Ceapro Inc (TSE:CZO) has released an update.
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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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