Grace McDonald says that going through IVF is mentally and physically draining, but as COVID cases surged in Sydney last year, the 35-year-old was not deterred from going through the process.
The companies that serve them have been telling investors they expect a post-pandemic IVF baby boom in the coming years., the IVF sector has sent a loud and clear message to governments that their services are not voluntary and should be exempt from shutdowns of the health system amid virus surges. In January, however, Virtus was telling shareholders it had entered an exclusive courtship with CapVest, which had offered $7.60 per share. The announcement saw BGH Capital apply to the Takeovers Panel, arguing the move was anti-competitive. The panel agreed and Virtus and CapVest amended some terms of their due diligence, then BGH upped its bid to $7.65.
“I think that the innovation that is likely to occur in IVF and assisted reproductive services is going to accelerate. Private funding does lend itself to investing in organisations like ours and accelerating that potential,” she says. In a statement on Friday, the company said it had acted in the best interests of patients and suspended the test “shortly after the preliminary findings suggested that further review may be warranted”.
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