Rising evidence that interferons could be used as potential treatments for COVID-19 led last month to Canada-based BetterLife Pharma Inc. acquiring Altum Pharmaceuticals Inc., giving it ownership of a small pipeline of therapeutics that includes AP-003, an inhaled interferon-based therapy that will now enter Phase II testing as an early treatment for the disease.
Momentum for the merger came from recent studies in China and the UK suggesting the therapeutic efficacy of interferon-based treatments for COVID-19, BetterLife’s CEO Ahmad Doroudian, who was a founder...
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