Chapter 125: Lord Pei's Dream
After the official business is done, the personal friendship between the two families must also be maintained. So, that night, Pei Pei took advantage of the landlord's friendship and invited Charles and his brother Jimmy to the apartment for a delicious dinner.
After seeing off Charles and his younger brother Jimmy at the end of dinner, Pei Pei has to report to her father on the results of the day's negotiations.
The phone was quickly dialed, and Pei Pei recounted the process and final result of the negotiation during the day to her father.
After listening to the report on the results of his daughter, Li Chenghua asked his daughter with a smile: "Pei Pei, you tell Daddy honestly, have you considered listing your company in the future?" β
There is no need to play tricks with your own father, so Pei Pei replied very frankly: "Daddy, your daughter and I have invested so much energy and money, not for a small fight. Ever since I studied Chinese medicine from my master, I have always had a dreamββ"
She paused, and her tone involuntarily became heavy: "The medical community of Lao Mei prohibits the spread of Chinese medicine!" He even slandered Chinese medicine as a witch doctor's superstition! So, I've always wanted to change that! I hope that the master will be able to hang the signboard of 'Peng's Chinese Medicine Hall' on the door in his lifetime, instead of hanging a signboard of 'Acupuncture Hall' in his lifetime! I want to make the medical circles in Europe and the United States no longer dare to say that traditional Chinese medicine is a superstitious doctrine without science and theory! I want the white world of the future to worship and tout the medicine and medical skills from the ancient country of Yan and Huang! β
"Girl, you're challenging the entire white medical community!" Li Chenghua said earnestly.
Pei Pei smiled slyly and walked to the window with her mobile phone in her hand. Looking at the street lamp outside the window, she replied softly: "Daddy, don't worry, your daughter and I are not so capable of resisting the entire white medical community!" I know the road is tortuous, but I can't bear your daughter, I can go astray! The health supplement market in Europe and the United States does not have as many rules and regulations as their prescription drug market. Therefore, my bias is to use the health care product market to leverage the entire pharmaceutical field. β
Li Chenghua laughed "hehe", after laughing. He commented on his daughter's thoughts: "Yes, the supervision and management of the health care product market in Laomei is relative to the supervision and management of their prescription drug market. Be much more lenient! It's wise for you to think and plan like that. However, I would like to remind you that it is said that in the second half of this year or starting next year, the federal Congress may urge the 'US Food and Drug Administration (FDA) to tighten its supervision and regulation of the health supplement industry. β
For a long time, the public has been mistaken that the U.S. nutraceutical market is subject to the same strict supervision by the U.S. Food and Drug Administration (FDA) as their drug market. But that's not the case!
Under federal law of 1994, unlike prescription drugs, nutraceuticals do not need to go through a rigorous approval process to prove safety and efficacy before they are placed on the market. The U.S. Food and Drug Administration (FDA) simply requires health supplement manufacturers to confirm that their products are safe and that the ingredients on the labels are accurate. Essentially. It's just that each company is required to be strictly self-disciplined.
Therefore, hearing the gossip revealed by her father, Pei Pei's free hand rubbed the corner of her forehead and sighed: "Dad, where did you hear this news?" β
"This news was heard by your father and I through the channels of several Democratic congressmen, and the authenticity is quite high. It is said that the bill is already in the works and will soon be submitted to the parliament for review and approval. Li Chenghua replied.
"It's a bombshell!" Pei Pei said depressedly.
