Aeterna Zentaris Inc. (TSE:AEZS) has released an update.
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Aeterna Zentaris Inc. announced a strong cash position of $29.5 million at the end of the first quarter of 2024, despite a net loss of $5.8 million due to increased expenses, partially offset by decreased R&D costs. The company also completed recruitment for its DETECT-trial and is on schedule to finalize a merger with Ceapro Inc. by the second quarter of 2024.
For further insights into TSE:AEZS stock, check out TipRanks’ Stock Analysis page.
