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Basecare Medical Reports 44% Revenue Growth in 2024 IVF Sector
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China-based IVF specialist Suzhou Basecare Medical Co., Ltd (HKG: 2170) has released its 2024 performance report, showing a robust 44% year-on-year (YOY) revenue growth to RMB 300 million (USD 41.3 million). This significant growth reflects the company’s expanding influence in the reproductive health sector. Genetic Testing DivisionThe genetic testing division…
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Basecare and Rhea Labs Form Five-Year Alliance to Expand IVF Markets Globally
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China-based IVF specialist Suzhou Basecare Medical Co., Ltd (HKG: 2170) has entered into a five-year strategic alliance with Singapore’s Rhea Labs Pte. Ltd to jointly expand in vitro fertilization (IVF) markets globally. The partnership aims to leverage both companies’ commercial strengths in the US, Europe, South America, and Southeast Asia,…
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Basecare Medical and SolarCare Form Alliance to Advance AI in IVF Services
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Suzhou Basecare Medical Co., Ltd (HKG: 2170), a leading China-based in vitro fertilization (IVF) specialist, has formed a strategic five-year alliance with SolarCare, a private assisted reproductive medicine group supported by investors including Temasek, Government of Singapore Investment Corp, a Malaysian sovereign fund, and two Chinese investors. Agreement Terms and…
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Suzhou Basecare Medical’s BKA210 Receives Marketing Approval in Jiangsu Province
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China-based in vitro fertilization (IVF) specialist Suzhou Basecare Medical Co., Ltd (HKG: 2170) has announced that it has received marketing approval for its intelligent sperm quality analyzer, BKA210, in Jiangsu province. This marks the world’s first device capable of detecting unstained live sperm, offering a significant advancement in the field…
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Basecare Medical to Acquire BMX Holdco for $40 Million, Expanding IVF Portfolio
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China-based in vitro fertilization (IVF) specialist, Suzhou Basecare Medical Co., Ltd (HKG: 2170), has announced its intention to acquire 100% stakes in Singapore-headquartered BMX Holdco Pte. Ltd for a sum of $40 million. The acquisition will see BMX becoming a wholly-owned subsidiary of Basecare upon deal closure. BMX Holdco Pte.…
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Suzhou Basecare Medical and Qitan Tech Partner to Advance Nanopore Sequencing in PGT
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Suzhou Basecare Medical Co., Ltd (HKG: 2170), a China-based in vitro fertilization (IVF) specialist, has announced a strategic partnership with Qitan Tech, a Chengdu-based nanopore gene sequencer manufacturer. The collaboration aims to drive technology development, regulatory filings, localization, and industrialization of nanopore gene sequencers in the preimplantation genetic testing (PGT)…
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Basecare Medical Sells 35% Stake in Cellpro Biotech for USD 9.5M
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Suzhou Basecare Medical Co., Ltd (HKG: 2170), a China-based IVF specialist, will sell a 35% stake in its assisted reproductive product developer Zhejiang Cellpro Biotech Co., Ltd for RMB 64.17 million (USD 9.5 million). Post-deal, Basecare will retain a 15% stake in Cellpro, having previously acquired 51% of the firm…
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Basecare Medical and Haier Biomedical Partner on IVF Cryopreservation Tech
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China-based IVF specialist Suzhou Basecare Medical Co., Ltd (HKG: 2170) announced a strategic partnership with compatriot firm Haier Biomedical Co., Ltd to collaborate on research and development in assisted reproductive cryogenic preservation. Financial terms of the agreement were not disclosed. Partnership FocusThe partnership aims to advance technologies in cryopreservation for…
