Memphasys Ltd (AU:MEM) has released an update.
Memphasys Ltd reports promising results from a study on its Felix™ System’s effectiveness in improving equine sperm quality for artificial insemination, with commercialization expected within the next 12 months. The system offers quicker sperm processing and is poised to capture a significant share of the estimated $681 million global equine AI market. A comprehensive three-year study is underway, aiming to establish the Felix™ System as a leading technology in equine breeding.
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