Biopure Corporation has developed an artificial hemoglobin that can be used in place of blood transfusions and holds the patent on this product. Therefore, Biopure has a(n):

Question

Quizplus · Accepted Answer

Biopure Corporation's patent on the artificial hemoglobin gives them a competitive advantage over other companies, allowing them to differentiate their product and potentially dominate the market for blood substitutes. However, it is not clear whether this advantage is sustainable in the long-term, as other companies may develop competing products or alternative treatments.

Biopure Corporation Has Developed an Artificial Hemoglobin That Can Be