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Home > (AEZS, CYT, ETN, AVT) Stocks in Review by PennyToBuck.com

(AEZS, CYT, ETN, AVT) Stocks in Review by PennyToBuck.com

November 25th, 2011 at 03:27 pm









The innovative approach of "personalized medicine" from Aeterna Zentaris Inc. (NASDAQ:AEZS) means tailoring treatments to a patient's specific condition and to unmet medical needs. Aeterna Zentaris is a late-stage oncology drug development company currently investigating potential treatments for various cancers including colorectal, multiple myeloma, endometrial, ovarian, prostate and bladder cancer.



Aeterna Zentaris and Hikma Pharmaceuticals PLC announce recenty the signing of an exclusive commercialization and licensing agreement for the registration and marketing of perifosine, Aeterna Zentaris' lead anti-cancer compound, for the MENA ( Middle East and North Africa ) region. Perifosine, a novel oral Akt inhibitor, is currently in two Phase 3 programs for the treatment of colorectal cancer and multiple myeloma in the United States and Europe. Under the terms of the agreement, Aeterna Zentaris is entitled to receive an upfront payment and additional payments upon achieving certain pre-established milestones in the aggregate of $2 million . Furthermore, Aeterna Zentaris will be supplying perifosine to Hikma Pharmaceuticals on a cost-plus-basis and is entitled to receive double-digit royalties on future net sales of perifosine in the MENA region. Hikma Pharmaceuticals will be responsible for the registration and commercialization of perifosine in the MENA territory.

For more information about Aeterna Zentaris, please visit www.aezsinc.com

Read the full article at: http://pennytobuck.com/?p=17924

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

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