Go back in time and be a chaebol

Chapter 1460: The Profitable Industry of the Universe Factory

Chapter 1460: The Profitable Industry of the Universe Factory (First Update, Please Subscribe)
Competition exists everywhere!

Even within the company, whether it is Jianmin Pharmaceutical or Purdue Pharma, as subsidiaries of the company and similar companies, competition is inevitable.

Although there will be competition, almost no one can shake Jianmin Pharmaceutical's position as the "Universe Pharmaceutical Factory". Back then, Jianmin Pharmaceutical successfully became the world's first pharmaceutical company with a turnover of over 100 million yuan, relying on the special effect of "streptomycin" that was worth more than gold on tuberculosis. Although its profits continued to decline with the transfer of patents and the expiration of the patent period, the statin drug released by the laboratory, the world's first lipid-lowering drug for the treatment of coronary heart disease, became popular all over the world as soon as it came out.

"Although it only costs a few dollars a month to take this drug, a patient needs to take 6-12 boxes a year. Last year alone, we sold more than $2 million worth of drugs!"

In the manager's office of Jianmin Pharmaceutical, Frohlich said in a triumphant tone:
"There are 2000 million patients with hyperlipidemia in the United States. They are all potential patients with coronary heart disease. Lipid-lowering drugs are essential for them. If..."

Staring at Tom in front of him, the North American manager said:

“If we could get doctors to prescribe it to 500 million sick people, how much would our annual sales be?”

Tom answered immediately:
"6 million US dollars! At least more than 6 million US dollars!"

"Yes, that's right, $6 million!"

Fröhlich continued:

"That is to say, its sales volume can be more than tripled, but my personal estimate is 10 billion to 15 billion US dollars..."

If other people heard this, they would probably be so surprised that they would be speechless. This is almost equivalent to 1% of the national GDP, and it's just for one drug.

Mevastatin!

This is the world's first commercial statin. A few years ago, Zhang Zhiquan isolated mevastatin from fungi in the laboratory. Although it has occasional side effects - muscle pain, it is the only drug in the world that can effectively lower blood lipids.

Once it came out, it was immediately sought after by countries all over the world.

Although it has some side effects and is a little expensive, it can indeed save lives, so it naturally opened up the market all over the world.

"Although this is true, General Manager, we all know that the side effects of mevastatin are very strong. Its current market limitations are directly related to its side effects."

As Tom finished speaking, Frohlich laughed.

"Now it's all over."

As he spoke, he took out a box of medicine from the drawer, put it on the table and said:

"Now we have it. It's Dr. Zhang's latest invention."

"Is this Dr. Zhang's new invention?"

Tom said in a surprised tone.

"Yes, after discovering mevastatin, Dr. Zhang continued his research in this area. Last year, he found a substance in another fungus that is almost identical to mevastatin, namely lovastatin. The company has already achieved mass production of it. The commercial brand is called Pujiangzhi, which means universal lipid reduction..."

Frohlich looked at the box of medicine on the table and said proudly.

"Compared with the previous mevastatin, the side effects of this lovastatin are very mild. Our long-term experiments in India and Surabaya have proven that it can not only effectively lower blood lipid levels, but can also be taken for a long time.

The marketing department estimates that its total sales worldwide should be between 15 billion and 20 billion US dollars, 80% of which will be in the United States. "

Why in the United States?
Because there are many patients in the United States!

High blood lipids are directly related to the living standard. If you sell it in Korea, you may not be able to sell it. There are only one or two fat people in that country. Where can you find patients with high blood lipids?

Taking the box of medicine, Tom looked at it, thought for a moment, and said:
"Has the FDA approved the launch of the product?"

The drug administration he mentioned is not the FDA in the United States, but the drug administration here. The reputation of the drug administration was greatly improved by its supervision of "thalidomide". His voice started to be heard after Li Shun refused to put "thalidomide" on the market.

From then on, the credibility of the Drug Administration became unique in the world and became the industry benchmark for all national health regulatory departments. This was because long before Li Shun refused to allow thalidomide to be marketed, a bill known as the "Constitution of the Drug Review System" - the "Drug Supervision Law" was implemented here. According to the requirements of the bill, the Drug Administration has extremely high regulatory power over drugs.

This bill has three important clauses, which were adopted by many countries after the "Thalidomide Incident": first, before each drug is put on the market, a safety and effectiveness test report must be submitted to the FDA; second, the effectiveness and safety of all drugs put on the market after 1938 must be re-evaluated; and third, the FDA is granted the power to directly supervise the daily production and clinical trials of pharmaceutical manufacturers.

