Dare Bioscience (DARE) announced receipt of a revised Notice of Award from the Eunice Kennedy Shriver National Institute of Child Health and Human Development, a division of the National Institutes of Health, relating to the approximately $2.0 million funding award for DARE-PTB1, Dare’s investigational intravaginal ring for the prevention of preterm birth. The notice, issued March 11, 2026, extends the budget and project period for the second tranche of the award, or approximately $1.0 million, through November 30, 2026. The total NIH funding obligated under the program is approximately $2.0 million. DARE-PTB1 is a novel, investigational IVR designed to deliver bio-identical progesterone continuously for up to a 14-day period. It is being developed to reduce the risk of preterm birth in at-risk women, a condition for which there are currently no FDA-approved treatments.
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