Dare Bioscience Inc
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Health Care : Health Care Equipment & Supplies | Small Cap Blend
Company profile

Dare Bioscience, Inc., formerly Cerulean Pharma Inc., is a healthcare company. The Company is focused on the development and commercialization of products in women’s reproductive health. Its lead product candidate is Ovaprene, a clinical stage, non-hormonal contraceptive ring. The Company is developing Ovaprene to provide protection over multiple weeks of use and require no intervention at the time of intercourse. Ovaprene has a custom intravaginal ring design, with a permeable mesh in the center of the ring that creates a partial barrier to sperm, and a mechanism to release locally acting spermiostatic agents through the ring. The combination of these two complementary approaches produces attractive contraceptive efficacy outcomes that are consistent with the effective barrier option, the diaphragm, and short-acting hormonal options, such as oral pill, patches and vaginal ring.

Closing Price
$1.28
Day's Change
0.04 (3.23%)
Bid
--
Ask
--
B/A Size
--
Day's High
1.30
Day's Low
1.24
Volume
(Light)
Volume:
304,349

10-day average volume:
489,549
304,349

Zenuity and Hewlett Packard Enterprise Join Forces to Develop Next Generation Autonomous Driving Cars

7:45 am ET January 21, 2020 (BusinessWire) Print

Hewlett Packard Enterprise (HPE) has been selected by Zenuity, a leading developer of software for self-driving and assisted driving cars, to provide the crucial artificial intelligence (AI) and high-performance computing (HPC) infrastructure it needs in order to develop next generation autonomous driving (AD) systems.

Zenuity is a joint venture between Volvo Cars (VCC) and Veoneer, two Swedish companies whose names are synonymous with automotive safety. Its platforms have been designed to deliver world-class performance in autonomous driving while at all times meeting stringent real-world safety benchmarks.

HPE will provide Zenuity with core data processing services that will allow Zenuity to gather, store, organize and analyze the data it generates globally from its network of test vehicles and software development centers. The end-to-end IT infrastructure will be delivered as-a-Service through HPE GreenLake.

"These are the crucial building blocks of the autonomous driving cars of the future," said Dennis Nobelius, Zenuity's chief executive. "HPE is providing us with the foundations upon which everything else is built."

"The paradigm shift we've seen in the past few years has been remarkable, with autonomous vehicles presenting the biggest opportunity we've seen in decades to disrupt and revolutionize the automotive industry. To meet this challenge, optimizing the convergence of HPC, data analytics and artificial intelligence is vital," said Antonio Neri, Chief Executive Officer, HPE.

"As Zenuity leads this change, ensuring an ecosystem that supports this convergence, coupled with matching infrastructure across edge computing, storage, compute and services is vital. This kind of partnership will provide Zenuity with the innovation and flexibility to adapt as it grows and is exactly why we're committed to offering everything as-a-Service to our customers."

The service is powered by purpose-built HPC technologies: HPE Apollo systems, HPE ProLiant servers, and a high performance parallel Lustre(R) file based storage solution, and will be delivered through the as-a-Service HPE GreenLake offering. HPE Pointnext Services will manage the solution, creating an easy-to-use environment for Zenuity's developers as they test, learn and validate new generations of its flagship AD software.

"While many of those trying to be first to market in the AD industry are moving at pace towards deployment, our focus is on delivering solutions that are the most safe to market. Building our real-life safety benchmark is part of this goal and relies on our ability to deliver a world-leading software stack built upon reliable infrastructure," said Mr Nobelius.

Deployment is due to begin rollout in summer 2020. Initial rollout will take place in Sweden, with plans for global deployment in the near future.

About Hewlett Packard Enterprise

Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions, with a consistent experience across all clouds and edges, to help customers develop new business models, engage in new ways, and increase operational performance.

For more information, visit www.hpe.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200121005252/en/

SOURCE: Hewlett Packard Enterprise

Clare Loxley, HPE
+44 7770 647643
clare.loxley@hpe.com


Catarina Falkenstrom, ZENUITY
+46 733 331194
catarina.falkenstrom@zenuity.com

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