NewGen and BOBCARE Announce Strategic Collaboration to Expand Fertility Services in Kyrgyzstan
NewGenIvf Group (NASDAQ: NIVF) has announced a strategic collaboration with BOBCARE FERTILITY GROUP to expand fertility services in Kyrgyzstan. The partnership combines NewGen's technical expertise in fertility treatments with BOBCARE's regional market resources.
The collaboration includes several key initiatives:
- Enhancement of clinical protocols and patient management systems
- Knowledge exchange between fertility specialists
- Coordinated marketing and brand-building activities
- Development of specialized fertility treatments for the regional market
The partnership aligns with the China-Kyrgyzstan economic cooperation under the 'One-Belt-One-Road' framework. Kyrgyzstan represents a developing market for fertility services in Central Asia, characterized by a young population and evolving perspectives on fertility treatments.
NewGenIvf Group (NASDAQ: NIVF) ha annunciato una collaborazione strategica con BOBCARE FERTILITY GROUP per espandere i servizi di fertilità in Kyrgyzstan. La partnership combina l'expertise tecnica di NewGen nei trattamenti di fertilità con le risorse di mercato regionali di BOBCARE.
La collaborazione include diverse iniziative chiave:
- Miglioramento dei protocolli clinici e dei sistemi di gestione dei pazienti
- Scambio di conoscenze tra specialisti della fertilità
- Attività di marketing coordinate e costruzione del marchio
- Sviluppo di trattamenti di fertilità specializzati per il mercato regionale
La partnership si allinea con la cooperazione economica tra Cina e Kyrgyzstan nell'ambito del framework 'One-Belt-One-Road'. Il Kyrgyzstan rappresenta un mercato in sviluppo per i servizi di fertilità in Asia Centrale, caratterizzato da una popolazione giovane e da prospettive in evoluzione sui trattamenti di fertilità.
NewGenIvf Group (NASDAQ: NIVF) ha anunciado una colaboración estratégica con BOBCARE FERTILITY GROUP para expandir los servicios de fertilidad en Kirguistán. La asociación combina la experiencia técnica de NewGen en tratamientos de fertilidad con los recursos del mercado regional de BOBCARE.
La colaboración incluye varias iniciativas clave:
- Mejora de los protocolos clínicos y sistemas de gestión de pacientes
- Intercambio de conocimientos entre especialistas en fertilidad
- Actividades de marketing coordinadas y construcción de marca
- Desarrollo de tratamientos de fertilidad especializados para el mercado regional
La asociación se alinea con la cooperación económica entre China y Kirguistán en el marco de 'One-Belt-One-Road'. Kirguistán representa un mercado en desarrollo para los servicios de fertilidad en Asia Central, caracterizado por una población joven y perspectivas en evolución sobre los tratamientos de fertilidad.
NewGenIvf 그룹 (NASDAQ: NIVF)는 BOBCARE FERTILITY GROUP과의 전략적 협력을 발표하여 키르기스스탄에서의 생식 서비스 확대를 목표로 하고 있습니다. 이 파트너십은 NewGen의 생식 치료 기술 전문성과 BOBCARE의 지역 시장 자원을 결합합니다.
협력에는 여러 주요 이니셔티브가 포함됩니다:
- 임상 프로토콜 및 환자 관리 시스템 개선
- 생식 전문가 간의 지식 교환
- 조정된 마케팅 및 브랜드 구축 활동
- 지역 시장을 위한 전문 생식 치료 개발
이 파트너십은 '일대일로' 프레임워크에 따른 중국-키르기스스탄 경제 협력과 일치합니다. 키르기스스탄은 중앙 아시아에서 생식 서비스의 개발 시장을 나타내며, 젊은 인구와 생식 치료에 대한 진화하는 관점이 특징입니다.
