Dare Bioscience, Inc. · NASDAQ:DARE

Dare Bioscience — Investor Presentation (November 2022)

50 slides from Dare Bioscience's investor presentation, Nov 3, 2022

  1. Slide 1: Corporate Presentation: November 3, 2022

    ) : : Exhibit 99.1 d Dare Bioscience an G. DARE IN ITALIAN, IT MEANS “TO GIVE.” IN ENGLISH, IT MEANS “TO BE BOLD.” NASDAQ: DARE www.darebioscience.com Corporate Presentation: November 3, 2022 ©2022 Daré Bioscience | All rights reserved

  2. Slide 2: Forward-Looking Statements; Disclaimers

    AL || Forward-Looking Statements; Disclaimers ee ee rk ee ce ee PEETTPEEEEETEEET ETE |) EP WINNIE HAIL This presentation is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities of Daré Bioscience, Inc. ("Daré” or the “Company”). This present

  3. Slide 3: Women's Health is Our Sole Focus

    en’s Health is Our Sole Focus Daré Bioscience is a biopharmaceutical company committed to addressing the lack of innovation in women’s health with differentiated products that address unmet needs primarily in the areas of contraception, fertility, and vaginal and sexual health. We work to accelerate

  4. Slide 4: Women's Health — An Efficient Investment Thesis

    en’s Health — An Efficient Investment Thesis We believe investment in women’s health Approximately 1% of healthcare research is will be efficient and invested in female-specific conditions disproportionately impactful: beyond oncology. - Women’s Health products make up 27% of total blockbuster produ

  5. Slide 5: Women's Health — Compelling Markets Where Innovation Matters

    Women’s Health — Compelling Markets Where Innovation Matte Contraception ~73 Million women ages 15-49* as hormonal monthly IVR, NuvaRing, ~$900M at peak? as hormonal IUD, Mirena franchise, ~$1.2B at peal? a copper IUD, still ~s200M/yr 40 years post launch* Sexual Health - No FDA approved product for

  6. Slide 6: Daré Portfolio — The Big Ideas

    Daré Portfolio — The Big Ideas* Contraception Ovaprene © - a Hormone-free, Monthly Contraceptive ADARE-204/214 - 15*6 & 12-Month Injectable Contraceptive DARE-LARCa - 1 Long-Acting, Reversible Personal Contraceptive System DARE-RHa - Hormone-free contraceptive target for women and men Sexual Health

  7. Slide 7: Daré Bioscience: A Compelling Opportunity

    Daré Bioscience: A Compelling Opportunity Meaningful market potential for differentiated products First-line or first-in-category product opportunities across the portfolio Remaining Program Milestones in 2022* Diverse pipeline with independent outcomes One FDA-approved product and several clinical

  8. Slide 8: Advancing Products Women Want - The Portfolio Snapshot

    Advancing Products Women Want - The Portfolio Snapshot d daré PHASE 3/ REGULATORY FDA ERE-CLINICAL BHASEs PHASE 2 PIVOTAL SUBMISSION APPROVED XACIATO™ “te ORGANON NDA Approved Dee. 7, 2028 z ‘Ovaprene® Ae Hormone-Free, Monthly Contraception 4 Pivotal Phase 3 Study IDE approved Sildenafil Cream, 3.6%

  9. Slide 9: FDA Approved — XACIATO

    FDA Approved — XACIATO XACIATO™ (Clindamycin Phosphate) Vaginal Gel, 2% NDA approved December 7, 2021 QIDP, Fast Track and Priority Review Designations Commercialization Collaborator “i ORGANON * XACIATO [zah-she-AH-toe] (clindamycin phosphate) vaginal gel, 2% is a lincosamide antibacterial indicate

  10. Slide 10: Advancing Products Women Want - Late Stage Programs

    Advancing Products Women Want - Late Stage Programs Ovaprene® Hormone-Free, Monthly Contraception cr Potential first-inseategery hormone- Pivotal Phase 3 Study to Commence 2023* free contraception Self-administered intravaginal * Investigational hormone-free, monthly intravaginal contraceptive. drug

  11. Slide 11: Advancing Products Women Want - Phase 1 and Preclinical

    Advancing Products Women Want - Phase 1 and Preclinical Hormone Therapy - Phase 1 Completed; Pregnancy Maintenance Vulvar and Vaginal Atrophy Phase 1/2 Study Completed Phase a Study Preparation Phase 1/2 Study Commenced 1. First-in-category combination hormone delivery for 1. First-in-category proge

