Rebirth of Hong Kong 1981

For a long time, there has been a saying in the United States, "In the United States, making medicine is making patents."

From the perspective of pharmaceutical companies, new drug research and development is a high-investment and high-risk industry.

So, it has to earn super high returns.

In capitalist countries, capital monopoly is very common. Only monopoly can reap huge profits, and only with huge returns can pharmaceutical companies increase research on new drugs.

Therefore, American pharmaceutical companies are very keen to extend the period of drug patent protection.

The patent protection system of the United States is quite controversial in later generations. On the one hand, the United States has obtained a lot of money from patents, and on the other hand, many countries and patients hate it because of patent protection.

Especially in terms of medicines, all kinds of imported high-priced medicines in later generations, the value of the medicines themselves is very low.

The sky-high price of medicine is not due to the cost of the medicine, but to the patent. The same medicine sells for tens of thousands in the United States, but the generic medicine at Brother Ah San’s family only costs tens, hundreds, or hundreds of times. the difference.

Just because of a patent protection.

Chapter 713 Perfect Medical System

Whitehead's reminder made old Jack frown. The government intends to promote the domestic pharmaceutical industry to develop into a large company. He had heard some rumors earlier.

It is a matter of self-interest, and no one will ignore it.

And he also knew that the company's second largest shareholder wanted to gain control of the company precisely for this reason.

Because only after gaining control of the company can we decide which way the company should go next.

Since the government intends to promote it, there are only two ways for Shire to go, one is to merge with other pharmaceutical companies, and the other is to wait for it to be merged by other pharmaceutical companies.

Whether the two are merged or merged, there are great benefits to be gained in the middle.

Since the old Jack is the founder of the company and has increased his status as a shareholder, and directly controls the research laboratory, he has great prestige within the company, so he has been able to support it until now, and has not been conspired by the second largest shareholder.

Whitehead, as a Wall Street elite, is the one who understands the high-level decision-making of the government best. Since the other party said so, it means that it is the general trend now.

Although old Jack is getting old, he has no problem with his mind. He still knows the principle of not advancing or retreating.

If Shire continues to remain unchanged, sooner or later it will be surpassed by the pharmaceutical companies around it. Once a large interest group is formed, the interests of small and medium-sized enterprises will be compressed to the extreme.

At that time, the loss of power will be minor, and the company may have to be acquired by outsiders.

Old Jack was silent for a while, and then said: "Heite, I understand what you mean, I will seriously consider this matter when I go back, and maybe I need to trouble you at that time."

After the listing of Orange Technology, Goldman Sachs can be said to have reaped a reputation. Even in the United States, a country full of financial investment banks, few companies can be found.

In recent years, many foreign companies have launched a wave of investment in the US market. After this battle, those foreign-funded companies that want to list in the US, needless to say, will definitely think of Goldman Sachs immediately.

Goldman Sachs became famous in the first battle, and Whitehead, a senior partner of Goldman Sachs, naturally followed suit.

Seeing that old Jack's face softened, Whitehead finally let go of his worries, and quickly said: "Uncle, your business is my business. If you need it, you can contact me at any time."

"However, I think uncle, if you intend to expand the size of the Shire Company, then don't forget the big money maker who is sitting next to you now."

"Press?" Old Jack was taken aback for a moment, then followed Whitehead's gaze, and saw Yang Chen drinking in silence, as if he didn't hear the conversation between the two, and didn't answer.

After Whitehead's reminder, Old Jack quickly understood what it meant, and the way he looked at Yang Chen was a little different.

Seeing that Yang Chen didn't respond, Whitehead continued: "As far as I know, Yang has already invested in many American pharmaceutical companies, including several well-known pharmaceutical companies. The stocks he holds have already It is enough to enter the board of directors and participate in the shareholder decision-making meeting."

"If uncle wants to raise money, he can do it internally first. I think Yang will definitely not reduce the shares he holds, and even increase the shares in his hands."

