Chapter 86 Plans for increasing production capacity in the future



Park Jin Hyuk looked at them and said:

"Please don't worry, we will definitely inform you after we have discussed it."

"Director Mao, please contact us! Please! Please!"

The three men seemed unable to fully believe Park Jin Hyuk and kept pleading with Mao Dayong.

Mao Dayong just nodded.

The one who wanted to invest wasn't DS Pharmaceuticals, but Park Jin Hyuk himself, so he couldn't say much.

At this time, Park Jin Hyuk had already walked towards the door of the restaurant. He hurriedly chased after him, wanting to ask Park Jin Hyuk what he was thinking.

Park Jin Hyuk walked out of the restaurant and said to Kim Jun Woo:

"Immediately investigate the situation at North Pharmaceuticals. Also, notify Seoul and have everyone responsible for managing my assets come to the United States immediately, bringing lawyers and accountants with them. Now!"

"Yes! Got it."

"Manager Park, are you sure you want to invest?"

Mao Dayong asked from the side.

As Park Jin Hyuk walked, he pulled Mao Dayong to his side.

In a voice that only he could hear, he said seriously:

"I've decided to invest. This is something only you know. The question now is what conditions I can use to obtain as much equity as possible. They may come to you, but you have to pretend to be unaware. Also, please discuss the production of North's new drug with President Shi Zhengwan."

"They haven't even gotten FDA approval yet, and you're going to produce their new drug?"

"Precisely because we haven't received FDA approval yet, we have this opportunity, and we must seize it. Remember Pfizer's terms? As long as we have relevant performance, they will entrust us with production. So this is a win-win situation."

Mao Dayong stared at Park Jin Hyuk.

Park Jin Hyuk continued to pull him and said:

"As for North Pharmaceuticals, you can't tell them about my investment yet. At the same time, you have to let them know that I'm interested. Do you understand what I mean?"

"I see what you mean."

"That's good. Since coming to the United States, I feel that we have cooperated very well. What do you think?"

"Now I'm gradually finding the feeling."

"Yes, as long as you find the right direction, it won't be difficult. Before, it was like you didn't understand the season and wore inappropriate clothes. Now you know what the weather is like, so you can put on the right clothes and get to work."

Park Jin Hyuk put his arm around Mao Dayong's shoulder and walked forward while talking.

Sure enough, the next day, people from North Pharmaceuticals started contacting Mao Dayong.

Hearing that DS Pharmaceuticals had not yet made a decision, they kept explaining to Mao Dayong on the phone the advantages of their products.

Mao Dayong listened to their explanations patiently, and then gave affirmation to their products and efforts from time to time, while telling the other party that DS Pharmaceuticals was stepping up discussions.

At the same time, Jin Junyu launched an investigation into North Pharmaceuticals through personnel sent to Austria by DS Group.

I went directly to see North Pharmaceuticals' office location and investigated North Pharmaceuticals' reputation within the industry.

Then the investigation results were reported to Jin Junyu.

The people at North Pharmaceuticals don't know yet that DS is secretly investigating their situation.

Since the three people had not received a clear answer, they went directly to the Marriott Hotel where DS was staying.

In the hotel lobby, Werner met Park Jin Hyuk who came down for dinner.

"Mr. Werner, we're still discussing it. As you know, deciding on an investment is not easy."

"Can you tell us when you can expect an answer?"

"Let's meet and talk tomorrow."

As if seeing hope, Werner took out a stack of information and said:

"Please take a look at these materials."

Those were all the experimental results obtained by North Pharmaceuticals before the Phase 3 clinical trial was interrupted.

They have never made this information public.

Now, their funds have been completely used up, including the first and second rounds of angel investment and bank loans, and Park Jin Hyuk has become their last straw.

"This information represents all of our research results and has never been made public. I hope you can take a look at it and give us a satisfactory answer tomorrow!"

Karin added.

Park Jin Hyuk took the information, made an appointment with them to meet tomorrow morning, and then walked out of the hotel lobby.

He handed the information to Mao Dayong.

"I can't understand these things. I'd better ask you to confirm it."

Then, he said to Shi Zhengwan next to him:

"What is BioLogics' annual production capacity?"

"If we include the second plant under construction, the annual production capacity can reach 200,000 liters."

"If we get the orders from North and Pfizer, there won't be any problems with production, right?"

"No problem."

"After you return, please prepare for production immediately."

"Immediately? But... the conclusion has not yet been reached."

"There will be a conclusion soon."

"Yes, I understand."

Since learning that Park Jin Hyuk was very concerned about the development of BioLogcis, Shi Zhengwan seemed to have become a different person.

He knew that Park Jin Hyuk led his team to the United States to participate in the exhibition mainly to break the operational difficulties faced by BioLogics.

Therefore, he was extremely active at the exhibition, constantly running around to promote DS Pharmaceuticals and BioLogics.

Park Jin Hyuk said to Shi Zhengwan:

"You also need to consider increasing production capacity in the future."

"Increase production capacity?"

Mao Dayong, who was reading some information, raised his head when he heard this.

Park Jin Hyuk looked at the two of them and said in a serious tone:

"The Pfizer contract you showed me earlier has an annual production capacity of 50,000 liters, right?"

"Yes."

After several rounds of negotiations, DS Pharmaceuticals and Pfizer signed a preliminary letter of intent for commissioned production.

Of course, the prerequisite is that before starting the production of Pfizer drugs, you must have experience in producing FDA-approved drugs.

But so far, DS Pharmaceuticals has no experience in this area. The products it previously produced were all sold in South Korea and did not require FDA certification.

"If North Pharmaceuticals gets FDA approval, what's the projected production volume? Pfizer's demand is only for domestic sales in South Korea. So, North Pharmaceuticals' demand is estimated to be several hundred thousand liters, right?"

"If we get FDA approval, then there won't be any problems getting sales approval in other countries. If we sell it worldwide... the demand will be huge."

"President Mao, then make preparations based on this estimate. I believe you chose to come to DS Pharmaceuticals because you wanted to make a big splash. Don't forget your original intention. Please continue to maintain your original enthusiasm. I will always support you."

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