I Can Extract Side Effects
Chapter 21

Are You Crazy? You Want to Discard the Prescription?

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"Before we discuss the terms of cooperation, I'd like to make one thing clear in advance."

Wei Kang swept his gaze around the room and spoke slowly, emphasizing every word.

"I'm sure everyone understands the value of this Broad-Spectrum Anti-Cancer Drug. Everyone sitting here is a friend; we have no fundamental conflict of interests, and there is ample room for mutually beneficial cooperation."

"So I must also tell you frankly: we will not sell this new drug's formula!"

"We won't sell it for any price!"

"Don't bother bringing up any intention to acquire either Sanqing Pharmaceutical or the formula."

"Sanqing may be a small pharmaceutical company with little money or influence, but since we were able to independently develop an anti-cancer drug at our lowest point, we will continue firmly down the path of independently developing new drugs in the future."

Upon hearing this, everyone showed disappointed expressions.

What they wanted most was to directly acquire the formula for the anti-cancer drug.

If they could not buy out the formula, they could even pay more to acquire the pharmaceutical company outright. That would still be a highly worthwhile deal.

Major pharmaceutical companies spent astronomical sums on new drug research every year, and it often took years to produce results.

For pharmaceutical giants like Pfizer, annual R&D investment often reached tens of billions of US dollars. Only high investment could yield high returns. Only by maintaining such investment could they continuously obtain new drugs and reap enormous profits.

Moreover, acquiring other pharmaceutical companies was often not a losing proposition.

They could buy a pharmaceutical company at a high price, repackage the formula, and launch it under the Pfizer brand.

The company's remaining resources—patents, factories, and so on—could then be bundled and sold off to recover some funds.

As for Sanqing's drug, its future overseas market alone was worth at least tens of billions of US dollars. Add in the domestic market, and several tens of billions was entirely possible.

Unfortunately, precisely because its efficacy was so good and its market so vast, Sanqing was not stupid. Naturally, it would not sell the formula.

Even with only limited development, once it reached the market, money would come pouring in.

If it were them, would they sell such a gold mine?

Once they understood this, they no longer held out much hope.

They nodded one after another to show their understanding, then looked to Wei Kang and waited for him to continue.

Wei Kang looked at their expressions, smiled faintly, and continued.

"The market for this new drug is extremely broad, but Sanqing is currently weak and small and cannot develop it alone. Therefore, we very much hope to cooperate with all of you and achieve a win-win outcome."

"If you are truly sincere, please provide a written report explaining your proposed method of cooperation and your advantages."

"Especially you multinational giants—report this to your headquarters and work out a cooperation model and price that will satisfy me as soon as possible."

"Oh, and you'd better provide written reports in both Chinese and English. We'll send you the report format later."

"When the time comes, we will select the best proposals among yours."

The domestic pharmaceutical companies nodded repeatedly. They were accustomed to this kind of bidding requirement and still harbored hopes of developing the domestic anti-cancer drug market together with Sanqing, so they immediately agreed.

The foreign pharmaceutical giants were stunned. They had not expected Sanqing to be so forceful, directly demanding Chinese and English written reports for a bidding process. They had always been the ones negotiating with other pharmaceutical companies this way and making others do such things.

They had never expected anyone to treat them like this in a place they considered severely backward in pharmaceutical manufacturing.

The representatives from the foreign pharmaceutical companies exchanged glances, but they had no choice. They could only grit their teeth and agree for now.

General Manager Wu watched Andre's disgruntled expression and secretly laughed to himself. Heh heh, did you think Sanqing would sell the formula to Pfizer? They weren't stupid. With such a tiny, shabby factory, developing the domestic market alone would be more than enough for them. Why would they even think about overseas markets?

Sanqing would probably only look at the foreign pharmaceutical giants' proposals for amusement. This Young President Wei had merely stumbled upon the new drug by blind luck. How could he possibly have the nerve to cooperate with Pfizer?

Sanqing's best choice was to cooperate with a major domestic pharmaceutical company, develop the domestic market together, and make money first.

Only a major pharmaceutical company like New Beauty would think of going abroad, expanding into overseas markets, and cooperating with Pfizer.

Once you hit a wall with Sanqing, you'll naturally recognize New Beauty's ambition and strength. You'll definitely sign a cooperation agreement with us. Heh heh.

General Manager Wu savored the thought happily, lifted his wineglass, and took a sip of red wine.

