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Femasys Secures FDA Approval to Advance Final FemBloc® Trial Phase and $12 Million Financing, with Potential to Reach $58 Million
Globenewswire· 2025-11-03 13:30
Core Insights - Femasys Inc. has received FDA Investigational Device Exemption (IDE) approval to continue enrollment in the final phase of the FINALE pivotal trial for FemBloc, a non-surgical permanent birth control solution, marking a significant step towards potential U.S. Pre-Market Approval (PMA) [1][2] - The company has secured $12 million in senior secured convertible notes, with total potential proceeds of $58 million if all warrants are exercised, indicating strong investor confidence in Femasys' mission to enhance women's health [1][2] Company Developments - The successful completion of Part A of the FINALE trial allows Femasys to advance to Part B, which is crucial for obtaining U.S. FDA approval for FemBloc [1][2] - The financing from institutional and accredited investors will be utilized to refinance existing debt and support the commercialization of Femasys' fertility and permanent birth control portfolio [1][2] Product Information - FemBloc is a first-of-its-kind, non-surgical solution for permanent birth control that uses a patented delivery system to create natural scar tissue in the fallopian tubes, providing a safer and more convenient alternative to surgical sterilization [2][8] - The product has already received regulatory approval in Europe, the UK, and New Zealand, with commercialization efforts underway in select European countries [8] Financial Details - The convertible notes bear an interest rate of 8.5% per annum and have a 10-year maturity, convertible into approximately 16.38 million shares of common stock at a conversion price of $0.73 per share, which is a 15% premium to the stock's closing price prior to the agreement [3][4] - The accompanying warrants include multiple classes with exercise prices ranging from $0.81 to $1.10 per share, potentially generating additional proceeds of up to $46 million if exercised for cash [3][4] Market Position - Femasys aims to redefine women's reproductive care with FemBloc, addressing a significant unmet need in the market for permanent birth control options, which currently only includes surgical sterilization in the U.S. [2][8] - The company is positioned to create long-term value for shareholders in a multi-billion-dollar market by introducing innovative solutions in women's health [2][8]
Femasys Announces Initiation of Post-Market Surveillance Study for FemBloc® Permanent Birth Control in Europe
Globenewswire· 2025-10-22 13:00
Core Insights - Femasys Inc. has initiated a post-market surveillance clinical study for its FemBloc Permanent Birth Control, marking a significant step in its European commercialization strategy under the EU Medical Device Regulation [1][2][3] Company Overview - Femasys is a biomedical innovator focused on making fertility and non-surgical permanent birth control more accessible and cost-effective for women globally, with a patent-protected portfolio of therapeutic and diagnostic products [4] - The company is actively commercializing its lead product innovations in the U.S. and key international markets, including the FemBloc and FemaSeed [4] Product Details - FemBloc is a non-surgical solution for permanent birth control that uses a patented delivery system to occlude fallopian tubes without the need for anesthesia or incisions, thus avoiding surgical risks [3][5] - The product has received full regulatory approval in Europe, the UK, and New Zealand, and is positioned to meet the strong demand for safe and accessible permanent birth control options among women [5] Clinical Study and Compliance - The post-market surveillance study aims to monitor the safety and performance of FemBloc in real-world settings, complying with the rigorous requirements of the EU MDR [2][3] - The study has received approval from multiple Ethics Committees and adheres to ISO 14155:2020 for Good Clinical Practice [2] Market Potential - FemBloc addresses a significant unmet need in women's reproductive health, with no comparable alternatives currently available, indicating a broad global market potential [3][5] - The company aims to build a foundation for broader physician adoption and reimbursement through the generation of real-world data from the clinical study [3]
Femasys to Exhibit at the ASRM 2025 Scientific Congress & Expo
Globenewswire· 2025-10-16 13:00
Core Insights - Femasys Inc. will showcase its innovative fertility solutions at the ASRM 2025 Scientific Congress & Expo in San Antonio, Texas from October 25-29 [1][4] - The company is highlighting its next-generation artificial insemination solution, FemaSeed, which has demonstrated more than double the pregnancy rates of traditional intrauterine insemination (IUI) in cases of low male sperm count [2][5] - Femasys has expanded its FemaSeed portfolio to include various kits that enable gynecologists to perform sperm preparation and offer FemaSeed directly in their practices [3] Company Overview - Femasys is a biomedical innovator focused on making fertility and non-surgical permanent birth control more accessible and cost-effective for women globally [5] - The company has a patent-protected portfolio of therapeutic and diagnostic products, including FemaSeed and FemVue, aimed at improving reproductive health [5] - Femasys has received regulatory approvals for its products in multiple regions, including the U.S., Europe, UK, Canada, Israel, Australia, and New Zealand [2][6] Product Highlights - FemaSeed is positioned as a safe, accessible, and cost-effective alternative to IUI, particularly for patients with low male sperm count [2] - The FemBloc product, a non-surgical permanent birth control solution, received full regulatory approval in Europe, the UK, and New Zealand in 2025 [6] - The FemChec diagnostic product provides an ultrasound-based test to confirm procedural success for FemBloc [6]
