glass more than half full now PMI handling marketing in China is smart. Marketing is VERY time and capital intensive - PMI knows how to market, can squeeze balls when needed and has manpower and deep pockets to make it happen.
If Medicago had to handle all the manufacturing, distribution and marketing and all the concomitant relationships that involves, they'd be up against a nearly impossible task.
Sure PMI will make oodles of money, but by Medicago focusing on their strength of manufacturing, so will they!
It has taken years to date to make China a reality, it's my guess that more and more deals will also be starting to come to fruition now.
Now if we can just get Paradigm and others holding past PP paper out of the way, this thing should be on fire.