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, announces a partnership with
HRC Fertility, one of the largest and most established providers of
IVF and fertility services in the Western U.S. HRC Fertility will
provide the Company’s FemaSeed Intratubal Insemination as an
infertility treatment option to patients at its California
locations.
“HRC Fertility’s endorsement underscores the recognition of
FemaSeed’s value, as an efficacious and accessible first-line
option for patients. We are thrilled to bring our next generation
technology to patients in California through HRC Fertility, a world
class IVF and fertility care provider. We look forward to expanding
the availability of FemaSeed through additional partnerships to
bring this vital first-line fertility treatment solution to women,”
said Femasys CEO Kathy Lee-Sepsick.
FemaSeed delivers sperm directly and safely into the fallopian
tube where conception occurs. It is intended to enhance
natural fertilization and provide a first-line treatment option for
those seeking pregnancy through artificial insemination. When
compared to other reproductive technologies, FemaSeed demonstrated
significantly higher efficacy as compared to historic intrauterine
insemination for low male sperm count and is a safe, highly
cost-effective option prior to in vitro fertilization (IVF) and
intracytoplasmic sperm injection (ICSI).
Dr. Bradford Kolb, President of HRC Fertility commented, “As a
recognized leader in fertility services, HRC Fertility is
constantly striving to advance our services and offer the latest
innovations to our patients. FemaSeed is a progressive solution for
the front end of care that will be a valuable addition to our suite
of options, demonstrating our commitment to offer patients choices
as they embark or continue their journey to parenthood.”
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 is intended to
be a first-line therapeutic choice for infertile women, men, and
couples seeking pregnancy through insemination, offering a safe,
accessible, and cost-effective approach. FemaSeed is a
revolutionary device that allows for the expansion of practice
services by enabling healthcare professionals with a more
affordable and safer alternative to assisted reproductive methods,
such as in vitro fertilization (IVF). FemaSeed received U.S. FDA
clearance (September 2023), regulatory approval in Canada (April
2023) and CE mark for Europe (June 2024). At the end of 2023,
Femasys concluded a prospective, multi-center, pivotal clinical
trial (NCT0468847) for those seeking intratubal insemination with
FemaSeed. Positive data was published demonstrating FemaSeed as a
safe and effective treatment option to achieve pregnancy in couples
with male-factor/ unexplained infertility and low male sperm
count.1 Learn more at www.femaseed.com.
About FemasysFemasys 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.
About HRC FertilityHRC Fertility is one of the
most established providers of advanced IVF and fertility care,
boasting locations across Los Angeles, Orange, San Bernardino, and
San Diego counties, with its San Francisco/Bay Area
sites opening soon. Welcoming individuals, couples, and
families from all walks of life, HRC Fertility is dedicated to
helping its patients expand or build their families or preserve
their family planning options for the future. The company was
also recognized on Newsweek’s America’s Best Fertility Clinics 2023
list and the 2024 Healthcare Leadership Awards by the Los Angeles
Business Journal. For detailed information about HRC Fertility’s
services, locations, and providers, please
visit www.HavingBabies.com
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: Matt
BlazeiIR@femasys.com
Media Contact: Kati WaldenburgMedia@femasys.com
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