NewGenIvf Group (NASDAQ: NIVF) a annoncé une collaboration stratégique avec BOBCARE FERTILITY GROUP pour élargir les services de fertilité au Kirghizistan. Ce partenariat combine l'expertise technique de NewGen en matière de traitements de fertilité avec les ressources de marché régionales de BOBCARE.
La collaboration inclut plusieurs initiatives clés :
- Amélioration des protocoles cliniques et des systèmes de gestion des patients
- Échange de connaissances entre spécialistes de la fertilité
- Activités de marketing coordonnées et construction de marque
- Développement de traitements de fertilité spécialisés pour le marché régional
Ce partenariat s'inscrit dans le cadre de la coopération économique entre la Chine et le Kirghizistan sous l'initiative 'One-Belt-One-Road'. Le Kirghizistan représente un marché en développement pour les services de fertilité en Asie centrale, caractérisé par une population jeune et des perspectives en évolution sur les traitements de fertilité.
NewGenIvf Gruppe (NASDAQ: NIVF) hat eine strategische Zusammenarbeit mit BOBCARE FERTILITY GROUP angekündigt, um die Fertilitätsdienste in Kirgisistan auszubauen. Die Partnerschaft verbindet NewGens technische Expertise in der Fertilitätsbehandlung mit den regionalen Marktressourcen von BOBCARE.
Die Zusammenarbeit umfasst mehrere wichtige Initiativen:
- Verbesserung der klinischen Protokolle und Patientenmanagementsysteme
- Wissensaustausch zwischen Fertilitätsspezialisten
- Koordinierte Marketing- und Markenbildungsaktivitäten
- Entwicklung spezialisierter Fertilitätsbehandlungen für den regionalen Markt
Die Partnerschaft steht im Einklang mit der wirtschaftlichen Zusammenarbeit zwischen China und Kirgisistan im Rahmen des 'One-Belt-One-Road'-Programms. Kirgisistan stellt einen sich entwickelnden Markt für Fertilitätsdienste in Zentralasien dar, der durch eine junge Bevölkerung und sich wandelnde Perspektiven auf Fertilitätsbehandlungen gekennzeichnet ist.
- Strategic entry into emerging Kyrgyzstan fertility market
- Access to BOBCARE's established local networks and market insights
- Three-year market expansion plan in place
- No immediate revenue projections provided
- Entering early-stage market with uncertain demand
Insights
NewGen's strategic partnership with BOBCARE represents a calculated market entry strategy into Kyrgyzstan's developing fertility services sector. This collaboration effectively reduces entry barriers by leveraging BOBCARE's established local networks while NewGen contributes its technical expertise—creating a potentially synergistic arrangement that minimizes initial investment risks.
The partnership addresses multiple dimensions of market development: clinical protocol enhancements, professional knowledge exchange, coordinated marketing, and customized fertility treatment options. This comprehensive approach suggests NewGen is pursuing a deliberate long-term strategy rather than merely testing market viability.
Kyrgyzstan's positioning within the "One-Belt-One-Road" framework potentially offers favorable conditions for healthcare investments, particularly as economic cooperation between China and Kyrgyzstan strengthens. The country's relatively young demographic profile could provide a suitable foundation for fertility services growth as cultural perspectives on reproductive technologies evolve.
While the three-year timeline indicates gradual rather than immediate financial impact, this partnership demonstrates NewGen's commitment to geographic diversification beyond its current Asian operations. Investors should note that although this represents a new growth vector, the absence of financial projections or Kyrgyzstan market size data makes quantifying potential returns difficult at this stage.
BANGKOK, March 03, 2025 (GLOBE NEWSWIRE) -- NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”), a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments, announced that it has entered into a strategic collaboration agreement with BOBCARE FERTILITY GROUP LLC (“BOBCARE”) to jointly develop fertility services in the Kyrgyzstan market.
