Chapter 297: A sole business with only one buyer

Style: Science Author: Riding a pig to dig a holeWords: 4712Update Time: 24/01/12 20:04:28
"This..." Okamoto wanted to say something else, but found that the phone had been hung up.

Listening to the buzzing sound coming from the phone, I couldn't help but be stunned for a moment.

He originally thought that cooperation between the two parties could be discussed, but he never expected that Wei Kang refused outright.

"Am I asking too high a price? Maybe I should just quote the base price."

Mr. Okamoto couldn't help but feel extremely upset.

In fact, his psychological price was 5%, at least no less than 3%. It was only in the spirit of bargaining that he quoted 10%.

With the strength of Sanqing, as long as it successfully develops a drug, it will definitely be a blockbuster drug with annual revenue exceeding one billion US dollars.

Eisai can get 3%, and it can earn 30 million U.S. dollars every year. It will pay back the capital in three years, and the rest will be pure profits.

Not to mention, out of hundreds of prescriptions, there is no way that only one will be successful. If there were one or two more, this transaction would definitely be listed as one of the most successful investments in history.

No matter who sees this kind of investment, they will never let it go and get it.

He has already spent the company's only working capital of 100 million US dollars. If he fails to succeed, the money will be wasted, the prescriptions he bought will be wasted, and the company's situation will become worse and worse. The worse it gets, and he will become the laughing stock of the entire industry.

The corners of Okamoto Muro's eyes kept beating, and a deep fear surged in his heart.

He quickly took a deep breath and tried to calm himself down.

"He must be bluffing. I have so many discarded prescriptions, more than what Sanqing recently purchased. There's no way he won't be tempted. This is definitely a way to lower the price."

It is not a secret that Sanqing Group is buying up discarded prescriptions around the world and exchanging them with patent licensing fees.

Not to mention the initial anti-cancer drug, it is said that it was successfully developed after discovering a new treatment direction from a failed drug.

This has become a classic case in the pharmaceutical industry that is compared with Ivanka.

Everyone felt that Wei Kang must have been paranoid about discarding prescriptions because of his previous success.

I have always wanted to continue to replicate this success, which is why I am so passionate about it.

However, except for anti-cancer drugs, I haven’t heard of any new drugs improved from discarded prescriptions in Sanqing.

It can be seen that the success rate of doing so is really low.

But even though everyone thinks so, they still have to be on guard. What if Wei Kang is really unlucky and uses discarded prescriptions to create a bombshell like an anti-cancer drug?

Therefore, multinational pharmaceutical companies are not very willing to sell abandoned prescriptions. Even Pfizer is in a cooperative relationship before selling off the non-performing assets of acquired companies.

Only small and medium-sized pharmaceutical companies, which have little competition with Sanqing, are happy to sell off these discarded prescriptions.

But their inventory is relatively small, and they certainly cannot compare with multinational giants.

Mr. Okamoto felt that Wei Kang paid so much attention to abandoned prescriptions that he could take a gamble even if he was just following his own preferences.

After all, there are only so many that can be purchased on the market. By buying so much, he at least has the capital to negotiate.

Even if Wei Kang refused to cooperate with him, he would at least talk to him and buy it at a high price.

In business, it is normal to buy high and sell low.

Sanqing is so wealthy, he could make twice as much money by changing hands.

"It's just a price reduction. Wei Kang will definitely call again. When the time comes, I will lower the conditions and we will definitely be able to negotiate a deal."

He thought about it and felt that he still had a good chance of winning, so he relaxed and waited happily.

****

After hanging up the phone, Wei Kang fell into deep thought.

"It seems like there really aren't many people selling discarded prescriptions recently."

"Is it because of Eisai Pharmaceuticals that all pharmaceutical companies are waiting for a price?"

"I previously spread the word that I was going to purchase discarded prescriptions, and the small and medium-sized pharmaceutical companies were crazy about it. They called me every day to ask for prices. Only the big pharmaceutical companies were unmoved."

"The ancients said that rare goods can be lived in. I was the only one who wanted these abandoned prescriptions before. They only had one buyer, so naturally they couldn't sell them at a high price, so they had to sell them to me at a low price."

"Now there is suddenly an additional buyer rushing to buy. No wonder their attitude suddenly changed. Everyone is holding back and refusing to buy, and the prices they shout are getting more and more outrageous."

I couldn't help but cursed: "Fuck, no wonder, it's all my fault for this stupid little boy."

Soon he began to sneer: "I don't know what these pharmaceutical companies are thinking. They don't think those discarded prescriptions are really valuable, do they?"

"This is a unique business with only one buyer. Without me, no one would buy your garbage!"

"Sell it or not, grandpa won't spoil you!"

"As for you, this trash of the Eisai family, you cry sometimes."

