MD Medical strengthens presence in Khanty-Mansi Autonomous Area
MD Medical Group IPJSC (“MD Medical”, “MDMG”, "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, announces the opening of its IVF clinic in Surgut.
The newly established Mother & Child Surgut women's health centre spans 558 sq m and features a polyclinic department and an assisted reproductive technology (ART) department. The polyclinic department will offer a full range of services, including laboratory diagnostic, obstetric and gynaecological and geneticist’s consultations, pregnancy planning and prenatal care, ultrasound diagnostics, and minor gynaecological surgeries for day patients. If necessary, the patients of the clinic will be able to obtain advice from other specialized specialists in the multidisciplinary clinic MD GROUP Biomedicine acquired in 2023.
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 new clinic is designed to accommodate 12,000 visits and 800 IVF cycles annually. Situated in owned premises, Mother & Child Surgut has received a total investment of RUB 163 million for the acquisition of real estate, its opening and outfitting, financed entirely through the Company’s own resources.
MD Medical CEO Mark Kurtser said:
“In 2023, we acquired four multidisciplinary clinics including two clinics in Surgut in one of the leading regions of Russia - Khanty-Mansi Autinimous Area. And as planned upon acquisition, we are strengthening our presence in the region by adding our leadership competencies in women’s health and ART. Today, using the latest advances in reproductive medicine, we are starting to help families from Yugra realize their dream of children”.
About MD Medical Group
MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. Today, the Company manages 87 state-of-the-art healthcare facilities, including 14 multidisciplinary hospitals and 73 out-patient clinics in 35 regions of the Russian Federation. In 2024, MD Medical Group's revenue amounted to RUB 33.1 bln while EBITDA stood at RUB 10.7 bln. The Company's ordinary shares are traded on Moscow Exchange (MOEX: MDMG).