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Evofem (OTC: EVFM) grants Clovis Davis 5-year exclusive SOLOSEC rights in Africa

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Evofem Biosciences has signed a five-year exclusive distributorship agreement with Clovis Davis Pharmaceuticals to commercialize SOLOSEC (secnidazole) 2 g oral granules in sub-Saharan Africa. Clovis Davis will handle distribution, promotion, marketing, and sales across the Territory.

Local regulatory filings will rely on Evofem’s existing U.S. FDA registration dossier for SOLOSEC, an approved single-dose oral antibiotic for bacterial vaginosis and trichomoniasis. The company highlights significant unmet need, noting that bacterial vaginosis is estimated to affect 25% of women in sub-Saharan Africa, and that in Ethiopia an estimated 10.9 million women may be eligible for SOLOSEC treatment.

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Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Agreement term 5 years Exclusive SOLOSEC distributorship in sub-Saharan Africa starting April 24, 2026
Ethiopia female population 12+ 43.8 million Women aged 12 years and older cited as of UN World Population Prospects 2024
Potential SOLOSEC-eligible women in Ethiopia 10.9 million Estimated number of women who may be eligible for SOLOSEC treatment
BV prevalence in sub-Saharan Africa 25% Estimated share of women affected by bacterial vaginosis in the region
Global new trichomoniasis cases 2020 156 million WHO estimate for people aged 15–49 years in 2020
Female trichomoniasis cases 2020 73.7 million WHO estimate of new female trichomoniasis infections in 2020
Male trichomoniasis cases 2020 82.6 million WHO estimate of new male trichomoniasis infections in 2020
Share of new trichomoniasis in WHO African Region Approximately one third Portion of global new infections among people aged 15–49
exclusive distributorship agreement financial
"entered into an exclusive distributorship agreement with Clovis Davis Pharmaceuticals"
bacterial vaginosis medical
"SOLOSEC is approved by the U.S. Food and Drug Administration (FDA) for the treatment of bacterial vaginosis (BV)"
An imbalance of the natural bacterial community in the vagina that can cause abnormal discharge, odor, and discomfort; it is not always an infection in the usual sense but a shift in which species dominate, similar to weeds overtaking a garden. Investors care because it is a common, recurring condition that drives demand for diagnostics, treatments and clinical trials, can affect regulatory reviews and labeling, and influences revenue and risk for companies developing products targeting women's reproductive health.
Trichomoniasis medical
"to treat Trichomoniasis (Trich), a common sexually transmitted infection (STI)"
point-of-care diagnostic test medical
"an FDA-cleared and CLIA-waived innovative point-of-care diagnostic test that enables rapid, accurate detection"
forward-looking statements regulatory
"This press release includes “forward-looking statements,” within the meaning of the safe harbor"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Emerging Growth Company regulatory
"Emerging Growth Company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): April 24, 2026

 

EVOFEM BIOSCIENCES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-36754   20-8527075
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification No.)

 

7770 Regents Road, Suite 113-618

San Diego, California 92122

(Address of principal executive offices)

 

(858) 550-1900

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of exchange on which registered
None        

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement

 

Distributorship Agreement in Sub-Saharan Africa

 

On April 24, 2026 (the “Effective Date”), Evofem Biosciences, Inc. (the “Company”), entered into an exclusive distributorship agreement with Clovis Davis Pharmaceuticals, LLC., a Delaware Limited Liability Company (“Clovis Davis”) to commercialize SOLOSEC® (secnidazole) 2 g oral granules product in Sub-Saharan Africa (the “Territory”) for a period of five years commencing on April 24, 2026.

 

Under the distributorship agreement, Clovis Davis will lead the distribution, promotion, marketing, and sales of SOLOSEC within the Territory. Local regulatory filings for approval of SOLOSEC will be based on Evofem’s registration dossier submitted and approved by the U.S. FDA.

 

Item 7.01 Regulation FD Disclosure

 

On April 27, 2026, the Company issued a press release announcing the exclusive distributorship agreement with Clovis Davis. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in this Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

The press release incorporated into this Current Report on Form 8-K includes “forward-looking statements,” within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Words such as, but not limited to, “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include but are not limited to those regarding the anticipated reception of SOLOSEC in the Territory by healthcare providers and patients; the timing and anticipated outcomes of the reviews of the SOLOSEC MA submissions, once filed, by regulatory authorities in the Territory; and the estimated prevalence of BV and Trich and estimated addressable patient population in the Territory. You are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements are disclosed in the Company’s SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 11, 2026 and any subsequent Form 10-Q filings. All forward-looking statements are expressly qualified in their entirety by such factors. The Company does not undertake any duty to update any forward-looking statement except as required by law.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
10.1+   Exclusive Distributorship Agreement dated as of April 24, 2026
99.1   Press release dated April 27, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

+ Certain schedules, exhibits, annexes and similar attachments have been omitted pursuant to Item 601(b)(10)(iv) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished supplementally to the Securities and Exchange Commission upon request; provided, however, that the Company may request confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended, for any schedule or exhibit so furnished.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  EVOFEM BIOSCIENCES, INC.
   
