Chapter 97: Medicine (3)

Groton, Connecticut, USA.

In the new millennium, Pfizer held an unveiling ceremony here for the world's largest "drug" R&D center. The world's most advanced facility employs more than 700 researchers and has the world's most advanced production facilities and testing technology, but due to the huge impact of generic drugs, the world's largest medical "drug" company has experienced negative sales growth since last year, and net profit has fallen by 57% year-on-year. Not only does it cause the stock price to fall, but it also causes a shortage of cash flow.

In this context, President Steele can be said to have put all his work on seeking new sources of financing, and the new issuance of corporate bonds is just one of them. Of course, in the case of shrinking performance, the financing performance is not ideal.

When he learned that Huang Xuan had raised $1.2 billion, Steele's surprise was beyond words. He had expected this to be a few months late, but after receiving confirmation from Citi, he immediately informed the board of directors of the news. In the past quarter, the board of directors almost pinched his lungs because of the funding problem.

Connecticut is the third-smallest state in the United States, and most people may have never heard its name. Aside from the thriving insurance industry and nuclear submarine manufacturing, there are not many places in this small state that are famous, with the exception of Yale University. The three recent U.S. presidents have all been inspired by this.

As for the city of Groton, it is just a small town with a small name, and when Huang Xuan transferred in New York, there was even only one flight.

Of course, Pfizer's "pharmaceutical" R&D center is not inferior at all, and after getting Lorraine's confirmation, Huang Xuan was even more relieved.

Looking at the introduction of Pfizer in the energy screen, Huang Xuan was very moved and said: "Lorraine, how about you say we sold Pfizer a batch of 'drug' formulas?" ”

"In one's own plane, all space-time behavior will cause the buffer zone to be reduced."

"So what, we just need to increase the energy of the buffer belt."

Lorraine replied a little later: "Actually, our current plane travel has caused a reduction in the energy of the buffer zone, although less than actually expected, but comparatively speaking, the actions in other planes other than the assassination of Napoleon can only be said to break even. If you keep it this way, then it will be very troublesome to deliberately create a buffer zone in your own space, and then encounter problems such as travelers. ”

Huang Xuan's mind turned and said, "Then as long as we can increase the energy of the buffer belt a lot, we can sell the formula?" ”

"Theoretically there is no problem, but it must be taken into account that in some cases, the application of technology in advance may result in a continuous reduction in the energy of the buffer zone, and on the other hand, any estimation of the energy consumption of the buffer zone is limited."

"Got it." Where could Huang Xuan understand so much, and asked anxiously: "Then if you sell a formula like a best-selling 'medicine', how much energy does it need?" "A best-selling 'drug' usually refers to a 'drug' that has sold more than $1 billion, such as Viagra (Viagra).

"More than 200,000 tons." Lorraine quickly estimated: "The initial loss should be 1,200 N, and then the slow loss will be 200,000 N, maybe more." ”

"How much did we earn the last time we killed Napoleon?"

"4,000 dontons."

Hearing such a big difference, Huang Xuan was stunned for a long time and said, "Why is there so much difference?" I'm going to make a viagra that can make the buffer so responsive? ”

"'Medicine' will change the state of life, and the chain reaction after that is difficult to predict, and the best-selling 'medicine' is even more direct, they are usually special 'medicines', with definite efficacy and function." Explaining the problem, Lorraine continued: "Besides, if we kill Napoleon, we can only get a part of the early losses of the opponent's plane, and we will not get the later losses of the P129 plane. On the contrary, the losses we have caused in our own plane must be borne as one, and as we increase and decrease, the gap increases. ”

Huang Xuanxian was very disappointed and said: "That is not usable?" ”

"Not really." Lorraine said truthfully: "Technologies such as programs, usually do not change much, whether people use indo or Linux does not affect the development of the plane, and similarly, a few percentage points to improve industrial efficiency does not consume much buffer band energy." ”

Huang Xuan was happy at this time, and said: "Then you give me a look like the indodo system, which will cost about 50,000 tons." "Lorraine is serious.

Huang Xuan swallowed his saliva, but if he killed Napoleon 10 times in exchange for 200 billion US dollars, it would not be too much of a loss. At this time, when he arrived at the entrance gate, he could see a tall sign with "Huang Xuan" written on it, and he couldn't help but ask: "What are the technologies that consume less?" ”

"A lot." Lorraine's answer was short and forceful.

Huang Xuan swallowed again.

Before he had time to say anything, Pfizer's representative Bob had already seen Huang Xuan and the five bodyguards around him, and he pointed to the sign with one hand and shouted in stiff Chinese: "Mr. Huang Xuan? ”

Huang Xuan walked over with a smile on his face, looking like a high school student who came to travel, who knew that this guy spent 80 million US dollars in order to come here.

