Aeterna Zentaris (AEZS) Misses Q2 EPS by 6c

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Aeterna Zentaris Reports Second Quarter Financial and Operating Results

August 13, 2015 4:15 PM EDT

Strong fundamentals; pace of transformation accelerates; dilution negatively impacts stock price

All amounts are in US Dollars

Second quarter key developments

Data and Safety Monitoring Board recommends continuation of ZoptEC Phase 3 study of zoptarelin doxorubicin; patient enrollment completed; second interim results expected in early October 2015 Macrilen confirmatory Phase 3 study initiated Saizen® co-promotion agreement concluded; promotional activities launched on July 27, subsequent to quarter-end Global optimization program successfully completed; significant reduction of expenses at Frankfurt office through lease... More