Daré Bioscience, Inc. (NASDAQ: DARE), a leader in women’s health
innovation, today announced that the company’s Chief Scientific
Officer, David Friend, Ph.D., will present during the Novel Drug
Delivery Technologies, Systems and Devices section of the 9th
Annual International Symposium of Drug Delivery Systems being held
July 12-14, 2023, in Amsterdam, the Netherlands.
Dr. Friend’s presentation, entitled “Vaginal
Rings: Expanding Drug Delivery Options for Women,” is scheduled for
Wednesday, July 12th at 2:15 p.m. CEST.
The intravaginal ring (IVR) technology used in
Daré’s clinical-stage product candidates, DARE-HRT1, a potential
first-in-category product for treatment of vasomotor symptoms due
to menopause designed to release bio-identical estradiol and
bio-identical progesterone over 28 days, and DARE-FRT1/PTB1,
potential first-in-category products for pregnancy maintenance,
including the prevention of preterm birth (DARE-PTB1) and for
luteal phase support as part of an IVF regimen (DARE-FRT1),
designed to release bio-identical progesterone for up to 14 days,
was developed by Dr. Robert Langer from the Massachusetts Institute
of Technology and Dr. William Crowley from Massachusetts General
Hospital and Harvard Medical School.
The innovative IVR drug delivery technology is
designed to release one or more active ingredients without the need
for a membrane or reservoir to contain the active drug(s) or to
control the release, allowing for sustained drug delivery and has
the potential to result in products that offer women a number of
benefits as compared to currently marketed products, including the
opportunity to improve medication compliance, avoid first-pass
metabolic side effects and deliver a better overall user
experience.
About Daré Bioscience
Daré Bioscience is a biopharmaceutical company
committed to advancing innovative products for women’s health. The
company’s mission is to identify, develop and bring to market a
diverse portfolio of differentiated therapies that prioritize
women's health and well-being, expand treatment options, and
improve outcomes, primarily in the areas of contraception, vaginal
health, reproductive health, menopause, sexual health and
fertility.
Daré’s first FDA-approved product, XACIATO™
(clindamycin phosphate) vaginal gel, 2% is a lincosamide
antibacterial indicated for the treatment of bacterial vaginosis in
female patients 12 years of age and older, which is under a global
license agreement with Organon. Daré’s portfolio also includes
potential first-in-category candidates in clinical development:
Ovaprene®, a novel, hormone-free monthly intravaginal contraceptive
whose U.S. commercial rights are under a license agreement with
Bayer; Sildenafil Cream, 3.6%, a novel cream formulation of
sildenafil to treat female sexual arousal disorder utilizing the
active ingredient in Viagra®; and DARE-HRT1, a combination
bio-identical estradiol and progesterone intravaginal ring for
menopausal hormone therapy. To learn more about XACIATO, Daré’s
full portfolio of women’s health product candidates, and Daré’s
mission to deliver differentiated therapies for women, please visit
www.darebioscience.com.
Daré may announce material information about its
finances, product and product candidates, clinical trials and other
matters using the Investors section of its website
(http://ir.darebioscience.com), SEC filings, press releases, public
conference calls and webcasts. Daré will use these channels to
distribute material information about the company and may also use
social media to communicate important information about the
company, its finances, product and product candidates, clinical
trials and other matters. The information Daré posts on its
investor relations website or through social media channels may be
deemed to be material information. Daré encourages investors, the
media, and others interested in the company to review the
information Daré posts in the Investors section of its website and
to follow these Twitter accounts: @SabrinaDareCEO and
@DareBioscience. Any updates to the list of social media channels
the company may use to communicate information will be posted in
the Investors section of Daré’s website.
