401. Chapter 398 The Ugliness of Foreign Capital



It’s not that Vice President Ji is a villain and is singing a different tune from Lin Sanqi. It’s just that his thinking is limited.

First of all, you can’t do business as an individual, right?

If you set up your own company and become a private boss, and then also serve as the vice president of a public institution, this is completely confusing.

China in 1961 did not allow such powerful red-top businessmen to exist.

Then according to this logic, Lin Sophora flavescens, Lin Gancao, Lin Eucommia ulmoides, and Lin Panax notoginseng, the four father and son, are all employees of the Chinese medicine hospital.

Even if it is a secret recipe passed down from your Lin family, you were still an employee of the Chinese medicine hospital when you were developing it. You cannot talk about personal interests, and everything must belong to the collective.

If you take this invention patent privately and then trade it with the country to get money, it would be worth being shot eight hundred times for such behavior.

Lin Sanqi is now the vice president and deputy secretary who enjoys the treatment of a full director. His position is already above Ji Qingju. Vice President Ji's rebuttal is actually a kind reminder.

Lin Sanqi motioned for everyone to sit down, and then told them his plan.

"Uncle Shen, Uncle Ji, let's not talk about this as public officials now. Let's talk about my plan privately. Do you think I'm right?"

After they sat down, Lin Sanqi looked at the four department heads, Bi Xinglong, Cai Chunhua, Yang Guang, and Fu Jinsheng, and gestured:

"You also sit down and listen to my plan. This is related to the national interest as well as our personal interests. Wife, you sit down too."

"I think the invention of tuberculosis medicine is a huge honor for the country and for us personally, the kind that will go down in history. Similarly, it also involves huge economic benefits.

"In our country alone, there are 10 to 20 million tuberculosis patients. Globally, there are hundreds of millions of tuberculosis patients. Even if only half of them can afford medication, have you ever thought about how huge the market for tuberculosis drugs would be?"

Everyone in the room was silent. The four department heads would definitely understand, after all, they had studied abroad and had experienced the capital market.

Dean Shen, Vice Dean Ji, and Pan Ye first thought about the development of my country's medical and health care industry, but hardly thought about making money, even though Lin Sanqi repeatedly emphasized that medicines could be exchanged for food.

Seeing that the leaders all looked bewildered, Lin Sanqi patiently continued to explain:

"So, from an economic perspective, the global market for tuberculosis drugs is worth at least tens of billions of dollars annually. Consider that our country's foreign exchange reserves are only a little over 40 million, and you can imagine how valuable this drug is.

But success and failure are both valuable. When such a valuable drug is released, it will immediately attract the attention of international investors. They will definitely do everything they can to obtain the patent for this drug and make a lot of money for themselves.

Vice President Ji didn't understand:

"If this drug is worth tens of billions of dollars, then the patent should be in the hands of the state. Otherwise, if you go against the whole world alone, how can your weak arms and legs stop it?"

Lin Sanqi sighed:

“That’s where the problem lies.

If the patent is in the hands of the state, then developed Western countries will simply act like hooligans. They will then steal our drugs and reverse engineer them. This process is very simple, and they can then ignore the patent and produce it themselves.”

At this time, Yang Guang, the director of the third ward, raised his hand:

"President Lin, aren't Western countries the most committed to the spirit of contract? If we hold the patent, how dare they copy it without our authorization? If we bring a lawsuit, they'll undoubtedly lose and face hefty fines."

Lin Sanqi smiled bitterly and said:

"Even if we sue, what will happen if the judge from a Western country stands high above us and shouts, 'Who are you, and why are you suing me?' How will you handle that?"

"this……"

"Western countries are capital-driven; whoever has the most money holds the final say. Their so-called free choice and patent protection are based on the relationships between a few financial groups or a few Western countries.

We are currently in a hostile relationship with them and haven't even established formal diplomatic relations. Do you think the judges in their country will favor their boss behind the scenes, or help our hostile country?

So they will definitely use a thousand reasons to deny your patent, then openly write their own name as the inventor of the patent, produce it, sell it, and make a fortune. In turn, they will accuse us of plagiarism in front of the world's media.

Oh, and by the way, foreign media are also controlled by capitalists. They own the judges, the TV stations, the newspapers, and the pharmaceutical companies. They have an integrated system. What can we use to fight them?

Yang Guang was stunned. He was just an international student, concentrating on studying at school, and had never really paid attention to the nature of Western countries.

"This, this is too scoundrel, right? We know that a gentleman should earn money in a proper way, but they are just robbing us outright."

Bi Xinglong sneered a few times: "They haven't robbed enough? Have you forgotten the Eight-Nation Alliance, the Treaty of Nanjing, and the Shanghai Concession from decades ago?"

Dean Shen knew Lin Sanqi's plan, so he didn't comment.

Vice President Ji understood and asked:

"You mean, the patents for drugs invented in our country won't be recognized abroad, and they'll just counterfeit our patents and sell them directly on the market. Then we won't get any fame or profit, is that right?"

Lin Sanqi thought, let alone 1961, even decades later, European and American countries would do the same thing.

You want to sue? Go ahead.

If you sue someone in China, no one will bother to pay attention to you and won’t even respond to the lawsuit, leaving you to perform a solo show.

It would be even better if you could go abroad to sue them. They are at home and you are away. How can you fight?

Even if you insist on fighting the lawsuit to the end, the other party can still use their strong financial resources to drain you.

The federal courts, district courts, circuit courts, Supreme Court, appellate courts, etc. will fight you one level at a time.

This lawsuit will take several years, and the appeal costs and attorney fees will add up to tens or even hundreds of millions of dollars. Can you afford it?

Even if you can afford to wait, the judges and the government are your people. Even if you lose the lawsuit, they still have the administrative power to interfere with you. The government can issue a ban, and either you sell it or you can't sell it. What can you do?

If they are really pushed to the limit, they will stop you on the highway and say you are speeding. Then after a burst of gunfire, they will say you resisted and were shot dead on the spot. They don't even need to ask the underworld to intervene, the police can handle everything.

After listening to Lin Sanqi's talk about the nature of developed Western countries, everyone in the room looked horrified.

Pan Ye was anxious: "Then if we invent this medicine, not only will we not gain any credit, but it will also put our lives in danger? Then why invent it?"

Lin Sanqi smiled and said, "We can also ignore what's happening abroad and just focus on our own domestic affairs."

Pan Ye was dissatisfied again: "Why should foreigners take away the medicine invented by our Lin family for free and make money?"

Dean Shen laughed and jokingly said, "Oh, it's only been a few days since we got married, and you're already talking about our Lin family?"

Pan Ye blushed and murmured softly, "Now I am Lin Panshi."

Lin Sanqi thought to herself, women of this era are really good, they have perfectly inherited the fine traditions, unlike the rise of feminism a few decades later, with so many women supporting their brothers.

Vice President Ji thought for a long time and felt that this was indeed a troublesome matter:

"Xiao Qi, if the patent is useless if it's handed over to the state, then if it's handed over to you personally, will you definitely be able to keep it?"

Everyone nodded slightly. Come to think of it, if they can't even protect such a big country, how can you, a young man with no money, no power and no influence, protect it?

Even if there is a smuggling group behind you, it is something that cannot be made public. How can you directly confront foreign capital or even foreign governments?

Seeing that the guidance was almost complete, Lin Sanqi stated his intentions:

"I plan to cooperate with the Capital Hospital of Traditional Chinese Medicine in China under the name of Xiangjiang Lingnantang Pharmaceutical Company. Xiangjiang Company will provide patents, funds, and anti-tuberculosis drugs.

Capital Hospital of Traditional Chinese Medicine provided patients and facilities, and the two parties conducted clinical cooperation to complete the fourth phase of clinical trials of the drug.

On the other hand, Lingnantang Xiangjiang Company transferred the patent to the domestic market free of charge, and all scientific research results and papers were shared by both parties.

Although Dean Shen knew the plan, he still had doubts in his mind.

"Xiao Qi, you also said that the Hong Kong Lingnantang Pharmaceutical Company is a shell company of yours. It's empty. A small Chinese medicine clinic with no political or business connections, how can you guarantee that Lingnantang can keep the drug patent?"

Lin Sanqi thought that he would produce more and more medicines and obtain more and more patents in the future, so Lingnantang must be preserved. (End of this chapter)

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