This is different from the price of 500,000 francs, equivalent to 10,000 US dollars, which can get the Chinese general agent of Reit Pharmaceutical Factory from France.
This time, Shen Yutang sent the American Jack Will back to the United States not simply to obtain the Chinese agency rights of a certain pharmaceutical company.
American pharmaceutical companies have high investment value, and there is no need to worry about the pharmaceutical companies being destroyed in the flames of war in the future.
In addition, in a few months, Europe will be mired in the quagmire of all-out war, and the demand for sulfa drugs will increase significantly.
In addition, many pharmaceutical factories in Europe would be destroyed in the war.
As demand increases and supply decreases, the price of sulfa drugs in Europe will rise to a sky-high level.
This, in turn, gave American pharmaceutical companies that manufactured sulfa drugs an opportunity to make a lot of money in Europe.
Shen Yutang chose this time to buy a pharmaceutical factory in the United States, which must be more cost-effective than obtaining the agency rights.
You should know that the agency rights are just the pharmaceutical company's promise to sell them a certain amount of sulfonamide at a wholesale price.
This does not mean that demand has increased. After the price rises, merchants who have obtained the agency rights will not be subject to wholesale price increases.
Only if Shen Yutang owned a pharmaceutical factory of her own, she would be able to obtain sulfanilamide at a low price if war broke out in Europe in the future and the price of sulfanilamide rose.
If we increase production at that time, we can make more money.
We know that war in Europe will inevitably break out in the future.
Shen Yutang's order to Jack Will was to return to the United States and do everything possible to acquire a pharmaceutical factory.
Even if it costs a bit high now, the value of this pharmaceutical company will naturally increase greatly in the future when the European war breaks out!
And some things just happen to happen. When Jack Will went to the United States, he planned to buy a pharmaceutical factory at a high price for Shen Yutang.
An American pharmaceutical factory called "Winslock" was in trouble because a batch of sulfonamide raw materials failed to meet the standards.
This batch of imported sulfa drugs caused the deaths of thousands of patients in the United States!
Recall of this batch of sulfonamides with problematic raw materials and compensation for the deceased patients.
This put the Winslock Pharmaceutical Factory at risk of a broken capital chain.
The entire pharmaceutical factory was on the verge of bankruptcy.
Coupled with the penalties from the U.S. drug regulatory authorities and the attacks from its peers, the pharmaceutical company's situation has become even more precarious.
Unable to pay wages, employees of the pharmaceutical factory started to strike again.
The owner of the "Winslock" pharmaceutical factory just wanted to sell the factory at a low price.
The American brokerage firm hired by Jack Will soon discovered the difficulties of Winsrock Pharmaceuticals in the pharmaceutical industry.
Under the operation of the brokerage company's powerful network of contacts.
The owner of the pharmaceutical factory agreed to meet with Jack Will to hear his offer to acquire the "Winslock" Pharmaceutical Factory.
When Jack Will came to Shanghai, in order to ensure the survival of his family, he was not only able to endure hardships, but was also a very smart and tactful person.
After learning from the brokerage company about the difficulties faced by the owner of this pharmaceutical factory.
He knew that this was a great opportunity to acquire the pharmaceutical factory at a low price.
After finally meeting with the owner of the "Winslock" pharmaceutical factory, Jack Will did not show any eagerness to buy the pharmaceutical factory.
Instead, he pretended to be a rich kid who bought a pharmaceutical factory for fun.
He only promised to help the pharmaceutical factory owner and pay the fines imposed by the drug regulatory authorities and the money owed to others for several months.
As for the pharmaceutical factory owner, Jack Will was only willing to give him 20,000 US dollars so that he could leave with a decent amount of money.
The pharmaceutical factory owner was very nervous when he saw Jack Will's attitude of not wanting to buy the product.
If he fails to pay the $50,000 fine from the drug regulatory authorities on time, his pharmaceutical factory will be seized and sold.
Not only would he not get any money, he might even be thrown into jail.
For him, $20,000 is indeed not enough to live a life without worries about food and clothing.
But getting 20,000 people is better than having nothing and being thrown into jail.
Finally, when Jack Will stood up and pretended to leave, the owner of the pharmaceutical factory quickly agreed to the acquisition plan.
In the end, Jack Will paid a fine of 50,000 US dollars, more than 20,000 US dollars in salary, and 20,000 US dollars to the owner of the pharmaceutical factory.
In total, he spent less than $100,000 to buy the Winslock Pharmaceutical Company.
He didn't even receive one-fifth of the US$500,000 that Shen Yutang gave him.
After completing all the equity transaction procedures, the major shareholder of this pharmaceutical company is nominally Jack Will, but the actual owner is Shen Yutang himself.
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