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BetterLife Pharma Inc.

Biotechnology / Mental Health ~260 employees
Founded
--
Employees (Est.)
~260
13 leaders known
Total Funding
$1.5M
Funding Rounds
1
Last Funding
2023-03-08

About BetterLife Pharma Inc.

BetterLife Pharma is an emerging biotechnology company focused on developing and commercializing patient-friendly, non-hallucinogenic compounds to treat neuro-psychiatric and neurological disorders. Their mission is to deliver breakthrough therapeutics for mental health conditions like anxiety, depression, PTSD, and migraines, aiming to build a better life through innovative medicines.

Products & Services

BETR-001 (2-Bromo-LSD):A second-generation LSD derivative molecule that mimics the therapeutic properties of LSD without hallucinogenic side effects. It is a potential therapy for psychiatric disorders like treatment-resistant depression and PTSD, as well as neurological disorders like cluster headaches. It offers advantages over other psychedelics with lower regulatory hurdles and patient self-administration potential.

Specialties

Non-hallucinogenic therapeutics Neuro-psychiatric disorder treatments Neurological disorder treatments Mental health solutions (anxiety, depression, PTSD, migraines)

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement
T: -
FT: Private Placement
A: 1500000
MR: -
FA: 1,500,000
FAN: 1500000
D: 2023-03-08
FD: 2023-03-08
-
Private Placement Latest
2023-03-08
$1.5M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Ahmad Doroudian

Chief Executive Officer & Director

H

Hooshmand Sheshbaradaran

Chief Operating Officer

M

Moira Ong

Chief Financial Officer

S

Scott Rudge

Head CMC

A

Abdi Ghaffari

Head Preclinical & Toxicology

A

Adam Halberstadt

Adjunct Professor, Psychiatry

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Recent News

BetterLife Pharma Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Biotechnology / Mental Health
Company Size
~260 employees (est.)

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Technology Stack

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