Chapter 759 FNM19 New Drug

"Those companies are so insidious. When they saw our financial problems, they joined forces to deal with us!"

"Ouch! Doing business is like fighting!"

Ren Dayuan secretly thought it was a pity!

"Director Ren, we should not be researching cancer drugs. If we had invested 600 million in the past three years, we would not be in the current situation!"

Ren Dayuan made this decision before because he found that most people cannot afford imported cancer drugs.

Because of this, he will ignore everyone's protests and must develop anti-tumor drugs that belong to the big agricultural country!

In the past three years, Kanghua Pharmaceutical has spent almost all the money it earned on developing targeted cancer drugs!

Huakang Pharmaceutical occupies more than half of the country's market share. It is not difficult at all to open a research institute!

But in recent years, many antibiotic companies have emerged and compete with each other, greatly reducing their sales!

Now, their sales are less than 10%!

Coupled with the current plummeting income, their cash flow has reached its limit!

And their competitors also knew about this, and they lowered their prices one after another, pushing their companies to a dead end and taking away Huakang Pharmaceutical's share!

Immediately afterwards, Kanghua Pharmaceutical CEO Ren Dayuan convened a high-level meeting.

The following decisions have been made!

1. Find investors and sell the shares of Huakang Pharmaceutical!

2. Mortgage the fixed assets in the factory, and then borrow money from the bank to pay back all the money you owe!

3. Discuss with several other companies and ask them to stop engaging in price wars!

All departments of Kanghua Pharmaceutical are working intensively!

But right now!

Ren Dayuan received feedback from various departments!

In the past two days, people from the marketing department have contacted thousands of companies to get more projects. Even the marketing director only managed to get two million!

This little money is completely useless!

As for mortgages, many banks refuse them flatly because they still have a lot of debt to pay off and these people don't want to take risks!

In the past two days, I haven't borrowed a penny!

Other competitors simply ignored Huakang Pharmaceutical!

If Huakang Pharmaceutical goes bankrupt, their profits will increase by 5%!

Ren Dayuan has no choice, because their company is likely to go bankrupt!

Three years ago, when he first started doing cancer research.

To show his determination, he had given up smoking for many years and kept a pack of cigarettes in his drawer.

He hesitated, took out a cigarette, and lit it!

As soon as he took a breath, he started coughing!

After not smoking for three years, he suddenly had an attack and his body was rebelling!

Ren Dayuan took a few breaths and felt that the surrounding environment was getting better and better, and there was a feeling of déjà vu!

He suddenly realized that quitting smoking was not an easy task, it could happen in a matter of seconds!

Ren Dayuan didn't even finish a cigarette, he flicked the cigarette as if he was breathing!

Cigarettes are indeed good. The nicotine contained in them can quickly produce a sense of numbness and make people forget their worries in a short time!

Just when Ren Dayuan was immersed in this tranquility!

There was a knock on his door!

Ren Dayuan quickly pressed the cigarette butt to the ground, threw it into the trash can, and then opened the car window!

He looked like a smoking child.

Then, he yelled toward the door!

"Enter!"

At this moment, the door was pushed open, and Song Zhe pushed it over with a smile on his face.

"Congratulations to Director Ren!"

Without the interference of tobacco, Ren Dayuan's irritability struck again!

But in front of Song Zhe, he asked with a forced smile!

"Director Song is here, please take a seat!"

As soon as Song Zhe sat down, he screamed excitedly.

"Director Ren, we have found a new new drug FNM-19. This time the data shows that the new drug FNM-19 is very effective..."

However, after Ren Dayuan learned about this incident, he was not excited at all!

However, he did not stop Song Zhe's explanation.

"Director Ren, I think we are confident in developing a new type of targeted drug, which is more effective than drugs from beautiful nationalities!"

As Song Zhe said, he saw Ren Dayuan looking calm and relaxed!

It's no wonder that Ren Dayuan is very interested in his laboratory, and he will come here no matter what time!

Even if he makes a small discovery in the laboratory, he will be ecstatic!

But now, Ren Dayuan's expression was surprisingly calm, which made Song Zhe feel that something was wrong!

"Did you smoke?"

There was a hint of embarrassment on Ren Dayuan's face. Back then, he promised Song Zhe that he would develop cancer drugs before he could give him an explanation!

However, he was only halfway through sucking it when he bumped into Song Zhe!

Under normal circumstances, Ren Dayuan attaches great importance to his credibility.

This time, he broke his promise and abandoned the research institute for Kanghua Pharmaceutical!

"General Manager Song, I have something bad to tell you. Our Kanghua Pharmaceutical is going bankrupt!"

"collapse?"

Song Zhe was shocked. In his impression, Huakang Pharmaceutical was a very large company and could not go bankrupt.

It suddenly occurred to him that Liu Li told him the day before yesterday that his company was going bankrupt, and he still couldn't believe it.

Now, hearing what Ren Dayuan said, Huang Xiaolong could only believe it!

"Director Ren, where is our research laboratory?"

Ren Dayuan sighed and said: "Huakang Group no longer has enough funds to continue research!"

"But now we have a new drug called FNM-19. In up to a year, we can develop the country's own new anti-tumor drug!"

"General Engineer Song, I understand what you mean, but our company currently does not have enough funds to support our research!"

Song Zhe still refused to give up and desperately wanted to get more benefits. Only then did he realize that Ren Dayuan was really at his wits' end!

"General Manager Song, please go home and sort things out first, and then think of a solution. In one week, our company will declare bankruptcy."

Song Zhe left the president's office with extreme disappointment.

This is the first time in his life that he has been so close, yet so far away!

Just as he was about to return to his laboratory, a phone call came. He turned out to be a roommate in the same dormitory!

"Old Song, have you made up your mind about coming to work with us?"

Four days have passed!

Mr. Huang got the approval for new drug development!

In the past few days, the director has been negotiating with the head of the review department!

That's why they're interested in it.

When they found out the number of imported cancer drugs, everyone was shocked!

The sales volume of anti-tumor drugs in the agricultural country alone is nearly 100 billion! (End of chapter)