Wall Street of the third generation chaebol
Chapter 152
< The end of Bayer Pharmaceuticals. (2) >
“On the first day, about 1,000 people had seizures…”
The predicted 3 days have passed.
Under the supervision of the medical community, the first FDA drug cessation took place across the United States for three days. Large hospitals moved quickly to receive incoming patients, and the FDA ran in all directions to find medical staff and wards to accommodate them.
As the results of drug cessation were collected one after another by the FDA, the attention of the medical community around the world was focused.
and currently.
The FDA was seeing unbelievable results.
“On the second day, 20987 people suffered withdrawal symptoms, and 13433 people were sent to the intensive care unit to continue their medication.”
Day 3
The butterfly effect caused by stopping heroin caused a storm.
“Even though the medical staff desperately stopped it, about 100 people died in a moribund state…”
In three days, 10 people died of dehydration.
All 10 of them were addicted to heroin, so they could not give up their dependence, and they increased the dosage of heroin at the pharmacy and were completely pickled in heroin.
He was transferred to the intensive care unit due to the terrible withdrawal symptoms of pouring water out of the holes in his body, but died from taking a lethal dose.
“after….”
The FDA director slumped into his seat.
Ten people died as a result of drug cessation for three days. It was the result of only three days, so if it had been done for a week or a month, it would have been fatal.
It’s not a matter of just one or two people.
“Is this garbage-like drug being sold as an antitussive (cold medicine) in general pharmacies under the name of Hero? How many people are taking heroin?”
This is only the official figure.
It was self-evident that the unofficial level would be much higher if heroin was taken on a regular basis. It would have been even more fatal, especially in the case of residents of slums or slums.
They won’t even go to the hospital.
“Shall we announce?”
“…Let me make the announcement myself.”
This is an important matter to be announced at the director level.
Just like the British atrocities in selling opium to the Qing Dynasty. Germany was selling drugs to the United States and not to the rest of the world.
Since there was no regulatory law like the Food and Drug Act, it must have been delicious.
But now that heroin has exploded.
In the future, the United States will enter the war on drugs. The German pharmaceutical industry and the US pharmaceutical industry will have to be very tense.
– Say no without saying a word. I’ll take care of it at the White House.
President Roosevelt was grinding his teeth.
The White House was monitoring the situation on a daily basis in cooperation with the FDA, and copies of important data were sent to the White House.
Rumor has it that Congress will soon introduce a ban on opioids.
“We have shared our data with the Johns Hopkins School of Medicine. We will work with the FDA to publish the research results and papers as soon as possible,” said Johns Hopkins.
“Looks like he’s been pecking at Pfizer.”
“It is said that a lot of it was ripped off for research funds.”
“Anyway, only the results will come out.”
The FDA Commissioner thought.
If heroin’s toxicity, dependence, and addictiveness were revealed, the world would shake violently as if struck by an earthquake.
Bayer is an international pharmaceutical company.
It was being exported not only to the United States, but also to the German Empire and European powers, so the impact could not be ignored.
“If I had quietly acknowledged it, things wouldn’t have gotten this far.”
In fact, even if Bayer acknowledged the harmfulness of heroin and recalled it in full, the situation did not get this big.
Dependence on opioid drugs can be reduced.
A pharmaceutical company would only need to re-release drugs with controlled dependence on the market.
The FDA Commissioner also acknowledges that the drug is incomplete.
Medicines are bound to fail a lot, and that’s why it is always necessary to have thorough instructions on medicines. Pharmaceutical companies should not hide this, and whenever a mistake is made, it should be investigated and the cause should be clarified.
“But in three days, the death toll crossed the line…”
widely.
The FDA Commissioner stood up.
“Prepare for the press conference.”
***
[Three days of shock. Official total casualties exceeded 30,000. The intensive care unit of a large hospital is full. Our families suffering from heroin.]
[Bayer poisoned America. Are German pharmaceutical products safe?]
[Large hospitals that entered the Bayer boycott. ‘You can’t prescribe dangerous drugs that kill you.’ ]
[Praise from the public pouring into the FDA. A successful debut. The people’s hero who defeated Bayer.]
[Johns Hopkins School of Medicine, ‘Heroin’s Harm is Fatal. Exceeding a certain dose can lead to death within 3 days. It’s definitely the devil’s drug. A related paper will be published within this year.’]
-Washington Post (WP)
[Wall Street Heroes Hedge Fund, $10 Million Sponsored to Create a Fund for Heroin Victims. ‘It’s time to spend money like this.’]
[Chairman Detroit, ‘My brother is also in bed. I could understand the feelings of the victims.’ A quiet interview.]
[J.P. Morgan Bank, Rockefeller, Carnegie, and other big names continue to receive donations one after another.]
-The Wall Street Journal (WSJ)
“Our FDA is declaring war on heroin from now on. Starting today, we will withdraw the license of Bayer’s North American branch, impose a business suspension, and enforce the full recall of heroin.”
