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Daré Bioscience CEO Outlines Commercial Transformation, Pipeline Momentum and Potential Key Catalysts in Virtual Investor CEO Connect Segment

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Daré Bioscience (NASDAQ: DARE) announced that President and CEO Sabrina Martucci Johnson participated in a Virtual Investor CEO Connect segment, where she described the company’s transition from a development-stage biotech to a commercial-stage women’s health company.

According to Daré Bioscience, the discussion highlighted the launch of Flora Sync LF5™ and preparations for DARE to PLAY™ Sildenafil Cream to begin generating revenue. Johnson also described efforts to build a scalable commercial infrastructure to support multiple products, including customer acquisition, provider engagement and market access initiatives.

The segment further covered pipeline developments, including Ovaprene’s positive interim Phase 3 results and DARE-HPV’s advancement into Phase 2, as well as potential value-driving catalysts the company sees over the next 12–18 months. The CEO Connect recording is now available for investors to view.

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Positive

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Negative

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Market Context

DARE’s recent partnership news was followed by -10.23% over 24 hours, a downside comparator for this...
Analysis

DARE’s recent partnership news was followed by -10.23% over 24 hours, a downside comparator for this commercial update. TENX was up 10.27% in the scanner, so peer context was not aligned; low short positioning remained a risk factor.

Key Figures

Ovaprene trial phase: Phase 3 DARE-HPV trial phase: Phase 2 Catalyst horizon: 12–18 months +1 more
4 metrics
Ovaprene trial phase Phase 3 Positive interim results
DARE-HPV trial phase Phase 2 Program advancement
Catalyst horizon 12–18 months Potential catalysts discussed by the CEO
Announcement date Aug. 25, 2026 Virtual Investor CEO Connect announcement

Historical Context

5 past events · Latest: Aug 18 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 18 Executive recognition Positive -5.8% CEO received Forbes recognition as Daré emphasized its commercial-stage transition.
Aug 14 Registered offering Negative -34.3% Registered direct offering and concurrent warrants priced at market, raising dilution concerns.
Aug 13 Quarterly earnings Positive -34.3% Revenue increased and net loss narrowed as commercialization and pipeline programs advanced.
Aug 06 Earnings call notice Neutral -0.8% Company scheduled second-quarter results call and corporate update webcast for August 13.
Jul 28 Strategic collaboration Positive +0.0% MyMenopauseRx collaboration expanded telehealth access pathways for DARE to PLAY.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Four recent positive or neutral company updates coincided with negative reactions, while the negative financing event aligned with its downside reaction.

Key Terms

phase 3, phase 2
2 terms
phase 3 medical
"Ovaprene’s positive interim Phase 3 results"
Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.
phase 2 medical
"DARE-HPV’s advancement into Phase 2"
Phase 2 is the mid-stage clinical trial where a new drug or treatment is tested in a larger group of patients to see if it works and to keep checking safety after initial human testing. Think of it as a field test that proves whether a product actually delivers its promised benefit. Investors watch Phase 2 closely because its results strongly influence a medicine’s chances of reaching the market, the size of its potential sales, and the company’s valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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President & CEO, Sabrina Martucci Johnson, discusses the Company’s shift to commercial stage, upcoming revenue opportunities, Ovaprene’s positive interim Phase 3 results and what could drive value over the next 12–18 months

Access the segment here

SAN DIEGO, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Daré Bioscience, Inc. (NASDAQ: DARE), a purpose-driven health biotech company solely focused on closing the gap in women's health between promising science and real-world solutions, today announced that Sabrina Martucci Johnson, President and Chief Executive Officer of Daré Bioscience, participated in a Virtual Investor CEO Connect segment.

As part of the segment, Ms. Johnson discussed the Company’s transition from a development-stage biotech to a commercial-stage company, highlighted by the launch of Flora Sync LF5™ and preparations for DARE to PLAY™ Sildenafil Cream* to begin generating revenue. Ms. Johnson outlines how Daré Bioscience is building a scalable commercial infrastructure designed to support multiple products, while sharing insights into customer acquisition, provider engagement and market access. She also discusses the Company’s broader pipeline momentum, including Ovaprene’s positive interim Phase 3 results and DARE-HPV’s advancement into Phase 2,** as well as the potential key catalysts that could drive greater recognition of the Company’s value over the next 12–18 months.

