(Solution) - In 2008 Endo Pharmaceuticals a U S firm signed a 5 year -(2025 Original AI-Free Solution)

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In 2008, Endo Pharmaceuticals, a U.S. firm, signed a 5-year contracted with Novartis, a Swiss firm, to obtain the exclusive U.S. marketing rights for Voltaren Gel, an anti-inflammatory useful in treating osteoarthritis. Search the Internet for information about the contract. Who bore the real exchange risk?