Although Citigroup manages the bonds, the huge loan of $1.2 billion still has no interest at all - Huang Xuan has already spent all his cash on two consecutive trips, and after pledging some of his jewelry, the price of making up the full loan is to lose more than 3% of the interest per year, and the interest on the Pfizer bond is 6.8%, in other words, the two-year bond will theoretically lose $80 million. The yet-to-be-met Steele president has raised his asking price by four times.

In such a situation, it can only be said that Zhou Yu beat Huang Gai - Yang Zhou Yu is also Zhou Yu. Huang Xuan is not dissatisfied, 80 million US dollars to buy a life, what is there to be dissatisfied with.

There were 3 people who came to pick up the airport, only Bob could speak Chinese, but he could only say that he would. Huang Xuan had no choice but to communicate with him in English, which can be regarded as continuing to practice speaking. One of the major characteristics of studying from the base is that it is excellent in listening and speaking, but much inferior in reading, and as for the question of writing, perhaps the comrades of those years did not consider it at all.

"Does Mr. Huang want to develop the medical 'pharmaceutical' industry in China?" Bob asked, half-guessingly. This is how many large foreign companies make money, as long as you buy their products, they teach you how to sell them, how to produce. For example, in the additive industry, many foreign companies spend a lot of money on research formulas, and you only need to buy their additives, you can use these formulas, which effectively increases the competitiveness of products, and similarly, concentrated research also reduces research and development costs, and reduces the risk of downstream manufacturers.

Of course, Huang Xuan didn't know the rules here, but his natural acumen made him reluctant to tell others about himself easily, so he smiled noncommittally and turned the topic to Pfizer.

Bob had to introduce his own company, which was also the way it should be, Huang Xuan didn't have time to pay attention to these things during this time, and his head was even more "messy", and someone spoke slowly, which sounded much more comfortable.

Like most business groups, Pfizer's strength comes from several successful mergers, including the acquisition of Warner. After Lambert, Pfizer established the current "pharmaceutical" R&D center, and in the following years, the merger and acquisition of Famacia allowed it to sit on the throne of the world's first "pharmaceutical" company, but trouble soon followed.

And the most troublesome thing is nothing more than a shortage of funds.

Pfizer issued $6 billion in short-term bonds, but Wall Street was not optimistic about it, and because of the board's opposition, it could not come up with better attractive measures such as debt-for-equity swaps (automatic or conditional conversion of maturing debt into equity). The single interest rate return makes Pfizer bonds constantly undervalued in the bond market, and only children like Huang Xuan will be put on a rope. Bob thought.

Steele would also like to see the little white wolf who has been trapped, waiting in the center with a few directors, and most importantly, the money has not yet arrived.

As soon as the car drove into the welcome road, several people greeted me. Huang Xuan changed his previous formal clothes and wore a set of Louis. Vuitton's casual clothes - this is Zhang Xinyi specially selected for her son, she feels that at Huang Xuan's age, casual clothes are easier to reflect his "sex" than suits. The big men of IZO give people a kind of pressure, and the 5 guys who are nearly 2 meters tall stand solemnly, and they are still very domineering.

"Mr. Huang, it's a pleasure to meet you, and your generosity has helped to reinvigorate Pfizer." Steele's hands were clenched, palms the size of Huang Xuan, dry and gentle, and did not make people feel uncomfortable.

"Pfizer has always been full of energy, and I've just increased its strength." Huang Xuan was unsparing in praise, although he still does not understand why a company that can sell for $12 billion in a "drug" is still in financial trouble.

It seemed that Steele was happy that someone had recognized his merits, and he let go of his right hand to introduce Huang Xuan to the board members who had come to greet him, and his left hand was still holding Huang Xuan, as if he was a kind elder. But Huang Xuan's age will not be mentioned in his words.

Huang Xuan frowned slightly, and after getting to know everyone, he pretended not to wait, and said, "Mr. Steele, I want to see the laboratory here." ”

"Of course." Although Steele knew Huang Xuan's request, he still pulled the person next to him and said, "Let Dr. Ginger accompany you, he is very familiar with the equipment of the center." ”

Huang Xuan, the deputy director of the research center, shook his head without hesitation: "Mr. Steele, I think it's better to leave me alone, Dr. Ginger must be very busy." ”

Steele glanced at Huang Xuan, who was very serious, and nodded reluctantly: "Jinge, you listen to Mr. Huang, introduce our laboratory to him, just like I said before." ”