24/7 Market News Snapshot 11 July, 2025 – Dare Bioscience, Inc. Common Stock (NASDAQ:DARE)
DENVER, Colo., 11 July, 2025 (www.247marketnews.com) – (NASDAQ:DARE) are discussed in this article.
Daré Bioscience, Inc. (NASDAQ:DARE), a prominent biopharmaceutical company focused on enhancing women’s health, has recently secured a significant non-dilutive funding installment of $6 million, part of its ongoing multi-year grant agreement. This financial boost is aimed at advancing DARE-LARC1, an innovative long-acting reversible contraceptive that employs Daré’s intelligent drug delivery system (DARE-IDDS). This funding increment raises the total received to approximately $37.8 million, part of a broader commitment of up to $49 million to support nonclinical development, Investigational New Drug (IND)-enabling studies, and to facilitate the submission of an IND to the U.S. Food and Drug Administration (FDA).
DARE-LARC1 is designed to deliver levonorgestrel through a next-generation programmable device, offering a promising solution that could revolutionize contraceptive management by minimizing the necessity for daily dosing and enhancing user adherence. Sabrina Martucci Johnson, the President and CEO of Daré Bioscience, noted the significance of this funding milestone, highlighting its potential to accelerate the development of what is deemed one of the most promising smart drug delivery technologies currently in progress. She emphasized its dual purpose of expanding reproductive health solutions while establishing a versatile platform capable of addressing numerous chronic conditions that require precise dosing and long-term management.
Amid a current bearish trading environment, with Daré’s stock trading at $2.273, reflecting a decline from the previous close, investor confidence remains critical. The robust trading volume of 4.86 million shares speaks to heightened interest, likely stemming from reactions to developments in the company’s innovative pipeline. As Daré explores strategic partnerships to broaden the reach of the DARE-IDDS platform, it positions itself to address a variety of therapeutic areas, including obesity and diabetes, potentially reshaping the landscape of treatment options and enhancing patient experiences across multiple sectors.
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- Daré Bioscience Receives $6 Million Non-Dilutive Grant Installment; $37.8M to Date of up to $49M Commitment Supporting Smart Drug Delivery Device for Contraception; Platform has Broader Application Potential in Obesity and Metabolic Disorders