Chapter 2607: Hitting Hurts

Chapter 2403: Hit if it hurts

The stock market is a bottomless pit. Every day, people scream or cry here, and many people commit suicide for this.

Originally, the capital game is not something that ordinary people should play. If it is a hobby, it doesn't matter. Why don't you just go with the flow? Just make a living and run away.

As a result, there are so many professionals for no reason. They regard themselves as stock gods and professionals, and they want to buy at the bottom and play a big wave at any time. The result is that there is no recovery.

Since ancient times, people who have fallen into desperate situations are basically greedy, of course, except for natural disasters and man-made disasters.

Professionals, plus a huge and scary capital chain. This movement is naturally not ordinary.

By the time the senior management of Pfizer became alert, the stock price had reached a level that they could not control.

Jack stared at the Nasdaq market with a gloomy face, and the little flame in his heart was burning "thumping".

He has experienced the game and mergers between large companies, but they are usually between peers. But which peer dares to take action against them now? He really can't figure it out.

In fact, the development of pharmaceutical companies is a history of research and development of new drugs and special medicines. For example, Pfizer's rise is based on new drugs.

In 1849, a pair of cousins ​​from Germany, Charles Pfizer and Charles Erhart, took $2,500 in start-up capital and founded Charles Pfizer in a two-story red brick house in Brooklyn, New York.

Among them, cousin Charles Pfizer is a chemist and cousin Charles Erhart is a candy merchant. In its early days, Pfizer was a chemical company whose main business was the production of chemical products. Its main products were iodine, tartaric acid and boric acid.

At that time, due to eating habits and other reasons, Americans suffered from intestinal parasites. The commonly used anthelmintic santonin, although effective, tasted very bitter.

As a candy merchant, Charles Erhart keenly sensed the huge demand in the field of anthelmintics. After repeated experiments, he finally chose to mix almond toffee with Sandowan, trying to improve the taste of Sandowan with the sweetness of candy.

This transformation was a huge success and made Pfizer famous.

In fact, this is the tower sugar, which is still used in my country. Then, they seized the opportunity of the outbreak of the American Civil War in 1861. The army's demand for painkillers and preservatives increased, giving Pfizer its first important development opportunity.

During the war, Pfizer provided the Northern Army with a large amount of tartaric acid, iodine, morphine, chloroform and other products, and the company developed rapidly as the war progressed. In 1868, Pfizer's revenue doubled compared to before the war, and its production line expanded significantly.

Then there was the production and research and development of a series of drugs such as penicillin and oxytetracycline, which made full use of the opportunities of World War I and World War II.

The law of the jungle was fully exerted on the rise of this company.

That is, research and develop what can be developed, and if you can't develop, go to acquire companies with formulas. For example, Pfizer spent $90 billion to buy Warner Lambert, which was the largest acquisition at the time.

Through this deal, Pfizer brought the lipid-lowering drug Lipitor under its wing.

In fact, it is because this is one of the best-selling prescription drugs in the pharmaceutical industry and the first drug in the history of medicine to exceed $10 billion in sales. Lipitor alone contributed 20% of Pfizer's revenue, helping Pfizer become the first in the United States and the second in the world.

Then came the 21st century. Pfizer, which seemed to be going smoothly, faced many severe challenges. The company's research and development was in a state of disrepair, and its revenue was declining.

What's worse is that the patent of the "cash cow" Lipitor will expire in March 2010, and the drug's revenue may drop by 40% at that time.

So Pfizer took a fancy to Pharmacia's arthritis drugs Celebrex (celecoxib) and Bextra (vodecoxib). In 2003, Pfizer acquired Pharmacia for $60 billion.

Because high-dose use of celecoxib may increase the risk of heart disease and stroke, celecoxib did not become Pfizer's second Lipitor.

Without internal growth capabilities, Pfizer continued to rely on external mergers and acquisitions for development. Its former competitor Wyeth came into its sight.

In 2008, Wyeth's antidepressant drug Enoxa and gastrointestinal drug pantoprazole had sales of $3.9 billion and $2.7 billion respectively. The world's best-selling vaccine "Prevnar" and prescription drug "Enbrel" are also its products.

On January 26, 2009, Pfizer acquired its peer Wyeth in a stock plus cash deal to enter the biopharmaceutical field and became the world's number one pharmaceutical company.

At that time, Pfizer and Wyeth had sales of $48.3 billion and $23 billion respectively. After acquiring Wyeth, Pfizer transformed from a chemical drug giant to a biopharmaceutical giant, making up for the lessons it had fallen behind for nearly 20 years.

In fact, capital is like this. No matter how high-sounding the slogans it promotes to the outside world are, it cannot change its predatory nature.

Facing such a company, Ye Feng would naturally be ruthless.

Whether Jack reported this matter to the board of directors or not, the bigwigs on the board of directors soon knew about it.

Although there are professional managers, the bosses may not care about other things, but they will not care about shrinking money.

In the face of interests, even the mother and father are useless, let alone a hired manager.

So, Jack was called to the board of directors and asked to explain what happened.

No one is a fool. Although he may be targeted at any time because he is fat, he will never do it for no reason. The cause of the incident is definitely related to this manager.

Jack was confused and at a loss in the face of the bosses' doubts. He wanted to explain that he was impotent when dating a woman and took a few more Viagra pills.

It's true that he acted in a high-profile manner, but he didn't seem to have any enemies with anyone? So, he didn't think this matter had anything to do with him.

After sorting out all the companies in Europe and the United States, everyone was confused, but no company had this motive? The key is to harm others without benefiting oneself.

Although the stock of Pfizer was suppressed, no one was found to buy it in large quantities? It seems that it was all retail investors who were tossing there.

At this time, the chairman suddenly received a call from Ye Feng, and the words were very simple:

"Mr. Charles, I am Ye Feng from a brother company. I have acquired 30% of your company's shares. I think we need to talk."

Charles was stunned. He didn't remember who Ye Feng was at first? Then he thought about the brother company in front of him and was stunned.

After a long pause, Charles asked with difficulty:

"Mr. Ye Feng, your company doesn't seem to have any pharmaceutical-related industries? Why do you do this?"

Ye Feng said directly: "Jack went to Junken City to show off his power. This is the price you should pay! If you think it's not enough, I can continue."

It's the end of the month, please swipe the money, please

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