  12. Slide 12: Daré: Advancing Products Women Want

    Daré: Advancing Products Women Want Innovative women's Every program, if Experienced Board of Directors Woineiisiiealtt health pipeline with approved, represents and Management Team with eneratinamore i i ial first-li demonstrated success in clinical generating multiple upcoming a potential first-li

  13. Slide 13: Experienced Management & Board of Directors

    Experienced Management & Board of Directors Management Team Board of Directors pabrina Martucc so bnsoDy William Rastetter, PhD Greg Matz, CPA iS Chairman President & CEO John Fair Cheryl Blanchard, PhD Sophia N. Ononye-Onyia, PhD, Chief Strategy Officer MPH, MBA Lisa Walters-Hoffert Chief Financial

  14. Slide 14: Daré Financial Highlights

    Daré Financial Highlights a > Recent Updates: Snapshot: + 30-22 through 8/8/22: $18.0 M cash receivedas F described below Cash and equivalents 6/30/22: $32.1 M Organon global license agreement for XACIATO™: Common shares o/s (8/8/22): 84.7 M . o 20-22: agreement became effective Warrants o/s: 1.6 M

  15. Slide 15: Daré — Working to Accelerate Innovation in Women's Health

    Daré — Working to Accelerate Innovation in W Program Milestones remaining in 2022*: po Ovaprene® (hormone-free monthly contraception) Pivotal Phase 3 study investigator meeting 12/2022; recruitment initiation mid-2023* DARE-VVAs2 (vaginal atrophy treatment for women with breast cancer) Phase 1/2 stu

  16. Slide 16: Commercialization Collaborator

    Commercialization Collaborator:

  17. Slide 17: Bacterial Vaginosis

    Bacterial Vaginosis d (- ro Recurring infection, difficult to treat effectively >) * Most common vaginal condition in women ages 15-44 _ + — Affects ~21 million women in the US? Clinical Issue ‘ reer . , — ; , + Bacterial Vaginosis increases health risks2, including increased risk of preterm birth,

  18. Slide 18: XACIATO: Overview

    XACIATO: Overview » XACIATO [zah-she-AH-toe] (clindamycin phosphate) vaginal gel, 2% is a lincosamide antibacterial indicated for the treatment of bacterial vaginosis in female patients 12 years of age and older. > This marks the first FDA-approved product in Daré’s portfolio of potential QIDP, Fast

  19. Slide 19: XACIATO - Commercial License Agreement with Organon

    XACIATO - Commercial License Agreement with Organon? March 2022 - Organon and Daré announced they entered into an /— agreement whereby Organon will license * The license became effective June 2022. global rights to XACIATO. The license : * Daré received a $10 million upfront payment from Organon bec

  20. Slide 20: XACIATO Important Safety Information

    XACIATO Important Safety Information* Indication XACIATO (clindamycin phosphate) vaginal gel is a lincosamide antibacterial indicated for the treatment of bacterial vaginosis in female patients 12 years of age and older. Dosage & Administer one applicatorful (5 g of gel containing 100 mg of clindamy

  21. Slide 21: XACIATO Use in Special Populations

    XACIATO Use in Special Populations* . * Other clindamycin vaginal products have been used to treat pregnant women during the second and Special third trimester. XACIATO has not been studied in pregnant women. However, based on the low Populations systemic absorption of XACIATO following the intravag

  22. Slide 22: U.S. Commercialization Collaborator / Phase 3 Development Collaborator

    U.S. Commercialization Collaborator: (49 Phase 3 Development Collaborator:

  23. Slide 23: Contraception: Large Market Opportunity

    Contraception: Large Market Opportunity Women in the Reproductive Health & Successful Contraceptive Brands Peak Sales: Contraception Market Segment (over 60 million women) Total us Femates Age 15-44 (millons) Source: US Census Bureau, 2027 National Dataset (2026 is base population estimate for proje

  24. Slide 24: Ovaprene® - Potential Market Opportunity

    Ovaprene® - Potential Market Opportunity There are approximately 65 million women in the US Aged 15-44? 30 Million Women? Not candidates for Ovaprene® @eceeeeeeeeen Currently use Pill (10.3M) *Sterilization (10.5M) no sinjectable (1.5M) *Pregnant/postpartum/ seeking contraception *Vaginal Ring pregn

  25. Slide 25: Pregnancies Expected: Hormone-free Options

    Pregnancies Expected Hormone-free Options ae (per 100 women) * Least Effective Spermicides >27 & Vaginal Gels? Condoms (male) 18 Diaphragms (with a spermicide) al) Easy-to-use monthly Effectiveness approaching option hormonal methods Copper IUD <1 Most Effective U.S. Food and Drug Administration Bir

