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Relmada Therapeutics, Inc. - RLMD STOCK NEWS

Welcome to our dedicated page for Relmada Therapeutics news (Ticker: RLMD), a resource for investors and traders seeking the latest updates and insights on Relmada Therapeutics stock.

Relmada Therapeutics, Inc. (Nasdaq: RLMD) is a clinical-stage biotechnology company focusing on the development of treatments for central nervous system (CNS) disorders, particularly major depressive disorder (MDD). The company's lead product candidate, REL-1017, is a new chemical entity (NCE) and NMDA receptor channel blocker. It is currently being evaluated in late-stage clinical trials as an adjunctive treatment for MDD in adults.

REL-1017 has shown promise in clinical studies, demonstrating rapid and sustained improvements in depressive symptoms with a favorable safety profile. The ongoing clinical development program includes two Phase 3 trials: Reliance II (Study 302) and Relight (Study 304), which are designed to assess the efficacy and safety of REL-1017 in patients with MDD who have an inadequate response to their current antidepressant therapies.

Relmada Therapeutics is also advancing a novel non-psychedelic/low dose psilocybin program (REL-P11) for the treatment of metabolic conditions. Initial preclinical studies have shown significant therapeutic potential in improving metabolic parameters, and the company plans to initiate Phase 1 and Phase 2a trials in obese patients with steatotic liver disease.

In recent corporate updates, Relmada has reported significant progress in its clinical development plans, with study enrollments proceeding as expected and additional preclinical and Phase 1 studies supporting future regulatory submissions. The company is well-funded to continue its research and development activities, aiming for multiple clinical milestones and potential regulatory filings in the near future.

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Relmada Therapeutics (Nasdaq: RLMD) announced the presentation of data on its lead product, REL-1017, at the 2021 Society of Biological Psychiatry Annual Meeting, occurring virtually from April 29 to May 1, 2021. Six posters will detail REL-1017's effects as an NMDA receptor antagonist, showing promise for treating major depressive disorder (MDD). Previous Phase 2 trials indicated rapid antidepressant effects and good safety profiles. The FDA has granted REL-1017 Fast Track designation for MDD treatment, highlighting its potential in late-stage development.

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Relmada Therapeutics (Nasdaq: RLMD) announced that CEO Sergio Traversa will participate in a fireside chat at the 7th Annual Truist Securities Life Sciences Summit on May 4, 2021, at 2:40 PM ET. This event highlights the company's focus on addressing diseases of the central nervous system, specifically with their lead program, REL-1017, which is in late-stage development targeting major depressive disorder. A live webcast of the discussion will be available for 90 days post-event, and further information can be found on Relmada's investor website.

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Relmada Therapeutics (Nasdaq: RLMD) announced the presentation of data on its lead product candidate, REL-1017, at the ASPET Annual Meeting, which runs virtually from April 27 to April 30, 2021. The poster titled, REL-1017 (esmethadone) Did Not Produce Initial or Cumulative Neurotoxic Effects, highlights REL-1017's safety profile and its potential as a rapid-acting antidepressant. Previously, REL-1017 received FDA Fast Track designation for treating major depressive disorder (MDD) as an adjunctive treatment following positive Phase 2 trial results.

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Relmada Therapeutics (Nasdaq: RLMD) has initiated the second pivotal Phase 3 trial of its lead candidate REL-1017 as an adjunctive treatment for major depressive disorder (MDD), which affects over 17 million Americans. The RELIANCE program consists of two studies, each targeting 364 patients who have not adequately responded to standard antidepressants. Primary outcomes will be measured by the Montgomery and Asberg Depression Rating Scale (MADRS) at day 28. Top-line data from both trials is expected in the first half of 2022, building on promising results from a previous Phase 2 trial.

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Relmada Therapeutics (Nasdaq: RLMD) announced its fourth quarter and full year 2020 financial results, reporting a net loss of $20.8 million for Q4 and $59.5 million for the year. The company is advancing its lead candidate, REL-1017, intended for major depressive disorder (MDD). Following a successful Phase 2 trial, the Phase 3 program is underway, with the first trial, RELIANCE I, actively enrolling patients. Relmada has significant cash reserves of approximately $117.1 million, which is projected to support upcoming studies and milestones into 2022.

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Relmada Therapeutics (Nasdaq: RLMD) will report its fourth quarter and full-year financial results for 2020 on March 23, 2021, after market close. This announcement precedes a conference call and live audio webcast scheduled for the same day at 4:30 PM ET. The company focuses on central nervous system diseases, particularly major depressive disorder, with its lead program, REL-1017, in late-stage development. A replay of the webcast will be accessible on their Investor Relations page.