At that moment, Wei Kang spoke again.

He scratched his head and said somewhat embarrassedly, "Oh, right, I forgot to mention that the development process for this anti-cancer drug was full of twists and turns and extremely difficult. It had something in common with how Pfizer developed Viagra."

"Originally, we were trying to develop an anti-inflammatory drug, but the results were not ideal. We nearly discarded the formula entirely. But after investing so much money, we couldn't bear to simply throw it away, so we changed our line of thinking and switched research directions. That was how this new drug came into being."

"So we are also very interested in the abandoned drug formulas in your hands. We'd like to see whether the next formula might be able to repeat this process."

"In your cooperation proposal reports, be sure to include any abandoned drug formulas you can offer to Sanqing as a gift. This is also one of the mandatory conditions for cooperation."

"I know you are all powerful major pharmaceutical companies, investing hundreds of millions every year into new drug research. After all these years, I'm sure the abandoned formulas accumulated in your laboratories are quite considerable."

"Whether those formulas were abandoned after Phase I, Phase II, or even Phase III clinical trials, as long as they have passed toxicity testing, we want them all."

"But you must clearly label every possible side effect. The more detailed the data, the better."

"We will absolutely not consider any cooperation proposal that does not provide abandoned drug formulas."

After hearing this demand, the room immediately fell into a strange silence.

Everyone looked at Wei Kang as though he were an idiot.

However, they quickly realized something was off and immediately returned to normal expressions.

Yet an uncontrollable thought rose in everyone's mind.

Had President Wei gone mad?

You had stumbled into inventing a new drug by sheer luck—that was your ancestors' graves smoking—and you wanted to do it again?

You were dreaming big. Why didn't you just fly straight into the sky?

Could every drug have its R&D direction changed, reveal some miraculous side effect, and then become a bestselling wonder drug?

If new drug development could be done like that, laboratories at pharmaceutical companies around the world would have churned out new drugs by the truckload long ago.

There wouldn't be only the legend of Evanco, the one case where a side effect had been successfully turned into an approved use.

Which of the people present wasn't an expert who had spent twenty years clawing their way through the pharmaceutical industry?

If something like that were possible, would they not know about it?

President Wei looked like a shrewd man, so why was he being so wildly fanciful?

He really was too young. He had not been in the industry for long and still needed to suffer through the harsh realities of drug development.

He truly knew nothing about pharmaceutical R&D. He was taking things far too much for granted.

Sanqing Pharmaceutical's research capabilities were nothing special after all. Heh heh.

Though that was what everyone thought, none of them showed any unusual reaction. Instead, they all agreed readily.

Only General Manager Wu, upon hearing Wei Kang's request, spat out the wine in his mouth with a "Pfft," instantly staining the front of his shirt red.

He hurriedly rose and rushed to the restroom to clean himself up, concealing the awkwardness of the situation.

Yet he felt no displeasure at all. On the contrary, he was so delighted that he nearly laughed out loud.

Old Wei's foolish son truly wasn't cut out for research or running a major company.

He could even suggest collecting discarded prescriptions. Had he spent so long in the laboratory that his brain had gone bad?

Heh heh, this kid was nothing to worry about.

General Manager Wu's heart settled completely. He felt that Wei Kang was nothing remarkable and would surely never develop another new drug. He could only cling to the cancer drug he had developed by dumb luck and sell it until he was old.

A pharmaceutical company with only one bestselling drug and no ability to develop follow-up drugs could never grow into a pharmaceutical giant.

It could only sell that drug on the market for a few decades. Technology was advancing so quickly now that competitors could easily catch up. Once a more effective new drug emerged, the old wave would be smashed onto the beach by the new one, its market snatched away.

Especially once the patent expired, generic drugs would come flooding in. By then, that pharmaceutical company would have reached the end of the road.

Wei Kang looked at the barely concealed mockery in everyone's eyes and understood exactly what they were thinking.

But he did not care. In fact, he could not have wanted it more.

Very good. Since they looked down on him so much, they definitely would not overthink it. They would obediently send all the discarded prescriptions from their laboratories over.

His own company's discarded prescriptions were far too limited. He had accumulated a pile of points and was waiting to extract side effects to develop new formulas.

Didn't that mean he had to dig through the storerooms of all the major pharmaceutical companies?

After all, no one knew that he had a system.

This time, not only would he not lose out—he would make a killing.

End of Chapter
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