The next morning.
In the big conference room of Xinming Pharmaceutical Company.
The company's directors were all present, discussing the company's business policy for the next period of time.
"Everyone, just now, everyone talked about some methods to reduce costs, but we can't just reduce costs. The company also has to make money.”
"I think the best way now is to take out our hair growth medicine alone and find other pharmaceutical companies to cooperate with. At least they can bring us hundreds of millions of yuan in funds, and the company's operation won't be a problem.”
Zhao Jingtian's words made the other directors of the company hesitate.
Of course, they knew that the company's current funds were still insufficient. They had to pay the bank loan interest immediately and repay the principal in another year.
The salaries of the employees and the loans owed to other partners were not small sums.
It was precisely because of this that they had wanted to sell the drug research and development center.
Research and development of new drugs was not something that small pharmaceutical companies like them could afford.
However, now that the Drug Research and Development Center had successfully developed a new drug, and it was a new drug that everyone could see the future of, none of them could bear to sell it.
If he didn't sell this, the company would still have no working capital. Even 100 million yuan would be a drop in the bucket, let alone 50 million yuan!
Fu Xinming looked at Zhao Jingtian.”
Zhao Jingtian's expression was calm." Anything is fine. It's best if it's within the province. It's easier to communicate. If necessary, you can look for the government to coordinate. Private pharmaceutical companies are more suitable.”
There were only two or three private pharmaceutical companies in the province that were worth working with. In terms of communication convenience, it could only be the Heavenly Dragon Pharmaceutical Group in Ice City!
Zhao Jingtian looked like he was thinking for the company, but in reality, he had already locked on to the target of the cooperation.
Fu Liang was not qualified to attend the meeting, but he was the only son of Chairman Fu Xinming and the person in charge of the new hair growth drug, so he also attended.
Hearing Zhao Jingtian's words, Fu Liang expressed his objection before anyone else could speak.
"We can work with any pharmaceutical company, but it can't be Tianlong Pharmaceuticals unless they're willing to become our holding subsidiary.”
"As for the company's current financial difficulties, isn't it not the most dangerous time yet? We can try to apply for a loan from the bank again. This is in line with the interests of all shareholders.”
Zhao Jingtian turned around and looked at Fu Liang."Do you think the company didn't apply for a loan again? We don't have any collateral, and no company is willing to vouch for us. We haven't repaid the previous loan, so how can we continue to borrow?”
"When the company really reaches the most dangerous time, the partners will definitely crazily lower the conditions, which will be the most disadvantageous for us.”
"Although Tianlong Medical Company had conflicts with us before, it was a normal business competition. Fu Liang, you can't act on impulse.”
If this collaboration was successful, Zhao Jingtian would be able to get a large sum of money from Tianlong Pharmaceuticals and a good position.
As for betraying Fu Xinming, who had helped him, betraying Xinming was nothing to him.
Wasn't he working for money? He had to choose how to earn money quickly and how to earn more.
Moreover, the market value of Tianlong Pharmaceutical Group was close to 10 billion, much higher than Xinming Pharmaceutical. How could it become a subsidiary of Xinming Pharmaceutical?
Fu Liang asked," If we have another new drug that is destined to be popular in the market, will the company's valuation continue to increase? Will there be banks willing to take the initiative to lend?"”
As long as the bank assessed that you could repay the loan on time, they would definitely lend you a loan. The loan interest was the main source of income for the bank.
"Another new drug? Fu Liang, have you forgotten how long it takes to develop the drug? Just the clinical practice alone will take at least two years!"
The first phase of the clinical trial tested the safety and tolerance of the human body. The second phase tested the safety and basic efficacy. The third phase was basically an expanded sample test for the second phase.
Some drugs even required four phases of clinical trials after they were launched.
Usually, it would take about two years for the third stage of clinical trials to end. It would be too late!
"We can buy the prescription directly from other pharmaceutical companies.”Fu Liang looked at everyone seriously." Buy the prescriptions that they gave up after the second phase of clinical trials.”
A huge question mark appeared on everyone's head. What was the use of buying it?
If the second phase of clinical trials was abandoned, it meant that the research and development of this drug had failed.
If it was successful, others would definitely proceed to the third phase of clinical trials.
There was no way to use it even if he bought it. Indeed, many things could be turned into treasures, but he had never heard of a medicine that could turn waste into treasure!
"Fu Liang, are you telling a joke to everyone?" Zhao Jingtian laughed in anger. They were in a meeting now, and it was related to the company's operation, or even its survival!”
Fu Liang shook his head. Many drugs failed because the proportion of some ingredients was wrong.”
"It's just like the scar removal cream that I developed previously. I adjusted some of the ingredients and turned it into a medicine to treat hair loss.”
"The Viagra developed by Pfizer was initially determined to be a failed product. In the end, just by adjusting the direction of its effect, it brought tens of billions of dollars in profits to Pfizer.”
"Why don't we try? If he succeeded, the company would be able to turn the situation around and retain the greatest benefits. If it failed, it would just be some abandoned prescriptions from other companies. It wouldn't cost much.”
"And I'm very confident that I'll succeed. Dad, do you believe me?”
Fu Xinming looked at his son and nodded."I trust you. Then I'll buy two formulas for you to study first.”
The other directors were speechless.
Were the father and son overly confident?
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