Addition of Promising Product Candidates
Relmada added two unique product candidates, NDV-01 for bladder cancer and sepranolone for Prader-Willi syndrome and Tourette syndrome, both with very encouraging Phase 2 data.
Positive Phase 2 Data for NDV-01
Initial proof-of-concept Phase 2 data for NDV-01 showed an overall response rate of 90% and a complete response in carcinoma in situ patients at 100%.
Strong Safety Profile for NDV-01
NDV-01 was well tolerated with no treatment-related adverse events greater than Grade 1.
Financial Position and Cost Management
Relmada has a $27.1 million cash balance and reported a decrease in net loss from $21.8 million in Q1 2024 to $17.6 million in Q1 2025.
Sepranolone's Potential in Treating Neurobehavioral Disorders
Sepranolone, with a broad safety database and promising Phase 2 results in Tourette syndrome, is expected to address sizeable underserved markets including Prader-Willi syndrome.