other material
confidence high
sentiment negative
materiality 0.80
Relmada phase 3 RELIANCE I trial for REL-1017 fails primary endpoint; post-hoc analysis shows significance
RELMADA THERAPEUTICS, INC.
- RELIANCE I did not achieve statistical significance on MADRS at Day 28: REL-1017 -15.1 vs placebo -12.9 (2.2-point difference).
- Response rate statistically significant: 39.8% REL-1017 vs 27.2% placebo (p<0.05).
- Post-hoc analysis excluding two high-enrolling centers with implausible placebo response showed 4.1-point MADRS difference (p=0.02).
- Safety profile favorable: no opioid-like, withdrawal, or psychotomimetic effects; no QTcF prolongation.
- Company is applying protocol and operational changes to the ongoing RELIANCE II trial.