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Prelude Fertility

From Wikipedia, the free encyclopedia
Prelude Fertility
Company typePrivate
Industry
FounderMartin Varsavsky
Key people
TJ Farnsworth (CEO)
Services
  • Fertility Services
  • In Vitro Fertilization
  • Egg Freezing
  • Egg Donation
Websitehttps://www.preludefertility.com/

Prelude Fertility is a network of fertility clinics in the United States that offer fertility services including in vitro fertilization (IVF), egg donation, genetic testing, and egg freezing.[1][2] As of 2019, the Prelude Fertility Network of clinics included 23 fertility practices and 36 locations in the U.S. and more than 60 affiliated reproductive endocrinologists.[3]

History

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Prelude Fertility was founded by Martin Varsavsky following his and his wife’s experience with fertility treatment and IVF.[1][4]

The company launched in October 2016 when Varsavsky secured funding from Lee Equity Partners to purchase a majority stake in Reproductive Biology Associates, an IVF clinic in Atlanta, and My Egg Bank, the largest frozen donor egg bank in the U.S.[1][5]

In September 2017, Prelude acquired a majority stake in Pacific Fertility Center in San Francisco.[6] The following month, Prelude acquired Vivere Health.[2][7] In March 2018, Prelude acquired the Advanced Fertility Center of Chicago.[8] In October 2018, Prelude announced a partnership with NYU Langone.[9] In March 2019, Prelude announced a partnership with Inception Fertility and also announced TJ Farnsworth as the company’s new CEO.[10] The partnership made Prelude the largest fertility services provider in the U.S and added Aspire Fertility clinics to the Prelude Network.[10][11]

References

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  1. ^ a b c Helft, Miguel. "Meet Prelude Fertility, The $200 Million Startup That Wants To Stop The Biological Clock". Forbes. Archived from the original on October 19, 2016. Retrieved 2019-05-31.
  2. ^ a b "Investors see big money in infertility. And they're transforming the industry". STAT. 2017-12-04. Retrieved 2019-05-31.
  3. ^ "Prelude Fertility, Inception to combine operations". Verdict Hospital. 2019-03-29. Retrieved 2019-05-31.
  4. ^ "Prelude Fertility aims to give women and couples a choice on the timing of a family". TechCrunch. 20 October 2016. Retrieved 2019-05-31.
  5. ^ Ramsey, Lydia. "A startup that raised $200 million wants you to think about fertility long before you want to start a family". Business Insider. Retrieved 2019-05-31.
  6. ^ Ho, Catherine (2017-09-27). "Private equity-backed firm acquires majority of San Francisco's Pacific Fertility Center". SFGate. Retrieved 2019-05-31.
  7. ^ Snyder, Eric (31 October 2017). "Franklin health care company selling to NY firm". www.bizjournals.com. Retrieved 2019-05-31.
  8. ^ GmbH, finanzen net. "Prelude Fertility Partners with Advanced Fertility Center of Chicago, Expanding the Prelude Network to 4th Largest IVF Market in the U.S. | Markets Insider". markets.businessinsider.com. Retrieved 2019-05-31.
  9. ^ "MarketWatch: NYU Langone's Innovative Partnership with Prelude Fertility to Expand Scope of Services". NYU Langone News. Retrieved 2019-05-31.
  10. ^ a b Taylor, Seema Mody, Harriet (2019-05-09). "Egg freezing has become the go-to for delayed parenthood – and companies are popping up to provide more cost-effective solutions". CNBC. Retrieved 2019-05-31.{{cite web}}: CS1 maint: multiple names: authors list (link)
  11. ^ "Demand for fertility services continues to increase - ExpressNews.com". www.expressnews.com. 2019-04-11. Retrieved 2019-05-31.