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Femasys Advances FemBloc Toward U.S. Approval with Initiation of Pivotal Trial Enrollment
Globenewswire· 2026-03-10 13:00
Core Insights - Femasys Inc. has initiated patient enrollment in the FINALE pivotal trial for FemBloc, a non-surgical permanent birth control solution, following FDA approval based on positive clinical data [1][2] - FemBloc is already being commercialized in Europe and other countries, aiming to provide a safer and more accessible alternative to surgical sterilization [1][2] Company Overview - Femasys is focused on making fertility and non-surgical permanent birth control more accessible and cost-effective for women globally, with a broad portfolio of patented therapeutic and diagnostic products [4] - The company has received regulatory approvals for FemBloc in Europe, the UK, and New Zealand, with plans for strategic partnerships to enhance commercialization [5][6] FINALE Trial Details - The FINALE trial is a prospective, multi-center, open-label study assessing the safety and effectiveness of FemBloc, with an initial roll-in enrollment of 50 women completed [3] - The primary endpoint of the trial is the pregnancy rate after one year of using FemBloc, with an interim analysis planned after 300 participants complete one year [3] Product Features - FemBloc utilizes a patented delivery system to place a proprietary blended polymer into the fallopian tubes, forming natural scar tissue for permanent occlusion [2] - This non-surgical method aims to reduce procedural risks and healthcare costs associated with traditional surgical sterilization [2]
Femasys Announces FemBloc® Permanent Birth Control Has Achieved MDSAP Certification, Advancing Global Market Access
Globenewswire· 2026-02-26 14:00
Core Insights - Femasys Inc. has announced that its FemBloc permanent birth control system has achieved MDSAP certification, which will facilitate regulatory and commercial execution in key global markets [1][2] - The MDSAP certification enhances the company's manufacturing credibility and operational scalability, supporting ongoing commercialization in Europe and enabling market entry in additional high-value regions [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 through a patent-protected portfolio of products [3] - The company is actively commercializing its lead product innovations in the U.S. and key international markets, including a fertility portfolio that features FemaSeed, FemSperm, and FemVue [3] Product Details - FemBloc is a non-surgical solution for permanent birth control that addresses the unmet need in women's reproductive health by using a patented delivery system to create natural scar tissue for permanent occlusion [2][4] - The product has received full regulatory approval in Europe, the UK, and New Zealand, and its commercialization will be completed through strategic partnerships in select European countries [4]
Femasys Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Requirement
Globenewswire· 2026-01-14 14:00
Core Viewpoint - Femasys Inc. has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement of $1.00 per share, now having until July 13, 2026, to meet this requirement [1][2]. Company Compliance Status - The extension does not affect the continued listing status of Femasys' common stock on Nasdaq, and compliance will be confirmed if the stock price remains at or above $1.00 for ten consecutive business days [2]. - Femasys is committed to regaining compliance and plans to monitor its share price closely, taking necessary actions within the extension period [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 over twice as effective as traditional IUI, and FemVue, a diagnostic tool for fallopian tube assessment [4]. - FemBloc, a non-surgical permanent birth control method, received regulatory approval in Europe, the UK, and New Zealand in 2025, and is being commercialized through strategic partnerships [5].
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 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 Secures UK Regulatory Approval of FemBloc Permanent Birth Control
Globenewswire· 2025-08-20 13:00
Core Insights - Femasys Inc. has received MHRA approval for its FemBloc Permanent Birth Control, marking a significant step in its European commercialization strategy [1][2] - The approval follows the CE mark received earlier and positions Femasys to secure strategic partnerships for commercialization in the UK [2] - FemBloc is a non-surgical solution for permanent birth control, utilizing a patented delivery system to create natural scar tissue for occlusion, thus avoiding the risks associated with surgical sterilization [3][5] Company Overview - Femasys is focused on making fertility and non-surgical permanent birth control more accessible and cost-effective through a patent-protected portfolio of products [4] - The company is actively commercializing its innovations in the U.S. and key international markets, with a fertility portfolio that includes FemaSeed and FemVue [4] - FemBloc is the first non-surgical, in-office alternative to surgical sterilization, with plans for commercialization through strategic partnerships in select European countries [5] Market Context - The UK is one of the largest healthcare markets in Europe, emphasizing women's health solutions, which provides a favorable environment for innovative technologies like FemBloc [2] - The single-payer NHS system in the UK facilitates the adoption of technologies that improve access and reduce costs [2] - FemBloc's approval validates its safety and effectiveness, allowing Femasys to cater to a diverse patient population in this critical market [2]