Skip to main content

BetterLife Pharma Inc.

corporate_fare Company Profile

BetterLife Pharma Inc.

BETRF·OTC·Life Sciences·CIK 0001464165

BetterLife Pharma Inc. is a biopharmaceutical company that develops patented pharmaceuticals. The company's primary focus is on BETR-001, a non-hallucinogenic second-generation Lysergic Acid Diethylamide ("LSD") derivative molecule. BETR-001 is designed to mimic the therapeutic potential of LSD for treating conditions like major depressive disorder, anxiety disorder, neuropathic pain, and other neuro-psychiatric and neurological disorders, without causing hallucinations. The active chemical in BETR-001 is 2-bromo-lysergic acid diethylamide ("2-bromo-LSD"), which has been shown in past human clinical trials not to cause hallucinations. BetterLife Pharma Inc. also operates through its subsidiary, MedMelior Inc. ("MedMelior"), which has two products in its development pipeline: MM-001, a topical cream formulation of interferon-alpha 2b, and MM-003, a patent-pending proprietary interferon alpha-2b ("IFNa2b") inhalation formulation. The company utilizes a cost-conscious approach to product research and development, engaging contract development and manufacturing organizations on a fee-for-service basis for necessary research, development, or production. BetterLife Pharma Inc. was incorporated on June 10, 2002, in British Columbia, Canada, and its registered office is located in Vancouver, B.C., Canada.

BetterLife Pharma Inc. (OTC:BETRF) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 7 items for BETRF at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-30, rated 9/10. Across its 7 most recent items scored 7 or higher, the top rating is 9/10, with 6 rated 8 or above. Recent SEC coverage for BETRF spans 6-K, 20-F.

Recent high-impact activity:

  • BetterLife Closes $138.7M Offering, Faces Director Dispute Over $2M Convertible Debenture
  • BetterLife Names Migraine Drug Development Veteran as CMO and Raises $531K from Warrant Exercises
  • BetterLife Sharpens Focus on Migraine with BETR-001, Adds Board Expertise, and Secures $352,500 from Warrant Exercises
  • BetterLife Pharma Reports Worsening Q1 Losses Amid Going Concern Warning; Secures Dilutive Capital
  • BetterLife Pharma Secures CAD $2M Insider-Backed Convertible Debenture to Fund BETR-001 IND

Financial Snapshot

Fiscal year ended January 31, 2026
Net Income
-$1.51M
Diluted EPS
-$0.01
Op. Cash Flow
-$625.46K
Operating Income
-$1.61M
Cash & Equivalents
$12.57K
Debt / Equity
0.00×
Shares Outstanding
37.93M sh
Source: 20-F · filed 2026-06-01 · accession 0001477932-26-003553

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 126,688 shares in BETRF as of the September 15, 2026 settlement, a 57.3% decrease from the prior period — about 1.0 days to cover at its recent average daily volume. On October 2, 2026, 18.1% of BETRF volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)126,688 shares as of September 15, 2026
Change vs prior period▼ 57.3%
Days to cover1.00 at avg daily volume of 188,153
Daily short volume (FINRA facilities)18.1% of 113,285 shares on October 2, 2026
5-day average short volume25.4%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for BETRF, detected from its recent SEC filings · based on capital-structure filings through 2026-06-26.

Increased Net Loss · Going Concern Warning Reiterated

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

BETRF files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

Browse all tickers starting with B →
$0.1907 -0.00% today
52-week range · as of 2026-09-30 $0.0276 – $0.3311
Market cap
$117.87M
Volume
113.3K (0.8× avg)
3-mo avg 134.2K
Live data · 2026-10-04 14:40 UTC · Market closed

show_chartPrice Chart

Loading chart...

feed BETRF - Latest Insights

BETRF
Sep 29, 2026, 9:47 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.207
Real-time Price: $0.190725 info
Change: -$0.016275 (-8%) info
Market Cap: $117.869M info
BETRF
Aug 24, 2026, 10:00 AM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.2239
Real-time Price: $0.190725 info
Change: -$0.033175 (-15%) info
Market Cap: $117.869M info
BETRF
Aug 04, 2026, 8:35 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.250
Real-time Price: $0.190725 info
Change: -$0.059275 (-24%) info
Market Cap: $117.869M info
BETRF
Jun 26, 2026, 3:00 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.1044
Real-time Price: $0.190725 info
Change: +$0.086325 (+83%) info
Market Cap: $117.869M info
BETRF
Jun 25, 2026, 2:25 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.0758
Real-time Price: $0.190725 info
Change: +$0.114925 (+152%) info
Market Cap: $117.869M info
BETRF
Jun 01, 2026, 4:24 PM EDT
Filing Type: 20-F
Importance Score:
9
Price at Filing: $0.047
Real-time Price: $0.190725 info
Change: +$0.143725 (+306%) info
Market Cap: $117.869M info
BETRF
Apr 13, 2026, 2:00 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.0408
Real-time Price: $0.190725 info
Change: +$0.149925 (+367%) info
Market Cap: $117.869M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets