Crowdfunding Lowers Costs of Invitro Fertilization

Effortless IVF’s crowdfunding campaign for 100 “founder” patients who paid CDN$4,000 has apparently paid off.

The Calgary company has an approved device that saves patients money by letting embryos multiply inside the mother’s body instead of a petri dish.

The egg and sperm are given “five minutes to mingle outside the patient’s body before they’re put in a plastic box that goes into the patient’s vagina.”

The INVO Cell is FDA approved and live birth rates were similar in a randomized study. Costs for the treatment will be about 50% less than traditional IVF.

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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