Femasys (FEMY) announced its first commercial entry into Europe with an order of approximately $400,000 USD for FemBloc Permanent Birth Control in Spain, the first country with an established distribution partnership. “We are proud to be executing on our mission to expand access to FemBloc, an innovative, non-surgical solution and the only advancement in permanent birth control that offers a less invasive alternative to current and formerly available methods,” said Kathy Lee-Sepsick, Chief Executive Officer and Founder of Femasys Inc. “To support that mission, we selected our partners in Spain, Comercial Medico Quirurgica and Durgalab, based on their successful track record commercializing complex women’s health technologies like Essure permanent contraceptive. Their expertise and provider relationships make them ideal collaborators to introduce FemBloc, which will first become available in Spain, the first country in the world to offer access to this groundbreaking option. With a growing backlog of FemBloc product, we are focused on scaling production to meet anticipated demand as interest builds across Europe.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FEMY:
- Femasys Faces Nasdaq Noncompliance Notice for Stock Price
- Femasys Enters Purchase Agreement with Alumni Capital
- Femasys Gains Regulatory Approvals in Australia and New Zealand
- Femasys announces achievement of regulatory approvals in Australia, NZ
- Femasys Gains Momentum with EU Approval and Strategic Partnerships, Justifying Buy Rating
