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AEterna Zentaris Reports Third Quarter 2008 Financial and Operating Results
Date:11/13/2008

tors should consult the Company's quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned not to rely on these forward-looking statements. The Company does not undertake to update these forward-looking statements. We disclaim any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments except if we are requested by a governmental authority or applicable law.

Attachment: Financial summary

(In thousands of US dollars, except share

and per share data)

Three months ended Nine months ended

Sept. 30, Sept. 30,

(Unaudited) 2008 2007 2008 2007

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$ $ $ $

Revenues

Sales and royalties 8,630 7,372 24,822 22,392

License fees 2,399 3,671 6,412 9,436

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11,029 11,043 31,234 31,828

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Operating expenses

Cost of sales 4,986 3,290 14,348 9,675

Research and development

costs, net of tax

credits and grants* 13,880 9,835 44,914 25,557

Selling, general and

administrative* 3,277 5,847 14,287 15,257

Dep
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SOURCE AETERNA ZENTARIS INC.
Copyright©2008 PR Newswire.
All rights reserved

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