) Recognized as a procurement performance as a purchasing business, not a simple demonstration cost support project.
Procedures for pilot purchase business
Major contents can be checked and applied through the "Innovation Marketplace" website
1) Designating
Innovative Products
(Company) Designate innovative products through Type I or II
2) Registration of
Innovation Marketplace
(Company) Register product information on the innovation market platform
3) Application for
pilot purchase project
(Company) Acceptance of basic plan
(Procurement Agency) Review and
approval of basic plan
6) follow-up
management
(Procurement Agency) Interim inspection and completion
check for pilot use
Review and release of results
Transfer ownership of innovative products
5) Purchase
Agreement
(Organization) Pilot Use Agreement
and Submission of action plan
(Procurement Agency) Approval of the implementation plan
(Procurement Agency / Company) Signing a Purchase Agreement
4) Demand
Matching
(Procurement Agency) Demand Survey for Institutions
(Agency) Submission of an application for pilot use
(Procurement Agency) Matching demand after internal deliberation
Some innovative products may be excluded pursuant to Article 24 of the Regulations on the Purchase and Operation of Innovative Products,
and may participate in the project only when matched with the institution wishing to use the test
PLASBIO’s Smart Inject, recognized for its technological innovation and market visibility,
is attracting growing interest.
For purchase inquiries, please feel free to contact us.
Contact Us) 063-212-7052 / plasbio@plasbt.com
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