Strategic Product Acquisition Success
Relmada successfully acquired two new product candidates, NDV-01 and Sepranolone, aligning with their strategic goal to maximize shareholder value through innovation and targeting underserved markets.
NDV-01 Promising Pipeline Development
NDV-01 is currently in Phase 2 for high-grade non-muscle invasive bladder cancer, with top-line data expected at the American Urological Association Meeting in April 2025. It shows potential for innovation and near-term value creation.
Sepranolone Acquisition for Compulsion Disorders
Sepranolone, acquired for Tourette syndrome and other compulsive disorders, is a Phase 2b ready program with promising Phase 2a results and robust safety data from over 350 subjects.
Decreased Operating Expenses
Research and development expenses decreased by $3.7 million and general administrative expenses decreased by $4 million in Q4 2024 compared to Q4 2023, indicating efficient resource management.