The World Egg Bank Lands Funding to Launch Largest Frozen Egg Bank
Phoenix, AZ, USA, 3/12/09. The World Egg Bank today announced the completion of a comprehensive 1.5 million dollar funding package that will enable it to grow its frozen egg registry and accelerate its marketing and operations. The World Egg Bank plans to invest over $1 million dollars to build a registry of hundreds of ready-to-ship frozen donor eggs. The company, headquartered in Phoenix, Arizona, was formed from a recent merger of X and Y Consulting, the leading egg donor matchmaking agency, and Cryo Eggs International, the world’s first commercial egg bank.
“We’re focused on expanding our frozen egg donor registry to give prospective moms a wider range of options when it comes to donor selection,” said Diana Thomas, President of The World Egg Bank (www.theworldeggbank.com)
The advent of egg freezing science and frozen egg donor banks should replace the complicated procedure of using fresh donor eggs. Frozen egg donors can be selected from an online registry, and the frozen eggs can be ordered and shipped the same day to any global location. A patient’s doctor thaws the egg, fertilizes it, and transfers it in the patient’s uterus in an office procedure.
Because eggs are frozen, they can be quarantined over six months and retested for STDs prior to being offered on The World Egg Bank’s online registry. Since the eggs have already been retrieved, the patient does not need to worry about the donor changing her mind, experiencing a medical complication, or missing a crucial medical appointment. The very existence of a frozen egg on the registry means the donor has passed all screening exams and has had successful egg retrieval - leading to stress reduction, cost savings, and additional safety for the fertility patient.
Diana Thomas first encountered the fertility industry fourteen years ago, when she wanted to become a mom and realized her own eggs would not work. She went through years of personal heartache, and finally decided to seek a donor on her own. Ms. Thomas had three children with donor eggs. Based on that experience, she founded an international egg donor recruiting agency, X and Y Consulting, to help other couples find donors. The agency merged with Cryo Eggs International to form The World Egg Bank in February 2009.
