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November 14, 2012
09:56 EDTCPTSConceptus sees UNCAM decision to have positive net sales impact in 2Q13
Conceptus confirmed that France's UNCAM decided to remove reimbursement restrictions on the placement of the intra-tubal insert Essure for all women seeking permanent contraception. The decision is effective November 14th, the company said. This decision overturns a previous ruling that restricted French health insurance reimbursement of the hysteroscopic sterilization procedure for women under the age of 40, which went into effect on October 1, 2010. The company noted all female permanent contraception procedures in France require a four-month waiting period from the time the physician approves the procedure for the patient and Conceptus said it believes this new ruling will begin to have a positive impact on the company's net sales in the second quarter of 2013.
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