Rebirth of the Age of Wealth

Chapter 130 Pharmaceutical Research and Development

In less than two days, Gao Fuxing and his partners found Li Weidong with the plan.

Li Weidong took a quick look and saw that there was nothing to see in what they had piled up in two days. Li Weidong mainly looked at whether their thinking was clear and whether there was any problem with the general direction.

"Are you sure the name is this?" Li Weidong was disappointed when he saw the name, Dongxing, it sounded like a club.

"I wonder if Mr. Li has any good opinions?" Gao Fuxing could see that Li Weidong was not satisfied with this name. This is their company in Shanghai, and that's the name.

Although they have joined Anjuke, the original company has not been cancelled. They all still have the same vision, to transform the technology in the school into industry, so they directly use the original company name without changing the name.

"Forget it, how much money do you have, how much can you invest, and how many shares do you plan to hold?" Li Weidong no longer cares about the name of the company. Now, through his efforts, it is not known whether it can grow into a company as awesome as it was in his previous life, so why should he care?

What about the name?

Gao Fuxing and his schoolmate and colleague Liang Dongkui looked at each other, not knowing how to answer.

"Mr. Li, we only have more than 200,000 yuan in hand." Finally, Gao Fuxing said a little shyly. He never thought that there was anything to be shy about in this era of 200,000 yuan, but facing Li Weidong, they were not proud at all.

Capital.

Li Weidong is also scratching his head. He doesn't know how to deal with it. What if he invests in technology, but they can't come up with any technology that has practical significance now.

It is not impossible to invest capital with capital. I wonder how Gao Fuxing made this industry bigger in his previous life, and where did its original capital come from?

If you don't invest tens of millions in the biomedicine industry, it's basically a joke, not to mention the bottles, the basic experimental equipment and the scientific researchers, and you may also face long-term failure.

risk.

From this point of view, it seems that it can only be carried out in the form of option incentives. Li Weidong is familiar with this, but the signed agreement is also more troublesome.

"I'll give you two weeks, whatever you have, and I'll invest HK$20 million. If you can have a new drug on the market within three years and make a profit, I will reward your management team with 10% of the shares."

Li Weidong felt that it was very cost-effective to make a bet of 20 million when meeting such a great person. If successful, the income would be thousands or tens of thousands of times. 10% was nothing.

"Mr. Li, 20 million Hong Kong dollars, are you kidding me?" Gao Fuxing looked excited, but in his mind he was thinking about 20 million Hong Kong dollars. How much money would they have to spend to get a small share? As for the 10% option, they just treated it as a joke.

.

"My brother is someone who has the leisure to joke with you!" Liu Dachun beside him was filled with envy. He and Li Weidong ran back and forth and only got more than 10 million in funds.

Unexpectedly, Gao Fuxing gave him 20 million after just one meeting, and also gave him 10% options.

Liu Dachun secretly swore in his heart that when he had children, he would make sure his children study hard. He finally saw it. He and Gao Fuxing stood together. Apart from their looks, the only difference was in studying.

Li Weidong had never been exposed to this industry in his previous life and was not very familiar with it, but from now on until the next century he has been shouting that the most profitable thing in the future is bioengineering.

The biopharmaceutical industry definitely has development potential in the future. When he was reborn in his last life, a virus swept the world and made everyone realize the importance of biomedicine.

Li Weidong dare not say that he will make this industry bigger and better, but he now has the ability to start this industry in advance. There is no shortage of funds. As long as he continues to study, the results will come out sooner or later.

Gao Fuxing was able to achieve such great success in the pharmaceutical industry in his previous life. With Li Weidong's blessing in this life, it shouldn't be too bad, so it's worth Li Weidong's gamble.

"Mr. Li, thank you so much!" Gao Fuxing was so happy that he didn't know what to do.

"I think your plan is to develop it yourself. Isn't it a bit too difficult?" Li Weidong said.

"Mr. Li, it's like this. Several of my classmates studied bioengineering in school and have some exposure to the hepatitis B vaccine, so our goal is to develop this vaccine!" Liang Dongkui said.

He knows more about professional matters than Gao Fuxing, so it is more appropriate for him to do the talking!

"Oh, that's what happened. Yes, scientific research results are transformed, and only when there are profits can we have money to continue research!" Li Weidong pondered for a moment and felt that he had to praise them. This idea is good.

Unlike later generations, everyone's scientific research results are either for writing papers or for scientific research funding. There is no way to commercialize the things finally developed. Although it cannot be said to be a waste of money, it is almost the same.

Applying for patents is even more outrageous. It is just for the purpose of evaluating professional titles. Only one out of ten is truly transformational. It is a complete waste of resources. Although it is said to be the world's largest number of patents, the conversion rate is frighteningly low.

"However, you must also see the gap between domestic and foreign countries. For some drugs that are about to expire, making generic drugs is also a direction!"

"Mr. Li, we..." Gao Fuxing wanted to refute, feeling that Li Weidong looked down on them!

"Listen to what I'm saying. You can investigate the proportion of generic drugs in the United States and Europe. Don't think you are awesome. Start by developing original drugs. You won't be able to develop a drug for three to five years!"

"But generic drugs whose patents are about to expire are not so difficult. This is also a process for you to gradually accumulate experience. The gap between us and the United States needs to be seen!"

"Pfizer, you must understand that it has been established for many years, which is older than our New China. They have the strength to develop new drugs, but you are still too weak!"

Li Weidong should not attack them again. In the future, China and India will be the largest producers of generic drugs. This proves that the market must be huge, and of course original drugs must also be used.

However, creating the maximum value with existing funds is in line with the theory of value success. You must survive first before you can think about better things. Li Weidong naturally has the money to spend, but this is not in line with the optimization theory.

"Okay Mr. Li, we will carefully consider your opinion!" Gao Fuxing looked at Liang Dongkui who had something to say, quickly took over and said sincerely.

"I'm not saying that we won't develop original drugs, but it must be based on the fact that you have the strength. This strength not only includes funds, but also has considerable experience accumulation!"

The God of Medicine has seen that original drugs are extremely expensive, but generic drugs are very cheap. Of course, Indian Asan started to imitate the drugs before the patent expired, and sold them so arrogantly, which is a bit unjustifiable. Keep a low profile!

"Mr. Li, I will make a detailed plan based on your opinions when I go back!"

Something that can be made in two days will definitely not be in Li Weidong’s eyes!

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(End of chapter)