Apple Script for copying a "part" from one txt file to a new txt file

I have a txt file which has data written in a particular format as below:

random data 1<\MyTag>random data 2<\MyTag>random data n<\MyTag>

 

My requirement is to copy the data within each tags to a separate file . eg: File1 should have random data 1<\MyTag>, File2 should have random data 2<\MyTag> and so on.

 

Please help..!!

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