Vancouver, January 18, 2021 (GLOBE NEWSWIRE) — BetterLife Pharma Inc. (“Better Life” or “Company”) (CSE: BETR / OTCQB: BETRF / FRA: NPAU), An emerging biotechnology company focused on developing and commercializing cutting-edge treatments for psychiatric disorders and viral infections announced that Health Canada has confirmed that 2-bromo-LSD is not a controlled drug. Did. According to Health Canada, “Information currently available at the Department of Controlled Drugs, 2-bromo-LSD, is not governed by the Schedule of Controlled Drugs and Substances Act.”
In the online version of Forbes magazine yesterday, Better Life CEO Ahmad Doroudian said that current regulations impose significant barriers to the development of current-generation psychedelic and LSD-based compounds and are uncontrolled, such as the TD-0148A. It further emphasized the benefits of the second generation psychedelics. ..You can access the full Forbes article here..
“Confirming the uncontrolled status of 2-bromo-LSD is an important first step for BetterLife to begin preclinical trials of its leading 2nd generation psychedelic product TD-0148A. During the development process of TD-0148A, we do not face significant regulatory hurdles that other psychedelic products must overcome. We can dispense at the pharmacy level and safely administer at home, We believe there is a great need for new non-psychedelic treatments for mental disorders. BetterLife’s TD-0148A is one such treatment, “said Ahmad Doroudian, CEO of BetterLife.BetterLife Pharma Inc.aboutBetterLife Pharma Inc. is an emerging biotechnology company engaged in the development and commercialization of next-generation psychedelic products for the treatment of mental illness. BetterLife leverages drug delivery platform technology to take drugs from a wide range of complementary interferon-based technologies that may involve the immune system to combat viral infections such as coronavirus disease (COVID-19) and human papillomavirus. We are improving and developing candidates. (HPV).
For more information,
please visit: www.abetterlifepharma.com
contact information:Ahmad Drudian, Chief executive officer
Phone number: 604-221-0595
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BetterLife confirms unmanaged status of 2-bromo-LSD in Health Canada, Canada Business Journal
Source link BetterLife confirms unmanaged status of 2-bromo-LSD in Health Canada, Canada Business Journal