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Receptor Life Sciences
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RLS103, a dry powder inhaled cannabidiol (CBD), is a first-in-class drug/device combination product for the acute treatment of psychiatric and neurological disorders.


Lead Product(s): Cannabidiol

Therapeutic Area: Neurology Product Name: RLS103

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 01, 2022

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RLS103, a dry powder inhaled cannabidiol (CBD), uses an inhalation formulation technology coupled with a breath-powered device, both currently used in two FDA-approved products.


Lead Product(s): Cannabidiol

Therapeutic Area: Psychiatry/Psychology Product Name: RLS103

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 29, 2022

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RLS will use proceeds from financing to advance RLS103 through proof-of-concept clinical safety and efficacy studies in treatment of psychiatric and neurological disorders. RLS103, a dry powder inhaled cannabidiol (CBD), is a first-in-class drug/device combination product.


Lead Product(s): Cannabidiol

Therapeutic Area: Psychiatry/Psychology Product Name: RLS103

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: Granite Point Capital

Deal Size: $9.7 million Upfront Cash: Undisclosed

Deal Type: Financing April 07, 2022

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The RLS103 inhalation powder contains synthetic CBD and FDKP, an FDA-approved inhalation excipient. In an initial proof-of-concept pharmacokinetic clinical study, RLS103 provided immediate CBD absorption with peak concentration less than 4 minutes after inhalation.


Lead Product(s): Cannabidiol

Therapeutic Area: Psychiatry/Psychology Product Name: RLS103

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 30, 2022

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RLS102 is a first-in-class, pure synthetic CBD capsule is being investigated for the treatment of irritability in patients with autism spectrum disorder that uses an FDA-approved drug delivery technology.


Lead Product(s): Cannabidiol

Therapeutic Area: Neurology Product Name: RLS102

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 19, 2021

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Receptor Life Sciences has completed a pre-investigational new drug meeting with the U.S. FDA. The meeting resulted in clear guidance on the regulatory requirements for the development and approval of RLS103 under section 505(b)(2).


Lead Product(s): Cannabidiol

Therapeutic Area: Psychiatry/Psychology Product Name: RLS 103

Highest Development Status: IND EnablingProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 17, 2021

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