zitoveraltussen schreef:
AEterna Zentaris Raised to Outperform by RBC Capital Mkts
AEterna Zentaris Was Rated Sector Perform By RBC Capital Mkts
Last update: 8/14/2007 5:34:38 PM
-strong results that beat on topline revenues & narrower than expected loss per share
-strong balance sheet with $51.5M in cash, zero debt --> $25M cash burn rate for 2007
-pipeline advancing on target w/ promising results so far
-on track to announce results of ongoing strategic review next month--> I expect this to lead to either a lucrative cetrorelix partnership ($3.50 target) or complete buyout (at $5 per share) as company founder, Dr. Eric Dupont, will be resigning as Chairman of the Board & remain as a consultant until the end of the year