Daré Bioscience's DARE-LARC1 Platform Technology Achieves Proof-Of-Concept Device That Has Transformative Potential For Women's Health As Well As In Treating A Broad Range Of Diseases
Portfolio Pulse from Benzinga Newsdesk
Daré Bioscience, Inc. (NASDAQ:DARE) announced the achievement of proof of concept for its DARE-LARC1 platform technology, which can deliver therapeutic doses over extended periods. The technology, developed at MIT, has been enhanced by Daré and shows promise in women's health, particularly in long-acting contraceptives, and could transform treatment for chronic conditions like diabetes and obesity. Daré plans to begin strategic discussions with pharmaceutical companies and is developing the technology with foundation grant funding.
January 04, 2024 | 1:02 pm
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Daré Bioscience has achieved proof of concept for its DARE-LARC1 technology, which could revolutionize long-term drug delivery in women's health and other chronic conditions. The company is moving towards strategic partnerships and clinical trials.
The announcement of achieving proof of concept for DARE-LARC1 is a significant positive development for Daré Bioscience, indicating progress in their product pipeline. This could lead to increased investor confidence and potential partnerships, which may have a positive impact on the stock price in the short term.
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