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Memphasys Ltd ( (AU:MEM) ) has issued an announcement.
Memphasys Limited is making strategic moves to expand its commercial presence in Brazil’s growing IVF market by partnering with Laboratorio Androscience, a prominent Brazilian andrology clinic. The company has initiated clinical utility testing for its Felix™ System, which could lead to licensing agreements and market entry if successful. With Brazil’s IVF market projected to grow significantly, Memphasys aims to capitalize on the demand for cost-effective fertility solutions, potentially expanding its reach throughout Latin America.
More about Memphasys Ltd
Memphasys Limited is a bio-separations and reproductive biotechnology company that focuses on developing innovative solutions for male fertility and reproductive health. The company is known for its Felix™ System, a technology aimed at improving sperm selection and outcomes in assisted reproductive technologies (ART), such as in vitro fertilization (IVF).
Average Trading Volume: 10,181,599
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$14.17M
See more insights into MEM stock on TipRanks’ Stock Analysis page.
