Launch of DARE to PLAY Sildenafil Cream
Daré Bioscience is on track to support the commercial availability of DARE to PLAY Sildenafil cream through a 503B outsourcing facility in Q4 2025, marking a major milestone in women's sexual health.
Ovaprene Phase III Trial Progress
The independent Data and Safety Monitoring Board recommended the continuation of the Ovaprene Phase III study, with interim data showing no new safety or tolerability concerns. The potential for a $20 million payment from Bayer highlights significant commercial interest.
Financial Strengthening
After the quarter ended, Daré Bioscience received approximately $17.6 million in net proceeds from sales of common stock and a $6 million grant payment, significantly strengthening the balance sheet.
Dual Commercialization Pathway for DARE-HRT1
Daré is pursuing both FDA approval and a 503B compounding opportunity for DARE-HRT1, targeting availability in late 2026, aiming to tap into the $4.5 billion compounded hormone therapy market.
Expansion into Consumer Health
Daré is preparing to launch nonprescription vaginal probiotics, expanding its commercial platform and ensuring access to science-backed products for women's intimate health.