Virtus Health

Virtus Health is an Australian company, headquartered in Sydney, that provides assisted reproductive technology, specialist pathology and day hospital services.^[1] It is currently the largest in vitro fertilization (IVF) provider in Australia.^[2]

Virtus Health listed on the Australian Stock Exchange in June 2013, and remains the largest assisted reproductive technology company in the world to do so.^[3] It is now part of the ASX 200 with group revenue of $233.7M for the financial year ended 30 June 2015.^[4]

Fertility clinics that are part of the Virtus Health Group include IVFAustralia, Queensland Fertility Group, Melbourne IVF, TasIVF and The Fertility Centre in Australia; Sims IVF and Rotunda IVF in Ireland; and Virtus Fertility Centre in Singapore. The clinic in Singapore was opened in 2014.^[5]

The company operates 6 specialist day hospitals across Queensland, NSW and Victoria, supporting procedures in IVF and gynaecology, plastic and cosmetic procedures, dentistry, ophthalmology, urology, and endoscopy and gastroenterology. Virtus Diagnostics was established as a separate division in 2015.^[6] Virtus Health completed a number of acquisition, including Canberra Fertility Centre in 2016,^[2]IDS Pathology in 2015,^[7] Rotunda IVF in 2015,^[8] TasIVF in 2014^[9] IVF Sunshine Coast in 2014,^[10] and Sims IVF in 2014.^[11]

Scientific achievements

• A/Prof John McBain AO, founder of Melbourne IVF, was part of the team responsible for the conception and birth of Australia’s first IVF conceived child, Candice Reed .
• Dr Leeanda Wilton, Melbourne IVF, is an international leader in the field of pre-implantation genetic testing^[12]
• A/Prof Kate Stern, Melbourne IVF, lead the team that achieved the world’s first pregnancy from ovarian tissue grafted in the anterior abdominal wall of a woman.

References

1. Binsted, Tim (23 February 2016). "Virtus Health Profit Up 7pc to $17.9m".
2. "Virtus Health, Australia's Largest IVF provider, Has Bought Canberra Fertility Centre for $3.5 Million". The Canberra Times. 21 May 2016. Retrieved 25 July 2016.
3. "Australian IVF Group Virtus Gains 9%". Financial Times. 11 June 2013. Retrieved 25 July 2016.
4. "Annual Report" (PDF). Virtus Health. 2015. Retrieved 25 July 2016.
5. Stewart, Robb M. (26 February 2015). "Virtus Health Aims to Reproduce in U.K.". The Wall Street Journal. Retrieved 25 July 2016.
6. Carlisle, James (24 September 2015). "Virtus Health's Genetic Goldmine". Share Cafe. Retrieved 25 July 2016.
7. "Virtus Health acquires IDS Pathology Laboratory". Reuters. 2 September 2015. Retrieved 25 July 2016.
8. Gantly, Dara (9 January 2015). "Australian IVF Provider Acquires HARI Clinic". Irish Medical Times. Retrieved 25 July 2016.
9. "Virtus Health Ltd acquires majority stake in Tasmanian IVF provider, TasIVF for $16.0 million". Reuters. 4 December 2014. Retrieved 25 July 2016.
10. "Virtus acquires IVF Sunshine Coast". News.com.au. 3 November 2014. Retrieved 25 July 2016.
11. Hoey, Trevor (2 July 2014). "Virtus shows thirst for growth with Sims IVF buy". Financial Review. Retrieved 25 July 2016.
12. "Leeandra Wilton". Bloomberg. Retrieved 25 July 2016.