Chapter 102 Success
What's the name of that medicine?

Li Tang was stunned when he asked this question. He had never thought about giving the medicine a name.

"Mr. Ethan, this medicine can be called anything. It doesn't matter. Let's call it X first."

"Okay, let's talk about X, about its agency..."

In fact, this matter has been discussed before, but not with the deputy general manager Ethan, but with the manager of their company's office in China.

Now that their head office can send the deputy general manager here, it means that the deadline and price negotiated by the two parties are still almost acceptable.

However, Johnson Company obviously has other ideas. They are a little dissatisfied with only getting the agency rights in North America, but want to get all the agency rights in the world except China.

They have their own sales channels in major countries around the world. No fool would want to do a business that is obviously profitable.

Also, the most important reason why Johnson Company is so aggressive in fighting for the exclusive rights to distribute this drug is that although they call it a drug, it is actually not a drug because it does not treat any disease, and it does not even treat any disease. They are not considered health supplements, they just play a supporting role. Even if you take them daily and do not exercise in bed, you will not feel any discomfort.

A product that is neither a drug nor a health product can completely bypass many regulations. Even if the regulatory authorities bring it into management in the future, that will only happen later. They don’t know how much money they can make before that.

Negotiations continued until three o'clock in the afternoon before a price that was satisfactory to both parties was reached.

The exclusive agency period is ten years, and the annual agency fee is US$200 million. From the sixth year, the agency fee will increase by 5.00% every year. It will be negotiated after ten years.

Drugs are made into tablets, priced at one dollar for two tablets, and each purchase must be no less than $[-].

Li Tang still has some headaches about the factory's productivity. There is currently only one tablet production line in the factory, and the annual productivity is only a few hundred thousand tablets. Currently, Qiangli Yinqiao tablets are produced. For this medicine, the productivity is completely sufficient, but For new drugs to be produced, that would be a disaster.

No way, the traditional Chinese medicine pre-processing workshop in the factory, such as refining, cutting, drying, processing, and extraction, are basically manual operations, which are time-consuming and labor-intensive. Slow pre-processing will inevitably affect subsequent production.

Alas, before the money is received, we have to spend money first to build a new factory, recruit workers, and continue to purchase production lines.

"Mr. Ethan, this is a little gift from me."

Seeing that the negotiation had been completed and the contract had been initialed, Li Tang took out a lunch box from the bag he had just carried and opened the lid of the lunch box. Inside was a lunch box of dark stuff.

"Li, what is this? Is it food?" Looking at the black thing, Ethan asked curiously.

"No, no, no, it's not edible. You must not eat it. It's for smearing. If you have a scar anywhere on your body, you can smear it on the scar. If you're worried about staining your clothes, you can wrap it around the place where the medicine was applied every day. It can be cleaned up in an hour and the results will be visible in about 20 days.”

"You mean this is medicine to remove scars?" Ethan understood. He quickly took the unattractive-looking aluminum box from Li Tang's hand. As soon as he received it, he seemed to remember something. .

"Wait, Lee, you speak English?"

As the staff of the foreign affairs department over there translated, everyone realized that the few sentences Li Tang just said were all in English.

The leader in charge and the staff from the foreign affairs department who came from the province just sat there and looked at this. Whether Li Tang spoke English or gave gifts, they had all been reported in advance. What exactly were the gifts? , they also know.

"Yes." "Then why didn't you say it just now?"

"Isn't there a translator?"

"Uh...well, Lee, I still think you should consider what I just said."

"Thank you Ethan, and thank you Johnson. I have no plans to change jobs at the moment. If I have the idea in the future, I will give you priority.

Okay, let me tell you how to use this ointment. You don’t need to use too much when applying it..."

"Li, I will arrange for people to try it when I get back, but why don't you make more? This is just a few, and it's not enough for many people to try it." Ethan looked at the few ointments in the box and felt a little disgusted.

After hearing this, Li Tang said helplessly: "It took me three months to make it by hand."

"Did you make it yourself?" Ethan looked down at the ointment in his hand, then raised his head and said, "Li, you are really a genius. If the effect is as good as you said, I will congratulate you." , but I don’t know if you understand that if it is a drug, the approval procedures for imported drugs will be very troublesome, and our country is still very strict in this regard."

"Ethan, I have some understanding of your country's drug management, but this is a plant-based beauty product, not a medicine!"

!!!

Looking at the young man in front of him, Ethan suddenly felt like swearing. He swore that as long as the medicine in this broken box was as effective as he said, he would make a suggestion to the board of directors again and continue to improve his understanding of this medicine. The young man's investment is trying to pull him in by any means. This is simply a walking humanoid gold mine, not to mention that he also has an anti-cancer drug that has already been developed.

Negotiations went very well today as everyone worked hard to get this deal done.

Johnson's reason is that they have been researching that medicine for more than two years, and they know its effects very well. Even though they have been researching it for so long and have invested a lot of money in it, they still haven't been able to crack the formula.

Therefore, in order to make up for their losses in the past two years, they must obtain the agency rights for this drug, and as far as they know, other pharmaceutical companies also have this plan. They just get it first because they plan to invest here.

The business department above and the province all know that if they wait for other companies to compete, they may get more money, but in order for Johnson's investment to be realized, it is not a big problem to suffer a small loss. After all, this is Bian's investment is tens of millions of dollars, as well as advanced technology.

Lang Youqing and his concubine were interested, so the cooperation was facilitated. All that was left was to wait for the formal contract to be signed.

"Third son, are you okay later?"

Outside the district hotel, after seeing off the guests, Father Song walked up to Li Tang and asked.

"Uncle, I was just planning to tell you that I wanted to go home to eat dinner tonight."

"That's good. I'll talk to your aunt later and ask her to prepare some dishes and we can have a drink. If that doesn't work, we can stay at home at night."

"Okay Uncle."

(End of this chapter)

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