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CONCEPTUS’ ESSURE® PROCEDURE FOCUS OF MULTIPLE ABSTRACTS AND POSTER PRESENTATIONS AT ACOG Investigators Win Blue Ribbon Awards for their Presentations
San Carlos, Calif. (May 17, 2005) – Conceptus, Inc. (Nasdaq: CPTS),today announced that its Essure® procedure was the focus of multiple abstracts and poster presentations at the American College of Obstetricians and Gynecologists (ACOG) Annual Clinical Meeting held in San Francisco, Calif. May 7-11, 2005.
Five abstracts on the Essure procedure were accepted by ACOG including a clinical investigation paper presented by Rafael Valle, M.D. entitled, “Concomitant Essure Tubal Sterilization and Gynecare Thermachoice Endometrial Ablation: Feasibility and Safety.” The data presented provide compelling reasons for combining non-incisional tubal sterilization with endometrial ablation. Two posters, one by Jose Arjona, M.D. and the other by John Kerin, M.D., Ph.D., were awarded blue ribbons for their topics for being “most interesting.” The abstracts were reviewed by the Committee on Scientific Program and are as follows:
Conceptus supported two Post Graduate Courses that helped train approximately 160 physicians by Barbara Levy, M.D. and Robert Zurawin, M.D. in hands-on operative hysteroscopy. The goal of the course was to highlight the importance of the hysteroscopic approach in advancing minimally invasive surgery in the gynecology practice. Conceptus also sponsored a standing-room-only CME breakfast symposium featuring presentations on hysteroscopic sterilization as an office based alternative to traditional laparoscopic procedures. By popular request, a meeting was held to update clinicians on the current reimbursement status of hysteroscopic tubal sterilization in light of the new CPT code which went into effect at the start of 2005. “The Essure procedure was well-represented at this year’s ACOG meeting and our booth was filled with attendees who heard presentations on long-term data and on performing the procedure in-office,” said Mark Sieczkarek, president and CEO of Conceptus. “We continue to increase the volume of data that supports the Essure procedure as a safe, efficacious and cost-effective procedure for permanent birth control. The high level of excitement and interest physicians have for this procedure continues to grow as awareness grows throughout the medical and patient community.” About Essure The Essure procedure deploys a soft micro-insert into the fallopian tube through the cervix using a minimally invasive transcervical tubal access catheter. Once in place, the device is designed to elicit tissue growth in and around the micro-insert to form an occlusion or blockage in the fallopian tube. An Essure procedure does not require cutting or penetrating the abdomen and can be performed in a less costly procedure setting without general anesthesia. A woman is able to return home about 45 minutes after the procedure is completed. There is a three-month waiting period after the procedure during which women must use another form of birth control. Essure is 99.80% effective after three years of follow-up. About Conceptus Conceptus, Inc. manufactures and markets Essure, an innovative medical device and procedure, designed to provide a non-incisional alternative to tubal ligation, which is the leading form of birth control worldwide. The availability of Essure in the U.S. is expected to open up a market currently occupied by incisional tubal ligation and vasectomy, which combined account for over 1 million procedures annually. Additional information about the Essure procedure is available at www.essure.com or by calling the Essure Information line at 1-877-ESSURE1. Additional information about Conceptus is available at www.conceptus.com or by calling 1-877-ESSURE2. Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements, the accuracy of which is necessarily subject to risks and uncertainties. FDA approvals on 4 and 5 year effectiveness, post approval study for placement rates, comparisons to surgical alternatives, the effect of these items on commercialization efforts, and the worldwide market for permanent birth control, among other matters discussed in this release, may differ significantly from the discussion of such matters in the forward-looking statements. Such differences may be based upon factors such as strategic planning decisions by management, re-allocation of internal resources, decisions by insurance companies, delays by regulatory authorities, scientific advances by third parties, and introduction of competitive products, as well as those factors set forth in the Company's most recent Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q, and other filings with the Securities and Exchange Commission.
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