On Wednesday, Shares of AEterna Zentaris Inc. (USA) (NASDAQ:AEZS), lost -6.86% to $0.113.
AEterna Zentaris Inc., stated financial and operating results as at and for the second quarter ended June 30, 2015.
Commenting on second quarter results, David A. Dodd, Chairman, President and Chief Executive Officer of the Company, stated, “During the second quarter, our progress toward the transformation of the Company accelerated. We made noteworthyprogress in the advancement of our pipeline and now have two products in Phase 3. Our commercial efforts gained momentum with our conclusion of a co-promotion agreement for Saizen®, a leading product in the $1.6 billion US market for the treatment of growth hormone deficiency in children and adults. Our sales force began promoting the product after the end of the quarter. Furthermore, we renegotiated our Frankfurt lease so as to enable us to save an estimated $0.5 million per year startning in 2016. Overall, in the second quarter, we believe that we delivered on our commitment to make the Company a more highly focused and efficient entity with a strong pipeline of internally developed products and a meaningful commercial presence.”
Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing novel treatments in oncology, endocrinology, and women’s health. The companys product pipeline comprises MACRILEN, which accomplished the Phase 2 trial for use in the diagnosis of adult growth hormone deficiency; and zoptarelin doxorubicin, which is in Phase 3 clinical study zoptarelin doxorubicin in endometrial cancer (ZoptEC) of the compound in women with advanced, recurrent, or metastatic endometrial cancer.
Shares of Paypal Holdings Inc (NASDAQ:PYPL), declined -2.11% to $37.19, during its last trading session.
Modest Co-Founder and CEO Harper Reed talk about the company’s acquisition by PayPal and mobile payment systems. Bloomberg
PayPal has bought mobile commerce startup Modest, marking the digital payment giant’s first acquisition since spinning out of eBay last month.
“Mobile commerce sucks, and we wanted to change that,” said Modest co-founder Harper Reed in an interview with Fortune. Fortune
Modest’s technology will also bring additional commerce expertise to PayPal beyond just payments, counting shipping and inventory administration. Fortune
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide.
Finally, Leju Holdings Ltd (ADR) (NYSE:LEJU), ended its last trade with -6.24 % loss, and closed at $6.16.
Leju Holdings Ltd, declared that it will report its unaudited financial results for the second quarter ended on June 30, 2015 before the U.S. markets open on August 25, 2015.
Leju’s administration will host an earnings conference call on August 25, 2015 at 7 a.m. U.S. Eastern Time (7 p.m. Beijing/Hong Kong time).
Leju Holdings Limited, through its auxiliaries, provides online real estate services in the Peoples Republic of China. It offers e-commerce services that comprise selling discount coupons and facilitating online property viewing, physical property visits, and pre-sale customer support for new residential properties and home furnishing sales through jiaju.com and leju.com.
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