SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934
(Amendment No. 26 )

BELLUS HEALTH INC.

(Name of Company)

COMMON SHARES, NO PAR VALUE
(Title of class of securities)

07986A101

(CUSIP Number)

Dr. Francesco Bellini
Chairman and Chief Executive Officer
BELLUS Health Inc.
275 Armand Frappier Blvd.
Laval, Quebec H7V 4A7, Canada
(450) 680-4500

(Persons Authorized to Receive Notices and Communications)

June 25, 2009

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o


CUSIP No.		07986A101	Schedule 13D	Page		2		of		24 pages


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Picchio Pharma Inc.


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	SOURCE OF FUNDS (SEE INSTRUCTIONS)

	N/A

5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

	o

6	CITIZENSHIP OR PLACE OF ORGANIZATION

	Canada

		7	SOLE VOTING POWER

NUMBER OF			0

SHARES		8	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			0

EACH		9	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH		10	SHARED DISPOSITIVE POWER

			0

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	0

12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

	0%

14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	HC, CO


CUSIP No.		07986A101	Schedule 13D	Page		3		of		24 pages

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
FMRC Family Trust

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) o

(b) þ

SEC USE ONLY

SOURCE OF FUNDS (SEE INSTRUCTIONS)

N/A

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Alberta

SOLE VOTING POWER

NUMBER OF

20,124,000¹

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

5,981,254

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

20,124,000¹

WITH

SHARED DISPOSITIVE POWER

5,981,254

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

26,105,254

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

36.4%

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

¹ Reflects the number of Common Shares that are issuable on conversion of the 20,124,000 Preferred Shares held by FMRC.


CUSIP No.		07986A101	Schedule 13D	Page		4		of		24 pages


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) John W. Churchill


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	SOURCE OF FUNDS (SEE INSTRUCTIONS)

	N/A

5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

	o

6	CITIZENSHIP OR PLACE OF ORGANIZATION

	Canada

		7	SOLE VOTING POWER

NUMBER OF			20,124,000

SHARES		8	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			5,981,254

EACH		9	SOLE DISPOSITIVE POWER
REPORTING
PERSON			20,124,000

WITH		10	SHARED DISPOSITIVE POWER

			5,981,254

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	26,105,254

12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

	36.4%

14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN


CUSIP No.		07986A101	Schedule 13D	Page		5		of		24 pages


1	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Vernon H. Strang


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	SOURCE OF FUNDS (SEE INSTRUCTIONS)

	N/A

5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

	o

6	CITIZENSHIP OR PLACE OF ORGANIZATION

	Canada

		7	SOLE VOTING POWER

NUMBER OF			20,124,000

SHARES		8	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			5,981,254

EACH		9	SOLE DISPOSITIVE POWER
REPORTING
PERSON			20,124,000

WITH		10	SHARED DISPOSITIVE POWER

			5,981,254

11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	26,105,254

12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

	36.4%

14	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN


CUSIP No.		07986A101	Schedule 13D	Page		6		of		24 pages

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Victoria Square Ventures Inc.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) o

(b) þ

SEC USE ONLY

SOURCE OF FUNDS (SEE INSTRUCTIONS)

N/A

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Canada

SOLE VOTING POWER

NUMBER OF

28,569,918²

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

28,569,918²

WITH

SHARED DISPOSITIVE POWER

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

28,569,918²

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

39.0%

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

HC, CO

² Includes 21,672,000 Common Shares that are issuable on conversion of the 21,672,000 Preferred Shares held by VSV.


CUSIP No.		07986A101	Schedule 13D	Page		7		of		24 pages

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Dr. Francesco Bellini

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) o

(b) o

SEC USE ONLY

SOURCE OF FUNDS (SEE INSTRUCTIONS)

N/A

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Canada

SOLE VOTING POWER

NUMBER OF

798,541³

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

1,461,822⁴

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

798,541³

WITH

SHARED DISPOSITIVE POWER

1,461,822⁴

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,260,363

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

4.3%

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

³ Includes 178,541 Common Shares directly owned by Dr. Bellini, 480,000 Common Shares issuable under currently exercisable options (including 170,000 currently exercisable options held by Picchio International Inc., an entity controlled by Dr. Bellini), and 140,000 Common Shares which Dr. Bellini is entitled to receive pursuant to the Agreement with the Company dated as of December 1, 2004 disclosed in Amendment No. 6 hereto, and for which regulatory and shareholder approval have been obtained.

⁴ Includes 1,461,822 Common Shares held of record by Dr. Bellini’s wife, Marisa Bellini, which Dr. Bellini may be deemed to own beneficially, but as to which he disclaims beneficial ownership.


