Australian IVF group now second-largest in world
Three local centres merge
In a vote of confidence in the growing fertility market, three of
Australia’s major IVF groups have merged to create the second-largest
IVF company in the world. Melbourne IVF, the Queensland Fertility Group
and New South Wales-based Australia IVF have merged under the umbrella
of IVF Holdings,
which is owned by Quadrant Private Equity. Doctors in all three states
own major stakes in the parent
company. Quadrant appears to be interested in further growth. It is
searching for similar businesses and says that IVF Holdings is realising integration benefits by acquiring and expanding organically as well as through “selective
opportunities”. ~ Herald Sun, Jan 18
Michael Cook
commercialization
IVF
Michael Cook edits BioEdge, a bioethics newsletter, and MercatorNet, an on-line magazine whose focus is human dignity. He writes from Sydney, Australia.
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