DALLAS, Sept. 30, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring AEterna Zentaris Inc. (Nasdaq:AEZS). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/AEZS
AEterna Zentaris Inc. (USA), (AEZS) is a global biopharmaceutical company focused on endocrine therapy and oncology. The Company's product pipeline encompasses compounds at all stages of development, from drug discovery through marketed products. The products of the Company include Cetrorelix, AEZS-108, Perifosine, Ozarelix, AEZS-112 and AEZS-130.
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In the report, the analyst notes:
"Revenues were $5.6 million for the three-month period ended June 30, 2010, compared to $8.4 million for the same period in 2009. The decrease is due mainly to the absence, in 2010, of amortization of an upfront license fee payment related to the agreement with Sanofi-Aventis U.S. LLC, which was entered into in March 2009 and subsequently terminated, in connection with AEZS now discontinued development program involving cetrorelix for the treatment of benign prostatic hyperplasia ("BPH").
"AEZS will be presented at the upcoming 5th International Congress of the GRS-IGF Society, which will be held October 3 through October 7, 2010, in New York City. AEZS-130 (macimorelin, Solorel(TM)) is currently in a phase III trial as a diagnostic test for growth hormone deficiency in adults."
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