novelonline Chapter 1263 Win-Win
Chapter 1263 Win-Win
"China's pharmaceutical industry opened to the outside world earlier. As early as the 80s, foreign-funded pharmaceutical companies settled in the mainland. Over the years, the investment of global multinational pharmaceutical companies in China has continued to expand, and the competition is relatively sufficient. And according to the signing of the Chinese government According to the WTO agreement, starting from December [-] this year, Huaxia's pharmaceutical distribution field will be fully opened to the outside world, and foreign companies can engage in all business activities in Huaxia, including procurement, warehousing, transportation, retail and after-sales service. Therefore, many foreign companies Pharmaceutical companies have not only established new R&D centers in China, but also extended their tentacles to other fields of pharmaceutical products. According to my statistics, the top [-] pharmaceutical companies in the world, including Roche, Novartis, Bayer, Merck, etc., Now they have invested and set up factories in Huaxia to compete for China's pharmaceutical market." Angelina has obviously made full preparations in advance, and the data about Huaxia's pharmaceutical market is precious.
"Although this market is an attractive big cake, I think we have missed the opportunity to enter. If ten years ago, our Welf family could merge and reorganize these seven pharmaceutical companies into a large pharmaceutical company If the group company enters the Huaxia Pharmaceutical market, we will also be one of the people who will share the cake today." Angelina said.
"Angelina, there is no need to say such things in the future. The focus of the family business has never been on the pharmaceutical industry. I think you are very clear about this." Old Welf interjected, "And in the future, if It is said that there is no particularly good opportunity, and family capital will not enter the pharmaceutical industry on a large scale. Of course, eggs cannot be put in one basket, but they cannot be put in every basket."
"Yes!" Angelina bowed her head, "The focus of the family business is not on the pharmaceutical industry, and the markets of these seven pharmaceutical companies are mainly in the European market, and the share of overseas markets can be said to be pitifully small. So. I think the transfer of these drug patents to the Fang family, and restricting them to production and sales in China. The impact on the seven family pharmaceutical companies can be said to be negligible, but for our acquisition of the equity of Haiping Mining Company. It plays a vital role!"
"But the result of doing so is likely to anger other pharmaceutical companies." Louis said.
"So what if we get angry? The worst result is that we withdraw from the pharmaceutical industry, but when did we really enter the pharmaceutical industry?" Angelina asked, "If it is other industries, We Welf When has the family been afraid of competition?"
"Papa papa..." Old Welf applauded, "Angelina, well said, in other industries, if we can't even bear the anger of these pharmaceutical companies. Then these companies will come and go What's the use?"
"Father, I mean, will the families that control those pharmaceutical companies have any objections to us?" Louis was almost speechless.Of course, the anger of pharmaceutical companies can be ignored, but which successful multinational company does not have one or several wealthy families standing behind it?And these families often span several industries.
"Compared with the possible future profits, their opinions are not worthy of our attention!" Angelina said loudly, "If we say that we must consider their opinions in everything, then unless it is a new industry. Which industry? Let's not go in."
"In the emerging industry, don't our Welf family have any rivals? They don't care if we have any opinions." Old Welf said indifferently.Louis' face flushed a little.
"So, I think it is very worthwhile to give up the Huaxia Pharmaceutical market, which is almost non-existent for our family, in exchange for the opportunity to obtain equity in Haiping Mining Company!" Angelina said. "If it's a missed opportunity. Maybe we need to come up with something more in exchange."
On the highway back to the ancient city of Pingchuan, Fang Mingyuan was seriously flipping through the documents in his hand.From time to time, exchange views with Zheng Jiayi who is on the side.
"Mingyuan, do you think Patriarch Welf will agree to your proposal?" Zheng Jiayi said a little nervously.It was only at noon yesterday that she found out that Fang Mingyuan actually asked the Welf family to obtain the drug patent rights owned by the Welf family's pharmaceutical company.At that time, her first reaction was that Fang Mingyuan dug another big hole so quietly!It can be said that the Fang family has no foundation in the pharmaceutical industry, and Fang Mingyuan did not reveal the slightest word of mouth before.If there is anything to do with it, it is the hospitals in Tongyi, whether they are municipal or joint ventures, and the Fang family has a hand in them.
