other_material
confidence high
sentiment positive
materiality 0.75
Daré's Ovaprene Phase 3 interim shows ~9% pregnancy rate; DSMB OK to continue
Dare Bioscience, Inc.
- DSMB recommended study continue without modification after planned interim safety analysis.
- ~9% of treated women had experienced a pregnancy, consistent with company expectations.
- ~17% discontinued due to vaginal odor; no serious safety concerns or new tolerability issues.
- ~115 of target ~250 participants ongoing/completed; final primary endpoint uses Pearl Index.
- Bayer can obtain U.S. commercialization rights with $20M payment, plus up to $310M milestones and tiered royalties.
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