Monday, November 8, 2010

ThomsonMed

ThomsonMed: Thomson Fertility Centre has been suspended from new assisted reproduction(AR) facilities. Due to news that the centre had a mix up during IVF treatment. A baby obtained through IVF had different DNA from the supposed father...

Existing patients who have commenced AR will be informed and be given a choice of whether to continue or transfer to other centres. As of FY2010, the relevant segment, Spec and Other Services, contributed approx 29.4% of rev and 18.2% of operating profit…

The likely response for remaining shareholders would be to accept the mandatory offer. With the delisting of Thomson, Raffles Medical will be a beneficiary for fund flows for investors. Furthermore, Raffles Medical will benefit from patients seeking to transfer for IVF treatments.

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