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Biotech Firm ''Creating Innovative Solutions' for Female Health

Streetwise Reports, Streetwise Reports
0 Comments| July 24, 2019

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The company's most advanced assets are discussed in a Dawson James Securities report.

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In a July 18 research note, Dawson James Securities analyst Jason Kolbert reported he assumed coverage on Daré Bioscience Inc. (DARE:NASDAQ), and in doing so, rated it Buy and assigned it a $4 per share price target. Daré's stock is currently trading at around $0.75 per share.

Kolbert noted that Daré has three lead product candidates, one each for these common female health issues: bacterial vaginosis, contraception and female sexual arousal disorder (FSAD). He reviewed each asset.

Regarding bacterial vaginosis, the company's DARE-BV1, shown to have cure rates as high as 86%, is in development, Kolbert relayed. "The product appears superior to the standard of care treatments with average cure rates of 50%," he wrote. The product formulation is a gel, allowing for local delivery and a single application. This bodes well for DARE-BV1, Kolbert pointed out, given the treatment landscape for bacterial vaginosis could use a more effective, one-time solution.

As for contraception, Kolbert indicated that Daré's Ovaprene is helping fill the need for additional modalities, a gap that encompasses about 40 million women in the U.S. alone. Ovaprene, a device self-administered monthly, differentiates itself from leading products Bayer's Mirena IUS and Merck's NuvaRing in that it is hormone free. It also is effective and easy to use and has a favorable side effect profile.

"Daré's Ovaprene fulfills all four features, creating a brand new product category for contraception," Kolbert commented. "Daré hopes to not only attract consumers who already use nonhormonal methods but also convert those who currently use hormonal products."

Given that Ovaprene checks all the boxes and considering sales of contraception products overall in the U.S. in 2016 were $6 billion, the opportunity for Daré's contraception product is "large," highlighted Kolbert.

With respect to FSAD, Daré is pursuing the use of sildenafil cream, noted Kolbert. The company believes the chance of getting U.S. Food and Drug Administration approval of it is good. "Oral sildenafil has already proved statistically significant results in increasing genital blood flow in women, further bolstering the probability of success for the product," he added.

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.

Disclosures for Dawson James Securities, Dare Bioscience, July 18, 2019,

The Firm does not make a market in the securities of the subject company(s). The Firm has NOT engaged in investment banking relationships with Dare in the prior twelve months, as a manager or co-manager of a public offering and has NOT received compensation resulting from those relationships. The Firm may seek compensation for investment banking services in the future from the subject company(s). The Firm has not received any other compensation from the subject company(s) in the last 12 months for services unrelated to managing or co-managing of a public offering.

Neither the research analyst(s) whose name appears on this report nor any member of his (their) household is an officer, director or advisory board member of these companies. The Firm and/or its directors and employees may own securities of the company(s) in this report and may increase or decrease holdings in the future. As of June 30, 2019, the Firm as a whole did not beneficially own 1% or more of any class of common equity securities of the subject company(s) of this report. The Firm, its officers, directors, analysts or employees may affect transactions in and have long or short positions in the securities (or options or warrants related to those securities) of the company(s) subject to this report. The Firm may affect transactions as principal or agent in those securities.

Analysts receive no direct compensation in connection with the Firm's investment banking business. All Firm employees, including the analyst(s) responsible for preparing this report, may be eligible to receive non-product or service specific monetary bonus compensation that is based upon various factors, including total revenues of the Firm and its affiliates as well as a portion of the proceeds from a broad pool of investment vehicles consisting of components of the compensation generated by investment banking activities, including but not limited to shares of stock and/or warrants, which may or may not include the securities referenced in this report.

Analyst Certification: The analyst(s) whose name appears on this research report certifies that 1) all of the views expressed in this report accurately reflect his (their) personal views about any and all of the subject securities or issuers discussed; and 2) no part of the research analyst’s compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed by the research analyst in this research report; and 3) all Dawson James employees, including the analyst(s) responsible for preparing this research report, may be eligible to receive non-product or service specific monetary bonus compensation that is based upon various factors, including total revenues of Dawson James and its affiliates as well as a portion of the proceeds from a broad pool of investment vehicles consisting of components of the compensation generated by investment banking activities, including but not limited to shares of stock and/or warrants, which may or may not include the securities referenced in this report.



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