"This is very important and urgent."
“According to what you told me, Zheng Li has mastered the method for large-scale production of endorphins. If only clinical trials are needed, the timeframe will be as short as three months and as long as six months.”
"That means you will start the second round of venture capital in three months, and when the second round of venture capital comes in, you will have to clean up your staff."
"To be honest, I would find it very difficult to figure out these issues in three months."
“As my daughter, I don’t actually expect you to be very successful. I don’t have the kind of mentality that I’m a professor and my daughter should at least have a profession with a similar social status. In today’s popular terms, I just hope that my children won’t experience a downward social mobility.”
"I never wished for that. I only wished for you to live a happy and joyful life."
Li Miaomiao was born and attended university in Jiangcheng. This was her first time traveling far from home, and hearing her father's heartfelt words, her eyes welled up with tears.
"Thank you for your understanding and support, Dad. You have always been a good father in my heart."
Li Xulin waved his hand and said, "Don't act like a little girl. It's just going to Suzhou, not that far. I'll come to see you when I have time."
"Many of the professors in our department have children who are abroad and don't come back; that's truly tragic."
I have always loved Su Shi's poem about bathing a baby:
Everyone raises children hoping they will be intelligent, but I have been misled by my own intelligence all my life.
I only wish my child were foolish and dull, so that he might reach the ranks of high officials without any calamity or hardship.
"Since you want to go out and make your own way, I have no choice but to support you."
"Failure is nothing; it just wastes time."
"If you succeed, you must control your mindset. Your position depends on Zheng Li, because Zheng Li has no talent, so he asked you to help him."
“If Zheng Li asks you to leave in the future, you should be prepared and must be aware of potential crises.”
"The plan I've made for you is two paths. If the business is successful, you can get second and third rounds of venture capital, or even go public. Then next year you can balance your studies and work."
"You need to get at least a bachelor's degree. Jiangcheng University is just a place to graduate from, it's not difficult, and I'll help you with that."
"I'll work for a few more years and then get an MBA."
"If the business doesn't succeed, I can just come back and continue my studies."
Li Miaomiao nodded in agreement.
As if remembering something, Li Xulin said, "I told you that there was something very important I forgot to tell you."
"When you bring in venture capital later, you must bring in state-owned capital. You must tell Zheng Li this. This is very important. Remember this!"
Li Miaomiao was a little confused: "Didn't you tell me before that domestic investment institutions are unwilling to invest in the biopharmaceutical industry?"
The biopharmaceutical industry has high investment costs and the returns are completely unknown, so most domestic private capital is unwilling to invest, let alone state-owned capital.
Most of the domestic capital that invests in the biopharmaceutical industry is because the companies themselves are biopharmaceutical companies. They invest mainly because they need to build up their technology reserves or talent pool.
Li Xulin nodded and said, "Under normal circumstances, domestic investment institutions are unwilling to invest in the biopharmaceutical industry."
"But your science and technology innovation is different. Its returns are very clear, and its products have a wide range of applications. It can be said to be a sure-fire investment business."
Zheng Li named his company Kechuang Biotechnology Co., Ltd., which means "scientific creation," and it fits the monk's aesthetic perfectly.
Li Miaomiao said, "But Dad, in my plan, we should try to bring in as much international capital as possible so that we can use these international capital channels to open the door to the European and American markets."
“For things like Amerex’s clinical trials and FDA approvals, if Goldman Sachs were involved, everything would go much more smoothly.”
Li Xulin nodded: "That's right, your idea is correct and makes sense."
"You need international capital to help you open up the European and American markets, and that's a valid idea."
"What I'm saying is that you need to introduce state-owned capital, not that you shouldn't introduce international capital."
“You missed a crucial point: the artificial synthesis pathway for endorphins was discovered by Zheng Li in his laboratory at Jiangcheng University.”
"What about the industrial-scale production pathway for endorphins? Was it also discovered in the laboratory of Jiangcheng University? Does Jiangcheng University have a stake in this patent?"
Li Miaomiao said coquettishly, "Dad, it's obvious that Zheng Li discovered this on his own, and you know that too."
Li Xulin waved his hand and said, "I am very clear that the paper was published in Nature, and as the second author, I only helped to modify the paper's format."
"From the initial idea to the experiment and the writing of the paper, Zheng Li handled everything. The artificial synthesis of endorphins was entirely his achievement."
The question is, will other people think the same way?
"Based solely on the artificial synthesis of endorphins, Kechuang Bio's market value will not be less than 10 billion yuan. If, as Zheng Li said, endorphins are indeed less addictive and have better analgesic properties than morphine, then Kechuang Bio's valuation can be compared to Changchun High & New Technology Industries Group, which would be a market value of hundreds of billions of yuan."
"You know the consequences of a child carrying gold through a busy market; Lei Jun can't protect it."
"If the artificially synthesized endorphins were produced after Zheng Li dropped out of school and started his business, and if it wasn't publicized extensively, then it would be unrealistic for others to try to seize them by trickery."
"But you have such a big flaw that the best way to avoid what I'm talking about is to introduce state-owned capital."
"Give up some profits to ensure that you keep control of the company."
Li Miaomiao felt a chill run down her spine after hearing this. If Li Xulin hadn't reminded her, she believed that neither she nor Zheng Li would have ever thought of this.
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