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: 2.47 GF Score: 29/100

Q2 2026 Relmada Therapeutics Inc Earnings Call Transcript

Aug 6, 2026 / 08:30 PM GMT
Release Date Price: $5.37 (-1.29%)

Key Points

Positve
  • Relmada Therapeutics Inc (RLMD) reported strong phase 2 data for NDVO1, with 95% of patients achieving a complete response at any time and 76% having a durable complete response at 12 months.
  • The company has a strong balance sheet with $217.7 million in cash, expected to fund operations through 2029, including the completion of the phase 3 program for NDVO1.
  • Relmada Therapeutics Inc (RLMD) has FDA alignment on two planned registrational pathways for NDVO1, de-risking the regulatory path forward.
  • The company has a clear plan to file INDs for both NDVO1 and sopranolol by the end of 2026, with clinical trial sites already engaged and prepared to enroll patients.
  • The addition of a new Chief Business Officer with nearly three decades of experience in uro-oncology, including leading the US launch of the first FDA-approved intravesical gene therapy for NMIBC, strengthens the team's commercial and development expertise.
Negative
  • Relmada Therapeutics Inc (RLMD) has delayed the NDVO1 IND filing from mid-2026 to the end of 2026 due to manufacturing scale-up challenges, including scheduling with GMP manufacturing partners.
  • The company has not yet decided on the timing or format of initial phase 3 clinical data disclosure, with the 3-month complete response data potentially pushed into the first half of 2027.
  • Manufacturing for NDVO1 remains the final and critical gating factor, with the company needing to complete GMP batch production and stability data before filing the IND.
  • Relmada Therapeutics Inc (RLMD) has not yet reviewed the 18-month phase 2 data, as management has been entirely focused on phase 3 preparation, leaving a potential data gap for investors.
  • The company's net loss increased to $12.9 million in Q2 2026 from $9.9 million in Q2 2025, driven by higher R&D and manufacturing costs.


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

RLMD.OQ - Relmada Therapeutics Inc
Q2 2026 Relmada Therapeutics Inc Earnings Call
Aug 06, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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1,

Good afternoon and welcome to Remada Therapeutics second quarter earnings conference call at this time, all participants are in a listen-only mode.

After the prepared remarks, we will conduct a question-and-answer session.

To ask a question, please press star 1.

As a reminder, this conference call is being recorded and will be available for replay on the Realmada website.

I would now like to turn the call over to Joyce Long again.

Please go ahead.

Thank you, operator.

Good day everyone, and thank you for joining us today.

This afternoon, Ramada issued a press release providing the business update and outlining its financial results for
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