Entrepreneur left Novo Nordisk to produce take-home sperm tests - aims for DKK 50 million in three years
A good job in Novo Nordisk did not hold back Morten G. Ulsted, age 33, when he got the opportunity to co-found medtech company Exseed Health. The firm is about to launch a product to test men's sperm quality with a smartphone, and the entrepreneur aims for a revenue of DKK 50 million (USD 7.63 million) within three years.
The fertility rate in the West is decreasing rapidly, and Denmark is no exception. According to the Danish Health Authority, one in five Danish couples are infertile, and today every twelfth child is conceived after fertility treatment.
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