Femasys Inc., (Nasdaq: FEMY), a leading biomedical innovator
addressing significant unmet needs in women's health worldwide,
with a broad portfolio of disruptive, accessible in-office
therapeutic and diagnostic products, announces the receipt of the
Israeli Medical Device Division of the Ministry of Health’s (AMAR)
approvals for the FemaSeed® Intratubal Insemination product for
female infertility treatment and two diagnostic devices, FemVue®
for tubal evaluation and FemCerv® for cervical cancer detection.
“We remain committed to our mission of delivering critically
important technological advancements to women globally, with Israel
now added to our expanding reach.” stated Kathy Lee-Sepsick,
Femasys’ CEO. “FemaSeed, along with our entire suite of products,
has been developed to provide women with better, lower-cost and
more accessible options. We remain focused on commercial execution
in the U.S. and select other countries as we continue to expand the
availability of our much-needed product solutions.”
About FemaSeedFemaSeed® is
an innovative advancement in artificial insemination, designed to
enhance fertilization by precisely delivering sperm into the
fallopian tube, the natural site of conception. It offers a safe,
accessible and cost-effective first-line therapeutic option for
infertile women, men and couples seeking pregnancy through
insemination. FemaSeed offers a revolutionary alternative to IUI,
enabling healthcare professionals to expand their practice services
with a more effective approach as demonstrated in the pivotal trial
(NCT0468847) for low male sperm count.1 It serves as an
affordable, less burdensome and lower-risk first step before IVF.
Learn more at www.femaseed.com.
About FemVue FemVue® is the first
FDA-cleared product that creates natural saline and air contrast
for a safe, reliable, real-time evaluation of the fallopian tubes
using ultrasound. When combined with a uterine cavity assessment,
it provides a comprehensive exam in the comfort of the
gynecologist’s office. Since FemaSeed infertility treatment
requires at least one open fallopian tube, FemVue is an essential
companion diagnostic. Learn more at www.femvue.com.
About FemCerv FemCerv® is the first and
only FDA-cleared product purposefully designed to collect a
comprehensive and uncontaminated sample in a pain-free office
procedure for the detection of cervical cancer. Learn more at
www.femcerv.com.
About FemasysFemasys, an Atlanta-based leading
biomedical innovator, develops and commercializes a portfolio of
patent-protected, minimally invasive women’s health solutions, all
manufactured in the U.S. Our innovative therapeutic and diagnostic
products have received global regulatory approvals and are being
commercialized in the U.S. and select countries. FemaSeed®
Intratubal Insemination, a groundbreaking infertility treatment
delivering sperm directly to the site of conception, is U.S.
FDA-cleared and approved in Europe, Canada and Israel. FemVue®, a
companion diagnostic for fallopian tube assessment via ultrasound,
is U.S. FDA-cleared with approvals in Europe, Canada, Japan and
Israel. FemCerv®, an endocervical tissue sampler for cervical
cancer diagnosis, is U.S. FDA-cleared with approvals in Europe,
Canada and Israel. FemBloc® permanent birth control, the Company’s
late-stage product candidate, is the first and only non-surgical,
in-office, method offering significant benefits over the costly,
inconvenient, risk-laden surgical alternative. The pivotal clinical
trial (NCT05977751) is now enrolling participants for U.S.
approval. FemCath® and FemChec®, companion diagnostic products for
FemBloc’s ultrasound-based confirmation test, are U.S. FDA-cleared
and approved in Europe and Canada. Learn more at www.femasys.com,
or follow us on X, Facebook and LinkedIn.
Reference1 Liu, J. H., Glassner, M., Gracia, C.
R., Johnstone, E. B., Schnell, V. L., Thomas, M. A., L. Morrison,
K. Lee-Sepsick (2024). FemaSeed Directional Intratubal Artificial
Insemination for Couples with Male-Factor or Unexplained
Infertility Associated with Low Male Sperm Count. J Gynecol Reprod
Med, 8(2), 01-12.
Forward-Looking Statements This press
release contains forward-looking statements that are subject to
substantial risks and uncertainties. Forward-looking statements can
be identified by terms such as “may,” “will,” “should,” “expect,”
“plan,” “anticipate,” “could,” “pending,” “intend,” “believe,”
“suggests,” “potential,” “hope,” or “continue” or the negative of
these terms or other similar expressions, although not all
forward-looking statements contain these words. Forward-looking
statements are based on our current expectations and are subject to
inherent uncertainties, risks and assumptions, many of which are
beyond our control, difficult to predict and could cause actual
results to differ materially from what we expect. Further, certain
forward-looking statements are based on assumptions as to future
events that may not prove to be accurate. Factors that could
cause actual results to differ include, among others: our ability
to develop and advance our current product candidates and programs
into, and successfully initiate, enroll and complete, clinical
trials; the ability of our clinical trials to demonstrate safety
and effectiveness of our product candidates and other positive
results; estimates regarding the total addressable market for our
products and product candidates; our ability to commercialize our
products and product candidates, our ability to establish,
maintain, grow or increase sales and revenues, or the effect of
delays in commercializing our products, including FemaSeed; our
business model and strategic plans for our products, technologies
and business, including our implementation thereof; and those other
risks and uncertainties described in the section titled "Risk
Factors" in our Annual Report on Form 10-K for the year ended
December 31, 2023, and other reports as filed with the SEC.
Forward-looking statements contained in this press release are made
as of this date, and Femasys undertakes no duty to update such
information except as required under applicable law.
Contacts: Investors: IR@femasys.com
Media Contact: Media@femasys.com
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