earnings
confidence high
sentiment neutral
materiality 0.50
Dare Bioscience Q1 cash $19.8M; Sildenafil Cream Phase 2b data and XACIATO launch expected Q2
Dare Bioscience, Inc.
2023-Q1 EPS reported
-$0.09
- Cash $19.8M at March 31; G&A $3.3M (up from $2.6M) on commercial-readiness and email fraud loss; R&D $5.0M (down from $5.8M).
- Expects Sildenafil Cream Phase 2b topline data in Q2 2023 for FSAD, a condition with no FDA-approved treatments.
- XACIATO first commercial sale by Organon expected Q2 2023, triggering $2.5M milestone payment to Daré.
- Ovaprene pivotal Phase 3 contraceptive study start mid-2023 under NIH/NICHD CRADA; DARE-HRT1 and DARE-VVA1 IND prep ongoing.