Monash IVF CEO resigns after the fertility giant has allowed two embryo glues in so many months
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The CEO of controversial monash IVF has resigned after the fertility Giant admitted his second embrybungle in so many months.
Monash IVF Group Chief Executive Michael Knaap rejected the role he had fed since 2019 on Thursday.
Chief Financial Officer Malik Jainuden has been appointed as acting CEO, the Australian Financial Review reported.
The board said that it recognized and respected Mr Knaap’s decision in a short statement.
Monash IVF said that Knaap ‘had led the organization through a period of considerable growth and transformation, and we thank him for his years of dedicated service. “
His resignation comes after Monash shares fell 20 percent on Tuesday after a statement was shared with the ASX over the second Bungle of the clinic.
Monash said that a patient in their Clayton clinic would receive an embryo from her partner because they wanted to have a baby, but instead had transferred her own embryo to her on 5 June.
It started an investigation and apologized to the couple involved.

The CEO of controversial Monash IVF has resigned after the fertility giant has admitted its second embrybungle in so many months (Monash IVF in Clayton, Melbourne, is depicted)

Monash IVF Group Chief Executive Michael Knaap (photo) resigned on Thursday. He was Chief Executive of the fertility giant since 2019
“Start immediately, Monash IVF will implement interim additional verification processes and protections of the patient protection over normal practice,” said the statement.
“Monash IVF has extended his sincere apologies to the affected couple, and we will continue to support them.”
Victorian Minister of Health Mary-Anne Thomas said that the mix was ‘completely unacceptable’.
“It is very clear to me that the Board of Monash IVF must look carefully at what is going on,” said Thomas.
‘It is clear that their standards for clinical administration are not what they should be. This will be quite devastating for the couple in the heart of this.
This follows the admission of Monash IVF in April that an error in his Brisbane clinic led to a mother of Queensland unconsciously supplied the baby from another couple.
The clinic had wrongly implanted her with the embryo of another couple.
The two families affected by the Bungle are reportedly deeply sad and consider legal steps.
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