Fertility
IVF provider launches its first clinics in Southeast Asia
Demand for IVF and related fertility services is rapidly growing in Southeast Asia
The IVF provider Generation Prime has announced the launch of its first clinics in Bangkok and Kuala Lumpur, as the Asia-Pacific IVF market is expected to reach US$46b by 2031.
The clinics are the first in a series of 15 roll-ups across Thailand, Malaysia, and Singapore, providing access to fertility services for Southeast Asia’s 600 million residents.
Investment in Generation Prime was led by Recharge Capital, with additional investment from Thiel Capital, and Shamrock Holdings, Inc, an investment vehicle for the Disney Family, Blue Lion Global.
Junyi Hou, head of investment operations at Generation Prime, said: “We are thrilled to open our first health services clinics serving individuals across Southeast Asia.
“Our state of the art clinics are designed to assist people wherever they are on their fertility journeys, and we look forward to expanding our clinic network in the region.”
According to studies, 50 per cent of couples are expected to rely on IVF for conception by 2045.
Demand for IVF and related fertility services is rapidly growing around the world, particularly in Southeast Asia, which has seen a notable population decline in recent years.
China alone accounts for one million IVF cycles annually, equivalent to ~40 per cent of the global market, and exports an additional ~500,000 cycles each year due to a mix of regulatory and demand constraints.
By traveling to its clinics in Thailand, Malaysia, and Singapore as medical tourists, Generation Prime hopes its patients could receive access to fertility care at a fraction of the cost compared to countries like China.
“Generation Prime is well-positioned to emerge as a leading IVF and fertility service provider in Southeast Asia due to a combination of their brand new facilities, top-notch team, and emphasis on accessibility,” said Lorin Gu, founding partner of Recharge Capital.
“At Recharge Capital, we have identified women’s healthcare as a thematic sector primed for long-term growth, and companies like Generation Prime are leading the way to make key services like IVF more accessible and cost-effective for women around the world.”
Singapore-based Generation Prime offers services, including assisted conception, fertility preservation, advanced fertility tests, third party reproduction, and pre-implantation genetic testing.
Insight
IVFmicro raises £3.5m to boost IVF success
IVFmicro has raised £3.5m to advance its microfluidic device designed to improve IVF success rates in routine clinic use.
The Leeds-based spinout from the University of Leeds, founded in 2024, aims to increase the quality and number of embryos in an IVF cycle.
IVF, or in vitro fertilisation, combines eggs and sperm in a lab before transferring embryos to the womb. A microfluidic device is a chip with tiny channels that move very small volumes of fluid.
The company says its device could raise the number of viable embryos available for transfer and the likelihood that an embryo will implant.
Currently, IVF leads to a successful pregnancy in about 30 per cent of cases for women under 35. A single cycle typically costs around £5,000 in the UK.
“My career has focused on understanding the reproductive biology of eggs and embryos, how they develop and, crucially, why things sometimes go wrong,” said IVFmicro co-founder and scientific director Helen Picton.
“At IVFmicro, we are harnessing years of research into reproductive biology to create a practical, accessible solution that can improve outcomes for patients undergoing fertility treatment. Our goal is to make IVF more effective, more predictable, and ultimately more hopeful for those striving to start a family.”
The investment was led by Northern Gritstone, with support from Innovate UK’s Investment Partnership Programme.
“IVFMicro is a brilliant example of the world-class innovation emerging from the Northern Arc’s universities, combining scientific excellence with a clear commercial vision to tackle the societal challenge of infertility,” said Northern Gritstone chief executive Duncan Johnson.
“Millions worldwide require fertility treatment, but new solutions are needed to overcome the high costs involved and low success rates. We are especially proud that IVFMicro’s journey has been supported through our NG Studios programme and our Innovation Services, which exist to help founders like Virginia and Helen turn pioneering research into real-world impact.”
Features
University of Leeds IVF spinout raises £3.5m
University of Leeds IVF spinout IVFmicro has raised £3.5m in pre-seed funding.
The investment is led by Northern Gritstone, with support from Innovate UK Investor Partnerships Programme, and will be used by IVFmicro for its next verification and validation phase, leading to trials on human embryos in fertility clinics.
Helen Picton is scientific director and co-founder of IVFmicro.
She said: “My career has focused on understanding the reproductive biology of eggs and embryos, how they develop and, crucially, why things sometimes go wrong.
“At IVFmicro, we are harnessing years of research into reproductive biology to create a practical, accessible solution that can improve outcomes for patients undergoing fertility treatment.
“Our goal is to make IVF more effective, more predictable, and ultimately more hopeful for those striving to start a family.”
Globally, 1 in 6 couples will face fertility issues, yet IVF success rates are suboptimal, with only 25-30 per cent succeeding in women under 35 years of age.
This is due in part to limitations of the embryo culture process, which typically involves repetitive handling, subjective selection of the best embryo, and the expense of highly skilled operators.
IVF is an expensive process, costing on average £5,000 for a patient in the UK for one cycle, accompanied by long NHS waiting lists that have selective criteria.
IVFmicro provides the first microfluidic device (a device for safely managing embryo culture and handling with very small amounts of nutrient-rich fluid) that can be used in any IVF treatment cycle.
This precision-engineered solution improves both the number of viable embryos available for transfer and the likelihood that an embryo will implant and result in a pregnancy.
IVFmicro provides a 10-15 per cent improvement in embryo quality and quantity, a significant leap that increases the potential to fall pregnant.
IVFmicro was founded in 2018 by Virginia Pensabene, Ph.D, and Helen Picton, Bsc, Ph.D., both professors at the University of Leeds.
Pensabene has published scientific advancements in microfluidics and brings her technical and scientific expertise to the product design.
Picton is a non-clinical expert in female reproductive biology and embryology, and has generated over £8m in research grant income.
IVFmicro recently took part in the NG Studios life sciences programme, which supports pre-seed life science businesses, and is delivered by accelerator KQ Labs, the Francis Crick Institute, and Northern Gritstone.
Virginia Pensabene, CEO and co-founder, IVFmicro, said: “As a biomedical engineer, I began exploring the potential of this technology in 2017, when Helen and I first met at the University of Leeds.
“From the start, our goal was to translate our research into a real solution for patients.
“Thanks to the combination of grant funding and Northern Gritstone’s support — both through investment and its innovation programmes — we have been able to grow our team in Leeds and take a major step toward bringing this precision-engineered IVF solution to market.”
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