BetterLife Pharma Inc C.BETR

Alternate Symbol(s): BETRF

Healthcare

BetterLife Pharma Inc. is a biopharmaceutical company. The Company is focused on developing and commercializing two compounds, BETR-001 and BETR-002, to treat neuro-psychiatric and neurological disorders. BETR-001 is a non-hallucinogenic Lysergic Acid Diethylamide (LSD) derivative. BETR-001 mimics the projected therapeutic properties of LSD without causing its undesirable side effects such as hallucinations and cardiac toxicity. BETR-001 is a therapy to treat debilitating psychiatric disorders with high unmet need, such as major depressive disorder and anxiety disorders; as well as neurological disorders such as neuropathic pain. BETR-002 is a formulation of a derivative of dihydrohonokiol, a known anti-anxiety compound for treatment of benzodiazepine dependency, anxiety and spasticity. The Company also owns a drug candidate for the treatment of viral infections such as COVID-19. The Company’s subsidiaries include MedMelior Inc., BetterLife Pharma US Inc. and Blife Therapeutics Inc.

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BetterLife Pharma Inc > 5$(Five) Plus +++

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Comment by goldmikeon Dec 24, 2020 6:38am

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Post# 32176010

RE: 5$(Five) Plus +++

The #1 largest publicly traded psychedelic companyCompass Pathways (CMPS) finished today at a new all-time closing high of $59.20 per share! Its market caphas now reached $2.124 billion! NUMI after its latest equity offering will have a market cap of approximately US$156.345 million. Revive Therapeutics (CSE: RVV)'s market cap based on its latest shares outstanding is US$132.52 million.

BETR's market cap after acquiring 100% of Transcend Biodynamics LLC is currently only US$65.45 millionwhen BETR has acquired important intellectual property that will immediately position BETR alongsideMindMed (MMEDF) at the forefront of efforts todevelop LSD based pharmaceutical treatments. MMEDF is currently being valued above US$1 billionmaking it the second most valuable publicly traded psychedelic company after CMPS.