Relmada Therapeutics Announces the Acquisition of Development and Commercial Rights to Novel Psilocybin and Derivates Program from Arbormentis LLC
Arbormentis LLC is also eligible to receive a low single digit royalty on any commercialized therapy resulting from this agreement.
- Arbormentis LLC is also eligible to receive a low single digit royalty on any commercialized therapy resulting from this agreement.
- Arbormentis LLC is a privately-held drug discovery company engaged in potentially transformative innovations for CNS diseases.
- Relmada' s lead program, REL-1017, is a novel NMDA receptor (NMDAR) channel blocker that preferentially targets hyperactive channels while maintaining physiological glutamatergic neurotransmission.
- Relmada undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.