After leaving the DS headquarters building, Park Jin Hyuk and Mao Dayong came to the parking lot.
Mao Dayong opened the trunk of the car, took out the fishing rod from the box and handed it to Park Zhenhe.
"Chairman, please take a look."
Park Jin Hyuk took the fishing rod, looked at it and asked in a low voice:
“Where does the funding come from?”
"Japan."
"From Japan?"
"A Japanese pharmaceutical company provided funding to Han Cheng."
"Why would a Japanese company conduct this operation through Hancheng Pharmaceutical?"
"They're probably worried about not being able to pass the South Korean government's review, given the significant impact of Bidafel."
"Why are Japanese people interested in Bidafel?"
Park Jin Hyuk looked at Mao Dayong.
"There is currently no other way to deal with the epidemic. Bidafil is still effective against the Paris flu. So after seeing our production cuts, they contacted Novo Nordisk and promised to increase production."
"So Nos Pharmaceuticals agreed to them?"
"Yes, the demand for Bidafil is still very strong. Therefore, Novo Nordisk was dissatisfied with our production cuts. In addition, the Japanese company offered to bear the penalty for breach of contract, so they turned to cooperate with the Japanese company."
Park Jin Hyuk said with a smile:
"This is perfect. If it were to be transferred to a domestic company, I'd feel a little reluctant, especially since it's a foreign company, and a Japanese one at that."
"What do you think the next step is...?"
Park Jin Hyuk picked up the fishing rod and tried to swing it upwards a few times.
Nowadays, carbon fiber fishing rods are more commonly used by fishing enthusiasts.
However, some anglers still prefer the feel of old-fashioned rods, and these rods are rarer, so there is still demand for these bamboo rods.
This fishing rod is handmade by Chinese craftsmen using the finest bamboo materials, and its performance is no less than that of carbon fiber fishing rods.
The price of the fishing rod is very expensive, and you have to wait for several months before you can get the goods after placing an order.
Mao Dayong knew this production workshop in China, so Park Jin Hyuk asked him to customize a set.
After trying the feel of the fishing rod, Park Jin Hyuk felt very satisfied.
"Sign the contract immediately."
"Okay, besides, Commander Zheng is very anxious..."
Park Jin Hyuk put the fishing rod back into the box and said:
"Can't he wait a little longer?"
"The panic in the country has reached its peak. The death toll in Southeast Asia, especially India, has reached 1,000 per day."
"A thousand a day?"
"This is just a rough estimate, the actual number may be even higher than this."
"India has a large population base...it's entirely possible."
Park Jin Hyuk put his hands on his chest and lowered his head in thought.
The research and development of the vaccine has entered the Phase II clinical trial stage.
Since last week, Commander Zheng has requested that this news be announced to the public.
Faced with the growing panic in the country, if the government does not take further measures, unrest may occur, leading to society falling into anarchy.
Park Jin Hyuk raised his head.
"How about this: once the Bidafil contract is terminated, we'll immediately announce the vaccine development."
"If we release the news right after the termination of the contract, will it cause dissatisfaction among Han Cheng and Noshi Pharmaceuticals?"
Because it is obvious that a useless burden was thrown to Hancheng Pharmaceutical and the Japanese company behind it.
"There's no way around it. After the termination announcement, DS BioLogics' stock price will definitely be severely impacted. After all, production cuts and contract termination are different in nature."
Running a business is not charity, so it is normal to make such a decision.
"When we make the public announcement, we also explain that we will use the liquidated damages for vaccine development. We will not put the money into our pockets, but will use it to accelerate vaccine development. This way, our justification will be even more compelling."
"Well, developing vaccines is for the benefit of all mankind. Novo Nordisk Pharmaceuticals can't say anything. I'll make the arrangements right away."
Park Jin Hyuk nodded, then turned and walked towards his car.
Before getting on the bus, he turned around and said:
"Please carve my name on the fishing rod and send it to the company."
"knew."
"Now that we have the fishing rod, we just have to wait for the big fish to bite."
"yes."
Mao Dayong replied with a smile.
Park Jin Hyuk waved to him and got into the car.
*** *** ***
Inside Park Jin Hyuk's apartment, the news commentator's voice can be heard from the TV.
"Today, I heard some exciting news. DS Pharmaceuticals has begun developing a vaccine for the mutated Paris flu, and it has entered the Phase II clinical trial stage. Could you please quickly share the details?"
"Okay, now DS Pharmaceuticals..."
Just one hour after the news was released, it had already spread throughout South Korea and overseas.
When other pharmaceutical companies were just starting vaccine research and development, DS Pharmaceuticals had already reached the Phase II clinical trial stage.
These days, South Korea's composite stock index has fallen 40%.
Usually a 10% drop can be considered an adjustment, a 20% drop can be called a bear market, and a 40% drop can be described as a panic.
Due to Park Jin Hyuk's large purchases, DS BioLogics' stock price once rose to RMB (about 106 yuan) per share.
After the outbreak of the epidemic again, the decline in the biopharmaceutical sector was relatively small.
However, after DS BioLogics announced that it would give up the production and sales rights of Bidaphil, its stock price plummeted to RMB 74 per share.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
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