MD Medical Group expends geography with a new clinic in Khabarovsk
MD Medical Group IPJSC (“MD Medical”, “MDMG”, "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, announces the opening of its second clinic in the Far Eastern Federal District, situated in the city of Khabarovsk.
As the most populous city in Russia's Far East, Khabarovsk stands as a vital political, educational, and cultural centre of the region. The newly established Mother & Child Khabarovsk clinic spans 560 sq m and features a women's health centre and an assisted reproductive technology (ART) department. The women's health centre will offer a full range of services, including obstetric and gynaecological consultations, pregnancy planning and prenatal care, ultrasound diagnostics, and minor gynaecological surgeries for day patients.
The ART department will provide comprehensive treatment for all types of infertility, including IVF, ICSI, PICSI, preimplantation genetic testing, and other ART procedures. To address male infertility, the clinic will offer dedicated urologist consultations and surgical retrievals to obtain samples for IVF.
The outpatient department will provide consultations in such areas as therapy, neurology, genetics, endocrinology, haematology, and oncology.
The new clinic is designed to accommodate 30,000 visits and 800 IVF cycles annually. Situated in leased premises, Mother & Child Khabarovsk has received a total investment of RUB 113 million for its opening and outfitting, financed entirely through the Company’s own resources.
MD Medical CEO Mark Kurtser said:
"The opening of our new clinic in Khabarovsk is not merely a step forward in our development; it represents a genuine opportunity for many families to fulfil their dream of having children. Currently, there is significant demand in the region for qualified reproductive healthcare. The launch of our clinic will not only improve access to high-quality medical services but also provide essential support during life's most meaningful moments."
About MD Medical Group
MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. Today, the Company manages 65 state-of-the-art healthcare facilities, including 11 multidisciplinary hospitals and 54 out-patient clinics in 30 regions of the Russian Federation. In 2023, MD Medical Group's revenue amounted to RUB 27.6 bln while EBITDA was RUB 9.2 bln. The Company's ordinary shares are traded on Moscow Exchange (MOEX: MDMG).