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Sep 30, 2022

Relmada Q3 2022 Earnings Report

Relmada reported preliminary and unaudited financial results for Q3 2022 and provided a corporate update.

Key Takeaways

Relmada Therapeutics announced Q3 2022 financial results, with a focus on the ongoing evaluation of REL-1017 for major depressive disorder (MDD). Top-line results from the RELIANCE III trial were recently announced, and the company anticipates further results from RELIANCE I before the year's end. Enrollment continues for RELIANCE II, with top-line results expected in 2023.

RELIANCE III top-line results are being further evaluated.

Top-line results from RELIANCE I are expected before the end of the year.

Enrollment continues in RELIANCE II, with top-line results anticipated in 2023.

Relmada remains confident in REL-1017's potential for adjunctive treatment of MDD.

EPS
-$1.31
Previous year: -$2.44
-46.3%
Cash and Equivalents
$42.5M
Previous year: $11.4M
+271.4%
Total Assets
$187M
Previous year: $90.9M
+105.8%

Relmada

Relmada

Forward Guidance

Relmada is focused on advancing REL-1017 in clinical development and expects top-line results from RELIANCE I before the end of the year and RELIANCE II in 2023.