Relmada discontinues late-stage trials for depression drug, explores sale-February 2024-www.financetom.com

Relmada discontinues late-stage trials for depression drug, explores sale

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Relmada discontinues late-stage trials for depression drug, explores sale

Dec 9, 2024 5:06 AM

Dec 9 (Reuters) - Relmada Therapeutics ( RLMD ) said on

Monday it would discontinue the two late-stage studies planned

for the development of its depression drug and explore strategic

alternatives including a sale.

(Reporting by Christy Santhosh in Bengaluru; Editing by Sriraj

Kalluvila)

Previous page： GameStop CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition Next page： Sector Update: Consumer Stocks Advance Pre-Bell Thursday

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

GameStop CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition

Sep 22, 2024

On Wednesday, the Federal Trade Commission (FTC) said Ryan Cohen, managing partner of RC Ventures and Chairman and CEO of GameStop Corporation ( GME ) , will pay a $985,320 civil penalty. This fine stems from charges that Cohen violated the Hart-Scott-Rodino (HSR) Act by failing to file the necessary paperwork during his acquisition of shares in Wells Fargo &...

Sector Update: Consumer Stocks Advance Pre-Bell Thursday

Sep 22, 2024

09:17 AM EDT, 09/19/2024 (MT Newswires) -- Consumer stocks were edging higher pre-bell Thursday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.02% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 1.9% higher recently. Darden Restaurants ( DRI ) shares were up 7% after the company reported fiscal Q1 sales of $2.76 billion,...

Brazil's top court orders X not to circumvent ban at risk of daily fine

Sep 22, 2024

BRASILIA, Sept 19 (Reuters) - Brazil's Supreme Court ordered Elon Musk-owned social media platform X not to try to circumvent a previous ruling suspending the platform in the country, at risk of a daily fine of 5 million reais ($921,726.95), a court decision showed Thursday. X became accessible to many users in Brazil on Wednesday as an update to its...

Australia's REA sweetens takeover offer for Britain's Rightmove to $8.1 billion

Sep 22, 2024

(Reuters) - Australian property listing firm REA Group said on Monday it had sweetened the takeover offer for Rightmove to 6.1 billion pounds ($8.12 billion), after Britain's largest real estate portal rejected an earlier offer. The latest offer implies a value of 770 pence per Rightmove share. Rightmove is yet to respond to this offer. Rightmove rejected a 749 pence-per-share...