Conceptus Partners With Global Public Relations Agency Cohn & Wolfe Healthcare.Business Editors & Health Writers SAN CARLOS, Calif.--(BW HealthWire)--Oct. 23, 2000 Conceptus conceptus /con·cep·tus/ (-tus) the product of the union of oocyte and spermatozoon at any stage of development from fertilization until birth, including extraembryonic membranes as well as the embryo or fetus. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM:CPTS CPTS Certified Penetration Testing Specialist (network security) CPTS Comptroller Squadron CPTS Computer Program Test Specifications CPTS Catastrophe Personnel Tracking System CPTS Claims Procedure Training Specialist ) has named Cohn & Wolfe Healthcare, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of as its public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most agency of record. Cohn & Wolfe Healthcare will work with Conceptus to develop and implement a comprehensive plan for global corporate and product communications. The cornerstone of this partnership is communications development and product positioning for the Company's investigational STOP(TM) device, a non-surgical alternative to tubal Tubal (t `bəl), in the Bible, son of Japheth. ligation ligation /li·ga·tion/ (li-ga´shun) the application of a ligature.tubal ligation sterilization of the female by constricting, severing, or crushing the uterine tubes. - the most common form of contraception worldwide. "We evaluated several top public relations agencies in our search for a strategic partner for Conceptus," said Stan Van Gent, Vice President of Marketing. "We chose Cohn & Wolfe Healthcare for its creative thinking and impressive healthcare experience, both in the U.S. and globally. Their experience, especially in women's healthcare, perfectly complements our goal to inform and work closely with potential patients, as well as physicians and the healthcare systems." "We are making considerable progress toward introduction of STOP in Australia during the first quarter of 2001, and Cohn & Wolfe's presence and expertise in that market will be instrumental in developing and implementing a consumer awareness campaign," Mr. Van Gent added. "Also, we will commence introduction in key European markets during 2001. Again, Cohn & Wolfe's global network will be critical in building product demand." Conceptus has focused its efforts on the women's sterilization market with its new device, STOP, which recently received Therapeutic Goods Administration The Therapeutic Goods Administration or TGA is the regulatory body for therapeutic goods (including medicines, medical devices, gene technology, and blood products) in Australia. listing in Australia. "We are very pleased to work in partnership with Conceptus, the forerunner in non-surgical permanent contraceptive devices for women," said Kathryn Metcalfe, Managing Director, Executive Vice President, Cohn & Wolfe Healthcare. "This is an exciting time in Conceptus' development: its investigational device, STOP, has the potential to revolutionize female sterilization Female sterilization The process of permanently ending a woman's ability to conceive by tying off or cutting apart the Fallopian tubes. Mentioned in: Tubal Ligation worldwide." Cohn & Wolfe Healthcare Cohn & Wolfe Healthcare is one of the top medical communication practices in the United States and Europe with a fast growing global network. Cohn & Wolfe is the 15th largest public relations firm worldwide, with offices in Atlanta, Chicago, Copenhagen, Frankfurt, London, Los Angeles, Milan, Montreal, New York, Paris, Sydney, Toronto and Washington, D.C. The agency has won numerous awards for creativity and program excellence. Cohn & Wolfe is part of Young & Rubicam, one of the top three advertising agencies worldwide. About Conceptus Conceptus, Inc. is developing STOP, an innovative medical device and procedure designed to provide a non-incisional alternative to tubal ligation, the leading form of contraception worldwide. Data from the United Nations show that worldwide, 30 percent of reproductive couples using contraception rely on surgical tubal ligation. Additionally, a survey performed by the Centers for Disease Control and Prevention Centers for Disease Control and Prevention (CDC), agency of the U.S. Public Health Service since 1973, with headquarters in Atlanta; it was established in 1946 as the Communicable Disease Center. indicates that surgical tubal ligation continues to be the most prevalent form of contraception in the U.S., and that 35 percent of women age 35-44 have had a surgical tubal sterilization. An estimated 800,000 surgical tubal ligations are performed each year in the U.S., of which 93 percent are performed in a hospital or surgi-center and require general anesthesia Anesthesia, General Definition General anesthesia is the induction of a state of unconsciousness with the absence of pain sensation over the entire body, through the administration of anesthetic drugs. . Additional information about the Company and the STOP device is available at www.conceptus.com. 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. The receipt of regulatory approvals, results of product development programs, and clinical efficacy of and market demand for products, 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 within the Company's control, such as strategic planning decisions by management and re-allocation of internal resources, or on factors outside of the Company's control, such as 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 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999 and other filings with the Securities and Exchange Commission. |
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