"Don't worry, Old Welf will definitely agree!" Fang Mingyuan said without raising his head.Angelina has already made the Welf family's attitude towards these pharmaceutical companies very clear. Even more than half of the information in his hands was provided by Angelina.For the Welf family, it was just a tasteless industry, and Fang Mingyuan didn't want the ownership of those companies, but just wanted the right to manufacture and sell their drug patents in China in exchange for the opportunity to acquire the equity of Haiping Mining Company , this kind of advantage is not harmful to the Welf family at all, it would be strange if the old Welf didn't take advantage of it.
"But... I still think we have lost money." Zheng Jiayi said.Transferring the equity of Haiping Mining Company, which is fully profitable, only gets back some drug patents with unknown prospects. The Fang family still needs to make a large investment, and it may even be a few years before they can make a profit. It's not a good deal, and it also means that Fang Mingyuan's workload will increase again.
"No loss, I plan to use them to make a deal with the country." Fang Mingyuan said lightly, "Don't tell the outside world." Of course he understands how deep the chaotic waters of the domestic pharmaceutical market are, even the Fang family If you enter it rashly, you may have to be mentally prepared to lose money for many years.However, this does not mean that these drug patents cannot be used!
"Ah?" Zheng Jiayi was stunned for a moment, and then suddenly realized, her pretty face immediately became brighter.That's right, why did I get into a dead end? I just thought that after obtaining the patent rights of these drugs, the Fang family would have to invest more, but I didn't expect that these drug patents could be resold in exchange for what the Fang family needed.
"Huh..." Fang Mingyuan let out a long breath, raised his head, and read all the documents again before meeting Old Welf.
From the beginning, he didn't intend to let the Fang family enter the medical field, but planned to exchange these drug patents for other things from the country.In today's Huaxia pharmaceutical industry, the market share of foreign-funded and private-funded enterprises is gradually expanding, and the growth rate is still accelerating.In 2000, state-owned pharmaceutical companies were able to occupy more than 60.00% of the domestic pharmaceutical market.With the full opening of the pharmaceutical distribution field in December this year, it is conceivable that those foreign-funded enterprises will definitely acquire domestic counterparts on a large scale, so as to avoid policy and regulation obstacles and save access costs. The purpose of marketing channels to expand their market share.
Although there are a large number of domestic pharmaceutical companies, most of them do not have core technologies and brands, and their products are mainly generic drugs. The market is flooded with a large number of generic drugs produced by different companies with the same drug effect, but there are very few self-developed and patented drugs.
Since the 90s of the last century, Huaxia has signed intellectual property protection agreements with the United States, the European Union, Japan and other countries. After joining the WTO, it is necessary to fully implement intellectual property protection. This makes Huaxia's pharmaceutical companies no longer as before. Unscrupulous drug imitation is facing huge market pressure and the living space that is constantly being squeezed by foreign patented drugs.
However, technological innovation and the development of new drugs are an unattainable dream for most pharmaceutical companies. The research and development of new drugs is a high-profit and high-risk matter. It costs tens of millions to develop a new drug. There is nothing surprising about US dollars or even hundreds of millions of dollars.As early as the end of the last century in the United States, pharmaceutical companies spent tens of billions of dollars on research and development of new drugs every year, and China's investment in more than ten years may not be equal to others for a year.Such a large investment, the risk of R&D failure, and even if the R&D is successful, the intellectual property rights cannot be fully guaranteed, which makes these domestic pharmaceutical companies have no motivation to develop new drugs.
Therefore, in the future Huaxia pharmaceutical market, the market share occupied by foreign-funded pharmaceutical companies will become larger and larger, which means that more and more state-owned pharmaceutical companies will become more and more difficult to operate, and some companies may even go bankrupt.And this result, for the country, is definitely not willing to see.Fang Mingyuan also does not want such a result. Although the domestic medical system determines the rise of medical expenses, the ex-factory price is cheaper, and the selling price can be cheaper after all. Some important medicines are monopolized by foreign pharmaceutical companies, which makes the country lose its pricing This is undoubtedly not conducive to the control of medical expenses.Many of the Fang family's industries are located in the country, and they employ tens of thousands of workers. If their medical care cannot be guaranteed even at a basic level, this does not take advantage of the stable production of the company.
Regarding this issue, he had actually considered it a long time ago, but there were no conditions, and Angelina just brought up the sleepy "pillow", so of course he couldn't let it go. (to be continued~^~)