When a company is bankrupt a curator tries to make as much money as possible to pay debts by selling the leftovers. That can be desks and office chairs, finished stock or in this case knowledge.
If a liquidator has realistic price expectations about the Knowledge thats a way to go. It happens sometimes and in other cases it does not. We were lucky in this respect with Agfa, Forte, Konica, Ilford and others. These companies -whilst in full strength- also did so called "competitors analisis´s". I mean they had the ressources, labs, chemists, gas-chromatographs and time. This way we ended up with a nice database of most competitors recipees up to a certain standard. The remaining 20% we need to do ourselves by apllying our own Know How to troubleshoot and fix missing parts. This is also why we do not fire out 10 new product every month. Common problems are that our analisys is from e.g. 2002 and some substances have been banned later or there was an actual recipe change (less likely). Many recipes are in the public domain and "simply" need to be made working in an industrial way/packaging (which is at least as difficult as coming up with the "glorious" recipe in the first case). So we move on and try to do good.
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