March 5, 2008 / 12:11 PM / 10 years ago

AEterna slips to a fourth-quarter loss

(In U.S. dollars)

TORONTO, March 5 (Reuters) - AEterna Zentaris Inc AEZ.TO slipped to a fourth-quarter loss on Wednesday due to higher research and development expenses and a lower income tax recovery rate.

The biopharmaceuticals company said it lost $13.6 million, or 26 cents a share in the period ended Dec. 31, compared with a profit of $39.1 million, or 74 cents a share, during the same period a year earlier. (Reporting by Scott Anderson; Editing by Ka Yan Ng)

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