When Chris Grayling heard the terms of exchange, he was stunned for a moment, and then he was ecstatic.
In terms of clinical drug use, antibiotics are definitely the biggest and are widely used. And because they are prescription drugs, the profits are quite high.
Clarithromycin can be used not only for upper and lower respiratory tract infections caused by sensitive bacteria, such as tonsillitis, pharyngitis, sinusitis, bronchitis, pneumonia, etc., but also for skin and soft tissue infections, furuncle, erysipelas, folliculitis, wound infections, etc.
It can also be used for genitourinary tract infections caused by Chlamydia trachomatis or Ureaplasma urealyticum, atypical mycobacterial infections in AIDS patients, etc.
Therefore, the financial prospects are very broad.
According to the agreement reached by both parties, patent royalties account for 4.2% of sales. Over the next few years, the patent fees alone may reach hundreds of millions of dollars.
Now, by exchanging a hospital worth 500 million Hong Kong dollars for an antibiotic drug patent, GlaxoSmithKline has made a huge profit.
"Mr. Chen, your proposal is very good. I am willing to accept it, hehe."
"Chris Grayling, you should see our sincerity now, right? But I also have a few requests. First, your sales of clarithromycin are limited to Europe and cannot enter other regions.
Second, I want a complete Margaret Hospital. You must leave all the equipment and medical staff to us. You can even leave the money currently in the hospital account untouched. Can you do that?"
Chris Grayling nodded repeatedly. "No problem. We are allies, and everything can be discussed. We are also willing to fund your Tripartite Laboratory. We hope to see results soon and win the Nobel Prize in Medicine soon."
In this way, Chen Xia got a comprehensive hospital ranked third in Hong Kong without spending a penny, and all he paid was a patent for an antibiotic.
This made him appear calm on the surface, but he was simply crazy with joy inside.
After Chris Grayling and the others left, Chen Shuqin looked at her nephew with an unhappy expression.
"Xiao Xia, do you know how to do business? How can you just give away a patent so easily? Wouldn't we lose a lot if we did that?"
Chen Xia quickly explained in a flattering manner: "Auntie, on the surface, it seems that we have lost money in this exchange, but can we come up with 500 million yuan in transfer fees now?"
Well, Pumpkin Vine Pharmaceutical Company does not have so much cash in its account now. Although "Caiyunzhinan Jewelry Store" and "666 Weitai" have been making money, they cannot withstand the large investment of Yuezhou Pharmaceutical Factory.
Now, let alone 500 million, we can’t even come up with 100 million.
Chen Xia continued to comfort:
“Although clarithromycin is also an antibiotic, it is not a true broad-spectrum antibacterial drug. Don’t forget the ceftriaxone and cefuroxime that I am having people research in the Minglu Laboratory. These two drugs are the most promising antibiotics in the future.
We traded a non-mainstream antibacterial drug for a complete hospital and the friendship of an international pharmaceutical giant. In the long run, we didn't lose out."
After hearing her nephew's explanation, Chen Shuqin felt relieved.
Yes, there must be a mysterious laboratory behind this guy, otherwise how could he have so many drug patents to apply for?
Put it this way, it seems that there is really not much difference between taking one less medicine and taking one more medicine.
"But Xiaoxia, how are we going to manage Margaret Hospital after we acquire it? I have no experience in this area."
Hearing his aunt's concerns, Chen Xia smiled and shook his head:
"That's easy. Just poach the hospital director. Find out which hospital in Hong Kong has the best management director, and then poach him. It's all about money. Our offer is more than double that of other hospitals, so someone will definitely take it."
According to the current salary level, the director of Hong Kong's largest hospital, Hong Kong Sanatorium and Hospital, only earns HK$400,000 to HK$500,000 a year. If Pumpkin Vine is willing to offer HK$1 million, who wouldn't be tempted?
Why do people become deans? Is it for love? For dedication? Come on, it's all for the money.
An annual salary of HK$1 million seems high, but it is just the price of an ordinary ice bracelet. In exchange for a dean with rich management experience, it is really getting something for nothing.
Chen Shuqin was stunned for a moment, "Is this okay?"
"Why not? Don't forget that Margaret Hospital is the third-ranked hospital in Hong Kong. It's not some fake hospital. We should have this confidence. Then we just need to manage the finances and the procurement of medicines and equipment.
Margaret Hospital now has a management team. If these people are willing to stay and are capable, we don't need to recruit any more people. We can just maintain the status quo for the time being."
Chen Xia has no experience in business, but he knows a lot about hospital management.
Just like domestic public hospitals, the directors are often replaced, but there will not be internal unrest when a director is replaced.
If a hospital lacks a director, will the doctors stop treating patients? Will the equipment stop functioning? Will the outpatient and inpatient departments all shut down?
The truth is, every department in the hospital operates according to procedures and maintains itself. The hospital's rules and regulations are there, so isn't it enough to just follow them? Why does the director need to issue orders or supervise?
The hospital director only provides clinical services and his role is not that significant. This is why the presence of hospital directors in foreign hospitals is not that high.
Of course, as for the deans in China, well, they are everywhere. Dean Gu, for example, has an administrative level, but to put it bluntly, he is more of an official.
A good hospital director will not mess around. He will only think about how to introduce talents, build departments, improve business level, and strive to make his hospital a technically authoritative hospital.
Only an amateur or incompetent dean will start his job with three major changes: personnel management, elimination of dissidents, and office struggles. He also likes to organize departmental evaluations, hospital-wide development, and other such empty gimmicks.
Of course, it would be better if a dean is an academic leader and has authority in some area, but this possibility is actually not very high.
With daily administrative duties, endless meetings, and endless rounds of welcoming and seeing off guests, how could a director like him have the time to settle down and focus on clinical practice? I'm afraid he wouldn't even have time to see outpatients.
Chen Xia handed over the specific negotiations and selection of the dean to his aunt, who was the general manager and the executor.
Chen Xia has been busy with the affairs of the China-UK-Hong Kong Tripartite Laboratory in the past few days. Now the laboratory will have doctors from England, Australia, Hong Kong and China, making it truly international.
Originally, Zhijiang Medical College wanted to set up the laboratory in Lin'an, but Chen Xia insisted on placing it in Yuezhou People's Hospital.
Nonsense! This international key laboratory, destined to produce a Nobel Prize in Medicine, will be world-famous in the future. How could it possibly let others take advantage of it?
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