A smooth delivery for Virtus?

This provider of IVF services looks attractive but James Carlisle, with two specific concerns, wonders if it’s ‘all hat and no cattle’.

If ever there was a people business, it’s Virtus Health. This is a company that pays people to help people make new people. When it starts trading on the ASX next week, more people (us) will get the chance to participate in this grand enterprise – at a distance and with no need of any donations.

Virtus is the largest Australian provider of ‘assisted reproductive services’ (ARS), with a share of about 35% of the national market and about 44% in its home markets of New South Wales, Victoria and Queensland.

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