Chapter 64: Asder Pharmaceutical (50,000 words in five installments, subscription requested)
Linghui Company.
Chairman Wang Xiaotong shredded a document, his eyes bloodshot as he glared at the head of the medical research lab, Lu Yixin, and roared:
"Have you not yet figured out the composition and manufacturing process of the Tianyuan Hair Growth Liquid? What use is there in keeping you all, just eating without contributing? I provide you with all these sophisticated and expensive high-tech instruments, and this is how you repay me?"
Wang Xiaotong had reasons to be angry; before the release of Tianyuan Hair Growth Liquid, the hair growth products he represented held a 20% share in the Hua Country's hair loss market, making him filthy rich every year.
But after the launch of Tianyuan Hair Growth Liquid, especially following the public scandals and exposed fake video, the market share of Linghui Company completely collapsed.
Now, it's not to say that no one inquires, but the daily sales aren't even enough to maintain the cost of water and electricity for the factory.
Moreover, after the scandal was exposed, his company also faced enormous fines, sending the entire company to the brink of bankruptcy.
For this reason, Wang Xiaotong placed all his hopes on imitation.
As long as they could decipher the composition of the Tianyuan Hair Growth Liquid and successfully replicate it, there was a chance for Linghui Company to make a comeback.
Wang Xiaotong had also specifically checked that Tianyuan Daily Company had not registered any related patent for the formula.
As long as he could replicate it and register the patent himself, he could turn the tables, preventing Tianyuan Daily from producing it, thereby monopolizing the entire hair loss market in Hua Country.
However, as beautiful as the idea was, reality was brutally harsh.
The replication of the hair growth liquid was not successful yet, and with the company on the verge of collapse, Wang Xiaotong could no longer bear it, and he called people over to scold them wildly.
Lu Yixin, berated and humiliated, insisted resolutely, "Mr. Wang, we really have tried our best, but there is a very special substance in the Tianyuan Hair Growth Liquid—it's this substance that promotes hair growth, and we cannot decipher it."
"Mr. Wang."
There was another person in the office, who then stood out; his name was Liu Canlin, the general manager of Linghui Company.
"Mr. Wang, we have obtained relevant information. According to the intelligence provided by an informant we bought, the magic of Tianyuan Hair Growth Liquid mainly comes from a certain imported hair growth original fluid."
This imported hair growth original fluid comes from Chan Country's Mande Region, is always airfreighted into Hua Country, and is processed in strict secrecy by designated personnel, in which our informant couldn't get involved at all," said Liu Canlin, who, being this company's general manager and also holding shares, felt utterly devastated watching Linghui Company on the verge of closure, as his shares would soon become worthless.
Thus, in the matter of replicating Tianyuan Hair Growth Liquid, Liu Canlin did his utmost, contacting many channels for investigation; the idea of the Yafa Hair Growth Liquid was initially his as well.
"Hair growth original fluid, imported from Chan Country?"
Wang Xiaotong, like a drowning man clutching at a straw, quickly asked, "Is the information reliable? Can we import this hair growth original fluid?"
"It might be difficult. This hair growth original fluid is definitely confidential information of Tianyuan Daily, and it's likely a proprietary product. It's nearly impossible for us to interfere," Liu Canlin shook his head, sharing his speculation.
Wang Xiaotong slammed the table, shouting angrily, "I don't care if it's exclusive or not; even if it means stealing or robbing, we must get this hair growth original fluid. Once we decipher it, we can not only save Linghui Company but also gain a dominant position in the market."
Liu Canlin nodded and finally said, "You're right, Mr. Wang, we should try."
"It's not about should, we must," Wang Xiaotong huffed coldly.
Hmm.
It was at this moment that a popup for a corporate-level remote video conference came through on Wang Xiaotong's computer.
Wang Xiaotong glanced over, was immediately startled, quickly reined in his anger, and clicked on the video popup.
In the video, a blond blue-eyed Caucasian smoking a cigar appeared, who was the CEO of Asder Pharmaceutical, Polo Ben.