“We have already raised 100 million dollars to our hedge fund. We declare that the account books of the relief fund raised for heroin victims will be cleanly disclosed to the private sector, and all will be used for the victims.”
“Victims. Rest assured. We are here.”
– Wow!!!
without even knowing them.
People who have suffered from heroin were enthusiastic about the hero, the FDA, who appeared like a comet.
This debut game gave the FDA an image of trust, and the FDA started sweeping international influence and public confidence at once.
“Did the hedge fund donations arrive well?”
“Yes, it is said that the New York Fund has been safely delivered to the FDA. Already, letters of thanks from heroin victims to the hedge fund headquarters are piling up.”
3-day drug cessation by FDA.
The aftermath was foreseen. However, the government support funds for them have not yet been organized, so I created a donation fund with the funds of the hedge fund.
J.P. Morgan and Rockefeller, Carnegie on a truce with me, and Washington and New York tycoons all packed up and put money into my fund.
The donations quickly grew to billions of units, and they began to be used as compensation and relief funds for the victims’ families.
Public opinion began to respond explosively to the enthusiastic performances of the two heroes of the FDA and hedge fund.
At the same time.
Bayer is starting to be framed as a bastard in the world.
‘This is how money is spent.’
but.
There was one more thing we had to pay attention to.
“The Prussian government must also be in turmoil.”
I was lying on the sofa in the Pfizer president’s office.
Covering his face with newspaper, he lay down in a comfortable position and spent a comfortable time in the position just before going to sleep.
“Master, everything is fine, but… What are you doing?”
“nap.”
“Aha….”
“It’s a joke.”
I jumped up.
Actually, I was really going to sleep, but I was a little too busy for that.
Let’s close our eyes.
“Is there no contact from Johns Hopkins or Johnson & Johnson?”
“It is still undergoing clinical trials. The FDA has raised the standards for clinical trials, and it is said that the two medical institutions are having a hard time.”
“I have to raise it more. I have to raise it to at least 3 phases and make the conditions more strict.”
Medicines aren’t for kids.
It means that it is not a business that is easy enough to make hahahoho like playing house. It is a drug administered to ‘real people’.
As the FDA’s clinical trial standards become more stringent in the future, sunk costs for pharmaceutical companies will increase.
The era of breaking trillions of dollars is coming soon.
“What about Bayer?”
“It’s devastating right now. A telegram from the hedge fund secretary sent to the German Empire says that junk bonds are pouring into the bond market.”
“Tell them not to pick up junk bonds.”
“Yes!”
Wilhelm II’s Prussian government was more capable than expected in terms of internal affairs, although diplomacy was stagnant.
The Prussian cabinet’s Ministry of Education and Health will soon issue an official notice or disposition, so we have no choice but to wait until then.
Perhaps the business closure is the default, and I think I will eat a little bit of bitter gourd.
Litigation Critical.
“Bayer executives?”
“Federal Attorney’s Office has moved. I asked Crevass, and Attorney General Taft drew his sword.”
“Oh, Blatchford was in charge of this. Bayer is over.”
The enemies they faced were strong.
As it was the United States Department of Justice and the largest law firm in the United States, I do not express my deep regrets to Bayer, who turned them into enemies.
you can be a bit messed up
‘If you think that Bayer’s parent company built Auschwitz in World War II…’
IG Farben.
During World War II, it was a monopoly in the German chemical industry loyal to Nazi Germany. It was a company that was formed by consolidating large companies in the German chemical industry.
Bayer was one of them.
In other words, it is a criminal enterprise.
‘Thanks to you, I have zero guilt.’
“What is more surprising is the secretary’s office of the German subsidiary of the hedge fund. The secretariat planted in the German Empire during the Krupp industrial espionage case would be so helpful.”
“Isn’t that the foresight of the master?”
“no way.”
I had no intention of investing in the German Empire until the Kaiser proposed it through the Reichsbank governor.
The German Empire thought of it as a hand to discard.
After World War I, I was thinking of picking up some German tech companies.
“You never know. Who knew that my brother would be of such useful help.”
I shrugged.
With Jack Tracy lying on the bed, it was perfect for me to be part of a family of angry victims.
This knife is well-honed and should be wielded when negotiating with Bayer as a German investment company.
A hum came out of nowhere.
“When are you planning to leave the German Empire?”
“Watch the Prussian government’s policy.”
“Are you going to just watch?”
James made an anxious voice as if he was handling a bomb.
I shrugged.
“no.”
This novel was posted at https://readwn.com
Once you’ve figured it out, you have to move right away.
I am a diligent person.
***
Bayer.
Leverkusen headquarters.
shareholders’ meeting.
“The Prussian Parliament has requested attendance! The subpoena states that the board of directors and all major shareholders must be present. How are you going to solve this situation!”
The situation escalated.
it got too big
Bayer headquarters had long since stretched out, and there was a boycott of Bayer all over the German mainland.
Major shareholders spit in their mouths and rushed to the chairman of the board of directors.
