Zheng Qiying knew that Park Jin Hyuk was not a person who cared only about money. For the sake of his reputation, he would sometimes put making money second.
Zheng Qiying further said:
“If DS is willing, the government can help from raw material procurement to export.”
"You mean purchasing raw materials through the government and selling them through the government?"
"Yes."
"In that case, does the trademark have to be changed to Korean as well?"
"That's not what I mean. The government's starting point is to provide services to businesses."
However, Park Jin Hyuk had no intention of cooperating with the government, but he also did not want to offend Zheng Qiying in person, so he smiled and said:
"I understand what you mean. Let's discuss this carefully and then give you an answer."
"Thanks."
Up to now, Zheng Qiying has only talked about his own hopes and demands.
Park Jin Hyuk turned to Ambassador Green and said:
"I want to hear what the US demands are."
"Our request is simple: 50 million doses of vaccine should be supplied as a priority."
"50 million doses? That's a lot less than what Vice President Buchanan requested last time."
"At that time, we were talking about the total demand, which could be divided into batches. The first batch required 50 million doses, and we would be given priority. These were our two demands."
Park Jin Hyuk replied:
“50 million doses is fine, but prioritizing the supply of 50 million doses probably won’t work.”
"Why?"
"Because the top priority is definitely South Korea."
As he spoke, Park Jin Hyuk glanced at Jung Ki Young.
This is definitely what Zheng Qiying wanted to hear. He felt that Park Jin Hyuk would do this, but it was never confirmed. Today, in front of the American ambassador, Park Jin Hyuk gave a positive answer.
Ambassador Green said:
"I understand that you consider South Korea first, but as far as I know, South Korea needs 50 million doses, right? Can you give us the remaining 50 million doses?"
“If the remaining 50 million doses are given to the United States, what will happen to other countries?”
Ambassador Green said with a smile:
"I know you'll say that, so I have an idea... Can you transfer the production rights to us?"
"Production rights? That... I'm afraid not."
"Your company can't produce so many vaccines at once. This method can solve the problem of insufficient production capacity and prevent us from taking away all the remaining quantities. Wouldn't you be able to take care of other countries as well?"
"...In that case, how can the interests of DS be protected?"
Ambassador Green said:
"I think you are also aware that the number of infections in the United States now exceeds 50,000 per day..."
There are reports that the number reported to the public is 50,000, but the actual number has reached 100,000 or even 200,000.
But Park Jin Hyuk did not refute, but nodded.
"Therefore, we need to get the vaccine to the market as quickly as possible without further delay."
"Okay, let me be clear. What can your country give to DS?"
"Let me be frank. As long as DS Pharmaceuticals submits an application, our government will coordinate with the FDA to license the vaccine."
Park Jin Hyuk looked at Ambassador Green and did not answer, so Ambassador Green continued:
"Also... for vaccine licensing applications submitted by other pharmaceutical companies, we will implement the most stringent review procedures and try to delay approval as much as possible. As far as I know, some pharmaceutical companies have also entered the clinical trial stage. If the results are normal, it is impossible to refuse approval. What we can do is to extend the approval time as much as possible... I estimate that DS Pharmaceuticals can ensure its market monopoly for at least 6 to 12 months."
"…Anything else?"
Ambassador Green said:
"I'll tell you all our ideas. We can build a production plant and hand it over to DS Pharmaceuticals for management. The products will only be distributed within the United States."
Park Jin Hyuk stared at Ambassador Green without making any comment.
Even though the United States has given all the conditions, he still feels it is not enough.
The South Korean government can ignore the immediate gains and losses because it is confident that it can get back its investment in the future.
But it is different for the United States. It must get what it wants when the other party needs it, otherwise there will be no chance in the future.
Park Jin Hyuk said:
"Is there any more?"
"Isn't that enough? I've already laid out our conditions."
"I think there's a lot more the United States can do."
After hearing this, even Zheng Qiying couldn't sit still.
Ambassador Green put away his smile.
"Aren't you going a bit too far? We've shown enough sincerity, can't you see that?"
"You didn't offer all your conditions."
"Does DS still plan to do business with the United States? If the vaccine deal fails, do you think DS can still gain a foothold in the United States? As far as I know, you also own American companies, right?"
"Why do you sound like a threat to me? If the United States does that, DS will not provide even a single dose of vaccine to the United States."
The conversation between the two was obviously tense, and Zheng Qiying on the side became even more uneasy.
Park Jin Hyuk showed no sign of backing down:
"In that case, don't blame me for cooperating with your country's next government."
"What?"
"Is your party confident of winning this election? Can I not engage with the next government? What do you think, Chief Zheng?"
Zheng Qiying was stunned by Park Jin Hyuk's sudden question.
Ambassador Green was also a little surprised:
"Have you been in contact with them?"
"No, they did come to me, but I didn't respond."
Ambassador Green lowered his head and thought for a moment, then said:
"...How about this? You transfer the production rights to an American company, and then we're willing to coordinate with you to buy it out."
Park Jin Hyuk finally heard a plan that satisfied him.
But he remained calm and said:
"As far as I know, there are many restrictions on mergers of pharmaceutical companies in the United States."
"But there are always exceptions to everything."
"In other words, the merger you mentioned is an exception?"
“Yes, the government will push the Federal Trade Commission to specifically approve your company’s merger.”
A smile appeared on Park Jin Hyuk's face.
Ambassador Green continued:
"This means that the production rights are back in your hands, and DS BioLogics has successfully entered the US market."
"I understand what this means, but mergers and acquisitions are a very complex project, especially mergers and acquisitions of pharmaceutical companies, which require a lot of work."
"Don't worry, the US government will coordinate. If you don't have enough funds, we can also introduce you to financial investors."
Entering the American market is what Park Jin Hyuk has always dreamed of.
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