New York City Introduces Second-Generation Female Condom; Less-Expensive FC2 Will Help City Expand Female Condom Access
16 November 2009 - 11:30PM
PR Newswire (US)
NEW YORK, Nov. 16 /PRNewswire-FirstCall/ -- New York City's
Department of Health and Mental Hygiene (DOHMH) will soon
distribute the Female Health Company's (FHC) (NASDAQ:FHCO)
second-generation FC2 Female Condom®, which received approval for
the U.S. market from the Food and Drug Administration (FDA) earlier
this year. New York City is already the nation's single largest FC1
female condom distributor. In 2008, the city's Health Department
provided more than 900,000 FC1 female condoms to hospitals, health
clinics, community-based organizations, and local screening centers
for HIV and other sexually transmitted infections. Assistant
Commissioner Dr. Monica Sweeney of the Health Department's Bureau
of HIV/AIDS Prevention and Control says that the availability of a
more cost-effective female condom for the U.S. market will help New
York City ensure affordable access to methods for the prevention of
pregnancy, HIV, and other STIs. "This is a boost for HIV and STI
prevention efforts in New York City," said Dr. Sweeney. "It is
important to find cost-effective ways to ensure access to safe and
effective HIV prevention. The new FDA-approved female condom will
expand access to woman-initiated HIV and STI prevention, and it
will help us make continued progress in reducing New York City's
HIV infection rate." To assist New York City in introducing the
second-generation female condom, FHC is participating in a one-day
education seminar in lower Manhattan on November 16. The training
workshop will include approximately 200 health educators from
across the five boroughs who will use the venue to discuss how to
introduce FC2 to clients who are currently using FC1, the
differences between FC2 and FC1, and frequently asked questions
about female condoms. The event will include a lecture by Sandra
Mapemba of the United Nations Population Fund (UNFPA), who recently
led Malawi's national transition from FC1 to FC2. "The evidence is
clear that when women and men have access to the female condom and
education on its use, it becomes a product they demand and use,"
said Ms. Mapemba. "As with any new health product, we need support
from government agencies that recognize the importance of education
programs that raise awareness of prevention methods that work.
UNFPA is excited to work with New York City to share the lessons
that we have learned internationally." "FHC invested in the
development of FC2 as part of our corporate commitment to expand
affordable access to the only method of HIV prevention that women
can initiate and negotiate with their partners," said Mary Ann
Leeper, Female Health Company's senior strategic adviser. "We're
thrilled to be working with New York City to ensure that people
living at risk for HIV have access to FC2. "The statistics show
that HIV is becoming a women's pandemic around the world, and it
has become a leading cause of death among African American and
Hispanic women in the United States," Leeper said. "CDC statistics
indicate that African American women account for 61% of HIV
infections among women in the United States, and Latino women are
four times more likely to be infected with HIV than white women. We
are focused on providing women at risk of HIV and other sexually
transmitted infections with access to a prevention method that they
can initiate and negotiate with their partners." FC2 has been
available internationally since 2005, and more than 90 countries
currently distribute it as part of their national HIV prevention
programs. Malawi, Zambia, and Zimbabwe recently became the first
countries to scale up distribution to the national level with the
support of training programs that teach women how to use the female
condom and discuss it with their partners. In fiscal year 2008,
global distribution of FC female condoms (FC1 & FC2) reached an
all-time high of nearly 35 million units. The second-generation FC2
Female Condom is made with a synthetic rubber polymer called
nitrile, while the first-generation FC1 Female Condom is made with
polyurethane. Research has demonstrated that FC2 and FC1 are
comparable in performance, and the introduction of nitrile allows
FC2 to be manufactured via a cost-efficient dipping process. The
change in manufacturing process has helped FHC to reduce the cost
of FC2 by 30 percent relative to FC1, and the company projects that
significant increases in global volume will allow further price
reductions. The FC female condom (FC1 and FC2) remains the only FDA
approved, female-initiated method of HIV prevention introduced
since the start of the global HIV/AIDS pandemic in the early 1980s.
Because the female condom can be initiated by women and inserted
before sex, it provides women and men at risk of HIV with a safe
alternative when a partner refuses to wear a male condom. More than
70 reproductive health advocacy organizations in the United States
have endorsed expanded access to the FC female condom as an
essential step toward enhancing HIV prevention for women. Media
Inquiries For more information on the NYC Health Department's
female condom distribution efforts, you can email or phone
212-788-5290. About The Female Health Company The Female Health
Company (FHC), headquartered in Chicago, IL, is the maker of the FC
Female Condom (FC1 and FC2), a revolutionary option offering women
dual protection against both sexually transmitted diseases,
including HIV/AIDS, and unintended pregnancy. FHC was created as a
worldwide company in February 1996 with the purchase of Chartex
Resources Ltd., the holder of exclusive worldwide rights to FC1.
The Company holds exclusive product and technology patents for FC1
in the United States, Australia, Brazil, Canada, France, Germany,
Italy, Spain, the United Kingdom, the People's Republic of China,
South Korea and Japan. FC2 patents have been granted in Australia
and South Africa and are pending in various other countries. FHC is
the sole manufacturer and marketer of the FC1 and FC2 female
condoms in the world. The Female Health Company and its partners
currently market the Female Condom under FC Female Condom®, FC2
Female Condom®, Reality®, Femidom®, Femy®, and Care®. "Safe Harbor"
statement under the Private Securities Litigation Reform Action of
1995 The statements in this release which are not historical facts
are forward-looking statements based upon the Company's current
plans and strategies, and reflect the Company's current assessment
of the risks and uncertainties related to its business, including
such things as product demand and market acceptance; the economic
and business environment and the impact of government pressures;
currency risks; capacity; efficiency and supply constraints; and
other risks detailed in the Company's press releases, shareholder
communications and Securities and Exchange Commission filings.
Actual events affecting the Company and the impact of such events
on the Company's operations may vary from those currently
anticipated. DATASOURCE: Female Health Company CONTACT: Bryan
Callahan, +1-202-729-4255; Investor Contacts: Donna Felch,
+1-312-595-9123 or William R. Gargiulo, +1-231-526-1244;
Product/Programs: Mary Ann Leeper, +1-434-964-1488
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