The Virtual Investor CEO Connect segment featuring Daré Bioscience is now available here.

ABOUT DARÉ BIOSCIENCE, INC.

Daré Bioscience (NASDAQ: DARE) is a purpose-driven health biotech company solely focused on closing the gap in women’s health between promising science and real-world solutions. Every innovation Daré Bioscience advances is based in advanced science and backed by rigorous, peer-reviewed research. From contraception to menopause, sexual health to fertility, vaginal health to infectious disease, Daré Bioscience is working to close critical gaps in care using science that serves her needs. For decades, women have been told to “wait it out” or “live with it,” while innovations that could improve their quality of life languish in the regulatory or funding pipeline. With growing awareness around menopause, sexual health, and vaginal health, the conversation is shifting. However, access to proven solutions is lagging. Daré Bioscience is working to change that. Learn more at darebioscience.com.

FORWARD-LOOKING STATEMENTS

Daré Bioscience cautions you that all statements, other than statements of historical facts, contained in this press release and in the Virtual Investor CEO Connect video segment, are forward-looking statements. Forward-looking statements, in some cases, can be identified by terms such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “design,” “intend,” “expect,” “could,” “plan,” “potential,” “prepare,” “progress,” “seek,” “should,” “would,” “build” or the negative version of these words and similar expressions.

