And yet I don't agree with you. This is just temporary market order flow. Patents and IP generally are a massive forward income protection for bio-techs, without which they would never be able to ever launch, so far more significant to the business and forward fundamental valuations therein.
One is of course left to guess which "small country" you refer to. Presumably not the last patent Recce announced for China :
Perhaps why this investor is buying in. Perhaps he is less dismissive of the massive TAM of countries like Indonesia (and China), as the you and your two mates so often are on these threads.
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