Monash IVF CEO Steps Down After Latest Embryo Transfer Mix-Up
Monash IVF Group Ltd. Chief Executive Officer Michael Knaap resigned, days after the pioneering reproductive health-care company disclosed a second embryo transfer incident that sent shares tumbling.
Malik Jainudeen, the company's longtime chief financial officer and company secretary, has been appointed acting CEO, the Melbourne-based firm said in a statement Thursday. Monash IVF pioneered the world's first IVF pregnancy in the 1970s.
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