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Hi there,
Thanks. By alliances, I meant in-licensing/out-licensing. So the party get reward/options for reward - may be straightaway, contingent on certain milestones of product devlopment, revnue royalties etc.
There are no leverage in this kind of deals. A good example would be a big technolgy companies doing such deals with small entreprenuerial company to get access to new products.
Thanks

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上一主题:Schweser Notes vs CFA curriculum
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