Daré Bioscience Announces Grant to Support Biotherapeutic Product Development
SAN DIEGO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Daré Bioscience, Inc. (NASDAQ: DARE), a leader in women’s health innovation, today announced it has received a grant from the Bill & Melinda Gates Foundation (the foundation) of $750,000 to fund activities related to bacteria-based live biotherapeutic product development.
- SAN DIEGO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Daré Bioscience, Inc. (NASDAQ: DARE), a leader in women’s health innovation, today announced it has received a grant from the Bill & Melinda Gates Foundation (the foundation) of $750,000 to fund activities related to bacteria-based live biotherapeutic product development.
- Daré previously received a grant of approximately $585,000 from the foundation for development of a hydrogel formulation for delivery of live biotherapeutics to support vaginal health in November 2022.
- The additional grant is intended to cover the costs of Daré personnel to gather and analyze data on the global bacterial biologic supply chain to help the foundation identify potential Contract Manufacturing Organization (CMO) partners for manufacturing clinical and commercial supplies of bacteria-based biotherapeutic products.
- This work will benefit women and newborns as the primary patient populations for interventions where bacteria consortia products are an important modality in the therapeutic arsenal,” said David Friend, PhD, Chief Scientific Officer of Daré Bioscience.