No text, but a visual code

[bi3mw]

He did not say it explicitly, but in my opinion the female figures represent the astral spirits he spoke of.

Just to clarify, this assumption refers to the following statement by Panofsky ?

Question:
What's it about?

Answer:
So far as can be made out before the manuscript has been decoded, its content would comprise: first, a general cosmological philosophy explaining the medical properties of terrestrial objects, particularly plants, by celestial influences transmitted by astral radiation and those "spirits" which were frequently believed to transmit the occult powers of the stars to the earth; second, a kind of herbal describing the individual plants used for medical and, conceivably, magical purposes; third, a description of such compounds as may be produced by combining individual plants in various ways.