Forward-Looking Statements
Daré cautions you that all statements, other
than statements of historical facts, contained in this press
release, are forward-looking statements. Forward-looking
statements, in some cases, can be identified by terms such as
“believe,” “may,” “will,” “estimate,” “continue,” “anticipate,”
“design,” “intend,” “expect,” “could,” “plan,” “potential,”
“predict,” “seek,” “should,” “would,” “contemplate,” “project,”
“target,” “objective,” or the negative version of these words and
similar expressions. In this press release, forward-looking
statements include, but are not limited to, statements relating to
DARE-HRT1’s and DARE-PTB1/FRT1’s potential as safe and effective
therapies for vasomotor symptoms due to menopause and pregnancy
maintenance, respectively, and their potential to obtain regulatory
approval and become first-in-category products Forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause Daré’s actual results, performance or
achievements to be materially different from future results,
performance or achievements expressed or implied by the
forward-looking statements in this press release, including,
without limitation: Daré’s ability to raise additional capital when
and as needed to advance its product candidates, execute its
business strategy and continue as a going concern; the risk that
positive findings in early clinical and/or nonclinical studies of a
product candidate may not be predictive of success in subsequent
clinical and/or nonclinical studies of that candidate; Daré’s
ability to develop, obtain FDA or foreign regulatory approval for,
and commercialize its product candidates and to do so on
communicated timelines; failure or delay in starting, conducting
and completing clinical trials of a product candidate; Daré’s
ability to design and conduct successful clinical trials, to enroll
a sufficient number of patients, to meet established clinical
endpoints, to avoid undesirable side effects and other safety
concerns, and to demonstrate sufficient safety and efficacy of its
product candidates; Daré’s dependence on third parties to conduct
clinical trials and manufacture and supply clinical trial material
and commercial product; risk that development of a product
candidate requires more clinical or nonclinical studies than Daré
anticipates; loss of, or inability to attract, key personnel; the
effects of the COVID-19 pandemic, macroeconomic conditions and
geopolitical events on Daré’s operations, financial results and
condition, and ability to achieve current plans and objectives,
including the potential impact of the pandemic on Daré’s ability to
timely commence, enroll, conduct and report results of its clinical
trials and on the ability of third parties on which Daré relies to
assist in the conduct of its business to fulfill their contractual
obligations to Daré; the impact of pharmaceutical industry
regulation and health care legislation in the United States and
internationally; the risk that developments by competitors make
Daré’s product or product candidates less competitive or obsolete;
difficulties establishing and sustaining relationships with
development and/or commercial collaborators; failure of Daré’s
product or product candidates, if approved, to gain market
acceptance or obtain adequate coverage or reimbursement from
third-party payers; Daré’s ability to retain its licensed rights to
develop and commercialize a product or product candidate; Daré’s
ability to satisfy the monetary obligations and other requirements
in connection with its exclusive, in-license agreements covering
the critical patents and related intellectual property related to
its product and product candidates; Daré’s ability to adequately
protect or enforce its, or its licensor’s, intellectual property
rights; the lack of patent protection for the active ingredients in
certain of Daré’s product candidates which could expose its
products to competition from other formulations using the same
active ingredients; product liability claims; governmental
investigations or actions relating to Daré’s product or product
candidates or the business activities of Daré, its commercial
collaborators or other third parties on which Daré relies; the
impact of pharmaceutical industry regulation and health care
legislation in the United States and internationally; global trends
toward health care cost containment; cyber attacks, security
breaches or similar events that compromise Daré’s technology
systems or those of third parties on which it relies and/or
significantly disrupt Daré’s business; and disputes or other
developments concerning Daré’s intellectual property rights. Daré’s
forward-looking statements are based upon its current expectations
and involve assumptions that may never materialize or may prove to
be incorrect. All forward-looking statements are expressly
qualified in their entirety by these cautionary statements. For a
detailed description of Daré’s risks and uncertainties, you are
encouraged to review its documents filed with the SEC including
Daré’s recent filings on Form 8-K, Form 10-K and Form 10-Q. You are
cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date on which they were
made. Daré undertakes no obligation to update such statements to
reflect events that occur or circumstances that exist after the
date on which they were made, except as required by law.
Contacts:
Investors on behalf of Daré Bioscience,
Inc.:Lee Roth / Julia WeilmanBurns
McClellanlroth@burnsmc.com / jweilman@burnsmc.com
646.930.4406
OR
Media on behalf of Daré Bioscience,
Inc.:Jake RobisonEvoke
Canalejake.robison@evokegroup.com619.849.5383
Source: Daré Bioscience, Inc.
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