Through this innovative partnership, Baxter will be the exclusive provider of Brazil’s recombinant FVIII treatment over the next 10 years while the companies work together on the technology transfer to support development of local manufacturing capacity by Hemobrás.
Note that patent protection is not part of the discussion, so this is effectively a deal for BAX to sell a branded generic in Brazil.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”