Jan 11, 2023, News Release
Governor Glenn Youngkin today announced that PS-Fertility, Inc., a life sciences start-up that will commercialize a novel male fertility diagnostic technology originally developed at the University of Virginia, will invest $1.4 million to establish an operation in Albemarle County. The company will lease 4,000 square feet of space at 3030 Vision Lane in Charlottesville, which will serve as its headquarters and house a test kit assembly operation and a diagnostic laboratory. PS-Fertility plans to create 31 new jobs.
PS-Fertility, Inc. is a life sciences start-up that will commercialize a novel male fertility diagnostic technology developed at the University of Virginia (UVA). The company has applied this technology to an innovative diagnostic product that tests for the presence of a biomarker on sperm cells necessary for fertilization, making it possible to gain more information about a male’s fertility. PS-Fertility, Inc., will use an at-home sample collection model, where individuals will mail samples to the laboratory in Albemarle County from across the country. The Virginia headquarters will serve the entire United States.
“The Virginia Economic Development Partnership comprehensively met our company’s needs, recognizing that this valuable scientific discovery made at the University of Virginia has significant benefits for people interested in reproductive health as well as to the state’s economy,” said Kevin Combs, chief executive officer of PS-Fertility, Inc. “As a result, we anticipate launching our company’s advanced testing platform to measure and analyze male fertility levels in the very near future.”