Relmada Therapeutics Inc
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Health Care : Pharmaceuticals | Small Cap Growth
Company profile

Relmada Therapeutics, Inc. is a clinical-stage biotechnology company. The Company is focused on the development of esmethadone (d-methadone, dextromethadone, REL-1017), which is an N-methyl-D-aspartate (NMDA) receptor antagonist. The Company’s lead product candidate, esmethadone, is a new chemical entity (NCE) developed as a rapidly acting, oral agent for the treatment of depression, central nervous system (CNS) diseases and other potential indications. The Company’s lead program, REL-1017, is a novel NMDA receptor (NMDAR) channel blocker that preferentially targets hyperactive channels while maintaining physiological glutamatergic neurotransmission and is in development for both the adjunctive or monotherapy treatment of major depressive disorder (MDD).

Closing Price
$33.23
Day's Change
1.45 (4.56%)
Bid
--
Ask
--
B/A Size
--
Day's High
33.44
Day's Low
31.50
Volume
(Light)
Volume:
381,525

10-day average volume:
571,687
381,525

New Jersey takes step toward adult use cannabis sales

9:29 am ET April 12, 2022 (MarketWatch)
Print

New Jersey'a Cannabis Regulatory Commission on Monday OK'd applications from seven cannabis companies to sell cannabis to adults over 21, pending operational inspections and issuance of new licenses. Acreage Holdings , Ascend Wellness Holdings Inc. (AAWH), Columbia Care Inc., Curaleaf , Green Thumb Industries , Verano Holdings Corp. and TerrAscend Corp. will be allowed to operate a combined 13 adult use dispensaries. The state is also processing applications for other adult use players but will allow these companies to start selling sooner. The AdvisorShares Pure Cannabis ETF (MSOS) is down 25% so far this year.

-Steve Gelsi

	

(END) Dow Jones Newswires

April 12, 2022 09:29 ET (13:29 GMT)

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