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    Monash IVF’s revenue is in "free-fall" after a string of major scandals. Is a profit drop enough "justice" for families whose lives were changed forever by lab errors?
    Australia

    Monash IVF’s revenue is in “free-fall” after a string of major scandals. Is a profit drop enough “justice” for families whose lives were changed forever by lab errors?


    Monash IVF’s revenue is in “free-fall” after a string of major scandals. Is a profit drop enough “justice” for families whose lives were changed forever by lab errors?

    https://www.news.com.au/lifestyle/parenting/pregnancy/monash-ivf-posts-profit-slump-revenue-free-fall-after-major-scandals/news-story/e8e0269f00d12a9b8662098b8a242dca

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    6 Comments

    1. Hour_Office552 on

      Profit drops aren’t justice.

      A spreadsheet taking a hit doesn’t come close to what those families live with for the rest of their lives. We’re talking about people unknowingly carrying the wrong embryo, destroyed embryos from faulty screening, lifelong identity trauma for kids, parents having to live with decisions that were never actually theirs to make… that’s not something you offset with a bad quarterly report.

      At best, financial impact is accountability in the only language large corporations tend to respond to. But justice would be systemic change, transparency, independent oversight, and safeguards that make something like this basically impossible to repeat, not just “we’re sorry and our market share dipped 2.5%”.

      You can recover revenue.

      You can’t undo putting the wrong embryo into someone.

    2. BeyoundReading on

      For context, Monash just reported a **34% drop in profit,** and they’ve lost **2.5% of their market share** in a single year.

      The company is blaming “market softness,” but it looks more like a massive loss of public trust.

    3. Frozefoots on

      Nope.

      Go after them with a class action/lawsuit. Even then, that will not be enough justice for the damage done.

    5. Gold_Afternoon_Fix on

      $50k for two shots at IVF with a 7% chance of becoming pregnant! What an unbelievable money making scam to play on people in a desperate situation. 🤬 them and they will reap what you sow!

    6. NoodleBox on

      yeah well, if you’re not testing and double checking your straws and plates you deserve it. Putting the wrong embryos into ladies and families where they now have to DNA test their kiddies again! not for secrecy reasons but to figure out who’s kiddy they’ve got!

      Fuckin… No justice for the kids – adults who are made and impacted from it.

      E: you could post this on /r/askADCP too, and I reckon it’d go off. /r/DonorConception is also a good place to have a look at (be prepared some language from us donor concieved folks can be a Bit Confronting)