Two-Photon Annihilation into Baryon-Antibaryon Pairs
  We study the handbag contribution to two-photon annihilation into baryon-antibaryon pairs at large energy and momentum transfer. We derive factorization of the process amplitude into a hard gamma gamma -> q qbar subprocess and form factors describing the soft q qbar -> B Bbar transition, assuming that the process is dominated by configurations where the (anti)quark approximately carries the full momentum of the (anti)baryon. The form factors represent moments of time-like generalized parton distributions, so-called B Bbar distribution amplitudes. A characteristic feature of the handbag mechanism is the absence of isospin-two components in the final state, which in combination with flavor symmetry provides relations among the form factors for the members of the lowest-lying baryon octet. Assuming dominance of the handbag contribution, we can describe current experimental data with form factors of plausible size, and predict the cross sections of presently unmeasured B Bbar channels. 
M. Diehl, P. Kroll and C. Vogt