FemBloc
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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 Announces Partnership with Refuah Health Center to Expand First-Line Access to FemaSeed® in Community-Based Care
Globenewswire· 2026-01-13 14:00
Core Insights - Femasys Inc. has announced a partnership with Refuah Health Center to enhance the adoption of FemaSeed, a fertility treatment, within community-based healthcare settings [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 [4] - The company’s lead product, FemaSeed, is a next-generation artificial insemination solution that has shown over double the pregnancy rates compared to traditional intrauterine insemination (IUI) in cases of low male sperm count [3][4] Product Details - FemaSeed is designed to deliver sperm directly to the fallopian tube, providing a safe, accessible, and cost-effective first-line treatment option before in vitro fertilization (IVF) [3] - The product is authorized for use in multiple regions, including the U.S., Europe, UK, Canada, and Israel [3] Partnership Impact - The collaboration with Refuah Health Center aims to expand patient access to FemaSeed, thereby increasing its utilization as a first-line approach in infertility treatment [1][2] - Refuah Health Center, a Federally Qualified Community Health Center, emphasizes providing evidence-based options to streamline the fertility journey for patients [7]
Femasys Secures U.S. FDA Clearance for Next-Generation FemVue Diagnostic Device
Globenewswire· 2025-12-18 14:15
Core Insights - Femasys Inc. has received FDA 510(k) clearance for its FemVue Controlled device, which integrates FemVue and FemChec technologies to enhance fallopian tube evaluation and improve workflow efficiency [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 is actively commercializing its lead product innovations in the U.S. and key international markets, including FemaSeed and FemVue [3] Product Details - The FemVue Controlled device is designed for controlled delivery of saline and air as contrast media during ultrasound imaging to evaluate fallopian tube status, enabling multiple clinical uses in one solution [2] - Femasys' fertility portfolio includes FemaSeed, which is over twice as effective as traditional intrauterine insemination (IUI) with a comparable safety profile [3] Recent Developments - FemBloc, a non-surgical permanent birth control method, received full regulatory approval in Europe, the UK, and New Zealand in 2025, with commercialization planned through strategic partnerships [4] - The FemChec product provides an ultrasound-based test to confirm procedural success, demonstrating compelling effectiveness and high satisfaction rates in initial clinical trials [4]
Femasys Announces Third Quarter Financial Results for 2025
Globenewswire· 2025-11-14 21:01
Core Insights - Femasys Inc. has achieved significant regulatory milestones, including FDA IDE approval for the final pivotal trial of FemBloc, which positions the company for potential U.S. FDA approval [3][5][19] - The company secured $12 million in financing, enhancing its balance sheet and extending its cash runway, with total potential funding of $58 million if all warrants are exercised [5][7] - Sales for the third quarter of 2025 increased by 31.4% to $729,394, driven primarily by FemBloc sales, while R&D expenses decreased significantly [6][12] Regulatory Approvals - Femasys received regulatory approvals for the complete FemBloc System in the U.K. and New Zealand, expanding access to this non-surgical permanent birth control option [3][5][19] - Initial commercial orders have been received from distribution partners in Spain and France, indicating early momentum in the European market [3][5] Financial Performance - For the third quarter of 2025, sales increased by $174,486 to $729,394 compared to the same period in 2024, primarily due to FemBloc [6] - R&D expenses decreased by 40.0% to $1,382,022, reflecting a shift towards commercialization and reduced costs [6] - The net loss for the third quarter was $4,194,821, or ($0.10) per share, an improvement from a net loss of $5,408,860, or ($0.24) per share, in the prior year [6] Cash Position - As of September 30, 2025, Femasys had approximately $4.6 million in cash and cash equivalents, with an accumulated deficit of approximately $141.9 million [7] - The company expects its current cash position, bolstered by recent financing, to fund operations into September 2026 [7] Strategic Partnerships - Femasys announced a partnership with Kebomed to commercialize FemBloc in France and the Benelux region, enhancing its distribution capabilities [5] - A partnership with Medical Electronic Systems LLC was established to provide the FemSperm™ Analysis Kit, further expanding the company's product offerings [5]
Femasys Advances Global Growth with Second Partner Order for FemBloc® in Europe
Globenewswire· 2025-11-10 14:00
Core Insights - Femasys Inc. has announced a significant initial order valued at approximately $500,000 for the commercial launch of FemBloc in France and the Benelux region, marking continued expansion in key European markets [1][2] - FemBloc is a non-surgical permanent contraceptive solution that addresses a significant unmet need in women's reproductive health, utilizing a patented delivery system to occlude fallopian tubes without the risks associated with surgical procedures [2][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 broad patent-protected portfolio of products [3] - The company is actively commercializing its lead product innovations in the U.S. and key international markets, including FemSeed and FemVue, which have shown high effectiveness and patient satisfaction [3] Product Details - FemBloc is the first and only non-surgical, in-office alternative to surgical sterilization, receiving full regulatory approval in Europe, the UK, and New Zealand in 2025 [4] - The product is designed to be cost-effective, convenient, and significantly safer than traditional surgical options, with no anesthesia, incisions, or recovery time required [2][4] Strategic Partnerships - Femasys has partnered with Kebomed, a leading distributor in Europe, to facilitate the introduction of FemBloc in France and the Benelux region, reflecting a strategic approach to market access and women's healthcare advancement [2][6] - Kebomed has a strong presence across Europe and has been focused on women's health, enhancing its portfolio through partnerships with innovators in minimally invasive gynecology [6][7]
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 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 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]
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].
Femasys Announces FemSperm™ Kit to Activate Gynecologists and Advance FemaSeed® Fertility Platform
Globenewswire· 2025-08-21 13:00
Core Insights - Femasys Inc. has launched the FemSperm Setup Kit, the first product in a new line aimed at enabling gynecologists to offer FemaSeed Intratubal Insemination, thereby expanding access to fertility treatments and driving revenue growth [1][2] - The FemSperm Setup Kit includes a pre-configured centrifuge for optimal sperm preparation, facilitating a streamlined in-office solution for gynecologists [1][2] - FemaSeed is positioned as a first-step fertility treatment that enhances natural fertilization by delivering sperm directly to the fallopian tube, showing more than double the pregnancy rates compared to traditional intrauterine insemination (IUI) in cases of low male sperm count [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 [3] - The company is actively commercializing its lead product innovations, including FemaSeed and FemVue, in the U.S. and key international markets [3] - Femasys' FemBloc product, a non-surgical permanent birth control solution, received regulatory approval in Europe and the UK in mid-2025, with commercialization planned through strategic partnerships [4]