Spermosens recruits first couple for clinical study on next-generation male fertility diagnostic product
Spermosens AB (“Spermosens” or the “Company”) is pleased to announce a significant milestone in its clinical study of the next-generation fertility diagnostic product. The first couple has now been recruited for the study, which is designed to assess the diagnostic value of JUNO-Checked in male infertility.
The clinical study, currently underway at the Reproductive Medicine Center (RMC) in Malmö, follows ethical approval for the study. Spermosens’ next-generation device, developed in collaboration with Flex Medical Solutions (FMS), features improved performance and faster read-out times, offering more precise diagnostic measurement of sperm quality and its interaction with the egg. These insights are expected to help fertility specialists personalise treatments and improve IVF outcomes.
Tore Duvold, CEO of Spermosens, comments: "We are excited to have recruited the first couple for the ongoing clinical study, a critical step in demonstrating the clinical utility of Spermosens products. Male infertility continues to be an underdiagnosed issue, and our technology has the potential to transform fertility diagnostics. This study is pivotal in our strategy to bring JUNO-Checked to market through strategic partnerships and licensing agreements.”
About Reproductive Medicine Center (RMC). RMC is a leading fertility clinic located in Malmö, Sweden, renowned for its comprehensive and advanced reproductive healthcare services. The center specializes in offering a wide range of fertility treatments, including in vitro fertilization (IVF), Intra Cytoplasmic Sperm Injection (ICSI) and other assisted reproductive technologies. With a dedicated team of experienced medical professionals, state-of-the-art facilities, and a patient-centered approach, RMC is committed to providing personalized care and achieving the best possible outcomes for individuals and couples seeking to overcome infertility. The center also actively engages in cutting-edge research to continually improve and innovate in the field of reproductive medicine.
About JUNO-Checked. Spermosens’ product is an innovative diagnostic technology designed to enhance fertility treatment outcomes. This unique product focuses on evaluating sperm quality by providing precise diagnostic information, which can potentially aid in personalized fertility treatments. JUNO-Checked aims to increase fertility rates and streamline treatment processes, offering hope to individuals and couples struggling with infertility. By leveraging advanced scientific research and cutting-edge technology, Spermosens AB is committed to making a meaningful impact in the field of reproductive medicine.
About Flex Medical Solutions (FMS). Flex Medical Solutions (FMS) is an industry-leading provider of medical device design, development, and manufacturing solutions. With a focus on delivering innovative, high-quality medical technologies, FMS collaborates with companies around the world to bring breakthrough medical products to market. By combining cutting-edge technology with expertise in regulatory compliance and production, FMS is committed to accelerating healthcare innovation. The collaboration with Spermosens underscores FMS’s mission to support life-changing diagnostics, especially in the field of reproductive health.
About the ART market*. The global market for IVF is estimated to be worth approximately USD 25 billion in 2023, with an annual growth rate of about 6% projected until 2030. Spermosens estimates the sales potential for JUNO-Checked to be approximately USD 600 million, based on three million annual IVF treatments and an assumed average price of USD 200 per cassette. Globally, 3-4 million IVF treatments are performed annually, with fewer than 1 in 5 being successful. According to the latest data from 2019, more than one million treatment cycles were reported in Europe. Japan, one of the largest markets with a 10 percent growth rate, reported over 498,000 treatment cycles in 2021. In the USA, over 413,776 cycles of assisted reproductive technology (ART) were conducted at 453 reporting clinics in 2021. The primary market for the Company's assisted reproductive technology (ART) is the world's IVF clinics, which collectively perform over 3 million IVF treatments each year. Additionally, Spermosens is exploring adjacent market opportunities beyond IVF clinics, including sperm banks, assessing sperm quality prior to IVF treatment, and for veterinary applications.
For more information, please contact:
Tore Duvold, CEO
[email protected]
Spermosens AB is a pioneering biotechnology company dedicated to advancing fertility treatments through innovative diagnostic solutions. Based in Sweden, Spermosens specializes in developing cutting-edge technologies that improve fertility outcomes and simplify the treatment process for individuals and couples facing infertility challenges. The proprietary JUNO-Checked product aims to enhance the precision and effectiveness of fertility diagnostics, ultimately helping more people achieve their dream of parenthood. Committed to scientific excellence and patient care, Spermosens collaborates with leading research institutions and commercial partners to bring transformative solutions to the market. The company's shares are listed on the Spotlight Stock Market. The shares have ISIN code SE0015346424 and are traded under the short name SPERM. For more information, see www.spermosens.com