The collaboration aims to combine NewGen’s technical expertise in fertility treatments with BOBCARE’s market resources in the region. This strategic partnership is anticipated to contribute to NewGen’s market presence over the next three years, improving the competitive position of both parties in the Kyrgyzstan market. Both companies will work together on several initiatives, including enhancing clinical protocols and patient management systems, knowledge exchange between fertility specialists, coordinated marketing and brand-building activities in Kyrgyzstan, and developing specialized fertility treatment options for the regional market.
Kyrgyzstan represents a developing market for fertility services in Central Asia. The country has shown interest in healthcare investments, alongside a developing demand for advanced reproductive technologies. Kyrgyzstan has a relatively young population with evolving perspectives on fertility treatments. The collaboration aligns with ongoing economic cooperation between China and Kyrgyzstan, which have strengthened their ties as important trade partners and sources of investment under the "One-Belt-One-Road" national cooperative framework. BOBCARE, which has recently expanded its operations in Kyrgyzstan, brings valuable local market insights and established networks. NewGen contributes its international experience in fertility treatments and technical capabilities developed across its Asian operations.
“This collaboration with BOBCARE represents a strategic opportunity to extend our services to an emerging market with significant growth potential,” said Mr. Siu Wing Fung Alfred, Founder, Chairman, and CEO of NewGen. “By combining our clinical expertise with BOBCARE’s regional presence, we believe we can effectively address the increasing demand for quality fertility treatments in Kyrgyzstan while creating value for our shareholders.”
Mr. Shi Lei, CEO of BOBCARE, added, “Our strategic partnership with NewGen marks a significant step forward in BOBCARE’s globalization endeavors. Through this collaboration, we are committed to introducing China’s elite reproductive healthcare professionals and cutting-edge technologies to Central Asia, enhancing our ability to provide patients with an unparalleled range of high-quality fertility treatment options.”
About NewGen
NewGen is a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments. With a mission to aid couples and individuals in building families regardless of fertility challenges, NewGen has dedicated itself to creating increased access to infertility treatment and providing comprehensive fertility services for its customers. NewGen’s management team collectively has over a decade of experience in the fertility industry. NewGen’s clinics are located in Thailand, Cambodia, and Kyrgyzstan, and present a full suite of services for its patients, including comprehensive infertility and assisted reproductive technology treatments, egg and sperm donation, and surrogacy, in the appropriate jurisdictions, respectively. To learn more, visit www.newgenivf.com. The information contained on, or accessible through, NewGen’s website is not incorporated by reference into this press release, and you should not consider it a part of this press release.
About BOBCARE
BOBCARE is a leading reproductive health and assisted reproduction service platform in China. Leveraging a high-standard service system, extensive market experience, and a wide user base, BOBCARE is dedicated to providing high-quality assisted reproduction services to users in China and globally, while continually promoting industry innovation and development. Initially funded by Matrix Partners, BOBCARE later received strategic investment from WeDoctor Group, a leading player in the field valued at
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Without limiting the generality of the foregoing, the forward-looking statements in this press release include descriptions of the Company’s future commercial operations, business strategy, and financial condition. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the ability of the Company and BOBCARE to successfully implement the planned initiatives in Kyrgyzstan, including the enhancement of clinical protocols, patient management systems, and knowledge exchange programs, the effectiveness of the coordinated marketing and brand-building efforts in establishing a strong market presence in Kyrgyzstan, the evolving perspectives and cultural attitudes toward fertility treatments in Kyrgyzstan, which could influence patient demand and treatment adoption, and the reliance on the strategic partner’s market resources and local expertise, which may not yield the anticipated results. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Company’s annual report on Form 20-F and other documents filed or to be filed by the Company with the SEC from time to time, which could cause actual events and results to differ materially from those contained in the forward-looking statements. Copies of these documents are available on the SEC’s website, www.sec.gov. All information provided herein is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
ICR, LLC
Robin Yang
Phone: +1 (212) 537-4406
Email: Newgenivf.IR@icrinc.com
FAQ
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