In this press release and the video segment, forward-looking statements include, but are not limited to, statements relating to: Daré Bioscience’s multi-product and commercial strategy and plans; the capabilities of Daré Bioscience’s commercial infrastructure; the timing of DARE to PLAY and DARE to RECLAIM™ prescription dispensing and product revenue; the potential for “first-in-category” products; Ovaprene’s potential to be the first FDA-approved monthly hormone-free intravaginal contraceptive; the market opportunity for Daré Bioscience’s products and ability to gain market acceptance; potential commercial portfolio expansion; the potential impact of the products that Daré Bioscience brings to market for women and the Company; development and regulatory pathway plans and expectations regarding Daré Bioscience’s product candidates, including clinical development strategies, clinical trial design, timelines, costs, milestones, and results, regulatory strategy; timing and outcome of FDA communications, submissions and review of applications; the potential for Daré Bioscience’s portfolio approach to create multiple potential value-driving catalysts, provide a pipeline of differentiated products and build infrastructure and expertise to support successive women’s health products; the sufficiency of non-dilutive grant and other financial award funding to advance development of specified product candidates or programs; expectations regarding existing collaborations and plans for future collaborations; and Daré Bioscience’s ability to create meaningful long-term value for women and shareholders.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Daré Bioscience’s actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by the forward-looking statements in this press release or the video segment, including, without limitation, risks and uncertainties related to: Daré Bioscience’s ability to raise additional capital when and as needed to execute its business strategy and continue as a going concern; potential suspension and delisting of Daré Bioscience’s common stock from the Nasdaq Capital Market; Daré Bioscience’s dependence on grants and other financial awards from governmental entities and a private foundation; Daré Bioscience’s reliance on Section 503B-registered outsourcing facilities and other third parties to bring DARE to PLAY Sildenafil Cream and other solutions to market as compounded drugs or as consumer health products and facilitate access to such products and the risk that those third parties do not perform as expected; difficulties in establishing and sustaining relationships with third-party collaborators; the risk that the U.S. Food and Drug Administration (FDA) could stop permitting Section 503B-registered outsourcing facilities to compound the drug substances in the proprietary formulations Daré Bioscience intends to bring or brings to market or changes the conditions under which those drug substances may be used in compounding or the compounded products may be distributed; the ability of outsourcing facilities for Daré Bioscience’s compounded products to maintain their registration with the FDA under Section 503B; the timing of establishing, and ability to maintain, state-required licensure or registration to enable fulfillment of prescriptions for DARE to PLAY Sildenafil Cream and other solutions brought to market via the Section 503B pathway; Daré Bioscience’s inexperience, as a company, in and limited infrastructure for commercializing products; the degree of market demand and acceptance for the products Daré Bioscience brings to market; competitive product launches; greater than expected costs to bring compounded drug products to market and marketing costs; shifts in consumer spending or behavior; Daré Bioscience’s reliance on third parties to manufacture and conduct clinical trials and preclinical studies of its product candidates and commercialize XACIATO™ (clindamycin phosphate) vaginal gel 2% and future FDA-approved products, if any; the risk that the FDA’s 505(b)(2) pathway for drug product approval in the U.S. is not available for a product candidate as Daré Bioscience anticipates***; Daré Bioscience’s ability to develop, obtain FDA or foreign regulatory approval for, and commercialize its product candidates and to do so on communicated timelines; failure or delay in starting, conducting and completing clinical trials of a product candidate and the inherent uncertainty of outcomes of clinical trials; Daré Bioscience’s ability to design and conduct successful clinical trials, to enroll a sufficient number of patients, to meet established clinical endpoints, to avoid undesirable side effects and other safety concerns, and to demonstrate sufficient safety and efficacy of its product candidates; decisions not to make clinical study design modifications recommended by the FDA; Daré Bioscience’s dependence on third parties to conduct clinical trials and manufacture and supply clinical trial material and commercial product; the risks that positive findings in early clinical and/or nonclinical studies of a product candidate may not be predictive of success in subsequent clinical and/or nonclinical studies of that candidate and that interim data or results from a particular clinical study do not necessarily predict the final results for that study; the risk that the FDA, other regulatory authorities, members of the scientific or medical communities or investors may not accept or agree with Daré Bioscience’s interpretation of or conclusions regarding data from clinical studies of its product candidates; the risk that even if a pivotal clinical study achieves its primary efficacy endpoint, the FDA may determine the data package is not sufficient to support a favorable benefit-risk determination in a future marketing application; the risk that development of a product candidate requires more clinical or nonclinical studies than Daré Bioscience anticipates, or that the duration of a study or number of study subjects must be significantly greater than anticipated; the loss of, or inability to attract, key personnel; product pricing and coverage and reimbursement from third-party payors; Daré Bioscience’s ability to retain its licensed rights to develop and commercialize a product or product candidate; Daré Bioscience’s ability to satisfy the monetary obligations and other requirements in connection with its exclusive, in-license agreements covering the critical patents and related intellectual property related to its product and product candidates; Daré Bioscience’s ability to adequately protect or enforce its, or its licensor’s, intellectual property rights; disputes or other developments concerning Daré Bioscience’s intellectual property rights; the lack of patent protection for the active ingredients in certain of Daré Bioscience’s product candidates which could expose its products to competition from other formulations using the same active ingredients; product liability claims; governmental investigations or actions relating to Daré Bioscience’s products or product candidates or the business activities of Daré Bioscience, its commercial collaborators or other third parties on which Daré Bioscience relies; changes in healthcare, pharmaceutical, consumer protection or privacy laws and regulatory policies; increased scrutiny from regulators; global trends toward health care cost containment; the effects of macroeconomic conditions, geopolitical events, and major changes and disruptions in U.S. government policies and operations on Daré Bioscience’s ability to raise additional capital or on Daré’s operations, financial results and condition, and ability to achieve current plans and objectives; and cybersecurity incidents or similar events that compromise Daré Bioscience’s technology systems and/or significantly disrupt Daré Bioscience’s business or those of third parties on which it relies.

