Founded by Professor Carl Wood in the early 1970s, Monash IVF Group Ltd is an Australia-based company primarily involved in assisted reproductive services. MVF achieved the world’s first IVF pregnancy in 1973 and Australia’s first IVF birth and the third IVF birth in the world in 1980
“MVF investor day displayed the high calibre of the senior management team, including operational, scientific and medical directors, and showcased the new full-service IVF clinic in Cremorne, Victoria,” Raymond said.
“The investor day highlighted MVF’s research strength.
“Whilst no new information or trading update was provided in the presentation, the team highlighted the culture and scientific leadership which has seen success rates improve from 32.6% in 2018 to 38% now.
“We have made no changes to our target price or recommendation. Our Add is maintained,” Raymond concluded.
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