Femasys Inc. Receives U.S. FDA Clearance to Market FemChec®, an Innovative Diagnostic Solution for Fallopian Tube Check
September 09 2024 - 7:30AM
Femasys, Inc., (Nasdaq: FEMY), a leading biomedical company focused
on addressing significant unmet needs of women worldwide with a
broad portfolio of in-office, accessible, and innovative
therapeutic and diagnostic products, today announced it has
received 510(k) clearance from the United States Food and Drug
Administration (FDA) for FemChec®, an innovative diagnostic
solution for checking the fallopian tubes, designed for controlled
delivery of contrast for confirmation of tubal status.
Kathy-Lee Sepsick, Femasys Founder and CEO commented, “FemChec
is an essential part of our suite of women’s health products, as it
fortifies our position to provide safe and technologically-advanced
diagnostic and therapeutic solutions addressing women’s healthcare
needs. In particular, FemChec is a key element of our FemBloc®
non-surgical permanent birth control solution as it allows for
confirmation of procedure success by the same practitioner using
natural contrast and ultrasound. This is opposed to the traditional
methodology, which requires a referral to radiology, utilizes x-ray
dye, and unnecessarily exposes the woman to radiation. We look
forward to continuing to work with FDA as we progress our FemBloc
solution through the FINALE pivotal trial, which is currently
enrolling.”
About FemChec®
FemChec is an innovative diagnostic solution designed to instill
through controlled delivery, a consistent alternating pattern of
saline and air in a continuous stream of contrast media. When used
with an intrauterine catheter, it is intended for the controlled
delivery of natural contrast during an ultrasound evaluation of the
fallopian tubes with or without the uterine cavity. Femasys is
supporting an ongoing pivotal clinical trial for our FemBloc
non-surgical permanent birth control of which FemChec is part of
the confirmation test utilized to confirm success. FemChec has
achieved U.S. FDA clearance and regulatory approval in Canada.
About Femasys
Femasys is a leading biomedical company focused on addressing
significant unmet needs of women worldwide with a broad portfolio
of in-office, accessible, and innovative therapeutic and diagnostic
solutions, including a lead revolutionary product candidate and
FDA-cleared products. FemaSeed® Intratubal Insemination, an
innovative infertility treatment designed to deliver sperm directly
where conception occurs, is FDA-cleared and has received regulatory
approval in Canada and Europe. FemBloc® permanent birth
control in late-stage clinical development is the first and only
non-surgical, in-office, permanent birth control method intended to
be a safer option for women at substantially less cost than the
long-standing surgical alternative. The Company has developed
diagnostic products that are complementary for which it has
achieved regulatory approvals to market in the U.S., Canada,
Europe, and other ex-U.S. territories, and which are
commercial-ready due to its in-house manufacturing capabilities.
Its diagnostic products include FemVue® and FemVue® Mini for
fallopian tube assessment by ultrasound, which can be used in
conjunction with FemCath®, an intrauterine catheter for selective
fallopian tube evaluation, and FemCerv®, an endocervical tissue
sampler for cervical cancer diagnosis. Learn more at
www.femasys.com, or follow us on X, Facebook and LinkedIn.
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, 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: CORE IRMatt BlazeiIR@femasys.com
Media:CORE IR Kati WaldenburgMedia@femasys.com
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