In today’s edition: a new boss with 60 minutesAn approval process to watch at the FDA, and the editorial director of MPW fortune, Ellie Austin, out of three startups to look in the fertility category.
I received so many messages from women in response to this trial. Some shared personal stories. A reader wrote that if she had decided to invest her money in their thirties, rather than spending it for three cycles of egg gel which ultimately did not lead to a baby, she would have about $ 155,000 at the bank at the retirement age. Others explained that, after having decided not to freeze the eggs because of the price, they now had trouble conceiving and felt guilty not to give priority to their fertility at all costs when they were younger.
Beyond the financial component, these experiences strengthen the mental burden that women who wish (or perhaps) children undertake if, for any reason, they must preserve their fertility. This is a complex and rarely discussed problem, but there are reasons for optimism: a handful of startups use different approaches to make eggs freezer more accessible. You will find below three of them, and unsurprisingly, they are all founded women.
Coffertility Allows women to freeze their eggs for free when they give half another family half. The startup recently closed a series of $ 7.25 million, for total funding to $ 16 million.
Freeze started as a Google public spreadsheet that its two founders compiled when looking for their own egg freezing cycles. It is now a company built around its compare clinical tool, which gives women information on clear and detailed prices for more than 500 clinics in the United States and abroad.
GametoA biotechnology company works on a “light” version of IVF which uses ovarian support cell technology to ripen eggs outside the body. The goal? To considerably reduce the number of hormone injections – and time – required for IVF and egg freezing cycles in the hope of reducing the cost and invasive nature of fertility treatments. The technology resulted in its very first birth at the end of last year.
These companies are light points in an industry which is sometimes accused of making enormous benefits on fears of women. Let me know if there are other fertility startups aware of the costs that should be on my radar.
Ellie Austin
Ellie.austin@fortune.com
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Also in the headlines
– Difficult question. An analyst from Morgan Stanley had a difficult question for GM CEO, Mary Barra, after the automaker’s income earlier this week: “How does GM expect to be profitable with electric vehicles when players like Tesla can not apparently?” Fortune
– Top work. Journalist Tanya Simon will take over as a producer of 60 minutes –And will be the first woman to manage the inherited program. The last executive producer of the program left after a confrontation with the ownership of his management of President Trump’s trial against CBS for the editing of a 60 minutes Interview with vice-president Kamala Harris. Paramount settled with Trump for $ 16 million. Cnn
– The show will not continue. The artist Amy Sherald, known for his portrait of Michelle Obama, canceled a show at the Smithsonian. She learned that one of her paintings – from a transgender statue of freedom – was perhaps directed to the exhibition to avoid anger of the Trump administration. New York Times
– Development of drugs. News of Sprout Pharmaceuticals, the company led by Cindy Eckert which makes the drug Addyi, a pill which deals with low libido in women: the FDA has granted a priority review to extend the use of Addyi to include menopausal women.
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Words of separation
“I always chose the photo that I thought I looked to look pretty, the voice in which I sounded the most beautiful. For the first time with this album, I think I was just tired of chasing beauty.”
– singer Laufey on the priorities that we have “taught as women” as women ”
