Memphasys launches in vitro utilisation testing of Felix System in China

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Memphasys (ASX:MEM) has commenced in vitro utilisation testing of its Felix System in China, under an agreement with Heranova Lifesciences HK.

The testing takes place at Sichuan Jinxin Xinan Women & Children Hospital in Chengdu, a significant step in validating the Felix System's usability in China's extensive assisted reproductive treatment market.

Heranova will lead the testing, assessing the system's performance across 50 IVF cases.

The evaluation covers both the biological performance of improving key sperm parameters and exploring health economic benefits like cost savings and ease of use.

David Ali, Managing Director and CEO of Memphasys, said, "The commencement of utilisation testing with Heranova represents a critical step in establishing the Felix System's presence in Greater China. This milestone reinforces our commitment to bringing innovative solutions to global markets."

Frank Zhang, Vice President of Medical at Heranova, added, "The Felix System aligns perfectly with our mission to advance reproductive health. This testing will validate its potential to enhance patient outcomes and streamline fertility clinic operations."

China’s IVF market, currently valued at US$5.37 billion ($8.62 billion), is projected to grow significantly by 2030.

Memphasys aims to leverage this growth with the Felix System's advanced capabilities.

At the time of reporting, Memphasys' share price was $0.010.

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