Weikang has recently acquired a lot of discarded prescriptions, and with the accumulated savings from tens of thousands of employees' continuous attempts, there is no need to worry about having no prescriptions available for extraction.

At least in the short term, there is no need to worry about this.

Moreover, Sanqing's own research and development capabilities are now getting stronger and stronger, and are no worse than giants such as Pfizer, Bayer, and Novartis.

Tens of billions of dollars have been invested in a group of the smartest people in China, and the harvest has been extremely rich.

Sanqing's genetic drugs and some other drugs were developed through the efforts of its employees.

Even if he doesn't take advantage of the system, he still has enough confidence to continuously develop new drugs.

It’s just that the speed and output may not be as high as the system.

Anyway, he won't let anyone get stuck on the abandoned prescription. There is no way.

Yes, he wanted to acquire more discarded prescriptions so that he could find more side effects worth extracting and develop new drugs.

But if someone thinks they can take advantage of it, or even get a piece of it, that would be naive.

Abandoned prescriptions can be turned into treasure in his company, but in the hands of other pharmaceutical companies, they are pure waste and can only be shelved.

It's the kind of thing that would be a pity to throw away, useless if not thrown away, and still takes up space if left there.

Wei Kang wanted to see if those people would rather not sell it and keep it as waste paper, or would like to exchange some money to make the company's funds more abundant.

For pharmaceutical giants like Merck, this amount of money is nothing. Since the annual revenue is so high, it can be included in the cost.

But for some second-, third-, or even low-level small and medium-sized pharmaceutical companies, let alone tens of millions of dollars, even a few million dollars is a lot of money.

Because their research and development success rate is lower and their costs are higher, the company often only has one or two successfully launched drugs, and the others are the products of failed research and development.

If these wastes that are destined to be unused can be recovered a little, it will be very important to many small pharmaceutical companies.

Originally, when they saw someone asking for it, they were happy to sell it cheaply, but now there is competition.

Competition means that prices will rise. Although they are still willing to sell, they are not willing to sell at low prices. They don't want to lose too much and want to recover more costs.

Eisai Pharmaceutical's entry is actually something they like to see, and even more pharmaceutical companies are starting to wait and see.

In the past, the price was too low, and not many pharmaceutical companies were willing. But if we can sell it at a higher price, more pharmaceutical companies will naturally be interested.

Maybe they were still having fun watching all this.

Just like those who sell graphics cards, they are naturally happy to see the prices offered by scalpers getting higher and higher.

Thinking of this, Wei Kang gave instructions to An Mei.

"Stop purchasing prescriptions for the time being."

****

Sakura Country, Kinugawa Hot Spring.

In an antique house, white mist was rising slowly and filling the air.

Standing around Yubata, you can vaguely smell a faint fragrance, mixed with a faint smell of sulfur, which has been diluted a lot by the aromatherapy and is no longer pungent.

Several fat, white, middle-aged men spread out and soaked in the hot spring pool, drinking ice-cold sake and moaning in comfort.

These are several small pharmaceutical company bosses from Sakura Country, gathering together to discuss the hottest events in the industry recently.

Fuji Pharmaceutical, Toho Pharmaceutical, Torii Pharmaceutical, and Fuso Pharmaceutical are all small pharmaceutical companies ranked in the 30s and 40s outside Sakura Country. The lowest-ranked Toho Pharmaceutical has an annual revenue of just over 60 million U.S. dollars. In the pharmaceutical industry Industry can be regarded as a small and micro enterprise.

Their performance is mediocre, and their drug research and development is very bleak. They can only focus on some niche or unpopular fields and research some small but beautiful drugs.

I have worked hard and worked hard for many years to achieve a balance of payments, but I still lose money at every turn. The recent economic situation is not good, and it is difficult to get loans. It is really unsustainable and life is very difficult.

There are many pharmaceutical companies like this in Sakura Country, and they have recently received notices from Eisai Pharmaceuticals to purchase their discarded prescriptions at a high price.

Although Eisai Pharmaceutical is now in full decline, it was once among the top five in Sakura Country. For these small pharmaceutical companies, it is already an existence that can only be looked up to.

These small and micro pharmaceutical companies in Sakura Country have been established for a long time, and they have accumulated many abandoned ancestral prescriptions, totaling hundreds of them.

These people were simply overjoyed when faced with Eisai's acquisition request.

I never thought that the waste paper at the bottom of the box at home could be sold at a good price.

Originally, they also thought that this would be able to collect a sum of funds to help the company tide over the difficulties.

But before agreeing, I learned a surprising news while talking to many colleagues.

The news came from Takeda Pharmaceutical, the number one company in the industry. It is said that in addition to Eisai acquiring discarded prescriptions at high prices, Chinese pharmaceutical giant Sanqing Group is also acquiring these items.

When they heard the news, they were completely stunned.

When did abandoned prescriptions become so popular?