Dated: April 30, 2026 By: /s/ Saundra Pelletier
    Saundra Pelletier
    Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

 

Evofem Announces Exclusive Agreement for the Distribution and Commercialization of SOLOSEC in Sub-Saharan Africa

 

— SOLOSEC® (secnidazole) 2g Oral Granules is an FDA-Approved Single-Dose Oral Treatment for Bacterial Vaginosis and Trichomoniasis —

 

SAN DIEGO, CA, April 27, 2026 — Women’s health innovator Evofem Biosciences, Inc. (OTCID: EVFM) (Evofem or the Company) today announced that it has entered into an exclusive Distribution Agreement with Clovis Davis Pharmaceuticals, LLC, a distributor of pharmaceutical and related products (Clovis Davis), to commercialize SOLOSEC® (secnidazole) 2g oral granules in sub-Saharan Africa (the Territory).

 

SOLOSEC is approved by the U.S. Food and Drug Administration (FDA) for the treatment of bacterial vaginosis (BV) in females 12 years of age and older and to treat Trichomoniasis (Trich), a common sexually transmitted infection (STI), in people 12 years of age and older.

 

“Women everywhere deserve access to effective drugs that treat common sexual health conditions with simple, patient-friendly dosing regimens. We are delighted that Clovis Davis will distribute SOLOSEC—Evofem’s single-dose oral treatment for BV and Trich—in Africa, greatly increasing its global reach,” said Saundra Pelletier, Chief Executive Officer of Evofem.

 

“We believe SOLOSEC will be well received among healthcare providers and patients in our target markets because it delivers a complete treatment for BV and Trich with just one oral dose, enabling patients to quickly resume their normal, daily lives,” said Jeff Reichman, Chief Operating Officer of Clovis Davis. “In parallel with SOLOSEC distribution, Clovis Davis is developing comprehensive women’s health initiatives in Ethiopia and Uganda beginning with the OSOM® BVBlue® test, an FDA-cleared and CLIA-waived innovative point-of-care diagnostic test that enables rapid, accurate detection of bacterial vaginosis in clinical settings. This aligns with our commitment to not only treat, but also to improve early detection and diagnosis of BV in underserved markets where access to laboratory infrastructure may be limited.”

 

BV is estimated to affect 25% of women in sub-Saharan Africa1. In Ethiopia alone, of the 43.8 million women aged 12 years and older2, 10.9 million women may be eligible for treatment with SOLOSEC.

 

 

 

 

Trichomoniasis is caused by the parasite Trichomonas vaginalis; successful resolution of this common STI requires testing and a complete course of antibiotic treatment of all infected partners. Per the World Health Organization (WHO), there were an estimated 156 million new cases of Trichomoniasis among people aged 15–49 years old in 2020 (73.7 million in females and 82.6 million in males). Approximately one third of new infections in this age group occur in the WHO African Region.3

 

Clovis Davis will lead the distribution, promotion, marketing, and sales of SOLOSEC within the Territory. Local regulatory filings for approval of SOLOSEC will be based on Evofem’s registration dossier submitted and approved by the U.S. FDA.

 

About Evofem Biosciences

 

Evofem Biosciences, Inc. is commercializing two FDA-approved sexual and reproductive health products:

 

PHEXX® (lactic acid, citric acid, and potassium bitartrate)– the first and only hormone-free, on-demand prescription contraceptive vaginal gel. Visit phexx.com to learn more and for important safety information.
  
SOLOSEC® (secnidazole) 2 g oral granules– an FDA-approved oral antibiotic for the treatment of two sexual health diseases: bacterial vaginosis (BV), a common vaginal infection, in females 12 years of age and older, and trichomoniasis, a common sexually transmitted infection (STI), in people 12 years of age and older. SOLOSEC provides a complete course of therapy in just one dose. Visit solosec.com to learn more and for important safety information.

 

PHEXX® and SOLOSEC® are registered trademarks of Evofem Biosciences, Inc.

