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Daré Bioscience

Daré Bioscience is a publicly traded biotech firm led by Sabrina Martucci Johnson, focusing on women's health therapeutics.

Daré Bioscience

Sabrina Martucci Johnson founded Daré Bioscience after becoming frustrated with the lack of industry commitment to women's health. The firm is headquartered in San Diego and operates as a publicly traded biotech company, listed on the NASDAQ under the ticker DARE. Its mission is to bring evidence-based treatments to conditions like contraception, menopause, and vaginal health that the medical establishment has historically underfunded. The company's strategy spans several therapeutic areas via its product lines: DARE to PLAY (a topical sildenafil cream for female arousal), DARE to RESTORE (a vaginal probiotic), and DARE to RECLAIM, DARE to SUPPORT, DARE to PLAN, and DARE to FIGHT covering menopause support, contraception, and vaginal health. Its most advanced candidate is Ovaprene, a hormone-free contraceptive that posted positive interim Phase 3 results in May 2026 (per the firm, May 2026). Daré reports its pipeline is based on randomized, controlled clinical trials and peer-reviewed publications. The firm operates as a public company with 58 listed professionals, including a Chief Scientific Officer, medical directors, and operations leads. It has disclosed spending on women's health research and product development, though total deployment figures are not publicly available. A recent operational event: May 2026, reported positive interim Phase 3 results for Ovaprene, a novel hormone-free contraceptive (per the firm, May 2026). Daré Bioscience is structurally distinct from a typical venture-backed biotech—it is publicly traded, not family-office funded, and its mission-driven mandate focuses exclusively on women's health. The company's regulatory posture as a NASDAQ-listed entity compels public financial disclosures, but it does not operate as a family office or investment vehicle.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Diego

Corporate office

San Diego, CA, United States

Principals

Sabrina Martucci Johnson

Chief Executive Officer & President

David Friend, PhD

Chief Scientific Officer

MarDee Haring-Layton

Chief Accounting Officer

Jessica Hatheway

Vice President, Clinical Operations

Annie Thurman, MD, FACOG

Medical Director

Mark Walters

Vice President, Operations

Robert Charboneau

Vice President, Manufacturing & Supply Chain

Jennifer Kiang

Vice President, Corporate Affairs and Development

Christine Mauck M.D.

Medical Director

Nicolas Pacelli

Vice President, Alliance Management and Business Development

Elizabeth Proos

Vice President, Product Development

William H. Rastetter, PhD

Chairman of the Board

Jessica Grossman, MD

Board Member

Susan L. Kelley, MD

Board Member

Gregory W. Matz, CPA

Board Member

Robin Steele, JD, LLM

Board Member

Sector focus

Healthcare ServicesDigital Health

Frequently asked questions

Who runs investment decisions at Daré Bioscience?

As a publicly traded company, investment decisions are overseen by its board of directors and executive management, including CEO Sabrina Martucci Johnson. The firm does not operate as a family office or investment vehicle, so capital allocation is focused on R&D and clinical trials for women's health products.

Is Daré Bioscience a family office?

No. Daré Bioscience is a publicly traded biotech company listed on the NASDAQ. It does not manage capital for any family or foundation and is not structured as a family office. Its revenue comes from product sales and public equity markets, not family office allocations.

Does Daré Bioscience accept external investment or partnerships?

Daré appears to fund its operations through public equity markets and potentially partnerships, as indicated by its status as a publicly traded company. It does not disclose a family office or venture capital fund structure. The firm has executed at least one partnership—it has a product candidate for female arousal cream (DARE to PLAY) that is available for pre-fulfillment prescriptions.

What is Daré Bioscience's most advanced product candidate?

The most advanced candidate is Ovaprene, a hormone-free contraceptive that posted positive interim Phase 3 results in May 2026 (per the firm, May 2026). The company also has one FDA-approved product and multiple other candidates in clinical trials covering contraception, menopause, and vaginal health.

What investment stages does Daré Bioscience target?

Daré is a clinical-stage biotech, meaning it targets early- to mid-stage development of therapeutics. It conducts end-to-end clinical development, from preclinical research through FDA submission. The firm does not invest in external companies or funds.

Where does the underlying wealth for Daré Bioscience come from?

Daré is a publicly traded company, not a family office. Its capital comes from public equity markets (NASDAQ: DARE), not from a single family or wealthy individual. The firm's founder, Sabrina Martucci Johnson, did not disclose personal wealth origin in relation to the company.

What is Daré Bioscience's known posture on co-investments alongside external GPs?

Daré does not participate in co-investments with GPs. As a publicly traded biotech, it focuses on internal R&D and clinical development rather than acting as an investment partner. If you are seeking a family office with co-investment capabilities, Daré is not a relevant firm.

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