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Relmada Therapeutics Inc

RLMD

$0.45

Closing

▼-28.57%

1D

▼-89.13%

YTD

RLMD

BBG003MKSL25

Exchange

Sector

Market cap

$13.58M

Volume

745,149

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Market cap

$13.58M

Analysts' Rating

BUY

Price Target (Mean)

10.13

Total Analysts

4

P/E

Operating Margin

0.00%

Beta

0.36

Revenue Growth

0.00%

52 week high

$7.00

52 week low

$0.44

Div. Yield

%

EPS Growth

-18.06

Company Profile

Relmada Therapeutics, Inc. is a clinical-stage biotechnology company addressing diseases of the central nervous system (CNS), with a focus on major depressive disorder (MDD). The Company is focused on the development of esmethadone (d-methadone, dextromethadone, REL-1017), an N-methyl-D-aspartate (NMDA) receptor antagonist. Esmethadone, an isomer of methadone, is a new chemical entity (NCE) that potentially addresses areas of high unmet medical need in the treatment of central nervous system (CNS) diseases and other disorders. The Company’s lead program, REL-1017, is a NCE and novel NMDA receptor (NMDAR) channel blocker that preferentially targets hyperactive channels while maintaining physiological glutamatergic neurotransmission. REL-1017 is in late-stage development as an adjunctive treatment for MDD in adults. Its esmethadone, is being developed as a rapidly acting, oral agent for the treatment of depression and other potential indications.