Daré Bioscience’s forward-looking statements are based upon its current expectations and involve assumptions that may never materialize or may prove to be incorrect. All forward-looking statements are expressly qualified in their entirety by these cautionary statements. For a detailed description of Daré Bioscience’s risks and uncertainties, you are encouraged to review its documents filed with the U.S. Securities and Exchange Commission (SEC), including Daré Bioscience’s recent filings on Form 8-K, Form 10-K and Form 10-Q. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they were made. Daré Bioscience undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

*The terms DARE to PLAY and DARE to RECLAIM describe a 503B compounded drug products. Compounded drug products are not approved by the FDA. The FDA does not evaluate compounded drug products for safety, effectiveness, or quality. References to Section 503B, 503B, 503B compounding, 503B compounded product, and similar terms refer to Section 503B of the Federal Food, Drug, and Cosmetic Act (FDCA) and the production and supply of compounded drugs by Section 503B-registered outsourcing facilities without patient-specific prescriptions in accordance with Section 503B. Section 503B-registered outsourcing facilities are subject to FDA inspection and required to compound drug products under current Good Manufacturing Practice (cGMP) regulations to ensure quality, strength and consistency.

**Ovaprene® is an investigational hormone-free monthly intravaginal contraceptive currently being evaluated in a Phase 3 clinical study (ClinicalTrials.gov ID: NCT06127199), and DARE-HPV is an investigational, fixed-dose formulation of lopinavir and ritonavir in a soft gel vaginal insert currently being evaluated in women with persistent high-risk human papillomavirus (HPV) infection in a Phase 2 clinical study (ClinicalTrials.gov ID: NCT07601074).

***The term FDA 505(b)(2) regulatory pathway refers to Section 505(b)(2) of the FDCA, which enables an applicant to rely, in part, on the FDA’s prior findings of safety and efficacy data for an existing product, or published literature, in support of the applicant’s new drug application (NDA), providing an alternate path to FDA approval for new or improved formulations or new uses of previously approved drugs.

Contact:
Daré Bioscience Investor Relations
innovations@darebioscience.com
Source: Daré Bioscience, Inc.


FAQ

What did Daré Bioscience (NASDAQ: DARE) announce on August 25, 2026?

Daré Bioscience announced that CEO Sabrina Martucci Johnson participated in a Virtual Investor CEO Connect segment. According to Daré Bioscience, she discussed the company’s shift to commercial stage, new product launches, pipeline progress, and potential value catalysts over the next 12–18 months.

How is Daré Bioscience (DARE) transitioning from development-stage to commercial-stage?

Daré Bioscience is transitioning to commercial-stage by launching Flora Sync LF5 and preparing DARE to PLAY Sildenafil Cream to generate revenue. According to Daré Bioscience, the company is also building scalable commercial infrastructure for customer acquisition, provider engagement, and improved market access across multiple women’s health products.

Which products and revenue opportunities did Daré Bioscience highlight in the CEO Connect segment?

Daré Bioscience highlighted the commercial launch of Flora Sync LF5 and preparations for DARE to PLAY Sildenafil Cream as upcoming revenue opportunities. According to Daré Bioscience, these products anchor its move into commercial operations and are supported by a scalable commercial platform for multiple women’s health solutions.

What clinical pipeline updates did Daré Bioscience (DARE) discuss, including Ovaprene and DARE-HPV?

Daré Bioscience discussed positive interim Phase 3 results for Ovaprene and the advancement of DARE-HPV into Phase 2. According to Daré Bioscience, these programs reflect broader pipeline momentum and are part of the potential catalysts that may support recognition of company value over 12–18 months.

What are the potential key catalysts for Daré Bioscience over the next 12–18 months?

Potential catalysts include commercial progress with Flora Sync LF5, initial revenue from DARE to PLAY Sildenafil Cream, and continued pipeline development. According to Daré Bioscience, Ovaprene’s interim Phase 3 data and DARE-HPV’s Phase 2 advancement are central to these value-driving opportunities.

How can investors access Daré Bioscience’s Virtual Investor CEO Connect segment?

Investors can access the Virtual Investor CEO Connect segment featuring Daré Bioscience through an online recording. According to Daré Bioscience, the segment is now available for viewing and provides additional detail on commercial strategy, product launches, pipeline momentum, and anticipated catalysts.