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Home > Comedy > Extraordinary Genius > Chapter 691

Chapter 691

Words:1653Update:22/06/30 10:01:21

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Pfizer was one of the world's top pharmaceutical companies. Although it was not the biggest company in the world, it was comparable to the rest of the companies. Pfizer was established in the middle of the last century. At first, it was a small chemical company. Then, it entered the chemical pharmaceutical industry. During the Civil War, it made a fortune and became one of the biggest chemical pharmaceutical companies in the US.

After that, antibiotics were discovered, and Pfizer entered the antibiotic manufacturing industry. It became one of the pioneers in fermentation technology and made the company stronger.

World War II broke out. Because Pfizer was able to provide cheap penicillin, it became the biggest supplier of penicillin to the US army.

After that, the company developed the broad-spectrum antibiotic oxytetracycline, and then tetracycline, piroxicam, etc. brought high profits to Pfizer.

It was worth mentioning that most of Hua Xia's oxytetracycline and tetracycline were produced by Pfizer. Because tetracycline was cheap and effective, it was widely used. This resulted in the birth of a batch of … … tetracycline teeth!

After Pfizer discovered the benefits of developing new drugs, they invested a large amount of money into it. The direction of their research was the most popular drugs in the market.

For example, blood pressure drugs, cholesterol drugs, rheumatoid drugs, analgesics, anti-inflammatory drugs, and the world's leading antibiotic drugs. Of course, this also included some anti-cancer drugs.

Pfizer's results were also very good. They kept introducing new drugs, and every new drug brought high profits to the company.

Pfizer was one of the top pharmaceutical companies in the world because they had many patents for their drugs. Within the protection period of the drugs, they could bring in high profits. Even after the protection period, they still had the most advanced production methods, and they could still sell their drugs at a higher price.

Coupled with the effectiveness of their brand, they would still be able to make a steady stream of profits from these drugs.

Now, this Mr. Feng wants to buy their patented drugs? How is this possible? Since when did Pfizer sell their patented drugs? Unless the patent protection period was about to expire, then there was a slight possibility.

"Mr Feng, I cannot agree to this. This is because the patented drugs are the company's most important asset." Victor said hesitantly.

Feng Yu had an unhappy look on his face: "Isn't asset supposed to be sold for money? You still have not heard my offer. How do you know that the company will not agree? Besides, haven't you guys sold patented formulas before? "

Feng Yu's words were crude, but they were reasonable. The purpose of developing those drug formulas and applying for patents was to create wealth, not to benefit the patients as they claimed. If they could sell it for a high price now, it would not be bad.

But now, the drugs developed by the company are all drugs that the company thinks will be in high demand in the market. How can they sell the patented formula?

But if I can't sell it, maybe I can authorize it? If he could come up with a sky-high licensing fee, perhaps the company would give him a lot of rewards. Money was secondary. It was more important for him to be transferred back to the United States and reunite with his family.

"We haven't sold the patented formula, but we have authorized other companies to produce it. If Mr. Feng wants the patent authorization, then we can still talk about it. "Victor said slyly.

Patent authorization? F * ck, isn't that the money we earned? Most of it was taken away by you guys. Bing City Pharmaceutical Enterprise also has its own R&D laboratory, and they have lots of professional researchers. There was no need to buy the authorization from Bing City Pharmaceutical Enterprise.

Feng Yu was interested in a drug that Pfizer was developing. It was a drug with "side effects" that was more effective than the original research direction. Viagra!

This was a new drug developed by Pfizer. The purpose of this drug was to treat angina, prevent blood clots, suppress high blood pressure, etc. But after it was developed, they found out that the effects of this drug were disappointing.

It could be said to be a complete failure. This kind of medicine with little effect would not have a market at all.

But Pfizer noticed that many of the clinical researchers had hidden this drug. Some of the more daring researchers had used this drug and found out about the "side effects" of this drug. This drug can make men get erections frequently.

So, the researchers decided to change the direction of their research and develop this drug as a treatment for erectile dysfunction. After the report was submitted, Pfizer conducted market research for almost 3 years.

It was only at the beginning of this year that they started the trials. They realized that the effects of this drug were miraculous. Basically, 80% of the people who used this drug experienced significant improvements.

There were similar drugs in the past, but all of them were injected, and the effects were not as good. Who would still be interested in giving themselves an injection before doing something?

Feng Yu had sent his men to contact Pfizer to see if they can buy this formula from them. But Pfizer was already in the midst of clinical trials. That means it was too late for him to buy this formula.

Pfizer was a world-class company, and it was impossible for them to buy the formula with just a little money. Although Feng Yu had asked his men to offer a high price, Pfizer still did not agree. Their attitude was the same as Victor. If this drug was launched in the market, they will authorize the authorization to use the patent, but they will not sell the formula.

How can Feng Yu be satisfied with the authorization to use the patent? He wanted more. He wanted to own this drug. But now, it was very difficult for him to do this. Feng Yu could only set up a trap.

"Victor, do you think I am someone who will pay authorization fees to others? I want to buy some formulas for treating diseases. I am not picky, and I am sure you will be satisfied with the price. " I am sure you will be satisfied with the price. "Feng Yu said.

Feng Yu only knew that Sildenafil was a type of PDE5 inhibitor. In his previous life, there was more than one type of Sildenafil. There were at least two similar drugs. Feng Yu only needs to buy the formula of the PDE5 inhibitor, and it will be easy for him to research on it.

With the formula, Feng Yu could guarantee that Bing City Pharmaceutical Enterprise's drugs would be launched earlier than Pfizer. This was because Hua Xia's regulations were not as strict as the US. Bing City Pharmaceutical Enterprise will be the world's number one drug manufacturer, and their sales will be higher than other companies.

Victor heard what Feng Yu said and was tempted. Even semi-finished products? Does that mean he can sell the company's failed formulas to him?

This Feng Yu was so rich. If he could sell some semi-finished products to him and lower the company's R&D costs, he would be credited.

With this credit, he should be able to apply for a transfer back to the US.

"Mr Feng, if semi-finished products are also fine, I can help you ask around."

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