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    • Scholarly Works, Department of Agricultural and Applied Economics
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    Market Strategies for a Tobacco Bio-Pharming Application: The Case of Gaucher’s Disease Treatment

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    Downloads: 20
    Date
    2005-07
    Author
    Kostandini, Gentian
    Mills, Bradford F.
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    Abstract
    Small firms developing biotechnology applications often focus on establishing intellectual property rights, which can then be sold to more established firms with existing market chains. This paper explores the expected ‘Buyout’ price and economic surplus changes for an emerging bio-pharming application with transgenic tobacco. The results suggest a ‘Buyout’ price of about $1.75 billion. Yet despite this potentially large payout to the innovating firm, consumers also see significant surplus gains.
    URI
    http://hdl.handle.net/10919/96669
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    • Scholarly Works, Department of Agricultural and Applied Economics [221]

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