Femasys Inc. announced that Charles Larsen, a current member of Femasys' Board of Directors, has been appointed to the role of non-executive Chair, replacing founder, president and chief executive officer, Kathy Lee-Sepsick. Mr. Larsen has served as a member of Femasys' board of directors since October 2015. Mr. Larsen co-founded Novoste Corporation in 1992 and The Innovation Factory in 1999, and, through his role at The Innovation Factory, he co-founded additional companies including medical device companies such as Acufocus Inc., AqueSys Inc., Halscion Inc., Neuronetics Inc. and Sebacia Inc. He holds over 30 issued U.S. and international patents on medical devices.

Before joining Novoste, Mr. Larsen held positions with Novoste Puerto Rico, Cordis Corporation, Key Pharmaceuticals and Parke-Davis/Warner Lambert in executive, senior engineering, and project management roles. Mr. Larsen also served on the Board of Directors of Acufocus, CardioFocus, Inogen Inc, Intuity Medical Inc., Novoste Inc. and Torax Medical Inc.Mr. Larsen holds a BS in Mechanical Engineering from the New Jersey Institute of Technology.