 

About Clovis Davis Pharmaceuticals

 

Clovis Davis Pharmaceuticals, LLC, is dedicated to delivering sustainable global solutions in the production and distribution of pharmaceuticals, radioisotopes, and diagnostic tests, addressing the dynamic challenges of today’s healthcare landscape. Its services are at the forefront of innovation in human and veterinary medicine, offering high-quality, cost-effective, and pioneering tests, treatments, and therapies to meet the diverse needs of healthcare providers and their patients worldwide.

 

Sources

 

1.Peebles K, Velloza J, Balkus JE, McClelland RS, Barnabas RV. High Global Burden and Costs of Bacterial Vaginosis: A Systematic Review and Meta-Analysis. Sex Transm Dis. 2019 May;46(5):304-311. doi: 10.1097/OLQ.0000000000000972. PMID: 30624309.

 

 

 

 

2.United Nations Department of Economic and Social Affairs: Population Division. World Population Prospects 2024. File POP/01-3: Female population by single age, region, subregion and country, annually for 1950-2100 (thousands): Estimates, 1950 – 2023. Accessed 09 April 2026 via https://population.un.org/wpp/downloads?folder=Standard%20Projections&group=Po pulation.
  
3.World Health Organization. Trichomoniasis Fact Sheet. 2025 November 21. Accessed 09 April 2026 via https://www.who.int/news-room/fact-sheets/detail/trichomoniasis.

 

Forward-Looking Statements

 

This press release includes “forward-looking statements,” within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Words such as, but not limited to, “continue,” “could,” “design,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “suggest,” “strategy,” “target,” “will,” “would,” and similar expressions or phrases, or the negative of those expressions or phrases, are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements include but are not limited to those regarding the anticipated reception of SOLOSEC in the Territory by healthcare providers and patients; the timing and anticipated outcomes of the reviews of the SOLOSEC MA submissions, once filed, by regulatory authorities in the Territory; and the estimated prevalence of BV and Trich and estimated addressable patient population in the Territory. You are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements are disclosed in the Company’s SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 11, 2026 and any subsequent Form 10-Q filings. All forward-looking statements are expressly qualified in their entirety by such factors. The Company does not undertake any duty to update any forward-looking statement except as required by law.

 

Contact

 

For Evofem Biosciences, Inc.

Amy Raskopf, Chief Business Development Officer

araskopf@evofem.com

(917) 673-5775

 

For Clovis Davis Pharmaceuticals, LLC.

Jeff Reichman, Chief Operating Officer

jreichman@KKMHealthcare.com

(513) 697-8557

 

 

 

FAQ

What agreement did Evofem Biosciences (EVFM) announce with Clovis Davis?

Evofem signed a five-year exclusive distributorship agreement with Clovis Davis Pharmaceuticals to commercialize SOLOSEC in sub-Saharan Africa. Clovis Davis will manage distribution, promotion, marketing, and sales, aiming to expand access to SOLOSEC for bacterial vaginosis and trichomoniasis in the region.

Which product is covered by Evofem Biosciences’ (EVFM) new distributorship deal?

The agreement covers SOLOSEC (secnidazole) 2 g oral granules, an FDA-approved single-dose oral antibiotic for bacterial vaginosis and trichomoniasis. The product will be distributed, promoted, and sold by Clovis Davis in sub-Saharan Africa under an exclusive five-year arrangement.

How will SOLOSEC be approved for use in sub-Saharan Africa under Evofem’s (EVFM) deal?

Local regulatory filings will be based on Evofem’s U.S. FDA registration dossier for SOLOSEC. Authorities in sub-Saharan African countries will review marketing authorization submissions referencing this dossier to determine local approval for treating bacterial vaginosis and trichomoniasis.

What market opportunity does Evofem (EVFM) cite for SOLOSEC in Ethiopia?

Evofem cites an estimated 10.9 million women in Ethiopia who may be eligible for SOLOSEC treatment. This is out of 43.8 million women aged 12 years and older, highlighting a substantial potential patient pool for bacterial vaginosis treatment in that country.

What disease burden figures support Evofem’s (EVFM) SOLOSEC expansion?

Bacterial vaginosis is estimated to affect 25% of women in sub-Saharan Africa, and WHO estimates 156 million new trichomoniasis cases worldwide in 2020. About one third of these infections occur in the WHO African Region, underscoring significant regional need.

What other women’s health initiatives will Clovis Davis pursue alongside SOLOSEC?

Clovis Davis plans women’s health initiatives in Ethiopia and Uganda, starting with the OSOM BVBlue test, an FDA-cleared, CLIA-waived point-of-care diagnostic for bacterial vaginosis. This supports earlier detection and diagnosis where laboratory infrastructure is limited, complementing SOLOSEC treatment.

Filing Exhibits & Attachments

6 documents