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Women's Health Weekly

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Business & Finance



Essure maker reports 82% Q2 sales growth over prior year



September 1st, 2005

Conceptus, Inc., (CPTS), developer of the Essure nonincisional permanent birth control system, reported financial results for the 3 months ended June 30, 2005.

Highlights of the company's recent progress in marketing the Essure system include:

1) U.S. Food and Drug Administration approved 4- and 5-year effectiveness rating for the Essure device that is comparable to the 3-year rating;

2) UnitedHealthcare provided favorable reimbursement coverage decision;

3) Common procedural terminology code and fee schedule loaded to payment systems of approximately 70% of payers;

4) Six Medicaid programs...


Source: Women's Health Weekly (2005-09-01)

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