Relmada targets year-end IND filings for NDV-01 and sepranolone, reports $217.7M cash
The company said it expects to submit INDs for both lead programs by year-end 2026, with cash it says can fund operations through 2029.
Relmada Therapeutics reported second quarter 2026 results and a business update on August 6, 2026. The company said it is advancing NDV-01 toward IND filing expected by year-end 2026 with GMP manufacturing of clinical trial material underway1, with plans for initiation of the Phase 3 RESCUE registrational program upon IND clearance1.
On the CNS side, Relmada said its sepranolone IND filing is expected by year-end 2026 and initiation of a Phase 2 proof-of-concept study in Prader-Willi Syndrome is planned upon IND clearance1. The company noted that formulation development for sepranolone is complete, and it is finalizing the pre-filled syringe delivery system, which is the remaining step ahead of the sepranolone IND submission1.
For NDV-01, Relmada said it has received written FDA feedback confirming alignment on two registrational development pathways for NDV-01, including study design, patient populations, and primary endpoints1. The company also said clinical trial sites are engaged and prepared to begin enrollment following IND clearance1.
Relmada also announced a leadership change, strengthening the leadership team with the appointment of Bipin Dalmia as Chief Business Officer1, and said it was added to the Russell 2000 and Russell 3000 Indexes effective June 26, 20261.
On finances, the company reported a cash balance of $217.7 million as of June 30, 2026, which it said is expected to fund operations through 2029, including completion of the NDV-01 Phase 3 RESCUE program1. Net loss for the quarter was $12.9 million, or $0.11 per basic and diluted share, compared with a net loss of $9.9 million, or $0.30 per basic and diluted share, for the three months ended June 30, 20251. Relmada will host a conference call on the results.
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