Li Chenghua smiled and comforted his daughter: "Hehe, you don't need to panic!" Up to now, there are more than 2,000 different brands in the entire U.S. health care product market. Even if the FDA wants to tighten the regulation of the health care product industry. As long as the product you develop is more effective than the same type of product, it will not be your turn to remove your brand from the shelves. So, no matter what, you still have to strike the iron and make it hard! β
Li Chenghua paused. "And, as far as I know, at the turn of the millennium, there were politicians who were advocating to submit a bill to the parliament that would 'require the FDA to tighten regulations on the health care industry,' but it was not done after a year's delay. As for the news that 'some members have asked for the motion to be initiated' this time, maybe it will be thunder and rain again? I'll keep an eye on the follow-up of this news, so you don't have to worry about it. Let's put this topic aside for a while and continue to return to your topic of cooperation negotiation today. β
Then, Li Chenghua praised his daughter's performance in the negotiation: "Girl." You still know how to make trade-offs! You listened to what the old man taught you. If you want to do big business, 'independence' is the most important thing! It's like going public on the issue of Kangmei. Since I want to borrow the overseas markets of the Hercules consortium and their huge capital operation capacity, I have to agree to their equity cross-swap agreement. The same is true. For a win-win situation! Therefore, if your own 'Pear' company wants to become bigger and stronger in the future, it must gather a part of the community of interests. Coupled with the fact that you are also a shareholder of Kangmei, this cooperation agreement is equivalent to a bond of interest. In the future, once your 'Pear' company meets the conditions for listing, this bond will bind the huge interests behind Kangmei Group! That's what I always tell you about 'win-win'! β
Pei Pei said "um", and muttered to herself: It seems that it is estimated that she will have to deal with that guy from Austin in the future.
After chatting with her father a few more words, Pei Pei hung up the phone and lay back on the bed with her thoughts in her head.
She tossed and turned in the quilt for a long time, and she had no clue about the distracting thoughts in her head, and finally she flashed into the space, and after practicing cross-legged for a small week, her mind finally calmed down. Out of the space and back on the bed, after a while, she closed her eyes and fell asleep.
The next day, after Pei Pei got up, she told Zhang Yinuo about the possible tightening of FDA controls on the health care product market by her father last night.
After Zhang Yinuo listened, his reaction was also shocked!
"I'm not worried about the efficacy of our products, the only thing I'm worried about is that once this bill is passed, if the new patented products we develop in the future want to be put on the shelves, will the review procedures become the same as prescription drugs, that is, delayed and troublesome?" Zhang Yinuo frowned.
Pei Pei was worried about the same problem as him, but at this time, as the boss, she was. can only say some reassuring words to comfort his subordinates.
"We can only think like this, how many bills do politicians submit every year when the soldiers come to block the water and cover the earth, and if they are well fed, they will submit bills. Those who don't understand guΓ² still account for the vast majority of the proportion! Even if you really get guΓ², there's nothing to worry about. Or my dad is right: iron still depends on its own hardness! And. Lao Mei's group of politicians are the best at ripping off, and a bill is discussed and studied, from submission to review, and the time for a few months is relatively short. Even if the bill is submitted, there is still a process of waiting in line for review, which is another few months! Let's focus on developing a few more patented products, maybe when our new patented products are developed, this bill is still in the process of waiting in line for the meeting. Pei Pei smiled.
Pei Pei said. Zhang Yinuo also smiled, "That's what I said!" The politicians of Lao Mei attracted the attention of public opinion on the Aibo page, blindly advocating and alarmist. Maybe there will be a lot of thunder and little rain at that time, and it is not certain whether this bill will be submitted to the parliament. β
After speaking, he looked at Pei Pei with a smile: "Peel, will you go to school in a while or come to the company with me?" β
"Let's go to the company together, I have several new R&D plans that I want to discuss with Dr. Duma." Pei Pei replied.
After breakfast, Pei Pei took Fu Ya and Rui Qian and got into Zhang Yinuo's car. Went to the company together.
At this time, Pei Pei had already forgotten about the FDA's tightening of the health care product market supervision. At this time, no one including her father would have thought that the politicians who proposed the restart of the bill would have such great energy.
The second half of 2007. The U.S. Food and Drug Administration (FDA) has received thousands of reports of severe medical reactions from consumers using certain health products. Later, the U.S. Congressional Office of Government Accountability (GAO) stepped in to investigate.
As mentioned above, the government of the United States is a chaebol government, so when the parliament began to review the bill of "whether the FDA tightens the regulation of the health care product market", many chaebols involved in the field of health care products began to unite and hire a lobbying advisory group to lobby legally.
