New York (August 2009) - California Cryobank, the nation's leading sperm bank has acquired Park Avenue Fertility, located in the heart of Manhattan. The acquisition marks the first time that any national sperm bank will be able to offer local services in both Los Angeles and New York - the country's two largest markets for reproductive medicine.
"California Cryobank has always aimed at providing the highest standards of service possible," Dr. Charles Sims, co-founder, explains. "Our Park Avenue facility will allow residents of the tri-state area convenient and direct access to all of our services, including local donor specimen pickup within the next few months."
California Cryobank regularly ships all over the United States and provides local services in Los Angeles, CA, Palo Alto, CA, and Cambridge, MA. The new Park Avenue facility means their New York area clients can save hundreds of dollars in shipping fees.
This acquisition will also enable California Cryobank to expand the diversity of its donors in one of the world's premier cities. Sims believes this is a key factor for clients. "Finding as wide a variety of highly-qualified donors as possible is extremely important. We want our clients to be able to find their ideal donor and to do that, they need a wide variety of donors from which to choose."
In order to maintain the current number of nearly 300 donors, the recruiting process never stops. This is due to a combination of the stringent donor eligibility requirements and limits on the number of allowed donations. Less than 1% of all applicants actually become fully qualified California Cryobank donors.
"We're tough," Sims says with a smile, "but I'm confident the men of New York are up to the challenge."
California Cryobank, the world's leading reproductive tissue bank, offers an anonymous sperm donor program, long-term semen and embryo storage, and male infertility testing services. The company also operates an umbilical cord blood bank. The physician owned company has been in business for over 30 years, and has a reputation for high-quality, caring service.