Zoptrex program collapses, Aeterna shifts attention to Macrilen

2 May 2017

The share price of Aeterna Zentaris (TSX: AEZ) fell more than half after the Canadian firm announced its Phase III study of Zoptrex (zoptarelin doxorubicin) had failed.

The company, which has been developing Zoptrex to treat women with endometrial cancer, said no statistically-significant increase in survival rates in the test group was observed.

Shares in co-development partner Ergomed (LSE: ERGO) are trading about 4% lower in London today.

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