As a well-known brand, Kangmei health care products insist on striking iron and its own hardness, but it still can't stay out. Meantime. Li Chenghua also didn't want his peers to think that Kangmei was unsociable, so when his peers asked him if he would join the "joint hiring lobby advisory group". He had to get involved and be part of a group of health supplement manufacturers who had joined forces to pay for lobbying consultants.
Because all the health product manufacturers have joined forces to spend money and hire a special "lobbying advisory group" to lobby legally. In the end, effective results were achieved. Although the Federal Parliament has tightened its regulation of the health care product industry, it is still relatively lenient in its implementation. The Federal Assembly decided that starting in 2008, only manufacturers of health products are required by the FDA to report to the FDA any medical reaction that occurs after consumer use. If the user's response is normal within 15 days, the right to put the health supplement on the shelves can be retained.
Of course, it will be months before all of this happens.
At this time, Li Chenghua did not know that there would be a big storm brewing for the health care products industry in the next few months, and all his energy at this time was still focused on the listing of Kangmei.
Similarly, Pei Pei during this period of time is also busy. The "Hair Growth Black Hair Cream" had been successfully developed, and she didn't want the scientific research team led by Dr. Duma to be idle, so she gave Dr. Duma two more formulas.
One is the "Containing Fragrance Pill" formula, which is an oral pill specifically for patients with fox odor. White people have more body hair and heavier body odor, so the perfume market in Europe and the United States is not divided between men and women. Perfume can only cover up for a while, but "fragrant pills" can cure the smell of foxes! Moreover, the "incense pill" developed by Pei Pei will have a variety of different fragrances to choose from. For men, there are cypress, pine, musk, mint, etc., as well as a variety of floral and fruity scents for beauty-loving women. Whether it's a men's or a woman's scent, all scents are very light and elegant, and you have to get very close to smell a hint of the fragrance. "Fragrance Pills" also has a very special effect, once the user exercises to sweat, the fragrance will be strong. It can be seen from this that the market demand for this kind of "fragrant pill" will be great in the future, because even beauty lovers who do not have fox odor can use it.
The other is the "Hair Removal Balm" formula, which is also specially selected for white people with more body hair. The body hair problem of white people is a genetic problem, and white men may not be very concerned about the body hair problem, but white women who love beauty will donate their wallets to the sales of various hair removal products in the summer. The "hair removal cream" developed by Pei Pei is a kind of topical ointment. After application, it is painless and itchy, the body hair falls out naturally and shrinks the pores, and after a continuous course of use, it can inhibit the regrowth of body hair and lubricate the skin.
The reasons for choosing these two formulas are the same as the reasons for launching the "Hair Growth Black Hair Balm" product, which are the "hors d'oeuvres" in Peipei's plan. Both of these "appetizers" have their own audiences, both for the purpose of testing the market response, and also to open up the popularity of the newly registered patented brand "Li Tang".
Because of the gossip revealed by his father before, Pei Pei accelerated the research progress of the entire research team. When there are no classes in school, she will soak in the company's research room and do research with many R&D personnel.
At the same time, she remotely directs Joey in Silicon Valley and asks him to contact John, the town's contractor. Not far from the lake, a plot of gravel hard earth has been vacant, and this landscape has to be greatly modified before it can be planted. When the seeds were planted in the spring before, Joey asked Peipei what to do with this land? Joy thinks it would be extremely uneconomical to spend a lot of money to convert such a piece of land into a medicine field.
The overall extent of this land is also not large, about twenty acres or so. At that time, after Pei Pei went to see it in person, she told Joey not to care about it, she had other arrangements. In Peipei's plan, the 20 acres of land could not be planted, but could be used to build a production plant.
Therefore, while Peipei was busy developing new products with the research team, the project was once again started at the foot of Xiaoquan Mountain.
Before you know it, it's May of '07.
On this day, not long after Pei Pei got up, she was about to rush to the company when Joey's call came.
- Isn't it because the factory over there has been built and I have been notified to go over and accept and pay the final payment?
Pei Pei picked up the phone and said "Hey" - (To be continued)
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