  26. Slide 26: Ovaprene® Investigational Hormone-Free, Monthly Contraceptive

    Ovaprene® Investigational Hormone-Free, Monthly Contraceptive Desired Features of Physical Barrier © Birth Control Products: « Design Features of Ovaprene:>” Three-dimensional, . knitted polymer barrier +Efficacy 86% - 91% Expected Typical Use Effectiveness Approaching User-Controlled Hormone Contra

  27. Slide 27: Ovaprene® - Commercial License Agreement with Bayer

    Ovaprene® - Commercial License Agreement with Bayer* January 2020 - Bayer, which markets the ( oaayee received the right to obtain exclusive US rights to $1 billion Mirena contraceptive franchise, commercialize the product, following completion of the and Daré announced the execution of a pivotal cl

  28. Slide 28: Ovaprene® - Collaborative Research Agreement with NIH

    Ovaprene® - Collaborative Research Agreement with NIH* July 2024 — Dare announced that funding and (... pivotal Phase 3 study will be supported by the NICHD’s clinical operations support for the Phase 3 will be provided by the National Institutes of Health’s Eunice Kennedy Shriver National Institute

  29. Slide 29: Ovaprene® - U.S. Regulatory Strategy

    2.Mauck C., Vincent K. Biology of Reproduction, Volume Ovaprene® - U.S. Regulatory Strategy* Premarket approval (PMA) strategy — The Center for Devices and Radiological Health (CDRH) as lead review division Step 1 (Completed) Postcoital Test (PCT) Clinical Study - Completed 40 2019 Step 2 (Ongoing)

  30. Slide 30: Potential First-In-Category treatment for Female Sexual Arousal Disorder

    Potential First-In-Category treatment for Female Sexual Arousal Disorder (FSAD), which has no FDA-approved therapies Novel cream formulation of sildenafil to treat FSAD, utilizing active ingredient in Viagra® 30

  31. Slide 31: FSAD - The Clinical Issue

    FSAD - The Clinical Issue Female Sexual Arousal Disorder (FSAD) is characterized The condition should be distinguished primarily by inability to attain or maintain sufficient genital from a general loss of interest in sexual arousal during sexual activity and, of female sexual function activity and

  32. Slide 32: FSAD — What is the incidence?

    FSAD — What is the incidence? a Y Meta-analysis of 95 studies from 2000-2014 indicated prevalence of Female Sexual Dysfunction in premenopausal women worldwide is 41%, and difficulty with arousal alone is 23%.* y \ Market research estimates: > 33% of US women aged 21 to 60 (~ 20 million women), expe

  33. Slide 33: Sildenafil Cream, 3.6% - Product Profile

    Sildenafil Cream, 3.6% - Product Profile Topically administered investigational Sildenafil Cream? is... >A PDEs inhibitor utilized in ED medications for men — ED product Viagra® peaked at $2.05 billion in sales in 2012.? > Designed to increase local blood flow to provide improvement in genital arous

  34. Slide 34: Sildenafil Cream, 3.6% - Phase 2b

    Sildenafil Cream, 3.6% - Phase 2b Ongoing Phase 2b clinical study aims to evaluate Sildenafil Cream vs. placebo over 12 weeks of dosing following both a non-drug and placebo run-in period. > Compares Sildenafil Cream vs. placebo used in patients’ home setting. »> Primary endpoint: patient reported o

  35. Slide 35: Oral Sildenafil provided a compelling proof of concept for FSAD

    Oral Sildenafil provided a compelling proof of concept for FSAD Statistically significant increases in Vaginal Pulse Statistically significant improvement in genital ; ; + Question #2 - “After taking study medication, the Amplitude (VPA)* stimulation (FIEI)* sensation/feeling in my genital (vaginal,

  36. Slide 36: Sildenafil Cream, 3.6% - Phase 1 and Phase 2a Study Results

    Sildenafil Cream, 3.6% - Phase 1 and Phase 2a Study Results Phase 1 Study of SST-6007 (Sildenafil Cream, 3.6%)? Normal healthy postmenopausal women were dosed with escalating doses of Sildenafil Cream, 3.6%, using a cross-over study design. Sildenafil Cream had significantly lower systemic exposure

