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The trial tests BetterLife’s proprietary inhaled interferon alpha-2b product, AP-003 administered via nebulizer. AP-003, being a Type I interferon, is a broad acting antiviral agent used in COVID-19 patients.


Lead Product(s): Interferon Alfa-2B

Therapeutic Area: Infections and Infectious Diseases Product Name: AP-003

Highest Development Status: PreclinicalProduct Type: Large molecule

Partner/Sponsor/Collaborator: Pontificia Universidad Catolica de Chile

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 22, 2021

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The IFN-a2b treatment arms will receive BetterLife’s proprietary inhaled IFN-a2b product, AP-003, administered via nebulizer, twice daily for 10 days.


Lead Product(s): Interferon Alfa-2B

Therapeutic Area: Infections and Infectious Diseases Product Name: AP-003

Highest Development Status: Phase IIProduct Type: Large molecule

Recipient: BetterLife Pharma

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 27, 2021

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Altum Pharmaceuticals has entered into a Letter of Intent with Pontificia Universidad Católica de Chile to conduct a randomized placebo-controlled trial (“IN2COVID”) in COVID-19 patients testing Altum’s proprietary inhaled interferon alpha-2b product, AP-003.


Lead Product(s): Interferon Alfa-2B

Therapeutic Area: Infections and Infectious Diseases Product Name: AP-003

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 11, 2021

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Altum reports that in May 2020 management requested a pre-IND meeting with the FDA with the intent to discuss the planned development of AP-003 (Interferon Alpha-2b for inhalation) for the treatment of COVID-19.


Lead Product(s): Interferon a2b

Therapeutic Area: Infections and Infectious Diseases Product Name: AP-003

Highest Development Status: Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: BetterLife Pharma

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Acquisition July 27, 2020

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BetterLife has amended terms of the agreement entered into on May 6, 2020 with Altum to acquire worldwide rights (other than in Greater China, Japan and ASEAN countries) to commercialize and sell AP-003, a potential COVID-19 treatment.


Lead Product(s): AntiCovir

Therapeutic Area: Infections and Infectious Diseases Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: BetterLife Pharma

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Acquisition June 11, 2020

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BetterLife has secured lock-up agreements from shareholders of Altum Pharmaceuticals Inc. representing 67.12% of the outstanding common shares of Altum. BetterLife and Altum entered collaboration to to commercialize and sell AP-003 for COVID-19.


Lead Product(s): AntiCovir

Therapeutic Area: Infections and Infectious Diseases Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: BetterLife Pharma

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Acquisition June 04, 2020

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BetterLife Pharma has been worldwide rights (other than in Greater China, Japan and ASEAN countries) to commercialize and sell AntiCovir, a COVID-19 treatment, from Altum Pharmaceuticals Inc.


Lead Product(s): AntiCovir

Therapeutic Area: Infections and Infectious Diseases Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Large molecule

Partner/Sponsor/Collaborator: BetterLife Pharma

Deal Size: $20.0 million Upfront Cash: $5.0 million

Deal Type: Licensing Agreement May 07, 2020

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