Aeterna Zentaris (TSE:AEZS) has released an update.
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Aeterna Zentaris and Ceapro Inc. have successfully completed their merger, promising shareholders a diversified business poised for growth and value creation. The merged entity boasts a robust product pipeline, expanded R&D capabilities, and aims to use stable cash flow from existing products to fund the development of high-return pharmaceuticals. The combination is expected to lower investment risk and enhance the company’s market position in North America and Europe.
For further insights into TSE:AEZS stock, check out TipRanks’ Stock Analysis page.