Abstract
We compute the cross sections for baryon-antibaryon production in photon-photon reactions in which one or both of the photons is off shell, i.e., virtual. Besides confirming the Q2→0 limits obtained previously by Farrar we demonstrate that the Q2 dependence of the cross sections provides dramatic further tests of QCD and of the factorization formalism underlying the application of QCD to these reactions. In particular the Q2 dependence is very sensitive to the baryon wave functions that are folded together with the hard-scattering quark-level tree graphs.