Feng Yu had asked Bing City Pharmaceutical Group to report many of the medicines under their real names. Those medicines were either fake or had infringed Bing City Pharmaceutical Group's patents.
Research and development of medicines is very expensive. It might cost more than 1 billion to develop a medicine, and it will take a long time for clinical trials before it can be introduced to the market.
It will also cost a lot to promote the medicine. After that, the company will make profits from the patent protection period.
Pharmaceutical companies are also businesses, and their purpose is to make money. Admittedly, some medicines are not profitable, and they might even need to rely on the government's subsidies to make money. But those are the basic medicines that are in high demand.
These medicines are hateful. But what's more hateful is that the medicines produced by some pharmaceutical companies are not up to standard. Some of them do not even have the approval to produce these medicines.
Some medicines are supposed to be used to treat illnesses, but those who eat their medicines will fall sick.
They do not have advanced production equipment, and their bacteria control is not up to standard. There are also many chemical residues, which are harmful to the human body.
It's just like the "leather shoes" in Feng Yu's previous life. Many people want to beat those people up.
Feng Yu felt this is because the local authorities did not do enough checks, and many people are not doing their job. Although the inspection will take up a lot of manpower and resources, Feng Yu cannot accept not inspecting them and letting them get away with it.
From this day onwards, Hua Xia's pharmaceutical industry faces another round of crackdown. Many pharmacies involved in this incident were shut down. Some pharmacies were hoodwinked, but some were deliberately breaking the law!
It was bustling with activity, and people came and went.
One cannot go against their conscience to make money!
This time, Feng Yu had shut down many small pharmaceutical factories. A small pharmaceutical factory without any research and development capabilities and production equipment can earn more than many big pharmaceutical factories. Who will believe there are no problems with this?
Everyone buys medicines to treat illnesses or health benefits. But in the end, they fell sick and might even die from taking the medicines. How sad is this?
This time, the higher-ups also attached great importance to this matter. From top to bottom, they began to face this situation seriously, and even cancelled the production approval of many enterprises.
Although the local authorities are unhappy with this, for example, it will affect the tax revenue. But no one dares to say that the authorities should not be so strict.
In the eye of the storm, whoever stuck their head out would be doomed.
What's more, when they heard that this incident was caused by Feng Yu, no one had the confidence to wrestle with Feng Yu.
However, there was still some news appearing on the internet, saying that Feng Yu was suppressing their small pharmaceutical factory, saying that Feng Yu was blackmailing and suppressing his peers. There was even a lot of "evidence".
It could even be said that Feng Yu had always been like this. He had made his fortune by suppressing his peers, and it was the same for his company. Look at how many electronic manufacturers there used to be in China. How many are left now?
How many internet companies were there in the past? How many are left now? There were so many pharmaceutical companies in the country in the past. How many are left now?
Motorcycles, electric scooters, food, beverages … there were so many companies and brands in the country back then, but how many were left now? The leaders of these industries are all Feng Yu's companies. There are no problems here?
Not many people were willing to read real news, but there were many people who believed in fake news. Especially when this news was targeted at Feng Yu, and it sounded reasonable. Many people believed it and felt that Feng Yu was a capitalist and a bad person.
Some people knew that this was fake news, but they were still willing to read it. Some even recommended it to their friends for fun. Feng Yu's ability to distinguish between fake news and fake news was higher. But in the eyes of some people, these fake news were treated as real.
This time, Feng Yu had directly told Taihua Holdings's IT security team to find out the IP addresses of those spreading rumors and then report to the Police. They wanted to find out who was behind this!
Feng Yu admitted that many of his industries had become the top in the industry. But he was not the top in the industry in China. He was the top in the industry in the world!
For many industries, the domestic market was not the most important market. The overseas sales were much better.
Also, Feng Yu did not use any monopolistic means to push out his peers. If not, how can there be so many competitors in the industry? In the past, there were many competitors in the industry. This was because of the era.
At that time, many counties had all kinds of enterprises. For example, every county had a machinery factory, cotton factory, canning factory, timber factory, etc. These were all owned by the state.
At that time, the requirement was to be self-sufficient. This was decided by the government. But later, it was proven that this policy was wrong. The scale was too small and had no competitiveness.
After the market economy took over, those small factories closed down one by one. Many workers were transferred or even laid off to other industries.
Later, under Feng Yu's suggestion, the higher-ups started to refer to overseas companies. They felt that the bigger the scale of the company, the more competitive it will be in the international market.
Also, the local authorities cannot blindly launch some companies. They must have long-term plans and conditions.
Other countries had a few mountains of fruit trees, and it should not be a problem for them to set up a canning factory. You do not have these conditions, and you still want to set up a canning factory? You must buy all the fruits, and the processing cost will not be low. If the taste is not good, how can you sell the food? How can you make money?
Many companies had gone bankrupt, and it had nothing to do with Feng Yu. Even without Feng Yu, these companies could not survive. The factories did not have competitive products, and there were no long-term plans. The management of the factories were not capable enough. How can these factories survive and develop?
Feng Yu's companies were the industry leaders and had led the development of many companies. He had developed many popular and best-selling products all over the world. Shouldn't such an enterprise develop better?
Will it be the same as in the past? The Chinese market is flooded with all kinds of imported products, and many people's first reaction is to buy Japanese, US, or European products because the imported products are better. They feel that domestic products are only for the poor, and this is the right way to go.
Should it be the same as Feng Yu's previous life? Many local factories were acquired by foreign companies, and many people felt proud to work for those foreign companies, even if their income did not increase?
But this incident had spread rapidly on the internet, and Feng Yu was caught off guard. It was obvious someone was behind this, and the person was targeting Feng Yu.
Feng Yu does not understand why someone would target him. Was it because they were in the same industry, and that person's company was crushed by Feng Yu's company?
There seems to be a lot of news about Feng Yu recently, and all of them are negative and misleading.
Feng Yu must investigate this incident thoroughly. He must find out who the mastermind was!
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