other_material
confidence high
sentiment negative
materiality 0.60
Relmada terminates esmethadone license agreement with Inturrisi and Manfredi
RELMADA THERAPEUTICS, INC.
- On July 7, 2025, Relmada delivered termination notice for the esmethadone License Agreement with Drs. Inturrisi and Manfredi.
- The agreement granted exclusive worldwide license for esmethadone in psychiatric use; obligations cease 90 days after notice.
- Relmada had been paying $45,000 quarterly under the agreement; upfront fee of $180,000 paid in 2018.
- The termination ends Relmada's participation in the previously announced esmethadone development program.
- No commercial sales, royalties, or sublicense payments had occurred under the agreement.
item 1.02