Aeterna Zentaris Reports Q1 Financial Dip

Aeterna Zentaris Inc. (TSE:AEZS) has released an update.

Aeterna Zentaris Inc. reports a decrease in total assets from $37,016 thousand as of December 31, 2023, to $31,792 thousand by March 31, 2024, with a comprehensive loss of $5,234 thousand for the first quarter of 2024. The company’s liabilities remained relatively stable, while shareholder equity fell from $18,196 thousand to $12,970 thousand over the same period. These unaudited financial figures highlight challenges the company faces amidst a fluctuating market.

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