  37. Slide 37: Sildenafil Cream, 3.6% - Thermography Study Results

    Sildenafil Cream, 3.6% - Thermography Study Results* Demonstrated time to effect (See Figure 2) Figure 1. Clitoral temperature change during the sexually explicit film Positive cognitive arousal responses sildenafil Cream were noted. 25 Significantly greater increases in genital Placebo Cream temper

  38. Slide 38: Phase 1 and Preclinical Programs

    Phase 1 and Preclinical Programs New investigational prescription drug delivery options for women

  39. Slide 39: Advancing Products Women Want - Phase 1 and Preclinical

    Advancing Products Women Want - Phase 1 and Preclinical Hormone Therapy - Phase 1 Completed; Pregnancy Maintenance Vulvar and Vaginal Atrophy Phase 1/2 Study Completed Phase a Study Preparation Phase 1/2 Study Commenced 1. First-in-category combination hormone delivery for 1. First-in-category proge

  40. Slide 40: Intravaginal Ring (IVR) Technology Highlights

    Intravaginal Ring (IVR) Technology Highlights The Vaginal Route of Drug Administration? Our IVR Technology — Design Features: > Vaginal drug delivery offers many > Sustained drug delivery, potential advantages due to large surface area, dense network of blood vessels and high elasticity due to } Sol

  41. Slide 41: DARE-HRT1

    DARE-HRT1* Combination bio-identical estradiol + bio-identical progesterone 28-day IVR for hormone therapy following menopause. There are no FDA approved options with both hormones in one monthly IVR. Over 45M women in U.S. approaching or in menopause* a > Hormone Therapy (HT) HT remains the most ef

  42. Slide 42: DARE-HRT1

    DARE-HRT1* Completed Phase 1 STUDY A Phase 1, Open-Label, 3-arm Parallel Group Study to Evaluate the Pharmacokinetics (PK) and Safety of DARE-HRT1 (80 yg and 160 yg Estradiol/ 4 mg and 8 mg Progesterone Intravaginal Rings) in Healthy Post-Menopausal Women. The topline data from the study support DAR

  43. Slide 43: DARE-FRT1 and DARE-PTB1

    DARE-FRT1 and DARE-PTBa* Bio-identical progesterone 14-day IVR for prevention of preterm birth and luteal phase support as part of an IVF treatment plan. There are currently no FDA approved products marketed in the U.S. that do not require daily dosing of progesterone. {) +*505(b)(2) candidate* Prev

  44. Slide 44: DARE-VVA1

    DARE-VVA1* Proprietary tamoxifen formulation for vaginal administration for vulvar and vaginal atrophy (VVA), a chronic condition characterized by pain during intercourse, vaginal dryness and irritation. There are currently no FDA approved products labeled for VVA treatment in HR+ breast cancer. Pot

  45. Slide 45: DARE-VVA1 - Proof of Concept

    DARE-VVAsz - Proof of Concept This exploratory study? in four postmenopausal women diagnosed with VVA demonstrated that a self-administered vaginal suppository containing tamoxifen (20mg) dosed daily for one week and twice weekly for three months was effective in reducing vaginal pH and vaginal dryn

  46. Slide 46: DARE-VVA1 - Phase 1/2 Study

    DARE-VVAz - Phase 1/2 Study Phase 1/2 study’ is designed to evaluate the safety, pharmacokinetics and pharmacodynamics of DARE-VVA1 in postmenopausal participants with moderate to severe VVA and is being conducted by the Company’s wholly owned subsidiary in Australia. * The Phase 1/2 study will eval

  47. Slide 47: ADARE 204/214

    ADARE 204/214* Novel 6 & 12-month injectable formulations of etonogestrel being developed as a longer-acting, reversible method of contraception with a more predictable return to fertility. There are currently no FDA approved injectable contraceptives available indicated for 6-12 months protection.

  48. Slide 48: DARE-LARC1

    DARE-LARC1* Long-Acting, Reversible Personal Contraceptive System — levonorgestrel-releasing implant drug delivery system designed to store and precisely deliver hundreds of therapeutic doses over years that a woman can turn on and off herself, according to her own needs, without further healthcare

  49. Slide 49: DARE-GML

    DARE-GML Glycerol monolaurate (GML) is a naturally occurring fatty acid monoester that has shown broad antimicrobial activity, killing bacteria, fungi and viruses, and represents a new class of antimicrobial agents. GML has the potential to be a first-in-category multi-target antimicrobial. Bacteria

  50. Slide 50: Daring to Be Different and Advancing Products Women Want

    NASDAQ: DARE www.darebioscience.com “) DARING TO BE DIFFERENT® AND ADVANCING daré PRODUCTS WOMEN WANT 50

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