I did some research into how long it took for products to be...

I did some research into how long it took for products to be approved in Latin America.
It does vary however it is quite clear many Latin America regions have a long a strict procedure to follow.

I think a Vivagel product for locations in Latin America will take a considerable amount of time to get approved. 8 months to 18 months could be typical timeframes required for approval from what I have seen.
This effects the Mundipharma potential near term milestone payments.

I have not looked at the regulatory environment for the other Mundipharma regions as yet however they could be the regions to watch in the short term compared to Latin America.