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Virtus Health

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Virtus Health is an Australian company, headquartered in Sydney, that provides assisted reproductive technology, specialist pathology and day hospital services.[1] It is currently the largest in vitro fertilization (IVF) provider in Australia.[2]

Virtus Health listed on the Australian Stock Exchange in June 2013, and remains the largest assisted reproductive technology company in the world to do so.[3] It is now part of the ASX 200 with group revenue of $233.7M for the financial year ended 30 June 2015.[4]

Fertility clinics that are part of the Virtus Health Group include IVFAustralia, Queensland Fertility Group, Melbourne IVF, TasIVF and The Fertility Centre in Australia; Sims IVF and Rotunda IVF in Ireland; and Virtus Fertility Centre in Singapore. The clinic in Singapore was opened in 2014.[5]

The company operates 6 specialist day hospitals across Queensland, NSW and Victoria, supporting procedures in IVF and gynaecology, plastic and cosmetic procedures, dentistry, ophthalmology, urology, and endoscopy and gastroenterology. Virtus Diagnostics was established as a separate division in 2015.[6] Virtus Health completed a number of acquisition, including Canberra Fertility Centre in 2016,[2]IDS Pathology in 2015,[7] Rotunda IVF in 2015,[8] TasIVF in 2014[9] IVF Sunshine Coast in 2014,[10] and Sims IVF in 2014.[11]

Scientific achievements

  • A/Prof John McBain AO, founder of Melbourne IVF, was part of the team responsible for the conception and birth of Australia’s first IVF conceived child, Candice Reed .
  • Dr Leeanda Wilton, Melbourne IVF, is an international leader in the field of pre-implantation genetic testing[12]
  • A/Prof Kate Stern, Melbourne IVF, lead the team that achieved the world’s first pregnancy from ovarian tissue grafted in the anterior abdominal wall of a woman.

References

  1. ^ Binsted, Tim (23 February 2016). "Virtus Health Profit Up 7pc to $17.9m".
  2. ^ a b "Virtus Health, Australia's Largest IVF provider, Has Bought Canberra Fertility Centre for $3.5 Million". The Canberra Times. 21 May 2016. Retrieved 25 July 2016.
  3. ^ "Australian IVF Group Virtus Gains 9%". Financial Times. 11 June 2013. Retrieved 25 July 2016.
  4. ^ "Annual Report" (PDF). Virtus Health. 2015. Retrieved 25 July 2016.
  5. ^ Stewart, Robb M. (26 February 2015). "Virtus Health Aims to Reproduce in U.K." The Wall Street Journal. Retrieved 25 July 2016.
  6. ^ Carlisle, James (24 September 2015). "Virtus Health's Genetic Goldmine". Share Cafe. Retrieved 25 July 2016.
  7. ^ "Virtus Health acquires IDS Pathology Laboratory". Reuters. 2 September 2015. Retrieved 25 July 2016.
  8. ^ Gantly, Dara (9 January 2015). "Australian IVF Provider Acquires HARI Clinic". Irish Medical Times. Retrieved 25 July 2016.
  9. ^ "Virtus Health Ltd acquires majority stake in Tasmanian IVF provider, TasIVF for $16.0 million". Reuters. 4 December 2014. Retrieved 25 July 2016.
  10. ^ "Virtus acquires IVF Sunshine Coast". News.com.au. 3 November 2014. Retrieved 25 July 2016.
  11. ^ Hoey, Trevor (2 July 2014). "Virtus shows thirst for growth with Sims IVF buy". Financial Review. Retrieved 25 July 2016.
  12. ^ "Leeandra Wilton". Bloomberg. Retrieved 25 July 2016.