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BetterLife Engages Nucro-Technics to Complete the last GLP Toxicology Study of BETR-001 Required by the FDA for IND and Phase 1

(Very Positive)

BetterLife (OTCQB: BETRF) has engaged Nucro-Technics to conduct the last IND-enabling GLP toxicology study of its lead candidate BETR-001. BETR-001, a non-hallucinogenic 2-bromo-LSD derivative, is being developed for migraine and cluster headache. The FDA IND filing is projected for Q1 2027, supporting a planned Phase 1 program.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • Agreement signed for final IND-enabling GLP toxicology study of BETR-001
  • Clear BETR-001 FDA IND filing projection for Q1 2027
  • BETR-001 targets migraine and cluster headache with unmet medical needs
  • Non-hallucinogenic 2-bromo-LSD derivative with neuroplastogen profile

Negative

  • BETR-001 remains at pre-IND, pre-Phase 1 development stage
  • IND submission for BETR-001 not projected until Q1 2027
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Vancouver, British Columbia--(Newsfile Corp. - July 6, 2026) - BetterLife Pharma Inc. (CSE: BETR) (OTCQB: BETRF) (FSE: NPAU) ("BetterLife" or the "Company") announces it has entered into an agreement with Nucro-Technics Inc. ("Nucro") to conduct the last IND-enabling GLP toxicology study with BETR-001 for its planned IND and Phase 1 program.

BETR-001 is 2-bromo-lysergic acid diethylamide (2-Br-LSD), a non-hallucinogenic derivative of LSD. BETR-001 is a potent neuroplastogen and an agonist of the 5-HT1B, 5-HT1D, and 5-HT1F receptors, which are clinically validated targets of migraine therapies, as well as the 5-HT2A receptors. BETR-001 is being developed initially for migraine and cluster headache, two disabling headache disorders with substantial unmet medical needs. The BETR-001 IND filing is projected for Q1 2027.

"We are pleased to be partnering with Nucro to conduct the final BETR-001 IND-enabling GLP toxicology study. Their toxicology and regulatory expertise strengthen our path to an IND filing in the first quarter of 2027," said Dr. Ahmad Doroudian, BetterLife's Chief Executive Officer.

"We are pleased to partner with BetterLife to advance BETR-001 toward the clinic through design and conduct of the final IND-enabling GLP toxicology study. Our teams share a commitment to advancing innovative therapies efficiently and responsibly, with the goal of bringing new treatment options to patients. We are proud to support this program as it progresses toward IND submission and first-in-human clinical studies, "said John Fanaras, President of Nucro.

About BetterLife Pharma

BetterLife Pharma Inc. is a biotechnology company developing compounds for the treatment of neurological and neuro-psychiatric disorders. Its lead candidate, BETR-001, is a non-hallucinogenic LSD-derivative molecule in preclinical development.

For further information, please visit BetterLife Pharma.

Contact

Ahmad Doroudian, Chief Executive Officer
Email: Ahmad.Doroudian@blifepharma.com
Phone: 1-604-221-0595

About Nucro-Technics

Nucro-Technics Inc. is a Pharmaceutical Contract Support Organization and conducts GMP & GLP-Compliant Chemistry, Microbiology, Toxicology, Genetic Toxicology, and Bioanalytical Testing to fulfill FDA, Health Canada, European and other International Regulatory Agencies.

For further information, please visit Nucro-Technics.

Contact

John C. Fanaras, President
Email: fanaras@nucro-technics.com
Phone: 416-438-6727 Ext. 232

Cautionary Note Regarding Forward-Looking Statements

No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release may contain forward-looking statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. Forward looking statements include, but are not limited to, statements regarding the projected therapeutic potential of LSD and the treatment potential of BETR-001. These statements reflect current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including risks relating to financing, clinical and regulatory timelines and the Company's ability to continue as a going concern. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release. Additional risk factors are described in the Company's filings at www.sedarplus.ca. The Company undertakes no obligation to update these statements except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303921

FAQ

What did BetterLife (OTCQB: BETRF) announce about BETR-001 on July 6, 2026?

BetterLife announced an agreement with Nucro-Technics to run the final IND-enabling GLP toxicology study for BETR-001. According to BetterLife, this study supports a planned FDA IND filing and Phase 1 clinical program projected for the first quarter of 2027.

What is BETR-001 and what conditions is BetterLife targeting with BETRF stock?

BETR-001 is 2-bromo-lysergic acid diethylamide (2-Br-LSD), a non-hallucinogenic LSD derivative. According to BetterLife, it is being developed initially to treat migraine and cluster headache, two disabling headache disorders described as having substantial unmet medical needs.

When is BetterLife expecting to file the BETR-001 FDA IND for BETRF?

BetterLife is projecting the BETR-001 IND filing for the first quarter of 2027. According to BetterLife, completion of the final IND-enabling GLP toxicology study by Nucro-Technics is a key step toward this submission and the planned Phase 1 clinical program.

What role will Nucro-Technics play in BetterLife’s BETR-001 program (BETRF)?

Nucro-Technics will design and conduct the last IND-enabling GLP toxicology study for BETR-001. According to BetterLife, Nucro’s toxicology and regulatory expertise is expected to support the path toward IND submission and future first-in-human clinical studies of the candidate.

How does the new GLP toxicology study affect BETR-001’s path to Phase 1 trials?

The GLP toxicology study is described as the final IND-enabling study required by the FDA for BETR-001. According to BetterLife, its completion is intended to support IND submission in Q1 2027 and enable the planned first-in-human Phase 1 clinical program.

What therapeutic targets does BETR-001 focus on in BetterLife’s BETRF pipeline?

BETR-001 is described as a potent neuroplastogen and agonist of 5-HT1B, 5-HT1D, 5-HT1F and 5-HT2A receptors. According to BetterLife, the 5-HT1B, 5-HT1D and 5-HT1F receptors are clinically validated targets of existing migraine therapies.