Navigation Links
Unisense FertiliTech A/S Secures an Additional 20 Million USD in New Capital Investment
Date:3/7/2013

AARHUS, Denmark, March 7, 2013 /PRNewswire/ --

Danish medtech company Unisense FertiliTech A/S announces a new partnership with the Danish Pension Fund PKA. PKA owns 25% of Unisense FertiliTech A/S after the purchase of shares in the company worth 20 million USD. This brings the total of new investment in the company over the past 3 months to 45 million USD.

Unisense FertiliTech A/S develops and manufactures products to improve treatment in the field of assisted reproduction. The company has expanded rapidly in the past 2 years, operating in more than 30 countries worldwide. In addition to the current hardware and software product offerings, there is an exciting pipeline of products under development which hold significant commercial potential within the IVF industry. With this additional investment, the company will be in an excellent position to execute its long term development strategy and to accelerate the global expansion of sales of FertiliTech's existing and new products geared towards improving clinical practice in the field of IVF.

Investment Director at PKA, Michael Nellemann Pedersen states "FertiliTech has created a unique product with a rapidly growing global demand. This demand is expected to continue, with a worldwide increased trend to a higher age of first time mothers.  We feel this is an extremely exciting investment opportunity with a promising future."

"We very much look forward to the cooperation with PKA, who with this long term investment contributes positively to create stability in the ownership of Unisense FertiliTech," says Unisense FertiliTech A/S CEO, Jens Gundersen .

About Unisense FertiliTech A/S  

Unisense FertiliTech A/S was founded in 2003 and has developed and manufactures state-of-the-art instrumentation in the field of IVF.  The current products include the EmbryoScope® Time-lapse system, the EmbryoViewer® Software and related accessory products, which are EU approved and FDA cleared for clinical use in IVF laboratories. Unisense FertiliTech A/S conforms to the requirements in DS/EN ISO 13485:2012 for production, installation and servicing of IVF incubators and related accessories

The company is involved in numerous international collaborations, and strives to develop embryo assessment algorithms to improve embryo selection and workflow in the assisted reproduction laboratory. Our goal is to promote knowledge building through extensive documentation and retrospective analysis. We are dedicated to providing technology to improve IVF treatment through quantification of embryo development patterns.

About PKA:

PKA is a joint administration for five Danish pension funds with a total of 250,000 members. They control funds of USD 35 billion.

Website: http://www.fertilitech.com



'/>"/>
SOURCE Unisense Fertilitech A/S
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. Blue Marble Biomaterials Secures Distribution Agreement with SAFC
2. K-V Pharmaceutical Secures Commitment for $85 Million Loan, Reaches Agreement with Senior Noteholders on Principal Terms of Plan of Reorganization
3. Lucas Bagnell Varga LLC Secures $17.4 Million Award For Former Applied Biosystems Executives
4. Intarcia Therapeutics Secures Landmark $210 Million Financing To Fund Its Global Phase 3 Program For ITCA 650 In Type 2 Diabetes
5. Amarantus BioSciences Secures $1.1 Million in Financing
6. Syngenta Secures EU Approval For Next Generation Fungicide
7. Aviir Diagnostic Laboratories Secures $8 Million In Funding From Silicon Valley Bank
8. OncoSec Secures License for Electroporation Intellectual Property from University of South Florida
9. Bacterin Secures $25 Million Financing with OrbiMed
10. Insmed Secures $20 Million Loan Agreement With Hercules Technology Growth Capital
11. PharmAthene Secures $7.5 Million Credit Facility From GE Capital, Healthcare Financial Services
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/8/2016)...  Soligenix, Inc. (OTCQB: SNGX) (Soligenix or the ... and commercializing products to treat rare diseases where ... the long-term follow-up data from its Phase 2 ... Defense Regulator (IDR), in the treatment of oral ... undergoing chemoradiation therapy (CRT).  The additional 12-month safety ...
(Date:12/8/2016)... Korea , Dec. 8, 2016 Eutilex ... $21 billion KRW (US $18.9M) Series A financing. This ... Investment, G.N. Tech Venture and SNU Bio Angel. This ... to 30.5 billion KRW (US $27.7M) since its founding ... Eutilex to bolster the development and commercialization of its ...
(Date:12/7/2016)... ... December 07, 2016 , ... ... concluded that “in the setting of previously treated, advanced pancreatic cancer, liquid biopsies ... the optimal patient population and timing of blood sampling may improve the value ...
(Date:12/7/2016)... 2016 /PRNewswire/ - Zenith Capital Corp. ("Zenith" or the "Company") announces ... at the Company,s Annual and Special Meeting. ... place on Thursday, December 15, 2016 at Mount ... EC1040), 4825 Mount Royal Gate SW, Calgary, Alberta ... meeting and management information circular, containing the matters to be ...
Breaking Biology Technology:
(Date:11/16/2016)... Sensory Inc ., a Silicon ... consumer electronics, and VeriTran , a technology ... today announced a global partnership that will provide ... users of mobile banking and mobile payments solutions.  ... which requires no specialized biometric scanners, yet provides ...
(Date:11/14/2016)... Nov. 14, 2016  xG Technology, Inc. ("xG" or ... critical wireless communications for use in challenging operating environments, ... 30, 2016. Management will hold a conference call to ... p.m. Eastern Time (details below). Key Recent ... $16 million binding agreement to acquire Vislink Communication Systems. ...
(Date:6/22/2016)... American College of Medical Genetics and Genomics was once again ... of the fastest-growing trade shows during the Fastest 50 Awards ... Las Vegas . Winners are ... of the following categories: net square feet of paid exhibit ... 2015 ACMG Annual Meeting was ranked 23 out of 50 ...
Breaking Biology News(10 mins):