Whitehead's tone of voice was very certain, obviously he was sure that Yang Chen would not give up Shire Pharmaceutical Company.

"Cough cough" Hearing this, Yang Chen glared at Whitehead angrily, and said in a somewhat sarcastic tone, "Whitehead, you're enough of a Wall Street elite, and you're going to change your job to learn to be a priest right?"

Whitehead didn't try to defend himself, and said directly, "Yang, if you don't tell me, I also know that your purpose of investing in so many pharmaceutical companies in the United States is not to hold shares or participate in the company's internal management."

"Your goal is in Asia, not the United States. It can be said that there is no conflict of interest between you and your uncle. In this case, why can't you cooperate further?"

Yang Chen didn't answer, because what the other party said was correct, he bought shares in American pharmaceutical companies, and he didn't think about controlling them, or participating in their internal management.

Of course, even if he wanted to, the U.S. government would not allow foreign investors to take control of a relatively well-known pharmaceutical company like Shire.

The medical system is related to the life and health of the American people. Letting foreign-funded enterprises control it is tantamount to handing over the life and health of hundreds of millions of American people to outsiders.

For Americans, this is absolutely not allowed to happen.

The United States has always emphasized how open and free it is in its external propaganda. However, in fact, the protection of some sensitive industries and companies by the United States is unmatched by any country in the world.

Later generations of the United States often use the words "endangering national security" to impose various restrictions on foreign businessmen, which can be said to be unfavorable.

The United States is now preparing to vigorously promote the domestic pharmaceutical industry, and naturally will not allow its own pharmaceutical companies to be controlled by foreign capital.

Yang Chen became a shareholder of many pharmaceutical companies in the United States. Apart from waiting for the stocks of these pharmaceutical companies to appreciate, the other is to take this opportunity to obtain the medical achievements of the companies he has invested in.

Compared with the mature and stable pharmaceutical market in the United States, which greatly promotes drug research and development, Asia is in a developing state, and there are generally various problems in the pharmaceutical industry.

The development of medicines requires a lot of time and money, and a large number of research and development personnel are also required.

Cultivating a pharmaceutical R&D team does not happen overnight.

Although Asia accounts for nearly two-thirds of the world's population, its pharmaceutical industry really cannot be compared with that of the United States.

The United States is a highly developed country with a large population and a complete medical insurance system, which provides American pharmaceutical companies with the market they need.

With lucrative market returns, U.S. pharmaceutical companies can increase research and development efforts. This virtuous circle is lacking in most Asian countries.

Later generations, the United States is the most successful country in implementing a free pricing system. The price of medicine is mainly determined by the overall trend of market supply and demand.

The pricing mechanism in the United States has given pharmaceutical companies greater autonomy in pricing, especially companies with monopoly products, which basically enjoy monopoly pricing power.

The biggest advantage of this system is that it can effectively promote the speed and intensity of drug research and development.

Although later generations in the United States also have a lot of opposition to high drug prices, such voices have not caused too many social problems. This is mainly due to the relatively sound medical insurance system in the United States.

The United States has a mature medical insurance market, and the wide coverage of medical insurance reduces the proportion of patients' out-of-pocket expenses, which in turn reduces the sensitivity of the demand side to drug prices.

Chapter 714 Generic Drugs

Yang Chen is naturally willing to further cooperate with Old Jack. The expansion of Shire's company is also beneficial to him.

He took a stake in an American pharmaceutical company with only one purpose, which is to obtain the production patent authorization of the American pharmaceutical company.

He doesn't have so much energy to research and develop all the western medicines, and he doesn't have the spirit of not fearing death like the Indians of later generations. More than one billion people across the country are engaged in generic drugs.

Later generations of Western pharmaceutical companies have no way to deal with India, because their generic drug production is led by the government.

With a population of more than one billion and millions of death squads, no matter how powerful the global pharmaceutical companies are, they can't handle such a completely shameless country.