The only way for him to buy Chiesi Farmaceutici SpA is for him to buy ILNS as a whole.
Its clear in the S.E.C. filing friday that Dr.Chain is precluded.
In addition, the Board of Directors of the Company is in a disagreement with Dr. Chain concerning his pursuit, for his personal benefit, of the development of CHF5074, a drug product candidate designed as a treatment for early stage Alzheimer’s disease. CHF5074 is currently or previously owned by Chiesi Farmaceutici S.p.A., a pharmaceutical company based in Parma, Italy. The Board of Directors of the Company views the development of CHF5074 as a suitable opportunity for the Company that Dr. Chain is precluded from taking for himself.
My question is the wording currently or previously owned CHF5074?
You either own something or you do not.
