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Relmada Therapeutics Inc  (NASDAQ: RLMD)
Other Ticker:  
 
 
Price: $0.3738 $-0.01 -1.657%
Day's High: $0.395 Week Perf: -7.48 %
Day's Low: $ 0.36 30 Day Perf: -3.86 %
Volume (M): 209 52 Wk High: $ 7.22
Volume (M$): $ 78 52 Wk Avg: $3.37
Open: $0.40 52 Wk Low: $0.34



 Market Capitalization (Millions $) 11
 Shares Outstanding (Millions) 30
 Employees 23
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -91
 Cash Flow (TTM) (Millions $) -25
 Capital Exp. (TTM) (Millions $) 0

Relmada Therapeutics Inc
Relmada Therapeutics Inc. is a clinical-stage biopharmaceutical company that focuses on developing novel therapies for the treatment of central nervous system (CNS) disorders. The company was founded in 2004 and is headquartered in New York, NY.

Relmada's lead product candidate is dextromethadone (d-Methadone), which is a new chemical entity designed to treat chronic pain in a way that avoids the potential for abuse and addiction. It is currently undergoing phase III clinical trials for the treatment of neuropathic pain associated with complex regional pain syndrome (CRPS). In addition, the company is developing other drug candidates aimed at addressing other CNS disorders such as depression, anxiety, and addiction.

Relmadaes approach to drug development focuses on optimizing the pharmacology of existing drugs rather than designing entirely new ones. This approach reduces the overall development time and costs while allowing the company to leverage existing clinical data and expertise.

The companyes drug development programs are based on intellectual property licensed from the University of Chicago, the Companyes co-founders, and from third-party licensors. Relmadaes proprietary technological platform enables the development of new chemical entities and the optimization of existing drugs' pharmacology.

Relmadaes team of experienced scientists, executives, and advisors have a track record of successful drug development and commercialization. The Companyes management team includes an Executive Chairman, CEO, and COO, and the board of directors includes high-level executives from the pharmaceutical industry.

In summary, Relmada Therapeutics Inc. is a clinical stage biopharmaceutical company that focuses on developing novel therapies for the treatment of CNS disorders, leveraging the optimization of existing drugs and a proprietary technological platform. The company's main drug candidate is d-Methadone, which is currently in Phase III clinical trials for the treatment of neuropathic pain associated with CRPS.


   Company Address: 2222 Ponce de Leon Coral Gables 33134 FL
   Company Phone Number: 629-1376   Stock Exchange / Ticker: NASDAQ RLMD


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CING        2.81% 
DMAC        15.12% 
IRWD   -2.92%    
ITCI   -0.78%    
NRXP   -18.33%    
TLPH        16.28% 
• View Complete Report
   



Stock Market Announcement

Relmada Therapeutics Initiates Strategic Review to Enhance Shareholder Value Amidst Innovations in Metabolic Disease Treatment

Published Mon, Dec 9 2024 12:30 PM UTC

Relmada Therapeutics Explores Strategic Alternatives to Maximize Shareholder ValueIn a significant move poised to reshape its operational landscape, Relmada Therapeutics, Inc. has officially announced that it has commenced a process to explore strategic alternatives aimed at maximizing shareholder value. This announcement is pivotal given the intricacies involved in the biot...

Clinical Study

Relmada Therapeutics Navigating Challenges and Innovations in Metabolic Disease Treatment

Published Thu, Nov 14 2024 12:30 PM UTC

Relmada Therapeutics Inc., a biopharmaceutical company focused on developing innovative therapies for various diseases, recently announced the initiation of Phase 1 dosing of its proprietary psilocybin formulation, REL-P11, aimed at treating metabolic diseases. This move comes at a time when the company faces significant financial pressures, highlighted by a year-on-year re...

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Exploring the Potential of Transcode Therapeutics Inc (RNAZ) stock in the Biotechnology & Medical Research Industry

Published Wed, Jul 10 2024 7:37 PM UTC

CSIMarket.com is pleased to present an analysis of Transcode Therapeutics Inc s performance in the biotechnology and medical research industry. This article aims to shed light on the company s market capitalization, growth potential, and investor sentiment. Additionally, we will discuss the recent investigations into Relmada Therapeutics Inc s suspected securities violatio...

Relmada Therapeutics Inc

Relmada Therapeutics Inc Reveals Recent Operating Shortfall of $-22.7 Million - What's Next for the Company?



Relmada Therapeutics Inc, a pharmaceutical company listed on the NASDAQ, has witnessed a notable surge in its stock value over the past trading days. Additionally, the company has shown positive advancements in its financial results, evident in the reduction of its operating shortfall and diminishing returns. These developments raise questions about how these factors will impact Relmada Therapeutics Inc moving forward and what it means for its competitiveness in the industry.
Stock Performance
Over the past five trading days, Relmada Therapeutics Inc's stock has experienced a solid gain of 5.69%. Furthermore, during the preceding 30 days, the company's stock recorded an increase of 5.33%. Although the stock is currently trading on the NASDAQ 3.4% below its 52-week average, the recent gains signify positive investor sentiment and confidence in the company's prospects.

Relmada Therapeutics Inc

Relmada Therapeutics Inc Makes Strides in Financial Performance, Narrowing Operating Shortfall to $-45.512072 million by Q2 2023

Relmada Therapeutics Inc, a major player in the pharmaceutical preparations industry, recently revealed disappointing financial figures for the second quarter of 2023. The company reported an operating shortfall of $-26.026726 million, which, although an improvement compared to the $-45.512072 million shortfall in the same quarter of the previous year, suggests that RLMD is still struggling to find its footing in the market.
While it is commendable that Relmada Therapeutics Inc has been actively working on developing new revenue sources, it is crucial for the company to prioritize running its operations in an economically efficient manner. It is apparent that RLMD has made efforts to cut down on losses, as the operating shortfall for the second quarter of 2023 decreased to $-25.303 million from $-39.935 million in the previous year's second quarter. However, these figures still indicate that the company is facing significant challenges.










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