CUSIP No.		07986A101	Schedule 13D	Page		8		of		24 pages

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Roberto Bellini

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) o

(b) o

SEC USE ONLY

SOURCE OF FUNDS (SEE INSTRUCTIONS)

N/A

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Canada

SOLE VOTING POWER

NUMBER OF

30,000

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

1,368,684⁵

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

30,000

WITH

SHARED DISPOSITIVE POWER

1,368,684⁵

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,398,684

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

2.7%

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

⁵ Roberto Bellini and Carlo Bellini are deemed to share beneficial ownership of 1,368,684 Common Shares held by Rocabe.


CUSIP No.		07986A101	Schedule 13D	Page		9		of		24 pages

NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Carlo Bellini

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a) o

(b) o

SEC USE ONLY

SOURCE OF FUNDS (SEE INSTRUCTIONS)

N/A

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Canada

SOLE VOTING POWER

NUMBER OF

64,200

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

1,368,684⁶

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

64,200

WITH

SHARED DISPOSITIVE POWER

1,368,684⁶

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

1,432,884

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

2.8%

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

⁶ Carlo Bellini and Roberto Bellini are deemed to share beneficial ownership of 1,368,684 Common Shares held by Rocabe.


CUSIP No. 07986A101		Schedule 13D		Page 10 of 24 pages

This Amendment No. 26 amends the Schedule 13D filed on October 3, 2003, as amended (the “Statement”), and is filed by (i) Picchio Pharma, Inc., (ii) FMRC Family Trust, (iii) John W. Churchill, (iv) Vernon H. Strang, (v) Victoria Square Ventures Inc., (vi) Dr. Francesco Bellini, (vii) Roberto Bellini and (viii) Carlo Bellini, relating to the common shares, no par value (the “BELLUS Shares” or “Common Shares”), of BELLUS Health Inc. (formerly known as Neurochem Inc.), a corporation organized under the Canada Business Corporations Act (the “Company”). Unless otherwise indicated, all capitalized terms used herein shall have the meanings given to them in the Statement, and unless amended hereby, all information previously filed remains in effect. All dollar amounts are in Canadian dollars, except as otherwise indicated.

This Amendment No. 26 is filed to report the distribution of Common Shares from Picchio to Alberta and VSV.

ITEM 4. PURPOSE OF TRANSACTION

Item 6 is hereby incorporated in this Item 4. The distribution of Common Shares from Picchio to Alberta and VSV is part of a reorganization of interests held by the shareholders of Picchio in various entities, including the Company.

ITEM 5. INTEREST IN SECURITIES OF THE COMPANY

All references to 11,450,429 Common Shares held directly by Picchio are hereby amended to reflect the distribution of such shares to Alberta and VSV.

All references to the ownership of Common Shares by FMRC (and by John W. Churchill and Vernon H. Strang in their capacities as trustees of FMRC) are hereby amended to reflect (i) the distribution by Picchio to VSV of 5,725,214 shares previously held through Picchio and (ii) the indirect ownership, through Alberta, of the remaining 5,725,215 shares previously held through Picchio, as a result of the distribution of such shares from Picchio to Alberta.

All references to the ownership of Common Shares by VSV are hereby amended to reflect (i) the distribution by Picchio to Alberta of 5,725,215 shares previously held through Picchio and (ii) the direct ownership by VSV of the remaining 5,725,214 shares previously held through Picchio, as a result of the distribution of such shares from Picchio to VSV.

Item 5(c) is hereby amended by adding the following at the end thereof:

On June 25, 2009, 5,725,215 Common Shares held by Picchio were transferred to Alberta and the remaining 5,725,214 Common Shares were transferred to VSV pursuant to the pre-existing agreements between Picchio and each of Alberta and VSV referred to in Item 6.


CUSIP No. 07986A101		Schedule 13D		Page 11 of 24 pages

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER

Item 6 is hereby amended by adding the following at the end thereof:

Pursuant to the Alberta Memorandum and Picchio Note to Alberta set forth in Exhibits OO and PP included with Amendment No. 21 and further described in Amendment No. 25, Alberta received 5,725,215 Common Shares from Picchio on June 25, 2009. Pursuant to the VSV Memorandum and Picchio Note to VSV set forth in Exhibits QQ and RR included with Amendment No. 21 and further described in Amendment No. 25, VSV received 5,725,214 Common Shares from Picchio on June 25, 2009.


CUSIP No. 07986A101		Schedule 13D		Page 12 of 24 pages

SIGNATURE

P P LUXCO HOLDINGS II SARL SC 13D/A