NEXTCLINICS SOLIDIFIES GROWTH BY ADDING FIRST NORTHERN EUROPEAN IVF CLINIC TO ITS PORTFOLIO
Tallinn/Augsburg, 22 March 2019: NEXTCLINICS announces it will take control of 100% of F-Est OÜ, the holding company that owns Fertility Clinic Nordic; two ART facilities and a leader in egg and sperm donor program located in Tallinn, Estonia. This is NEXTCLINICS’ first transaction in Northern Europe, providing a third hub for its oocyte and sperm donor programs alongside existing centers in the Czech Republic and Spain. The addition of Fertility Clinic Nordic enlarges NEXTCLINICS’ geographic footprint and is expected boost the number of patients from the Scandinavian and Baltic regions, as well as incoming patients from Central and Western Europe. Fertility Clinic Nordic founder Dr. Jaanus Pikani and his entire management team have reinvested into NEXTCLINICS and will remain in leadership roles as well as manage the F-Est portfolio abroad. In less than two years, NEXTCLINICS has become a top 3 ART provider in Europe with 15 IVF clinics and sites in 8 countries across the continent. The valuation of the Fertility Clinic Nordic transaction will not be disclosed.
“We are dedicated to providing patients with the best experience possible. First and foremost, that means offering them the broadest possible options so they can select the best match for their families. This transaction greatly improves the diversity of our donor options. The Czech Republic and Spain are already two key egg and sperm donor hubs, and Tallinn will now become our third. It will serve the Scandinavian and Baltic countries, which make up approximately 5% of the European ART market,” explains Miroslaw Herden, CEO of NEXTCLINICS.
“For our organization, partnering with NEXTCLINICS offers extended exposure to Central and Western European markets, something that would have been otherwise challenging for an independent clinic. We anticipate growth from patients who are already NEXTCLINICS clients and will travel to Estonia for treatment not currently available in their home markets. We look forward to greater cooperation with the Czech and Spanish clinics with the ambition to continuously assist the growing number of patients who need our help,” said Dr. Jaanus Pikani, new CEO of NEXTCLINICS Estonia and NEXTCLINICS investor.
According to ESHRE statistics*, the ART market in Europe continues to grow. Based on a December 2018 report, year-on-year increases have been registered in a number of IVF clinics in Europe, including the number of IVF and ICSI procedures performed and the number of egg donations offered. Over 750,000 people have sought ART treatment in Europe, of which 42,000 were treated in the Baltic and Scandinavian regions (editor note: Estonia, Latvia, Lithuania, Finland, Sweden, Norway).
NEXTCLINICS European Portfolio
NEXTCLINICS INTERNATIONAL has invested over 200 million EUR over the last 24 months and currently employs over 800 people. Fertility Clinic Nordic joins an ART portfolio that includes 15 clinics and sites in 8 countries including GynePro Medical Group, specialists in the area of reproductive disorders, infertility, and prenatal diagnosis from Bologna and Verona; the ProCrea Group in Lugano offering IVF and specialized diagnostic services as well as plastic surgery and genetic testing; IVF Centers Prof. Zech, one of Europe’s first clinics that today can be found in 5 counties; Praxisklinik Frauenstraße Clinic in Ulm, Germany; IMER in Valencia Spain; and GEST Centre of Reproductive Medicine & Gynecology in Prague, Czech Republic, are both European leaders in egg and sperm donation.
NEXTCLINICS has also invested into other facilities including hospitals, medical laboratories, and a network of blood sampling and tissue collection centers in the Czech Republic, Italy, Germany, Spain, and Switzerland.
NEXTCLINICS operates a network of modern and highly-specialized healthcare facilities and offers primarily care in fertility, allergology, clinical immunology, pneumology, as well as other related fields. Entering the European market in 2015, this dynamically-growing healthcare company with headquarters in Germany aims to foster innovative procedures in healthcare combining the latest diagnostic and treatment methods with a patient- and client-centric approach while using cutting-edge communication technology. Services are available in the Czech Republic, Italy, Germany, Luxembourg, Spain, Estonia, and Switzerland. Find more information at www.next-clinics.com.
About Fertility Clinic Nordic
Fertility Clinic Nordic is a dynamic ART clinic founded in 2010. The clinic offers a broad range of fertility services from IVF, preimplantation genetic testing, egg and sperm donation, and social freezing options. The location in Estonia serves as a hub for couples having trouble conceiving for the entire Scandinavian and Norther European region, as well as an attractive location for medical tourism. Combining the latest methods and techniques with a sympathetic and multi-language approach to clients, Fertility Clinic Nordic has established itself among leaders in its field in Northern Europe.
*ESHRE figures: https://www.eshre.eu/Data-collection-and-research/Consortia/EIM/Publications
For more info contact Ewing & Hamburg & K&H
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