Dare Bioscience Inc Stock Price, News & Analysis

Daré Bioscience has announced a licensing agreement with Hennepin Life Sciences, acquiring exclusive global rights to develop and commercialize glycerol monolaurate (GML) for various vaginal infections. GML, a natural antimicrobial, has shown efficacy against significant strains of Candida and Gardnerella vaginalis without promoting antibiotic resistance. The deal includes milestone payments and royalties based on sales, with patents extending to 2040. This initiative advances Daré's mission to enhance women's health options, building on its recent agreement for the XACIATO treatment.

Daré Bioscience (NASDAQ: DARE) reported its financial results for Q2 2022, highlighting a $32.1 million cash position and a $10 million revenue recognition from a licensing agreement with Organon for XACIATO, an FDA-approved treatment for bacterial vaginosis. The company expects to launch XACIATO in the U.S. in Q4 2022. Ongoing clinical studies for DARE-VVA1 and DARE-HRT1 are also on track for topline data in the fourth quarter. General and administrative expenses increased to $2.8 million, while research and development expenses decreased slightly to $6.8 million.

Daré Bioscience (NASDAQ: DARE) will host a conference call and live webcast on August 9, 2022, at 4:30 p.m. ET, to discuss its financial results for Q2 2022 and company updates. Investors can access the call by dialing (800) 715-9871 (U.S.) or (646) 307-1963 (international), using conference ID 3817141. The call will also be available on the company’s website and will replay until August 23, 2022. Daré focuses on innovative women's health products, including its FDA-approved XACIATO™ and various candidates in development.

Daré Bioscience, Inc. (NASDAQ: DARE) announced that its President and CEO, Sabrina Martucci Johnson, will participate in a virtual panel titled "A Tipping Point in Women’s Health" on July 13, 2022, at 11:00 a.m. ET. The panel, hosted by Maxim Group LLC on M-Vest, will discuss the implications of recent SCOTUS outcomes on contraception. Other panelists include CEOs from Agile Therapeutics and Femasys. An archived webcast will be available from July 15-28, 2022. Daré Bioscience focuses on innovative women’s health products, including FDA-approved XACIATO™ for bacterial vaginosis.

Daré Bioscience (NASDAQ: DARE) has finalized an exclusive licensing agreement with Organon for XACIATO, a treatment for bacterial vaginosis, which affects approximately 21 million American women. Daré will receive a $10 million upfront payment, with opportunities for milestone payments totaling up to $182.5 million and tiered royalties based on net sales. XACIATO is expected to be commercially available in the U.S. in Q4 2022. This collaboration aims to enhance the treatment options available to women suffering from this condition.

Daré Bioscience announced the partial adjournment of its 2022 Annual Meeting, focusing on Proposal 5, which seeks to increase authorized shares to 240 million. While all director nominees and Proposals 2, 3, 4, and 6 were approved, Proposal 5 did not receive enough votes. The meeting will reconvene on July 14, 2022, to further solicit votes. Currently, only 49.2% of outstanding shares voted in favor. Two proxy advisory firms have recommended voting for Proposal 5. The company stresses that flexibility in capital structure is crucial for future growth.

SAN DIEGO, June 6, 2022 (GLOBE NEWSWIRE) -- Daré Bioscience (NASDAQ: DARE) announced President and CEO, Sabrina Martucci Johnson, will participate in a panel and present at the 2022 BIO International Convention in San Diego from June 13-16, 2022. The panel titled "Primed for Growth: Innovating to Address the Business Opportunity in Building a Women’s Health Market" is scheduled for June 13, 2022, at 2:15 PM PT. The women’s health market is projected to reach $24.5 billion by 2027, growing at a 12.5% CAGR.

Daré Bioscience announced that CEO Sabrina Martucci Johnson will participate in a virtual fireside chat at the H.C. Wainwright Global Investment Conference from May 23-26, 2022. The conference will be held both in-person at the Fountainebleau Miami Beach Hotel and virtually. The chat will be available on-demand starting May 24, 2022, at 7:00 a.m. Eastern Time, with an archived version accessible until June 7, 2022. Daré focuses on innovative women's health products, notably XACIATO, a treatment for bacterial vaginosis.

Daré Bioscience (NASDAQ: DARE) reported financial results for Q1 2022, with cash and cash equivalents of $39.3 million as of March 31, 2022. The company announced the initiation of the DARE-HRT1 Phase 1/2 clinical study in April 2022 and an exclusive global license agreement with Organon for XACIATO™, expected to close in Q2 2022. This agreement includes a $10 million cash payment to Daré and the U.S. commercial launch is anticipated in Q4 2022. However, the company's comprehensive loss increased to $8.4 million compared to $7.3 million in Q1 2021.