Tang Capital Management RLMD Position
Exited4-Fund ConvergenceTang Capital Management exited their position in RELMADA THERAPEUTICS, INC. (RLMD) in Q1 2025, after holding the stock for 5 quarters.
The position was first reported in Q1 2024 and has been tracked across 5 quarterly 13F filings.
RLMD is a convergence signal: 4 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 3 readout for NDV-01 (sustained-release gemcitabine-docetaxel) in 1263 days (Sep 30, 2029), making the timing of Tang Capital's position particularly relevant.
About RELMADA THERAPEUTICS, INC.
Relmada Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing various products for the treatment of central nervous system (CNS) diseases and other disorders. Its lead product candidate is Esmethadone (d-methadone, dextromethadone, and REL-1017), a new chemical entity and N-methyl-D-aspartate receptor antagonist that is in Phase 3 clinical trials for the adjunctive or monotherapy treatment of major depressive disorder in adults. The company was founded in 2004 and is headquartered in Coral Gables, Florida.
Full company profile →Short Interest
5.1%
1.2 days to cover
Tang Capital Management RLMD Position History
Frequently Asked Questions
Does Tang Capital Management own RLMD?
No. Tang Capital Management exited their position in RELMADA THERAPEUTICS, INC. (RLMD) in Q1 2025. They previously held the stock for 5 quarters.
How many hedge funds own RLMD?
4 specialist biotech hedge funds currently hold RLMD, including OrbiMed Advisors, Driehaus Capital, Deep Track Capital and 1 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Tang Capital Management first buy RLMD?
Tang Capital Management's position in RLMD was first reported in Q1 2024. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Tang Capital Management's RLMD position increasing or decreasing?
Tang Capital Management completely exited their RLMD position in the most recent quarter.
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