The world of biotech is both exhilarating and rewarding. However, picking the appropriate companies to invest in can be challenging and at times depressing. In this blog, you will find information gathered from industry reports, analyst forecasts, and market trends, helping you to emerge from mindless speculation and make intelligent investment decisions! - Michael Juan
Wednesday, May 12, 2010
AEternal Zentaris (AEZS) stocks climbed 14.21% following IND approval
Shares of Canadian biotech, AEterna Zentaris (AEZS), traded up 14.21% today upon FDA's approval of the firm's IND application for its bladder cancer fighting drug, AEZS-108. Approximately 21 million shares exchanged hands before the closing bell. After hour trading tacked on an additional 0.96% to $2.11 per share. AEZS is backed by strong bullish momentum, amassing 68.55% gain in the past 5 days alone.
Upcoming Events:
May 13, 2010: AEZS is scheduled to announce 1Q2010 financial and operating results tomorrow before market opening and Annual Shareholder Meeting later in the day.
May 18, 2010: President and CEO, Juergen Engel, Ph.D., will present a corporate overview at the upcoming Rodman & Renshaw Annual Global Investment Conference in the Albemarie Suite of the Grosvenor House Hotel in London, U.K
June 4-8, 2010: Final results of a randomized phase II study of perifosine in combination with capecitabine (P-CAP) versus placebo plus capecitabine (CAP) in patients (pts) with second- or third-line metastatic colorectal cancer (mCRC) will be presented at the ASCO (American Society of Clinical Oncology).
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