In the office of the chairman of Tianlong Pharmaceutical Group, Liu Chen finally sat in the office as he wished.
Zhao Jingtian stood in front of him and reported the progress of his work to him.
"Chairman, we spent 1.5 billion yuan to buy the phase three supplementary clinical data of the blood pressure medicine. With a little more improvement, we can apply for production approval.”
"The medicine that lightens the skin spots is also undergoing phase three clinical trials. The effect is also acceptable. It's enough to be used as a cosmetic.”
"The research and development of the two generics are also going very smoothly. It is estimated that they will be completed within three months.”
Liu Chen nodded with satisfaction." Dr. Zhao, the only correct decision that Sun Zhiwei made was to poach you."”
The company originally only had a biological pharmaceutical laboratory and no chemical pharmaceutical experts. The chemical pharmaceutical experts invited from abroad had not arrived yet. Fortunately, Zhao Jingtian could take over.
"Thank you for your praise, Director Liu. I was just doing my part." Zhao Jingtian smiled reservedly.”
"Have you been paying attention to Xinming Pharmaceuticals?" Liu Chen asked again. How was their research and development of the new drug going? Was there no progress?”
He could not help but laugh when he thought about how Xin Ming Pharmaceuticals had bought a few abandoned prescriptions to research and develop.
If that medicine really had the value of development, even if Asabel wanted to sell it, it would have to be at a high price. Why would he sell it for 15 million?
The smile on Zhao Jingtian's face suddenly disappeared. He hesitated for a moment and said,"Director Liu, it seems that Xinming Pharmaceuticals has redone the second phase of clinical trials for that drug and changed the direction of treatment.”
Liu Chen raised his eyebrows. He knew that many drug research and development would change the direction of treatment because many drugs had multiple effects.
The R D personnel needed to choose the most suitable one for the market to develop in order to make money.
"Change it to treatment or something?"
"It seems to be for pain relief."
"Pain relief? Hahahaha, are they joking?”Liu Chen laughed heartily.
There were too many painkillers on the market now, both prescription and over-the-counter.
This market was indeed huge, but it also meant that this market had been developed early and meticulously.
Nowadays, there were only a few types of painkillers: antipyretic painkillers, central painkillers, and neuroanesthetic painkillers. However, there were hundreds of thousands of products, and the competition was very high.
For most people, antipyretic and painkillers such as fluralin would be enough. For serious cases, central painkillers such as tradol would be used. For more serious cases, neuroanesthetic painkillers such as CHF would be used.
The product range already included all kinds of pain treatments, so there was no need for new painkillers.
Tianlong Pharmaceuticals produced all kinds of painkillers, both prescription and over-the-counter. They did not earn much.
Xinming Pharmaceuticals must have a hole in their head to research painkillers.
Moreover, the prescription that Xin Ming Pharmaceuticals bought back did not have any painkiller effects. Most of the second phase of clinical trials would still fail, so it was not a concern.
"Dr. Zhao, do you think they're trying to fool people?”
"What do you mean?" Zhao Jingtian looked at Liu Chen.”
Liu Chen rolled his eyes at Zhao Jingtian. He really didn't understand. No wonder he could only do drug research and development and couldn't be a company manager.
"Let me ask you, did Xinming Pharmaceuticals buy many prescriptions that were completed in the second phase of clinical trials, and many of them were abandoned prescriptions?”
Zhao Jingtian nodded. Of course, he knew about this. Even many pharmaceutical companies in the industry knew about it and treated it as a joke.
"Then, did Xinming Pharmaceuticals announce that their hair growth medicine, hair removal cream, and other medicines were successfully modified from those abandoned prescriptions?”
"Think about what happened at Asabel's laboratory again, understand?”
"Director Liu, you mean that Xinming Pharmaceuticals is setting up a trap!" Zhao Jingtian suddenly realized.”
"They just want many pharmaceutical companies to think that some of the prescriptions that have completed phase II clinical trials still have development value, and even have high development value.”
"It's much faster than directly developing new drugs. It can greatly shorten the time to market.”
"And once it succeeds, the profits will be very high, which will attract more pharmaceutical companies to turn to them to buy the drugs that have completed phase II clinical trials, or even the new drugs that are in phase III clinical trials.”
"This way, they can sell some of the abandoned formulas that they bought at a low price at a high price and earn a huge sum of money!”
Liu Chen nodded. This was definitely their goal. There were many pharmaceutical companies that could produce new drugs but did not have the ability to research and develop them. However, they wanted to spend a lot of money to enter the field of drug research and development. They would definitely be interested in this.”
"But we won't be fooled. Xin Ming Pharmaceutical doesn't have a top-notch pharmaceutical expert. The person in charge of the drug research and development center is a young man in his twenties. He might accidentally develop a new drug, but it's absolutely impossible for him to develop multiple new drugs in such a short period of time!”
"Just wait and see. They will sell some of the new drug projects before the third phase of clinical trials is over. It depends on which stupid and rich pharmaceutical company takes the bait.”
Zhao Jingtian looked at Liu Chen doubtfully. Was that really the case?
Why didn't the information he got look like what Director Liu said?
However, it was better not to say it now, lest it upset Director Liu.
After Zhao Jingtian left, Liu Chen looked at the news he had gathered on his phone.
None of the pharmaceutical companies that purchased the prescriptions from Asabel's laboratory announced that they had successfully developed any new drugs.
It seemed that Tianlong Pharmaceuticals was finally ahead of their peers this time.
Liu Chen took the car keys and drove to the hospital to visit an old friend who was hospitalized and talk about business.
When they arrived at the hospital, Liu Chen carried some fruits into the ward.
"President Qian, congratulations on the successful surgery."
President Qian looked upset." Old Liu is here. Thank you for coming to see me. I'm in so much pain that I'm waiting for the painkillers."”
Liu Chen comforted him." Mr. Qian, it's better to take some painkillers if it hurts. That way, you won't suffer."”
"The painkillers produced by our Tianlong Pharmaceuticals are quite effective, and the quality is absolutely reliable.”
As they were talking, the nurse came in.
"Qian Yutong, it's you, right? Take one Supainting pill. It won't hurt after you take it.”
Liu Chen stood up and stopped the nurse. And what was this painkiller? Which pharmaceutical factory produced it?”
"This is a new clinical drug, a new…" the nurse explained.
"What? You want President Qian to test the medicine? Take it back! President Qian wouldn't take this kind of medicine. If he wanted to take it, he would have taken the slow-release tablets produced by Tianlong Pharmaceuticals.”
Qian Yutong panicked and pushed Liu Chen away."Old Liu, what are you doing? I'll take this medicine. This is the latest and best painkiller.”
"Nurse, bring it over. I'll eat it.”
In less than a minute, the pain on Qian Yutong's face disappeared.
Liu Chen looked at the nurse in shock." Where is this oral painkiller produced? Is it imported?" What was the composition that made the effect so fast?”
The nurse raised her chin." This isn't some imported medicine. It's a new painkiller developed by Xinming Pharmaceuticals. It takes effect quickly and lasts for a long time. It's not addictive and has little side effects.”
Liu Chen stood up immediately, and the chair made an ear-piercing sound.
"What did you say? Which pharmaceutical factory produced this?"
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