Monash IVF Tells ASX Embryo Mix-Up Was Isolated, Calls Market Drop Surprising
Monash IVF has issued a response to the Australian Securities Exchange (ASX) following a high-profile embryo mix-up that saw a woman in Brisbane give birth to a stranger's child.
The company described the incident as an "isolated incidence of human error" and said it did not anticipate the event would materially affect its share price. Earlier this month, Monash IVF's share price dropped sharply -- from AU$1.08 to a low of 69 cents -- after news of the error became public, reported ABC.
The mistake, which occurred in 2023, only came to light in February 2024 when the biological parents of the child requested to transfer their remaining frozen embryos to another........
© International Business Times
