Follow the Money to Medical Devices & Diagnostics
Spotlight on Femasys, Inc.
Follow the Money to Medical Device & Diagnostic Opportunities highlights a newly funded medical device or diagnostic company. This includes important insights into the featured company’s product pipeline, manufacturing and business relationships, and likely sourcing opportunities.
Femasys is a U.S. private company that develops and manufactures medical devices for the treatment of infertility and cervical cancer. It raised $40 million in a completion of a Series C venture capital investment as reported in the PharmSource Lead Sheet on December 22, 2016.
- Femasys was founded in 2004
- Corporate Headquarters: Suwanee, GA
- Femasys plans to use the proceeds to support the pivotal trial of the FemBloc.
Development Phase: Pilot studies
Medical Specialty: Gynecology/Obstetrical (OB/GYN)
Purpose: Device – Therapeutic/Interventional
Type: Implant – Other
Description: A permanent, catheter-delivered contraceptive system that permanently blocks the fallopian tubes.
US – IDE approval
- August 2016: $3.3 million in a completed private equity placement
- May 2015: $10.2 million in a completed venture capital investment
Medical Device & Diagnostics Pipeline1
|Product Candidate||Indication||Medical Specialty||Purpose||Type||Status|
|Device – Therapeutic/
|Implant – Other||Pilot Studies|
|Device – Therapeutic/
Obstetrical (OB/GYN); Oncology
|Device – Collection/Storage||Instrument/Tool||Marketed/Launched|
Regulatory Approvals and Clearances
|Product Candidate||Region||Approval/Clearance||Year of Approval or Clearance|
1Source: PharmSource Lead Sheet
|Femasys, Inc.||Key Officers|
|3950 Johns Creek Court, Suite 100||Kathy Lee-Sepsick, President & CEO|
|Suwanee, GA 30024 USA||David Massie, Director, Manufacturing|
|Phone: +1-770-500-3910||Jeremy Sipos, Senior Director, R&D|
|Fax: +1-770-500-3980||Lisa Peacock, VP, Regulatory & QA|
|Web: www.femasys.com||Anna Frost, Director, Clinical Research|
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