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Femasys | 10-K: Annual report

Femasys | 10-K: Annual report

Femasys | 10-K:年度報表
美股sec公告 ·  03/28 22:39
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Femasys, a biomedical company specializing in women's reproductive health solutions, has reported a decrease in sales for the year ended December 31, 2023. Sales dropped by 11.1% to $1,071,970 from $1,206,218 in the previous year, attributed to a 7.0% decrease in U.S. sales and a 49.9% decrease in international sales. Despite the decline in sales, the company has made significant progress in product development and regulatory approvals. Femasys received FDA clearance for its artificial insemination solution, FemaSeed, and began commercial launch in March 2024. The company also announced the initiation of the FINALE pivotal trial for its non-surgical permanent birth control solution, FemBloc. Looking ahead, Femasys plans to continue its clinical trials, seek regulatory approvals, and expand commercialization efforts. The company's financial position remains stable with sufficient cash to fund operations into the second half of 2025, although additional funding will be necessary to complete product development and commercialization.
Femasys, a biomedical company specializing in women's reproductive health solutions, has reported a decrease in sales for the year ended December 31, 2023. Sales dropped by 11.1% to $1,071,970 from $1,206,218 in the previous year, attributed to a 7.0% decrease in U.S. sales and a 49.9% decrease in international sales. Despite the decline in sales, the company has made significant progress in product development and regulatory approvals. Femasys received FDA clearance for its artificial insemination solution, FemaSeed, and began commercial launch in March 2024. The company also announced the initiation of the FINALE pivotal trial for its non-surgical permanent birth control solution, FemBloc. Looking ahead, Femasys plans to continue its clinical trials, seek regulatory approvals, and expand commercialization efforts. The company's financial position remains stable with sufficient cash to fund operations into the second half of 2025, although additional funding will be necessary to complete product development and commercialization.
專門從事女性生殖健康解決方案的生物醫學公司Femasys報告稱,截至2023年12月31日的年度銷售額有所下降。銷售額從去年的1,206,218美元下降了11.1%,至1,071,970美元,這要歸因於美國銷售額下降了7.0%,國際銷售額下降了49.9%。儘管銷售額下降,但該公司在產品開發和監管批准方面取得了重大進展。Femasys的人工授精解決方案FemaSeed獲得了美國食品藥品管理局的批准,並於2024年3月開始商業上市。該公司還宣佈啓動其非手術永久節育解決方案FemBLOC的FINALE關鍵試驗。展望未來,Femasys計劃繼續進行臨床試驗,尋求監管部門的批准,並擴大商業化工作。儘管需要額外資金來完成產品開發和商業化,但該公司的財務狀況保持穩定,有足夠的現金爲2025年下半年的運營提供資金。
專門從事女性生殖健康解決方案的生物醫學公司Femasys報告稱,截至2023年12月31日的年度銷售額有所下降。銷售額從去年的1,206,218美元下降了11.1%,至1,071,970美元,這要歸因於美國銷售額下降了7.0%,國際銷售額下降了49.9%。儘管銷售額下降,但該公司在產品開發和監管批准方面取得了重大進展。Femasys的人工授精解決方案FemaSeed獲得了美國食品藥品管理局的批准,並於2024年3月開始商業上市。該公司還宣佈啓動其非手術永久節育解決方案FemBLOC的FINALE關鍵試驗。展望未來,Femasys計劃繼續進行臨床試驗,尋求監管部門的批准,並擴大商業化工作。儘管需要額外資金來完成產品開發和商業化,但該公司的財務狀況保持穩定,有足夠的現金爲2025年下半年的運營提供資金。
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