Cuprina (CUPR) said Monday it completed construction of its in-vitro fertilization media production facility in Singapore and obtained ISO 13485 certification and a dealer license for the site on April 6.
The ISO certification was issued by the United Kingdom Accreditation Service, while the dealer license was granted by the Singapore Health Sciences Authority.
Developed in collaboration with medtech company Ferti-Craft, the facility is expected to produce 14 stock keeping units of IVF media containing nutrients, electrolytes, amino acids, and other materials required to stimulate fertilization of sperm and ovum in-vitro.
Cuprina said it will work with Ferti-Craft to prepare and submit regulatory dossiers to HSA to seek approval for the 14 SKUs.
Under the agreement, Ferti-Craft will be responsible for securing documentation and testing certificates required by HSA, managing raw material sourcing and logistics, and contributing intellectual property and technical expertise in assisted reproductive technology.
The companies expect the facility to begin commercial production by Q4 2026, pending regulatory approval. Initial sales are expected to focus on Singapore, with expansion into select ASEAN countries, the Middle East, and other global markets to follow.
Shares of Cuprina were down 6% in recent trading.
Price: 5.80, Change: -0.37, Percent Change: -6.00
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.