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Aeterna Zentaris Reports First Quarter 2010 Financial and Operating Results
Date:5/13/2010

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 required by a governmental authority or applicable law.

Attachment: Financial summary

    Interim Consolidated Statements of Operations
    (in thousands, except share and per share data)
    (unaudited)
    -------------------------------------------------------------------------
                                                             Three months
                                                            ended March 31,
                                                          2010          2009
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
                                                             $             $
    Revenues
    Sales and royalties                                  5,716         4,971
    License fees and other                                 706         1,140
    -------------------------------------------------------------------------
                                                         6,422         6,111
    -------------------------------------------------------------------------
    Operating expenses
    Cost of sales, excluding depreciation and
     amortization                                        4,617         3,694
    Research and development costs, net of tax
     credits and grants                                  5,701        11,437
    Selling, general and administrative expenses         2,792         3,554
    Depreciation and amortization
      Property, plant and equipment                        263           311
      Intangible assets                                    389           557
    -----------------------------------------------------------
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SOURCE AETERNA ZENTARIS INC.
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Related biology technology :

1. Aeterna Zentaris: FDA Approves Investigational New Drug (IND) Application for Doxorubicin Targeted Conjugate Compound, AEZS-108, in Bladder Cancer
2. Aeterna Zentaris Receives Orphan-Drug Designation from the FDA for AEZS-108 in Ovarian Cancer
3. AEterna Zentaris Announces Termination of Agreement with sanofi-aventis U.S. for the Development, Commercialization and Licensing of Cetrorelix in Benign Prostatic Hyperplasia
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5. AEterna Zentaris Announces Appointment of New Board Member
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8. AEterna Zentaris Anti-Cancer Compound, Perifosine (KRX-0401), Receives FDA Fast Track Designation for the Treatment of Relapsed/Refractory Multiple Myeloma
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10. AEterna Zentaris Receives US$5.5 Million from Institutional Investors
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