Relmada Therapeutics Inc (NAS:RLMD)
$ 4.54 -0.41 (-8.28%) Market Cap: 484.28 Mil Enterprise Value: 266.55 Mil PE Ratio: 0 PB Ratio: 2.17 GF Score: 29/100

Q1 2026 Relmada Therapeutics Inc Earnings Call Transcript

May 12, 2026 / 08:30 PM GMT
Release Date Price: $7.45 (+1.22%)

Key Points

Positve
  • Relmada Therapeutics Inc (RLMD) reported robust 12-month data for NDV01 in non-muscle invasive bladder cancer (NMIBC), demonstrating high response rates and durable efficacy.
  • The company successfully completed a $160 million private placement financing, strengthening its financial position.
  • Relmada Therapeutics Inc (RLMD) achieved FDA alignment for its planned Phase III rescue program, enhancing the likelihood of regulatory approval.
  • A provisional patent application was filed for NDV01, potentially extending patent protection to 2047, which could significantly expand global IP protection.
  • The company has a strong cash balance of $234 million, expected to fund operations through 2029, including the completion of the Phase III Rescue Program for NDV01.
Negative
  • Research and development expenses decreased by $3.9 million compared to the previous year, which may indicate reduced investment in new projects.
  • General and administrative expenses increased by $5.1 million, primarily driven by higher compensation costs.
  • The net loss for the first quarter of 2026 was $19.1 million, an increase from the previous year's net loss of $17.6 million.
  • The company faces potential risks and uncertainties associated with forward-looking statements, which could impact future results.
  • There is a potential for variability or dilution of efficacy in the Phase III trial due to broad inclusion criteria, which could affect trial outcomes.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RLMD.OQ - Relmada Therapeutics Inc
Q1 2026 Relmada Therapeutics Inc Earnings Call
May 12, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and welcome to RELmada Therapeutics First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.

After the prepared remarks, we'll conduct a question-and-answer session. To ask a question, please press star one. As a reminder, this conference call is being recorded and will be available for replay on the RELMADA website. I would now like to turn the call over to Brian Ritchie from LifeSci Advisors. Please go ahead, Mr. Ritchie.

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Unidentified_2 [2]
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Thank you. Good day, everyone, and
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