Relmada Therapeutics Inc. issued a mid-year letter to shareholders, signed by Chief Executive Officer Sergio Traversa. The letter provides an update on the company's progress and outlines recent strategic developments. A comprehensive strategic review led to the addition of two Phase 2 product candidates: NDV-01, for non-muscle invasive bladder cancer, and Sepranolone, for compulsivity disorders such as Prader-Willi Syndrome. Six-month follow-up data from the Phase 2 study of NDV-01 showed a 91% complete response rate. Preparations are underway to initiate a Phase 3 trial in the first half of 2026. The letter also discusses upcoming activities related to Sepranolone, including FDA engagement and manufacturing activities planned for the second half of 2025, and the initiation of a Phase 2 study in the first half of 2026. The full letter can be accessed through the link below.
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