IN-VITRO FERTILIZATION – AUSTRALIA

Virtus shares drop 20pc on profit downgrade

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Original article by Yolanda Redrup
The Australian Financial Review – Page: 16 : 3-Jun-15

Australian-listed IVF group Virtus Health has slightly downgraded its net profit forecast for 2014-15. The group indicated in February 2015 that its market share was 45.6 per cent, but it advised on 2 June that bulk-billing providers in New South Wales have eroded its market share. Virtus shares closed 19.92 per cent lower at $A6.11.

CORPORATES
VIRTUS HEALTH LIMITED – ASX VRT, PRIMARY HEALTH CARE LIMITED – ASX PRY, QUADRANT PRIVATE EQUITY PTY LTD

Monash IVF confident on revenue

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Original article by Jessica Gardner
The Australian Financial Review – Page: 28 : 26-Feb-15

Australian-listed Monash IVF has posted a 2014-15 interim net profit of $A11m, while enquiries from prospective patients rose by four per cent. CEO James Thiedeman forecasts that around 70 per cent of these enquiries will result in new patients for the group. Monash IVF shares closed $A0.05 higher at $A1.405 on 25 February 2015

CORPORATES
MONASH IVF GROUP LIMITED – ASX MVF, FLINDERS FERTILITY

Monash eyes small clinics and Asian leap

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Original article by Jessica Gardner
The Australian Financial Review – Page: 19 : 29-Aug-14

Australian-listed Monash IVF has reported a 2013-14 net profit of $A2.6m, compared with a $A14.6m loss in 2012-13. The group’s revenue of $A114m was 18 per cent higher than previously, and earnings were bolstered by acquisitions and demand for IVF-related services. CEO James Thiedeman has indicated that the group plans to expand in Asia

CORPORATES
MONASH IVF GROUP LIMITED – ASX MVF, VIRTUS HEALTH LIMITED – ASX VRT, PRIMARY HEALTH CARE LIMITED – ASX PRY, MACQUARIE GROUP LIMITED – ASX MQG

Vast bulk of frozen eggs left on ice

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Original article by Kate Hagan
The Age – Page: 2 : 2-Jul-14

John McBain, a director of in-vitro fertilisation services provider Melbourne IVF, says it is partnering Monash University and Melbourne University on a new study. It will look into how to best address the fact that since 1999 some 150 women have asked the company to store their eggs for non-medical reasons, but just 10% have later sought to access the eggs again. Five of the 15 managed to fall pregnant after the procedure

CORPORATES
MELBOURNE IVF, MONASH UNIVERSITY, UNIVERSITY OF MELBOURNE

Monash IVF in growth mode after healthy float

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Original article by Vanessa Desloires
The Australian Financial Review – Page: 17/22 : 27-Jun-14

Monash IVF started trading as high as $A1.97 early in the session on the Australian stock exchange on 26 June 2014. Stock in the provider of reproductive services had been issued at $A1.85 a share, and investors received 170.7 million units in the float. It raised $A315.6 million for the company earlier in June

CORPORATES
MONASH IVF GROUP LIMITED – ASX MVF, MONASH UNIVERSITY, IRONBRIDGE CAPITAL MANAGEMENT LLC, KL FERTILITY AND GYNAECOLOGY CENTRE SDN BHD, VIRTUS HEALTH LIMITED – ASX VRT