Asder Pharmaceutical is a listed pharmaceutical company in the United States and also a renowned multinational pharmaceutical corporation amongst the global top 500.
The company's main business encompasses pharmaceuticals, human vaccines, and animal health, with approximately 60,000 employees worldwide, 15,000 of whom are research and development staff.
"Mr. Polo, I am still dealing with the situation here. Please give me a little more time, and I will have a result for you shortly,"
Upon seeing Polo, Wang Xiaotong immediately became submissive in his tone.
In the video, Polo, who appeared to be about 60 years old, was dressed in a finely tailored suit and spoke calmly, "Wang, it's not that I am not giving you a chance, but you have truly disappointed me. I entrusted you with the agency of our products, and this is how you repay us?"
Wang Xiaotong's face faltered, the words feeling eerily familiar, but he dared not show his anger to Polo, only nodding and bowing continuously.
"Mr. Polo, our team has verified the effects of the Tianyuan Hair Growth Liquid you sent over. This product is simply too exaggerated, our products cannot compete with it, and now the Hua Country market is basically monopolized by this Tianyuan Hair Growth Liquid. We are truly at our wit's end,"
Wang Xiaotong laid out his difficulties and kept complaining in hopes of gaining some understanding.
"The Tianyuan Hair Growth Liquid you sent indeed has an astonishing efficacy. Our research staff, after various tests, still could not understand its production principle,"
Polo also expressed amazement when he mentioned this.
It's worth noting that modern technology is highly developed, and the components and principles of a drug can be easily analyzed once it is developed, with perhaps only the purity differing due to different production techniques.
Essentially, it is not difficult to replicate a drug and produce it.
The real reason pharmaceutical companies do not replicate is the existence of patent barriers.
Before a patent expires, everyone adheres to the rules of the game.
Of course, there are those who do not play by the rules, such as Brother Ah San's rampant generics.
However, even a multinational pharmaceutical corporation like Asder could not decipher the ingredients and principles of the Tianyuan Hair Growth Liquid, which perplexed and baffled them greatly.
"Yes, that's exactly our problem, but I have already found a solution,"
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Wang Xiaotong became excited and began to explain his next plan to Polo, "Mr. Polo, we discovered that the miraculous effects of the Tianyuan Hair Growth Liquid are all due to a hair growth original fluid that is effective. This hair growth original fluid originates from the Mande Region in Chan Country. We are preparing to go there to obtain the respective production formula, and we also hope Asder Company could provide some assistance, given our current shortage of manpower."
Polo squinted his eyes, listening to these words, exhaled a smoke ring, and his eyes briefly showed interest:
"I hear that Chan Country is quite chaotic. I can provide some military support from my side. As long as we can obtain the hair growth original fluid formula, we can collaborate on its development. With Asder Pharmaceutical's reputation, we can quickly monopolize the market."
For Asder Pharmaceutical, hair loss medications are just one of their many pharmaceutical products, constituting only a few billion US Dollars of the company's revenue—considered insignificant for the core of the company.
However, that was before the miraculous efficacy of the Tianyuan Hair Growth Liquid came to light, which became effective in a week, was affordable, free of side effects, and could potentially capture most patients with hair loss.
This is a massive market with hundreds of millions of patients and nearly a trillion US Dollars in market size.
Once seized, it could absolutely make Asder Pharmaceutical's market value multiply several times, and this was the real reason behind Polo's interest.
"Mr. Polo, with your words, I am reassured. In that small place, we can definitely get our hands on the hair growth original fluid formula,"
Wang Xiaotong was extremely excited and confidently made a promise.
"I look forward to hearing good news from you,"
Polo was noncommittal and hung up the phone.
Meanwhile, Wang Xiaotong, looking around at Liu Canlin and Lu Yixin in the office, waved his hand grandly, "Get ready immediately. We will depart for Chan Country to retrieve the formula and let our Linghui Company regain its peak."
Liu Canlin's eyes blazed with excitement, and Lu Yixin, not wanting to lose his job, agreed readily.