MD Medical Group increases stake in Irkutsk Clinic

The acquisition was for a cash consideration of USD 300,000. This follows MDMG’s initial acquisition of an 80% stake, as announced in May of this year.

Established in 2007, Mother & Child Irkutsk is the only private reproduction centre in the Irkutsk region of Russia, specializing in IVF and gynecology. In 2012, Mother & Child Irkutsk handled 452 IVF cycles and 15,718 outpatient treatments, representing approximately 12% and 4% of MDMG’s respective indicators.