Daré Bioscience Reports Full Year 2022 Financial Results and Provides a Company Update
SAN DIEGO, March 30, 2023 (GLOBE NEWSWIRE) -- Daré Bioscience, Inc. (NASDAQ: DARE), a leader in women’s health innovation, today reported financial results for the year ended December 31, 2022 and provided a company update.
- A proprietary, investigational cream formulation of sildenafil, the active ingredient in Viagra®, for topical administration to treat female sexual arousal disorder.
- Financial Highlights for the Year ended December 31, 2022
Cash and cash equivalents: $34.7 million at December 31, 2022, compared to $51.7 million at December 31, 2021. - Research and development expenses: $30.0 million in fiscal 2022 as compared to $30.6 in the prior year.
- Daré will host a conference call and live webcast today at 4:30 p.m. Eastern Time to review financial results for the year ended December 31, 2022 and to provide a company update.