It is precisely because of the strict legal supervision that medicines produced in Borneo are recognized worldwide. As long as the drugs are approved by the Food and Drug Administration, they will definitely be recognized by the FDA and other institutions.

"Of course!"

Frohlich nodded and said:
"We have conducted long-term trials in India for more than a year, including pregnant women, and now the drug regulator has approved it for marketing. The only problem is..."

Looking at Tom, Frohlich asked:
"How long will it take you to get it to the entire U.S." "What about mevastatin?"

Hearing Tom's question, Frohlich shrugged his shoulders and said:
"It's a thing of the past. Now Medecine is more effective and has fewer side effects, but it's a little more expensive... So, what are you going to do?"

Facing the general manager's question, Tom thought for a moment and said:
"Since it is a perfect drug, it is natural to use the best marketing strategy. I will mobilize all my strength to recommend this drug to doctors. Of course, it needs to pass the FDA review first."

Since it is a perfect drug, coupled with Jianmin Pharmaceutical's "money-making brain", the promotion speed of "Meijiangzhi" can be described as rapid.

It was launched in Germany in December, and in the UK, Australia and New Zealand the following year, and soon in the US. Six months later, 12 countries around the world could buy "Meijiangzhi", which is also the fastest-promoting drug in history.

In the following days, advertisements for "Meijiangzhi" could be seen on almost all televisions. Even in the small island of Wandao, advertisements for "Meijiangzhi" were also being broadcast.

“It didn’t reduce fat.”

The man adjusted his glasses, watched the commercial on TV, and then said to himself:
"It's better than Xuezhikang? And it has no side effects?"

While he was speaking, he deliberately glanced at the medicine box on the table. Xuezhikang is the commercial name of mevastatin.

"Or is it from Jianmin Pharmaceutical?"

Read more latest popular novels at 6.9*shuba!

Thinking this in his mind, the man thought about it, picked up the phone and dialed a number, saying:

"Hello, is this Doctor Chen? Haha, yes, it's me..."

After a brief chat, the man asked about the "Meijiangzhi" drug. After learning that the drug was indeed very effective, he walked out of the house and saw his wife who was busy working, and said:

"Dongxiu, let's go to the National Taiwan University Hospital later."

"Sir, are you feeling unwell again?"

The woman asked quickly.
"It's not that I feel uncomfortable. There is a new medicine that is more effective for my disease and has no side effects. You know, the medicine I used before was effective, but it made me ache all over after taking it for a long time. Sometimes I couldn't even walk, so I wanted to change the medicine."

The man rubbed his shoulders again as he spoke. Although the medicine lowered his blood lipids, the physical discomfort made him feel very uncomfortable.

"In that case, you must go, sir. I'll ask someone to call a taxi right away."

"No need to call a taxi, let's take a walk later. It's not far away, we'll get there in no time."

The man smiled and said:

"Didn't the doctor say that walking a few thousand steps every day is good for my health?"

Soon, the couple left the yard, walking and chatting. Occasionally, the man looked at the cars on the street and said with a smile:

"Dongxiu, look, that's the Plum Blossom car. Many businessmen are buying it now."

Meihua is a car produced using Wuling technology. Although the production scale is not large, it is more than enough to supply the local market.

The woman said, "Sir, I have seen this one in college, and many professors have bought it."

"In recent years, everyone's income has increased a lot. Trade OEM has indeed changed many people's lives. You can see that the streets are busier than before."

The streets are indeed very busy, with small stalls everywhere. Many of them are retired veterans who make a living from this. They are often accompanied by a young woman, most of whom are from Southeast Asia.

Seeing this lively scene, the man couldn't help but say:
"Dongxiu, do you remember, in the early years, when we were in Peking, when we were walking on the streets together, Siducai..."

When he mentioned his son, his voice suddenly stopped and the smile on his face disappeared. He opened his mouth but still couldn't say anything. Perhaps because he was getting older, he always dreamed about his son whom he hadn't seen for many years in recent years.

Seeing her husband's lost look, Jiang Dongxiu also suppressed her longing for her son and comforted him:

"Sir, just take care of your health. You will always have the chance to see Sidu again in the future. He should be doing well now..."

"It must be so, it must be so..."

The man nodded repeatedly, looking at the food stalls. His expression was somewhat desolate, and more of a longing for his family...

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like