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The company's main weakness is that it has not received FDA approval for Hemopure, and there are other competitors that could beat Biopure to the market with their own version of a blood substitute. Another weakness is that Biopure has not done an extensive study to see how accepting the current market is to a human blood substitute, when in fact the blood donation system that is serving the market is accepted practice at this time.
Biopure has the opportunity to release a product (Oxyglobin) that will give them the experience in bringing a product to market and establish a sales force that can promote the product...
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