This Next Generation IVF Startup Facilitated The Birth Of A Baby For The First Time
Forbes Staff
Dina Radenkovic is a 29-year-old entrepreneur with a vision to revolutionize the in-vitro fertilization (IVF) industry. Her company, Gameto, has just achieved a groundbreaking milestone – facilitating the birth of a baby for the first time using its innovative technology.
Gameto’s latest breakthrough is a game-changer in the IVF space, as it seeks to provide a more comfortable and cost-effective solution for patients. The company’s proprietary product, Fertilio, has been approved by regulators in six countries and is now commercially available in Australia, Mexico, Argentina, Peru, Japan, and Paraguay.
Radenkovic’s journey began with the realization that traditional IVF methods involve invasive procedures and an extensive injection process. This led her to collaborate with a lab at Harvard’s Wyss Institute, where she discovered that it was possible to mature eggs outside the mother’s body. This innovation has enabled the development of Fertilio, which can cut the IVF injection process down by nearly 80 percent.
The new technology significantly reduces the discomfort associated with traditional IVF methods and also makes the procedure more accessible to a broader range of patients. It is estimated that this reduction in hormone injections could result in a substantial decrease in costs for patients. The implications are far-reaching, as it could potentially increase access to IVF treatment for those who may have previously been unable to afford it.
Fertilio has already shown promising results in clinical trials, with the first birth taking place recently. Radenkovic is confident that her technology will disrupt the industry and make IVF more accessible to millions of people worldwide.
“We’ve achieved so much in the past three years, and we’ve been laser focused on execution,” Radenkovic emphasizes. “I do believe that great science can be built in great companies. That’s why I went into healthcare, because you can have a positive impact as well as build a great business.”
Gameto is currently preparing for Phase 3 clinical trials in the United States, with the aim of obtaining FDA approval. However, Radenkovic remains committed to convincing the industry that it’s ready for disruption.
The company has already secured partnerships with major clinics and is working towards expanding its services globally. With this latest achievement, Gameto has taken a significant step towards revolutionizing the IVF landscape and providing much-needed support to those seeking fertility treatment.
As Radenkovic puts it, “I believe that great science can be built in great companies, because you can have a positive impact as well as build a great business.”
Source: www.forbes.com