Ceapro Inc (TSE:CZO) has released an update.
Institutional Shareholder Services Inc. (ISS) endorses the merger between Aeterna Zentaris and Ceapro, urging shareholders to vote in favor of the ‘merger of equals’ aimed at creating a diversified biopharmaceutical company. The deal, which followed exhaustive negotiations and a strategic review, is recognized for its strong strategic logic and the potential to significantly boost growth through combined resources and a diversified product pipeline. Post-merger, revenues from existing products and new developments are expected to drive business expansion and long-term investor value.
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