Wednesday, April 11, 2012


Mr. Suresh Soni and Mr Luis Saurat announcing the joint venture between Nova Pulse IVF and IVI Spain

Nova Pulse IVF announces Joint Venture with IVI (Spain) 
Nova IVI Fertility JV to set up 25 Clinics by 2014 in India & the Middle East

Mumbai, April 11, 2012:  
Zuhaib Khan 

Nova Pulse IVF, a division of Nova Medical Centres Pvt. Ltd, today announced its partnership with IVI. IVI headquartered in Valencia, Spain has the world’s largest chain of IVF clinics.  The Joint Venture entity will be called Nova IVI Fertility.

This joint venture marks a significant milestone for Nova Pulse IVF and IVI. The collaboration of Nova Pulse IVF’s visionary management & experience in India coupled with technological and research strengths of IVI will make Nova IVI Fertility the largest of such IVF service providers in the world.

Nova Pulse IVF already has 3 existing clinics in Ahmedabad, Bangalore, and Mumbai. The JV entity shall expand to 25 clinics in India and the Middle East by Dec 2014. Nova IVI Fertility will also set up Research Foundation in the field of IVF.

Founded in Valencia, Spain in 1990, IVI is the world leader in reproductive medicine with 22 clinics spread across Europe and South America. IVI has one of the highest successful pregnancy rates in the world.  A majority of the couples, who consult IVI for infertility problems, achieve their objective. Since its inception, more than 50,000 new-borns entered the world, thanks to the advanced techniques in assisted reproduction practiced throughout the IVI network.

IVI is regarded as the world leader in infertility treatment having pioneered numerous reproductive methods and techniques, including Endometrial Receptivity Assay (ERA) – an investigation for women, who face unexplained IVF failure with no apparent cause. IVI also pioneered Vitrification techniques (preserving eggs and embryos), which is specifically helpful for fertility preservation among cancer patients requiring radio chemotherapy. 

Mr. Suresh Soni, Chairman and CEO, Nova Medical Centres, described the tie-up as a cornerstone in Nova’s journey to achieve a stronger footprint in the healthcare delivery space. “The partnership demonstrates our commitment to deliver world class quality care to our patients.  At present, 95% of the IVF sector in India is unorganised. IVF offerings in India leave much to be desired in terms of technology, standardization of internationally accepted procedures, monitoring of clinical outcomes and non-standard pricing.  We hope that our collaboration with IVI will help to bridge this gap by providing world class treatment at a cost effective price, with an aim to reach out to all classes of patients. Nova Pulse is proud to have IVI, the undisputed leader in research, technology and ethical practise as its partner. " 

Mr Luis Saurat, Director General, General Manager, IVI Madrid commented, “We are delighted to be partnering with Nova Pulse IVF. We have seen how Nova Pulse has, in a short span of time, gained acceptance across the healthcare industry amongst doctors, and patients. With our expertise in the field of reproductive medicine backed by our intensive research, training, teaching and professional excellence, we hope that Nova IVI Fertility will set new benchmark in the IVF treatment in India. " 

Dr Manish Banker, Executive Director, Nova IVI Fertility, said, “Nova Pulse IVF is committed to improving the efficacy of IVF cycles by adhering to internationally accepted protocols across Clinics and adoption of latest technologies. By joining hands with IVI, we are committed to provide highest standards of healthcare delivery to our patients. With the backup of more than 50,000 documented cycles, we have the best experience & expertise to avoid the element of error & adopt the validated protocols. At Nova IVI Fertility we aim to provide world class training to our health care professionals like consultants, embryologists, counsellors & patient care managers enabling them to give the best treatment to our patients.’’ 

About Nova Pulse IVF:
Nova Pulse IVF Clinics is a joint venture between Nova Medical Centers, India's leading short-stay surgery group, and Pulse Women's Hospital, one of the most prominent IVF Hospitals in India. Nova Pulse IVF was launched in the year 2011.

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