– Answer me, you bastards!
– Whoa!
Kudang-!
When the chairman of the board of directors was grabbed, beaten, and lynched by the shareholders, the general meeting of shareholders quickly turned into chaos.
Beep-!
The mayhem had already been foreseen.
Soon after, Prussian police, who were waiting to put down the situation, broke in and calmed the situation.
The shareholders’ meeting was resumed in the presence of the Prussian police.
“The Minister of Education and Health announced directly from the podium! The Prussian government is planning to make heroin a banned substance and to prosecute Bayer in the Imperial Court. How are you going to solve this!”
Withdrawal of the Prussian government.
“Boycotts not only of heroin but also of all Bayer drugs are being carried out in medical institutions throughout the German Empire, especially large hospitals!”
loss of the medical profession.
“It is said that companies that offer medical insurance such as Krupp, Thyssen, etc. are canceling insurance coverage for Bayer’s products! Is there any countermeasures?”
Loss of big companies.
“European powers, including the United States and Sweden, are one after another banning Bayer heroin drugs. If Bayer could be expelled from European powers soon, what would you do?
Bayer had no other way out.
“Ugh…”
The chairman of the board clenched his teeth and clenched his hand as if his nails were torn off. How the hell did the situation get so big?
‘Is the death sentence already scheduled from the time the lawyers were provoked in the litigation by JP Morgan Bank?’
In the meantime, the banks of the American villagers have been neglected as being below the rank of the German Empire.
They ridiculed their backward judicial system and even thought of giving the German government a shot at JP Morgan.
That was only a couple of months ago.
“In just a few months, the Biel that has been built up for decades is falling apart like a sand castle.”
they end up
He did not feel sorry for the patients or thought about the victims. How did the patient approach them?
number? sales?
They wanted to get rid of the shareholders who were installing them right in front of them.
“There is a solution.”
It was too much of a burden for the Prussian government to destroy Bayer as it is. As an international pharmaceutical player, it was a bit large.
He was even considering the thought that if Bayer were to close like this, the German pharmaceutical industry could retreat.
“The fundamental reason why the Prussian government is so strong against heroin is its international perspective. It seeks to neutralize the international condemnation of heroin by shifting it to Bayer.”
“How can you guarantee that!”
“It’s the Prussian government that didn’t impose a business suspension on Bayer. Why didn’t they do it? Even though they could do it enough if they wanted to.”
Bayer doesn’t just limit itself.
It also enjoyed a position as a dye and chemical company. The items that were suspended in the US were also in the pharmaceutical sector, but the chemical sector was still unharmed.
The Prussian government has not yet shut down even the pharmaceutical industry.
Their intention to save Bayer was revealed.
Big horses don’t die.
‘It was open breath.’
Bayer knew that the Prussian government was not the enemy, and found that they were just doing the show to counter the international gaze.
Bayer thought.
This novel was posted at https://readwn.com
Over time, people will forget everything.
Until then, the public’s interest will rapidly cool if they continue to fight lawsuits with patients.
It will take a while, but isn’t it the proprietary patents of large corporations that drag on for a long time before litigation?
‘If you endure, you win.’
This trouble will soon pass.
Perhaps it could even cancel the compensation for the patients. If you dilute it, the public’s interest will also cool.
‘The problem is cash…’
Current Bayer ran out of cash.
To meet this need, subsidies from the German government, that is, the Prussian government, government subsidies, and government projects were needed, but it seems difficult right now.
wow-
‘If we hold out until then, Bayer will win.’
There was no way.
In the process of negotiating with the Prussian government, the solution they proposed was well prepared.
– As the Prussian government is making all-out efforts to nationalize Krupp, we cannot support Bayer. Bayer is currently embroiled in controversy and our Prussian cabinet is also taking a cautious approach.
– Instead, we would like to inform you of a window where you can get funding on behalf of the Prussian government.
The Prussian government did not disappoint Bayer’s expectations.
Soon they came up with an alternative.
– Get an investment from the German Investment Corporation. That’s Bayer’s only way out.
At that time, the chairman of the board was intuition.
Now Bayer’s lifeline.
That the German Investment Corporation, not the Prussian government, is in control.
“It’s the only way out…!”
He clenched his fist until it crumbled.
The person they were convincing was now the head of the German Investment Corporation.
But their hopes were soon shattered.
“Nice to meet you. This is Detroit Morgan, the head of the German Investment Corporation. He is the younger brother of Jack Tracy, who was paralyzed by the heroin you manufactured.”
Bayer’s board chairman looked at the young man in front of him with a blank expression.
Whoops-!
chock chock.
“Why are you coughing… Oh, have you ever caught a cold?”
widely.
He put the heroin bottle on the negotiating table.
Then he muttered with a face of genuine concern.
“If it’s a cold medicine, here it is.”
looking at it
Bayer’s chairman thought to himself.
This novel was posted at https://readwn.com
Oh
We’re totally f*cked.
< The end of Bayer Pharmaceuticals. (2) > end
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