Are you sure you are commenting on the correct article?
"The fact that the big companies are run by white, middle-aged males who have the same feeling—that they would never do it—plays a major role"
I think it's far more likely that these companies don't want to fund trials as it won't be nearly as profitable to them as current contraceptive options. If this was a pill instead, I have no doubt that the companies would champ at the bit for it. I think it's not coincidence that they could only find a non-profit to fund the trials for this specific product/procedure.