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:6/22/2017)... ... June 22, 2017 , ... ... RegMedNet has produced a Spotlight series on “Cell Therapy Regulation” ... perspectives by leading experts on the unique regulatory challenges of stem cell medical ...
(Date:6/22/2017)... ... ... Charm Sciences, Inc. is pleased to announce that its Charm Amphenicol (AMPH) test ... screening test at dairies and farms for raw commingled cow milk. The test was ... system. These systems are a combination incubator and reader in one. , “The AMPH ...
(Date:6/20/2017)... , June 20, 2017  Kibow Biotech Inc., a ... announce the issuance of a new patent covering a ... by the U.S. Patent and Trademark Office on May ... of the Buzz of Bio award in 2014 in ... to developing non-drug approaches to chronic disease. Renadyl™, the ...
(Date:6/19/2017)... (PRWEB) , ... June 19, 2017 , ... ... overseeing all service activities supporting EDETEK’s products including training, implementation, support, and client ... to his new role. He has previously held leadership roles for service providers ...
Breaking Biology Technology:
(Date:4/5/2017)... KEY FINDINGS The global market for stem ... 25.76% during the forecast period of 2017-2025. The rise ... growth of the stem cell market. Download ... The global stem cell market is segmented on the ... cell market of the product is segmented into adult ...
(Date:4/3/2017)... WASHINGTON , April 3, 2017 /PRNewswire-USNewswire/ ... single-cell precision engineering platform, detected a statistically ... cell product prior to treatment and objective ... highlight the potential to predict whether cancer ... prior to treatment, as well as to ...
(Date:3/30/2017)... 30, 2017 The research team of The ... (3D) fingerprint identification by adopting ground breaking 3D fingerprint minutiae recovery ... of speed and accuracy for use in identification, crime investigation, immigration ... ... A research team ...
Breaking Biology News(10 mins):