The garbage that no one cares about in the past has suddenly become a hot treasure.

Eisai is just making acquisitions, but Sanqing is also making acquisitions?

That was the Sanqing Group, the Sanqing Group that skyrocketed and became a Fortune 500 company in three years, with revenues of tens of billions of dollars, and several prescriptions worth tens of billions of dollars. It was known as the King of Oriental Medicine!

The brightest and brightest star in the Eastern Hemisphere, no, in the entire sky.

Since Sanqing is also acquiring, they have to wait and sell.

In their eyes, the price offered by Eisai suddenly became less attractive and less attractive to them.

Although some pharmaceutical companies have quickly sold off their discarded prescriptions due to operating difficulties.

But they can still barely support it, but they can't compromise easily. They must at least look at the bid from the Sanqing Group.

Whichever side offers a higher price will be sold to.

They have contacted Sanqing Group and are now waiting for a reply.

As long as Sanqing agrees to pay more than Eisai, it means that we can negotiate. If we raise the price when the time comes, we will make a lot of money.

"Do you think Sanqing will take the initiative to raise the price? If it rises to tens of millions of dollars, will we sell it?"

A fat man with a triple chin took a sip of sake and spoke.

"Of course I'll sell it. Such a high price is enough for my company to live a good life."

Another very short man was sitting in the hot spring. He was almost submerged. Only his round head was exposed. His mouth opened and closed, letting out a burst of hearty laughter.

"It can't be sold. If he offers $10 million, it means he is definitely willing to give more. We have to continue talking. If we sell it so quickly, we will lose money."

A sharp voice drifted over and joined the discussion.

Several people have their own ideas, but they all reach a consensus, that is, they must not sell at a low price.

If the price is high, you will make a profit; if the price is low, you will lose money.

"I think it's OK, but it's really not possible. If Sanqing refuses to pay a high price, isn't there Eisai Pharmaceutical? The last time I got a call from that old guy from Okamoto, he was very anxious and was ready to spend all his money. Just buy as much as you have. Haha."

Several people spoke triumphantly, burst into laughter, and almost raised their glasses to celebrate their success.

In their opinion, this thing can definitely be accomplished, it is just a matter of time and how much harvest will be achieved.

Suddenly, a maid in kimono ran over with a mobile phone in her hand.

"Mr. Ono, your phone number."

The fat man with a triple chin slowly took the phone, put it to his ear, and listened.

He was very relaxed at first, with a careless contentment in his expression. Slowly, his face became serious, and he sat up straight, as hard as a piece of wood stuck in the hot spring water.

The short man poured a handful of water at him and asked with a smile: "What's the matter, Xiaoye? My wife went drinking again? Do you want us to help..."

Before he finished speaking, there was a pop.

The mobile phone in Ono's hand fell straight into the water.

Without realizing it, he turned to look at the short man, his face turned pale, and he said with a trembling voice, "It's over! Our prescriptions can't be sold anymore!"

"What?"

Several exclamations instantly sounded around.

Immediately, three or four figures emerged from the white mist. They looked extremely anxious and said in unison: "What is going on?"

Ono's forehead was dripping with sweat, his face was panicked, and he explained: "Sanqing gave me a reply, saying that it was suspending the purchase of prescriptions."

Several people looked at each other in surprise, and quickly asked: "Why? Why didn't you buy it all of a sudden?"

The short man asked doubtfully: "If Sanqing doesn't buy it, doesn't there still be Eisai?"

Someone echoed: "Yes, yes, what did Eisai say?"

Ono slapped the water hard, causing a wave of waves, and said angrily: "Ba Ge, Eisai doesn't even buy it. I don't know why you are crazy."

"ah?"

Several people looked at each other, dumbfounded for a moment.

This is wrong. If there is competition to acquire it, shouldn’t the price be increased?

Why didn't you buy it all of a sudden?

And it’s not that one of them doesn’t buy it, it’s that both of them don’t buy it.

How is this going? What the hell is Eisai doing?

"Is this a price-lowering strategy by Sanqing or Eisai?" Someone thought of this immediately and asked.

"It must be a price-lowering strategy. Let's ask that guy Okamoto what he wants to do?"

"That's right, go talk to him. We can't afford to offend Sanqing. What's there to be afraid of about Eisai? We must let him buy it all."

"That's right, how can such a thing happen? Yesterday, they were buying things, but today they are not buying them. What do you think we are?"

"What will we do if he doesn't buy it?"

"If I had known, I would have sold it to Eisai yesterday, or I could have sold it to Sanqing at a cheaper price."

"Hey, why can't it be sold after just covering it up for a few days?"

Several fat men started cursing each other, and the crowd was instantly excited. They climbed out of the pool angrily, wrapped themselves in bathrobes at the speed of light, and ran out the door.

(End of chapter)