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Relmada Therapeutics, Inc. (Nasdaq: RLMD) announced that CEO Sergio Traversa will participate in a fireside chat at the Oppenheimer 31st Annual Healthcare Conference on March 16, 2021, at 10:40 a.m. ET. A live webcast will be available on the investor section of the company's website, with a replay accessible for 90 days post-event.

Relmada focuses on central nervous system diseases, particularly major depressive disorder, and is advancing its lead program, REL-1017, into late-stage development.

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Relmada Therapeutics, Inc. (Nasdaq: RLMD) announced that CEO Sergio Traversa will participate in a fireside chat at the 2021 SVB Leerink Global Healthcare Conference on February 25, 2021, at 3:40 p.m. ET. The event will be webcast live, with a replay available for 90 days. Relmada focuses on addressing central nervous system diseases, particularly major depressive disorder (MDD), with its lead program, REL-1017, in late-stage development as an adjunctive treatment for MDD in adults. The press release includes forward-looking statements regarding risks and uncertainties.

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Relmada Therapeutics (Nasdaq: RLMD) announced the enrollment of the first patient in its Phase 3 trial (RELIANCE I) for REL-1017 as an adjunctive treatment for major depressive disorder (MDD). CEO Sergio Traversa highlighted this as a significant milestone, emphasizing guidance from the FDA based on positive Phase 2 results. The Phase 3 program features two trials involving 400 MDD patients across 55 sites in the U.S. Key endpoints include assessing changes in depression scores at day 28, with top-line results expected in the first half of 2022.

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Relmada Therapeutics, Inc. (Nasdaq: RLMD) will have its CEO, Sergio Traversa, participate in two virtual investor conferences. The first is the Jefferies London Healthcare Conference on November 19, 2020, at 10:50 AM EST, with a live webcast available on their website. The second is the Piper Sandler 32nd Annual Healthcare Conference, where a fireside chat will be accessible starting November 23, 2020. Relmada specializes in therapies for CNS diseases, focusing on major depressive disorder (MDD) with its lead program REL-1017.

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FAQ

What is the current stock price of Relmada Therapeutics (RLMD)?

The current stock price of Relmada Therapeutics (RLMD) is $0.3629 as of December 20, 2024.

What is the market cap of Relmada Therapeutics (RLMD)?

The market cap of Relmada Therapeutics (RLMD) is approximately 10.7M.

What is Relmada Therapeutics' primary focus?

Relmada Therapeutics focuses on developing treatments for central nervous system (CNS) disorders, particularly major depressive disorder (MDD).

What is REL-1017?

REL-1017 is a new chemical entity and NMDA receptor channel blocker being developed by Relmada as an adjunctive treatment for major depressive disorder (MDD) in adults.

What are Reliance II and Relight?

Reliance II (Study 302) and Relight (Study 304) are Phase 3 clinical trials evaluating the efficacy and safety of REL-1017 in patients with MDD who have an inadequate response to their current antidepressant treatments.

What recent progress has Relmada reported?

Relmada has reported ongoing progress in clinical trials, with steady patient enrollments and additional preclinical and Phase 1 studies supporting future regulatory submissions.

What is the REL-P11 program?

REL-P11 is Relmada's program focused on developing a non-psychedelic/low dose psilocybin formulation for the treatment of metabolic conditions, including steatotic liver disease.

How has REL-1017 performed in clinical studies?

REL-1017 has demonstrated rapid and sustained improvements in depressive symptoms with a favorable safety profile in clinical studies.

What are the anticipated milestones for Relmada in 2024?

Relmada anticipates completing enrollments for ongoing Phase 3 trials, initiating Phase 1 and 2a trials for REL-P11, and potentially filing regulatory submissions for REL-1017.

Is Relmada financially stable to continue its research?

Yes, Relmada has reported being sufficiently funded to continue its research and development activities, aiming for significant clinical milestones.

What is the significance of REL-1017's mechanism of action?

REL-1017 preferentially targets hyperactive NMDA receptor channels while maintaining physiological glutamatergic neurotransmission, which is mechanistically different from current treatments for MDD.

How can I learn more about Relmada Therapeutics?

You can learn more about Relmada Therapeutics by visiting their official website at www.relmada.com.

Relmada Therapeutics, Inc.

Nasdaq:RLMD

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4.16%
Biotechnology
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