Dare Bioscience Inc
NASDAQ:DARE

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Dare Bioscience Inc
NASDAQ:DARE
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Price: 1.9 USD -1.04% Market Closed
Market Cap: $27.2m

Dare Bioscience Inc
Investor Relations

Daré Bioscience, Inc. operates as a healthcare company, which engages in the development and commercialization of pharmaceutical products in women's reproductive health. The company is headquartered in San Diego, California and currently employs 20 full-time employees. The company went IPO on 2014-04-10. The firm is focused on advancing products for women's health. The company offers a portfolio of differentiated therapies that prioritize women's health and well-being, expand treatment options, and improve outcomes, primarily in the areas of contraception, fertility, and vaginal and sexual health. Its first product, XACIATO, is a vaginal gel used for the treatment of bacterial vaginosis in females having 12 years of age and older. Its pipeline includes various other clinical-stage programs, such as Ovaprene, Sildenafil Cream, 3.6%, DARE-HRT1, DARE-VVA1, DARE-FRT1, and DARE-PTB1. Its pre-clinical-stage programs include DARE-LARC1, DARE-RH1, ADARE-204, and ADARE-214. Ovaprene, is an investigational hormone-free monthly intravaginal contraceptive. Sildenafil Cream, 3.6%, is a proprietary cream formulation of sildenafil for topical administration to the vulva and vagina for treatment of female sexual arousal disorder.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 13, 2025
AI Summary
Q3 2025

DARE to PLAY Launch: Daré remains on track to launch DARE to PLAY Sildenafil Cream via a 503B outsourcing facility by the end of 2025, with initial prescriptions expected in select states in December and nationwide availability planned for early 2026.

Revenue Generation: Daré anticipates initial commercial revenue from DARE to PLAY beginning in the fourth quarter of 2025, marking a key milestone in its dual path strategy.

Pipeline Progress: The company continues to advance its grant-funded clinical pipeline, including Ovaprene (Phase III contraceptive), DARE-HPV (HPV therapy), and other preclinical contraception programs.

Strong Cash Position: Daré ended Q3 2025 with $23 million in cash and cash equivalents, bolstered by $18.7 million in stock sale proceeds and $7.3 million in grant payments during the quarter.

R&D Spend Down: R&D expenses fell by 56% year-over-year due to increased nondilutive funding and lower Ovaprene manufacturing and personnel costs.

Dual Path Strategy: The company is pursuing both 503B compounding and traditional FDA approval for several products, aiming to accelerate access while seeking long-term regulatory milestones.

Hormone Therapy Opportunity: Management expressed optimism about recent FDA policy changes around hormone replacement therapy, seeing strong provider enthusiasm for its DARE to RECLAIM vaginal ring product targeted for early 2027.

Key Financials
Cash and Cash Equivalents
$23 million
Working Capital
$3.8 million
Proceeds from Stock Sales
$18.7 million
Grant Payments Received
$7.3 million
G&A Expenses
$2.5 million
R&D Expenses
$1.2 million
Earnings Call Recording
Other Earnings Calls

Management

Ms. Sabrina Martucci Johnson
CEO, President, Principal Financial Officer, Secretary & Director
No Bio Available
Mr. Mark Walters
Vice President of Operations
No Bio Available
Ms. MarDee J. Haring-Layton
Chief Accounting Officer
No Bio Available
Dr. David Friend
Chief Scientific Officer
No Bio Available

Contacts

Address
CALIFORNIA
San Diego
3655 Nobel Dr Ste 260
Contacts