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FDA Fast Tracks Keryx Colorectal Cancer Drug, Shares Soar

DOW JONES NEWSWIRES Keryx Biopharmaceuticals Inc. (KERX) said the U.S. Food and Drug Administration has given fast-track designation to perifosine, its drug for treating colorectal cancer. Shares of the biopharmaceutical company jumped 25% to $3.43 in recent trading, while U.S.-traded shares of Keryx's Canadian partner Aeterna Zentaris Inc. (AEZ.T, AEZS) were recently up 23% to 99 cents. Drugs given fast-track designation are intended to treat serious or life-threatening conditions and that demonstrate the potential to address unmet medical needs, Keryx said. They usually qualify for expedited review from the FDA. "We believe that commercialization of perifosine in this indication could potentially commence by mid-2012," said Chief Executive Ron Bentsur. Keryx said it expects to begin Phase III testing of the drug in the second quarter of this year, and it expects to complete the study in the second half of 2011. Keryx in December received fast-track status from the FDA for perifosine for the treatment of multiple myeloma. The treatment is licensed by Keryx from Aeterna for the U.S., Canada and Mexico. -By Nathan Becker, Dow Jones Newswires; 212-416-2855; nathan.becker@dowjones.com;

Stock News for Aeterna Zentaris (AEZS)
DateTimeHeadline
06/14/201617:00:00Aeterna Zentaris Announces IND Submission by Sinopharm A-Think
06/06/201617:00:00Aeterna Zentaris Reconfirms Commitment to LHRH-receptor Targeting...
05/23/201620:15:00Aeterna Zentaris Elects Ms. Carolyn Egbert as Independent Chair...
05/12/201612:15:44Amended Appointment of Agent for Service of Process and Undertaking...
05/10/201616:00:00Aeterna Zentaris Announces Election of Directors at 2016 Shareholders...
05/10/201611:40:06Report of Foreign Issuer (6-k)
05/09/201618:06:00Report of Foreign Issuer (6-k)
05/09/201618:04:21Report of Foreign Issuer (6-k)
05/09/201617:00:00Aeterna Zentaris Reports First Quarter 2016 Financial and Operating...
04/27/201616:05:00Aeterna Zentaris Acquires Exclusive U.S. Promotional Rights for...
04/26/201608:30:00Aeterna Zentaris to Announce First Quarter 2016 Financial and...
04/08/201615:00:00Aeterna Zentaris Mails Information Circular in Connection with...
04/01/201617:19:49Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
04/01/201617:17:53Report of Foreign Issuer (6-k)
04/01/201617:05:00Aeterna Zentaris Announces At the Market Issuance Program
04/01/201616:39:23Securities Registration: Employee Benefit Plan (s-8)
04/01/201616:31:11Report of Foreign Issuer (6-k)
03/30/201606:07:07Report of Foreign Issuer (6-k)
03/30/201606:07:07Annual and Transition Report (foreign Private Issuer) (20-f)
03/30/201606:07:06Report of Foreign Issuer (6-k)

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