Femasys Accelerates European Growth for FemBloc® with Kebomed Partnership
Globenewswire· 2025-09-25 13:00
Core Insights - Femasys Inc. has partnered with Kebomed to commercialize FemBloc Permanent Birth Control in France and the Benelux region, significantly enhancing market access for this innovative product [1][2] - The collaboration is a key part of Femasys' European growth strategy following the recent CE mark approval for FemBloc, which is the only non-surgical permanent birth control option available [1][4] Company Overview - Femasys is a biomedical innovator focused on making fertility and non-surgical permanent birth control more accessible and cost-effective for women globally, with a patent-protected portfolio of products [3] - The company's lead product innovations include FemBloc and FemaSeed, with clinical data showing FemaSeed is over twice as effective as traditional IUI [3] Product Details - FemBloc is a non-surgical solution for permanent birth control that uses a patented delivery system to occlude fallopian tubes, offering a safer and more cost-effective alternative to surgical sterilization [2][4] - The product has received full regulatory approval in Europe, the UK, and New Zealand, with ongoing efforts for U.S. FDA approval through the FINALE pivotal trial [4] Strategic Partnership - Kebomed, a leading independent distributor of medical devices in Europe, will leverage its established infrastructure and expertise in women's health to drive the adoption of FemBloc [2][6] - The partnership aims to unlock significant growth potential in key European markets, particularly in France, which represents the largest market opportunity for FemBloc [2][6]
Femasys Partners with Medical Electronic Systems to Launch FemSperm™ Analysis Kit for use with FemaSeed
Globenewswire· 2025-09-22 13:00
Core Insights - Femasys Inc. has announced a partnership with Medical Electronic Systems LLC to launch the FemSperm Analysis Kit, enhancing its infertility product line and enabling gynecologists to perform in-office sperm handling for FemaSeed Intratubal Insemination [1][2] Company Overview - Femasys is a biomedical innovator focused on making fertility and non-surgical permanent birth control more accessible and cost-effective for women globally, with a patent-protected portfolio of therapeutic and diagnostic products [3] - The company’s fertility portfolio includes FemaSeed Intratubal Insemination, which has demonstrated over double the pregnancy rates compared to traditional intrauterine insemination (IUI) in cases of low male sperm count [3] Product Details - The FemSperm Analysis Kit completes the FemSperm product family, which includes the Setup Kit and Insemination Prep Kit, allowing gynecologists to conduct sperm preparation and analysis in their practices [1][2] - FemaSeed is positioned as a first step in the fertility journey, providing a safe, accessible, and cost-effective alternative to IUI, and is authorized for use in multiple regions including the U.S., Europe, UK, Canada, Israel, Australia, and New Zealand [2] Recent Developments - Femasys has received full regulatory approval for its FemBloc permanent birth control in Europe, the UK, and New Zealand, marking it as the first non-surgical, in-office alternative to traditional surgical sterilization [4] - The FemChec diagnostic product complements FemBloc by providing an ultrasound-based test to confirm procedural success, with initial clinical trials showing compelling effectiveness and high satisfaction [4]
Femasys Expands FemSperm™ Product Line with New Insemination Prep Kit to Broaden Gynecology-Based Access to FemaSeed®
Globenewswire· 2025-09-11 13:00
Core Insights - Femasys Inc. has launched the FemSperm Insemination Prep Kit, enhancing the sperm preparation process for FemaSeed Intratubal Insemination, aimed at increasing revenue growth through gynecologist activation [1][2][3] - The introduction of this kit is a significant step in Femasys' strategy to penetrate the underserved fertility market, providing a streamlined in-office solution for gynecologists [2][3] Company Overview - Femasys is a biomedical innovator focused on making fertility and non-surgical permanent birth control more accessible and cost-effective for women globally, with a patent-protected portfolio of therapeutic and diagnostic products [4] - The company’s fertility portfolio includes FemaSeed, which is positioned as a first-step infertility treatment, and FemVue, a diagnostic tool for fallopian tube assessment [4] Product Details - The FemSperm Insemination Prep Kit allows gynecologists to perform sperm preparation and offer FemaSeed Intratubal Insemination directly in their practices, addressing the needs of an estimated 10 million U.S. women facing infertility [3] - FemaSeed has demonstrated more than double the pregnancy rates of traditional intrauterine insemination (IUI) in cases of low male sperm count, making it a safer and cost-effective alternative to IVF [3][4] Market Strategy - The commercialization of FemBloc, a non-surgical permanent birth control method, has received regulatory approvals in Europe, the UK, and New Zealand, with plans for strategic partnerships to enhance market presence [5] - Femasys aims to broaden patient access to fertility treatments and strengthen its long-term revenue growth strategy by positioning FemaSeed as a first-step treatment before IVF [2][3]
