Sarasota-based INVO Bioscience, Inc. (NASDAQ: INVO), a medical device company focused on commercializing the world’s only in vivo Intravaginal Culture System (IVC), INVOcell®, an effective and affordable treatment for patients diagnosed with infertility, recently announced it has entered an exclusive distribution agreement with Galaxy Pharma Ltd. to distribute the INVOcell system within Pakistan. Galaxy Pharma is a leader in providing products and services to the country’s current full-service In Vitro Fertilization (IVF) facilities, and has joint ventures operating an additional 21 facilities focused on administering Intrauterine Insemination (IUI) via OBGYN’s.
With a population of approximately 212 million people, Pakistan is the fifth most populous country in the world. Currently, only 6,000 IVF cycles are conducted annually through 25 IVF centers which are located across just five out of the 25 major cities within the country.
About Galaxy Pharma
Galaxy Pharma was established in 2003 and today is one of Pakistan’s leading pharmaceutical companies in the field of Gynecology and Oncology. Galaxy has exclusive marketing and distribution rights in Pakistan from many of the world’s leading multinational pharmaceutical companies. In addition to servicing almost all IVF centers in Pakistan, the company also has established joint venture agreements to operate 21 fertility centers focused on performing intrauterine insemination, or IUI, which are also trained on ovarian stimulation. Overall, the company has a network of distribution offices in 46 cities, with over 200 sales and 35 field staff. For more information, please visit http://www.galaxypharma.com/.
About INVO Bioscience®
INVO Bioscience is a medical device company focused on creating simplified, lower-cost treatments for patients diagnosed with infertility. Their solution, the INVO® Procedure, is a revolutionary in vivo method of vaginal incubation that offers patients a more natural and intimate experience. Their lead product, the INVOcell®, is a patented medical device used in infertility treatment and is considered an Assisted Reproductive Technology (ART). The INVOcell® is the first Intravaginal Culture (IVC) system in the world used for the natural in vivo incubation of eggs and sperm during fertilization and early embryo development, as an alternative to traditional In Vitro Fertilization (IVF) and Intrauterine Insemination (IUI). Our mission is to increase access to care and expand fertility treatment across the globe with a goal to lower the cost of care and increase the availability of care. For more information, please visit https://invobioscience.com/.