Funding And GrantsThe recent grant from the Gates foundation injected ~$11M into the Ovaprene program, allowing DARE to expand enrollment sites.
Product DevelopmentOvaprene is considered an exciting opportunity as it could be a blockbuster contraceptive device given the lack of convenient non-hormonal products on the market.
Strategic PartnershipsBayer may exercise its commercial option for Ovaprene after Phase 3 readout, potentially bringing in an additional $20M.