Femasys (FEMY) said Thursday that the US Patent and Trademark Office has granted a notice of allowance for an application covering the use of FemaSeed for female infertility treatment.
The company said it expects the patent to last until at least 2044.
Femasys added that it plans to file more patent applications to protect FemaSeed, FemBloc permanent birth control, and other diagnostic products, such as FemVue, FemCath, and FemCerv.
Shares of Femasys rose past 4% in recent trading activity.
Price: 1.11, Change: +0.05, Percent Change: +4.72
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