NewGen gets $19M valuation for planned UAE cytometry business

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NewGen’s Advanced Cytometry Platform Poised for Major UAE/GCC Expansion with Big Four Valuation of US$19 Million

July 6, 2026 9:00 AM EDT

Midpoint equity value for planned UAE cell sorting entity highlights significant growth runway in high-infertility, medical-tourism hotspot

Senior Strategic Advisor Nadeem Malik, former CEO of Genetics and IVF Institute and President of Fairfax Cryobank, to spearhead commercialization

BANGKOK, July 06, 2026 (GLOBE NEWSWIRE) -- NewGen Group Limited (Nasdaq: NIVF) (NewGen or the Company), a technology-driven, diversified growth company, today announced a compelling independent valuation from a Big Four global accounting firm for its planned UAE-based cell sorting and cytometry leasing business. The Report assigns a midpoint equity value of... More