Femasys Announces FDA Approval Of Its IDE For Pivotal Clinical Trial Of FemBloc Permanent Birth Control, A Non-Surgical Alternative For Women
Portfolio Pulse from Bill Haddad
Femasys has announced FDA approval of its Investigational Device Exemption (IDE) for a pivotal clinical trial of FemBloc, a non-surgical permanent birth control alternative for women.
June 26, 2023 | 12:01 pm
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POSITIVE IMPACT
Femasys received FDA approval for its IDE clinical trial of FemBloc, potentially leading to increased investor interest and stock price.
The FDA approval of Femasys' IDE for the pivotal clinical trial of FemBloc is a significant milestone for the company. This approval indicates that the FDA believes the device has potential and allows Femasys to proceed with the clinical trial. If the trial is successful, it could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100