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Relmada cut to neutral by Mizuho on Phase 3 study failure (NASDAQ:RLMD)

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Mizuho has downgraded Relmada Therapeutics (NASDAQ:RLMD) to neutral on the apparent demise of its drug candidate REL-1017 for major depressive disorder.

The investment bank said it was disappointed that a Data Monitoring Committee determined a Phase 3 study for the

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