Generation Prime launches to make fertility services more accessible in Asia

Quick Summary

Generation Prime, a startup that wants to make IVF and other fertility services more accessible to patients in Asia, is launching its first two clinics in Bangkok and Kuala Lumpur.

Generation Prime expects about 70% of its clients to be medical tourists from China, and 30% to be local patients.“This is not because local patients are not actively using IVF services, but mainly because of the sheer population of China and the unmet demands that exists in the country,” said Gu.“In addition, China does not allow many of the IVF procedures that are currently desired by patients seeking more robust family planning services, and as a result, a large number of patients have been pushed into the Southeast Asian market.

He added that studies show by 2045, close to half of couples are expected to use IVF to start their families.“Despite these markers, female health conditions totaled just 1% of pharmaceutical research funding in 2020.

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News Analysis

Author / Journalist: Catherine Shu

Category: Technology Business Startups

Topics: Malaysia Singapore IVF Southeast Asia Health Asia Generation Prime Thailand Startups Fertility

Source Website Secure: Yes (HTTPS)

Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

News Source URL: techcrunch.com

Readership Location: United States

Published Date: 2023-05-25, 13:00:43

News Timezone: GMT -5:00

Language: English

Original Article Length: 333 words

Reading Duration: 2 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1412595

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