August 10, 2017 / 11:30 PM / a month ago

BRIEF-Aeterna Zentaris reports Q2 loss per share $0.18

Aug 10 (Reuters) - Aeterna Zentaris Inc-

* Aeterna Zentaris reports second quarter 2017 financial and operating results

* Q2 loss per share $0.18

* Aeterna Zentaris Inc - ‍is conducting a strategic review of its plans​

* Aeterna Zentaris Inc - ‍restructuring program of frankfurt, germany operations was approved by company and german work council​

* Aeterna Zentaris Inc - ‍total cost of restructuring program is expected to be approximately $2.0 million​

* Aeterna Zentaris Inc - ‍most of restructuring costs are expected to be paid in financial year ending december 31, 2018​

* Aeterna Zentaris-‍formed special committee of independent directors to consider & evaluate various strategic and financing alternatives available to co

* Aeterna Zentaris Inc - ‍three sales representatives and one sales-manager position were eliminated at quarter-end as part of sales force optimization​

* Aeterna Zentaris Inc- ‍goal is to be prepared to launch macrilen in united states in q1 of 2018​

* Aeterna Zentaris-restructuring program should lead to annual savings of about $2.5 million following complete implementation expected to be at end of 2018​ Source text for Eikon: Further company coverage:

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