NewGenIvf Group Ltd. has announced a strategic acquisition to bolster its expansion into the U.S. market. The company, a leading fertility services provider in Asia, has acquired advanced cytometry technology and assets, including 18 fully-constructed cell-sorting systems and six patents for microfluidic systems. This acquisition aims to enhance NewGen's NewGenSort capabilities, which involve precise sperm sorting for in vitro fertilization $(IVF)$ procedures. With over 430,000 IVF cycles performed in the U.S. in 2023, NewGen is set to meet the growing demand for advanced fertility services. The company's entry into the U.S. market is expected to generate significant value for shareholders and support individuals and couples seeking comprehensive fertility solutions.
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