Dare Bioscience (DARE) announced positive interim safety and efficacy results from its ongoing Phase 3 clinical trial evaluating the contraceptive effectiveness, safety and acceptability of Ovaprene, the company’s investigational monthly, hormone-free intravaginal contraceptive. There currently are no FDA-approved, hormone-free, monthly intravaginal contraceptives. The trial’s independent Data Safety Monitoring Board conducted a planned interim analysis focused on reviewing safety data from the study, and recommended the study continue without modification. At the time of the interim analysis, approximately 9% of the women treated in the study had experienced a pregnancy, a rate consistent with the company’s expectations based on the results of the pre-pivotal postcoital test clinical study of Ovaprene. These interim findings support Ovaprene’s potential as a meaningful hormone-free alternative.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DARE:
- Dare Bioscience receives $6M non-dilutive grant installment
- Daré Bioscience Stockholder Meeting Approves Key Proposals
- Daré Bioscience Gains Nasdaq Compliance Extension Approval
- Daré Bioscience Announces Corporate Presentation for Investors
- Strategic Partnerships and Innovative Market Entry Propel Daré Bioscience to a Buy Rating
