UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): September 315, 2009

Altus Pharmaceuticals Inc.
__________________________________________
(Exact name of registrant as specified in its charter)


Delaware	0-51711	04-3573277
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)

610 Lincoln Street, Waltham, Massachusetts		02451
_________________________________ (Address of principal executive offices)		___________ (Zip Code)


Registrant’s telephone number, including area code:		781-373-6000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 23.0501 ~~Costs~~Notice ~~Associated~~of ~~with~~Delisting ~~Exit~~or Failure to Satisfy a Continued Listing Rule or ~~Disposal~~Standard; ~~Activities~~Transfer of Listing.

On September 315, 2009, Altus Pharmaceuticals Inc. (the "Company") ~~announced~~received anotice ~~reduction~~from inThe ~~headcount~~Nasdaq ofStock ~~approximately~~Market ("Nasdaq") stating that for 30% consecutive business days, the bid price of ~~its~~the ~~employees~~Company’s common stock had closed below the minimum $1. ~~The~~00 ~~reduction~~per inshare ~~headcount~~requirement isfor ~~due~~continued toinclusion ~~financial~~under ~~constraints~~Nasdaq Listing Rule 5550(a)(2). ~~The~~ ~~Company~~In ~~has~~accordance ~~been~~with ~~seeking~~Listing Rule 5810(c)(3)(A), ~~but~~the Company has ~~been~~180 ~~unable~~calendar days to ~~date~~regain tocompliance. ~~secure,~~If ~~funds~~at toany ~~finance~~time before March 15, 2010, the ~~ongoing~~bid ~~operations~~price of the Company’s ~~and~~common isstock ~~considering~~closes ~~various~~at ~~strategic alternatives~~$1.~~Employees~~00 ~~directly~~per ~~affected~~share byor ~~the~~more ~~restructuring~~for ~~plan~~a ~~have~~minimum ~~received~~of ~~notification~~10 ~~and~~consecutive business days, Nasdaq will benotify ~~provided~~the Company that it has achieved compliance with ~~severance~~the ~~payments~~minimum bid price rule. If ~~The~~the Company ~~expects~~does tonot ~~record~~meet athis ~~restructuring~~requirement, ~~charge~~the ofCompany's ~~approximately~~common $0stock may be delisted.5In ~~million~~addition, in light of the ~~third~~Company's ~~quarter~~disclosure that it has commenced a process to wind down the business of the Company, on September 16, 2009, ~~primarily~~the ~~representing~~Company ~~cash~~received ~~payments~~a ~~for~~letter ~~severance~~from ~~and~~Nasdaq ~~related~~requesting ~~expenses~~the Company to supply certain information in order to enable Nasdaq to determine whether the Company may be deemed a "public shell." ~~Severance~~If ~~expenses~~Nasdaq ~~will~~determines bethat ~~paid~~the inCompany is a ~~lump~~"public ~~sum~~shell," Nasdaq may, under Listing Rule 5100, determine to delist the Company's common stock, even if the Company regains compliance with the minimum bid price rule. On September 18, 2009, the Company issued a press release announcing the Nasdaq letters. A copy of this press release is filed as Exhibit 99.1 to this report and is incorporated herein by reference.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Altus Pharmaceuticals Inc.
September 9, 2009	By:	Thomas J. Phair, Jr.
September 18, 2009	By:	/s/ Thomas J. Phair, Jr.
		Name: Thomas J. Phair, Jr.
		Title: Vice President, Finance and Treasurer

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Exhibit Index


Exhibit No.		Description

99.1		Press Release issued by the Company on September 18, 2009

Filing Compare · Altus Pharmaceuticals Inc.