It is significant: represented CereSpir in negotiating this transaction.
It is not written: will represent CereSpir in negotiating this transaction. -----------------------------------------------------
Therefore, I believe that they have already entered into a definitive agreement between Chiesi Pharma and CereSpir. Otherwise it would not make sense, publish an update without a result. Before, CereSpir was an empty box with a web site. Starting today, we can expect at any time the merger between Intellect and CereSpir with CEO Dr. Chain ( this is what I think ).
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