Chapter 210: Successful R&D of New Drugs

Modu MH Zone, Zizhu National High-tech Industrial Development Zone, Pharmaceutical Research Institute.

Next door to this unlisted building is the pharmaceutical factory of East Asia Mingyu Pharmaceutical Co., Ltd., but neither side knows that their boss is actually the same person.

This pharmaceutical factory, which covers a large area and is well-equipped, has been producing all kinds of daily medicines, because it is an independent company and is not under the group, so everyone has ignored it for a long time.

This is Si Mingyu's preparation for a rainy day, since he already knew that the new drug would definitely be successfully developed, the equipment and employees for subsequent mass production should be prepared in advance, and mass production can be completed once the production approval is completed.

"Mr. Si." Dr. Li Zhenyuan, the head of the institute, and other researchers greeted him at the door.

"Director Li, everyone, thank you for your hard work." Si Mingyu greeted everyone very politely.

"It's finally living up to the promise." Li Zhenyuan said modestly.

The researchers behind him couldn't hide their smiles, after all, the most difficult stage of the new drug has been completed, and the next step is the clinical trial, once it is successfully listed, according to the original agreement, everyone will have a huge bonus, how can you not be happy now that the boss is here?

"Mr. Si, please inside."

"Director Li, please."

In the conference room of the research institute, Si Mingyu and Li Zhenyuan sat at the top, in addition to the staff of the institute, Zhang Ningxi and Lin Shirui were also present, and the big screen opposite showed the personnel of the branch offices of the fifty states, who participated in the meeting through video.

"Colleagues, first of all, I would like to formally introduce to you, our boss, Mr. Si Mingyu." Li Zhenyuan said loudly.

"It's the first time we've met, you've worked hard." Si Mingyu said in the applause of everyone.

At the beginning of the establishment of the institute, Li Zhenyuan was fully responsible, and he had never come at all except for the money, so it was really the first time he met with the employees. After all, Li Zhenyuan is also a member of the company, so what else can he worry about?

Most of the researchers in the fifty states on the other side of the video were surprised by Si Mingyu's age, he was too young, and some of his children were older than him. But at the same time, they also know that because of the successful development of new drugs, young people in front of them are about to have a place in the world wealth rankings.

"First of all, please allow me to express my heartfelt thanks to Mr. Si, without whom we would not be where we are today." Li Zhenyuan got up and bowed to Si Mingyu in thanks.

"Director Li, this can't be helped." Si Mingyu hurriedly turned sideways and asked him to sit down.

Li Zhenyuan has no problem at all when he says this, he is the leader in the research and development of new drugs, and others are just cooperating, but in the final analysis, they are all Si Mingyu's employees.

"When I was looking for investors with my paper, I ran into walls everywhere, but only Mr. Si believed in me, and not only invested a huge amount of money to set up this research institute, but also gave me the right to be fully responsible, what kind of trust is this."

He graduated from a famous domestic university majoring in medicine, and has a doctorate in medicine from Oxford University, and has taught at Harvard University in fifty states and has rich work experience, and his research direction is the treatment of a rare disease.

Li Zhenyuan did seek investment in the Fifty States Federation, which was arranged by the company. As expected, no one believed in the authenticity of his thesis, so no one invested.

That Si Mingyu's reinvestment is not abrupt.

"I still remember what Mr. Si said to me at the beginning, he said that in ancient times, Shennong tasted a hundred herbs, and today we want to try it in order to cure the disease and save people, even if this road is wrong, it can also make the latecomers take fewer detours. But thankfully, we're on the right track. Li Zhenyuan couldn't cry at the moment.

There was an instant round of applause below.

As participants, they know very well what this means by trying it, which is to invest more than 14 billion yuan in four years, and it is not that the money is invested and there is a gain, at least two-thirds of the probability that additional investment is needed, and three-fifths of the probability that this money will be wasted.

Everyone envied everyone for today's success, but if it failed, the boss alone suffered all the losses.

"Now, I would like to give the floor to Mr. Si." As soon as Li Zhenyuan's words fell, there was a burst of warm applause.

"First of all, I would like to express my gratitude to Director Li and all of you. There are many investors in this world, but there are very few outstanding people like Director Li, and there are very few excellent researchers like you, and success is the result of everyone's joint efforts. ”

After the applause, Si Mingyu continued: "I don't understand professional things, so I won't say anything here." However, the Chinese New Year is approaching soon, and I have prepared holiday gifts for everyone. ”

"Director Li, I have prepared five million US dollars, and you will share them with everyone as a bonus according to your level later."

"Thank you, Mr. Si!"

The employees present, including everyone on the other side of the video, cheered, even the lowest-ranking researcher had a prize of 10,000 US dollars, and they liked this Spring Festival gift so much.

"Please keep up your efforts, and there will be a lot of bonuses waiting for you when the new drug is launched!" Si Mingyu This is not a cake, after all, the most difficult research and development stage has been completed.

All employees are really full of enthusiasm at the moment, and the four years of suffering have seen the light of day, so why not work hard for the bonus?

After the all-staff meeting, Li Zhenyuan took Si Mingyu and others to his office.

"Director Li, there are no problems with the procedures and patents for new drugs, right?"

"Mr. Si, rest assured, we have hired a professional organization to take care of relevant legal and patent matters, whether it is domestic or foreign."

"Then how will the next clinical arrangements be arranged?" Si Mingyu is very concerned about this.

"In fact, the preparatory work has already begun, and it will take about three to five years to go down step by step in China, and it will be fast in one year if it is abroad."

"Doesn't it mean that the research and development of a new drug basically follows the Double Ten standard? Why is it so fast abroad? Si Mingyu was curious.

The so-called Double Ten standard is a saying in the industry, that is, the development of a new drug requires at least one billion dollars of dollars and ten years, and there is no cap and no guarantee of success.

"This is because of the strict requirements in China, and if you go abroad, you can go to India for clinical trials in the name of the Federal Medical Research Institute of 50 states."

"India?"

"Yes. India is the world's largest producer of generic drugs, with five of the world's top 10 generic drug companies in India. However, few people pay attention to the fact that India is also the largest clinical trial site for global pharmaceutical companies. Li Zhenyuan explained.

"Didn't the Indian authorities announce that they were strictly controlled?"

"How credible can India's official words be."