Unisense FertiliTech A/S Secures an Additional 20 Million USD in New Capital Investment

AsiaNet 52331

AARHUS, Denmark, Mar, 7/PRN=KYODO JBN/ --

     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(R) Time-lapse system, the EmbryoViewer(R)

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