The Hindu Business Line : Cryos sets up sperm banks in Mumbai

Over the next two months, two more sperm banks will be opened — in Ahmedabad and New Delhi, Mr Dilip Patil, Managing Director of Cryos International India told Business Line. And in the next 18 to 24 months, another seven such facilities would be set up across the country, he added.

Denmark-based Cryos International has a worldwide network of sperm banks and related products and the Indian outfit is its franchisee, he said.

As part of the agreement, Cryos International will give the local outfit technology and protocols, besides training its staff in India and Denmark, he added.

While regulations are yet to be outlined for the sector, he said, the company was following the Indian Council of Medical Research’s (ICMR) guidelines.

Banking on funds

Mr Patil is also the founder-director of Trivector Scientific International, the 15-year old company that sets up IVF labs for hospitals and other medical institutions.

IVF or In vitro fertilisation is a technique where a woman’s eggs cells are fertilised by the sperm outside the womb.

The Rs 15-crore Trivector has invested Rs 1.5 crore in the sperm bank at Mulund, Mumbai. It would rely on banks to raise additional funds for expansion across the country, Mr Patil said.

The sperm bank would collect samples from donors, for use by infertile couples. The information would be confidential and the donor would be compensated, he said.

There would also be donors who would bank their semen for their own use later, specially in cases where the individual is under some medical treatment or is in a different country and wants “to start a family in absentia”, he explained.

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