Relmada Therapeutics — Third Quarter 2026 Earnings Summary

Relmada Therapeutics reported a net loss of $13.9 million for the third quarter of 2026, with research and development expenses rising to $9.2 million. The company holds approximately $202.1 million in cash and short-term investments as of September 30, 2026, which is projected to fund operations through 2029. Clinical updates indicate that 86% of patients in the NDV-01 Phase 2 study who achieved a complete response at 12 months remained in complete response at 18 months. Relmada remains on track to submit Investigational New Drug applications for both NDV-01 and sepranolone by the end of 2026, with the registrational Phase 3 SPECTRUM program for NDV-01 expected to commence upon clearance.