Biotech
Axes Enters the Fertility Business in Spain: the Group Buys Ovoclinic Barcelona
Axes Capital is an international family office focused on investments in the following sectors: healthcare, real estate and renewable energies. The company has recently bought the Ovoclinic Barcelona, an assisted reproduction clinic based in Sant Antoni district of the Catalan capital. In Spain, there are more than 200 private centers specialized in the assisted reproduction sector.
The assisted reproduction sector is more alive than ever. Despite the current context marked by the crisis caused by the pandemic, corporate moves in the healthcare industry do not cease. On this occasion, the family office with offices in the Czech Republic, Axes Capital, has acquired the Ovoclinic Barcelona clinic, as confirmed to PlantaDoce by industry sources familiar with the transaction.
Axes Capital is an international family office focused on investments in the following sectors: healthcare, real estate and renewable energies. It has offices in North America and Europe (Montreal and Prague).
Ovoclinic Barcelona is an assisted reproduction clinic located in the Sant Antoni district of the Catalan capital, specifically at 46 Comte d’Urgell street. The company is formed by a team of medical professionals with more than twenty years of experience in assisted reproduction techniques, embryologists and nurses. The amount of the operation has not been disclosed. The managing partner of Axes is Edouard Perra, who is also the CEO of Unica Clinic, a group of centers specialized in assisted reproduction treatments with facilities in Prague and Brno. It was in Brno that the original clinic was established in the early 1990s.
Read more on the subject and find the latest finance news with our companion app Born2Invest.
The managing partner of Axes is Edouard Perra, who in turn is the CEO of Unica Clinic
Also, in 2014 Unica entered into an exclusive partnership with McGill University in Montreal (Canada). Unica’s centers treat patients from more than thirty different countries and its professionals come from eight different nationalities.
Perra is also a board member of the International Fertility Alliance (IFA). It is an alliance of fertility experts, in vitro fertilization (IVF) patients, organizations and institutions. Members of this alliance include Montreal Medical International, Unidad de Medicina Reproductiva and the Hospital General de la Universidad de Valencia, among others.
Spain is one of the leading countries in assisted reproduction. There are currently 280 specialized private centers in operation, with Catalonia, Andalusia, Valencia and Madrid accounting for around 70% of the total. In recent years there has been a trend towards concentration, as a result of corporate operations led by some of the main operators in the sector.
In Spain, there are more than 200 private centers specialized in the assisted reproduction sector
The top five operators brought together 56% of the aggregate turnover of specialized centers in 2019, according to Informa’s latest DBK Sector Observatory. The combined market share of the top ten group slightly exceeded 70%. In 2021, a rebound in demand is expected, sustained by the implementation of treatments postponed in the previous year, so that the turnover generated by assisted reproduction centers could recover the levels reached in 2019.
The downward trend in the fertility rate, driven by the increase in the average age of the first childbearing among Spanish women, continues to provide a favorable framework for the demand for assisted reproduction services to continue to grow in the medium term.
In recent weeks, the assisted reproduction sector has been in turmoil
The Generalife group, owned by the Investindustrial investment fund, will soon open a specialized practice in the heart of Milan, just a few meters from the Duomo. The Milan center will be added to the Italian facilities of Genera Roma, Genera Umbria (Perugia), Ruesch Genera Napoli (Naples), Genera Veneto (Venice), Demetra Firenze (Florence), Demetra Grosseto and Livet (Turin). In addition, EQT and Investindustrial have joined forces in a research project with the launch of the Novalbufera Business company. EQT, controlled by the Swedish Wallenberg family, took control of Igenomix in 2019. Since its entry, the company has grown to 19 laboratories spread across more than ten different countries.
__
(Featured image by satyatiwari via Pixabay)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in PlantaDoce, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
-
Markets1 week ago
Why FCOJ Futures Closed Lower This Past Week
-
Crowdfunding1 day ago
Lemonway Case: InnovUp’s Appeal to Bankitalia to Prevent the Halt to Italian Lending Crowdfunding
-
Cannabis2 weeks ago
France Proposes to Classify CBD as a Toxic Substance at European Level
-
Fintech1 week ago
Paybyrd Chooses Mangopay to Optimize its Merchants’ Payment Experience