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Relmada Therapeutics Stock Surges on Promising Bladder Cancer Trial Results

Relmada Therapeutics Stock Surges on Promising Bladder Cancer Trial Results

Author:

Global Cryptocurrency

Published:

2026-03-09 14:39:02

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BTCCSquare news:

Relmada Therapeutics (RLMD) shares jumped 31% in pre-market trading following two significant developments. Interim Phase 2 data for NDV-01, its bladder cancer treatment, demonstrated a 76% 12-month complete response rate, with an even higher 80% rate in BCG-unresponsive patients. The company also secured $160 million through an oversubscribed private placement.

Wall Street maintains a Strong Buy rating with a $10.25 average price target, reflecting optimism about NDV-01's clinical potential. Chief Medical Officer Raj S. Pruthi described the trial results as "meaningful clinical validation" for the program.

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