Femasys Secures Regulatory Approval for FemBloc® Permanent Birth Control in New Zealand
Globenewswire· 2025-09-08 13:00
Core Insights - Femasys Inc. has received approval from New Zealand's MEDSAFE for its FemBloc Permanent Birth Control, marking a significant step in the company's global expansion strategy [1][2] - The approval follows recent CE Mark and UK approvals, indicating growing regulatory confidence in Femasys' technology [2] - FemBloc is a non-surgical solution for permanent birth control, utilizing a patented delivery system that creates natural scar tissue for permanent occlusion, offering a safer and more cost-effective alternative to surgical sterilization [3][5] Company Overview - Femasys is a biomedical innovator focused on making fertility and non-surgical permanent birth control more accessible and cost-effective for women globally, with a patent-protected portfolio of therapeutic and diagnostic products [4] - The company's fertility portfolio includes FemaSeed Intratubal Insemination and FemVue, a companion diagnostic for fallopian tube assessment, with FemaSeed showing over twice the effectiveness of traditional IUI [4] Market Context - New Zealand is identified as a strategically important healthcare market in the Asia-Pacific region, emphasizing women's health and equitable access to innovative treatments [2] - The approval of FemBloc not only validates its safety and effectiveness but also positions Femasys to provide women in New Zealand with access to a groundbreaking non-surgical permanent birth control option [2]
Femasys Closes $8 Million in Financing to Accelerate Commercialization of Fertility and Birth Control Portfolios
Globenewswire· 2025-09-02 13:00
Core Insights - Femasys Inc. has successfully closed $8 million in financing to enhance its commercialization efforts and address unmet needs in women's reproductive health [1][2] - The company focuses on making fertility treatments and non-surgical permanent birth control more accessible and cost-effective for women globally [3] Company Overview - Femasys is a biomedical innovator with a patent-protected portfolio of therapeutic and diagnostic products aimed at women's health [3] - The company's lead products include FemaSeed, an intratubal insemination treatment, and FemBloc, a non-surgical permanent birth control option [3][4] Recent Milestones - Regulatory approvals for FemBloc were obtained in Europe on June 25, 2025, and in the United Kingdom on August 20, 2025 [6] - FemaSeed received regulatory approval in Australia and New Zealand on July 1, 2025 [6] - The company made its first commercial entry into Europe with a $400,000 order for FemBloc in Spain on August 6, 2025 [6] - A partnership was established with Carolinas Fertility Institute to offer FemaSeed across eight locations [6] Leadership Commentary - CEO Kathy Lee-Sepsick emphasized the importance of the new financing in executing the company's strategy and achieving revenue growth [2] - Jorey Chernett, a major shareholder, highlighted the critical need addressed by FemBloc and expressed confidence in Femasys' mission and products [2]
美股异动 | Femasys(FEMY.US)股价重挫37% 创年内新低
智通财经网· 2025-08-26 15:39
Group 1 - The core point of the article is that Femasys (FEMY.US) experienced a significant stock price drop of 37%, reaching a new low for the year at $0.32 [1] - The company announced a public offering to raise $8 million, which will be used to support its business expansion and product development plans [1]
Femasys Announces Pricing of $8.0 Million Underwritten Public Offering
Globenewswire· 2025-08-26 03:44
Core Viewpoint - Femasys Inc. has announced a public offering of common stock and warrants, aiming to raise approximately $8.0 million to support its commercial expansion and product development efforts [2][4]. Group 1: Offering Details - The public offering consists of 10,434,586 shares of common stock and pre-funded warrants to purchase up to 11,750,000 shares, with a combined offering price of $0.36 per share and accompanying common warrant [1][2]. - The offering is expected to close on or about August 27, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - Femasys plans to utilize the net proceeds from the offering for the expansion of commercial efforts, product development, general corporate purposes, capital expenditures, and working capital [2]. Group 3: Company Overview - Femasys is a biomedical innovator focused on women's health, offering a range of in-office therapeutic and diagnostic products [6]. - The company’s fertility portfolio includes FemaSeed, which is over twice as effective as traditional IUI, and FemVue, a diagnostic tool for fallopian tube assessment [6]. - FemBloc, a non-surgical permanent birth control method, received regulatory approval in Europe and the UK in 2025, with commercialization planned through strategic partnerships [7].