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The radial quantization of ${\cal{N}}=8$ theory in three dimension
is considered i.e. we study the ${\cal{N}}=8$ BLG theory on
$R\times S^2$. We present the explicit from of the lagrangian and
the corresponding supersymmetry transformations and supersymmetry
algebra. We study spectrum of this theory and some of its BPS
configurations.
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