BB's Stock Haven

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Check out DARE! Low float, huge product line of women's health products in pipeline, several in late stage testing, $320,000,000 deal with Bayer for Ovaprene (hormone free contraceptive), Gates foundation and other grants to offset testing costs, recently ran from about $1.20 to $1.77 as it was named a biotech stock that can have huge returns.

https://finance.yahoo.com/news/3-strong-buy-penny-stocks-193045541.html

Daré Bioscience, Inc. (DARE)

Focused on identifying and advancing cutting-edge therapies, Daré Bioscience’s products could provide women with additional choices, improved outcomes as well as options that are easier to use. Its strong pipeline and $1.00 share price have scored it substantial praise from the pros on Wall Street.

One of these DARE bulls is Aegis Capital’s Nathan Weinstein. Citing its DARE-BV1 asset as a key component of his bullish thesis, the analyst tells investors that DARE had kicked off its pivotal trial for the candidate in patients with bacterial vaginosis (BV) earlier than he previously expected.

Speaking to the therapy’s potential, DARE-BV1 is a bio-adhesive formulation of clindamycin phosphate 2% that, in a previous proof-of-concept study, generated an 86% clinical cure rate of BV. The trial, "DARE-BVFREE", is a randomized, double-blind, placebo-controlled pivotal Phase 3, and will enroll 240 patients across multiple sites in the U.S., with the primary endpoint being clinical cure (resolution of signs and symptoms). Weinstein points out that the therapy has already been given both Fast Track and QIDP designations. “Topline data is anticipated to be released this year, and, if the study is successful, we expect an NDA application to be filed in 2021,” the analyst added.

On top of this, DARE’s pipeline features two other promising lead assets including Ovaprene, a monthly non-hormonal contraceptive, and Sildenafil Cream, designed for the treatment of female sexual arousal disorder (FSAD).

Commenting on the pipeline, Weinstein stated, “We think the diversified, women's health-focused pipeline is undervalued relative to what we view as the upside potential, given: (1) the company's proven ability to strike sizable partnership deals, (2) the uniqueness of the assets that address what we view as unmet needs in the market, (3) the appeal of having multiple shots on goal, and (4) the possibility that FSAD proves to be a larger TAM than is currently appreciated.”

If that wasn’t enough, the company is also developing a user-controlled long-acting reversible contraceptive device called DARE-LARC1, with the product already receiving funding from the Bill & Melinda Gates Foundation.

To this end, Weinstein rates DARE shares a Buy along with a $5 price target. This figure conveys his confidence in DARE’s ability to soar 403% in the coming year. (To watch Weinstein’s track record, click here)

Turning now to the rest of the Street, other analysts are on the same page. With 5 Buys and no Holds or Sells, the word on the Street is that DARE is a Strong Buy. Given its $4.50 average price target, upside of 350% could be in store for investors.