Chapter 599 – Bing City Pharmaceutical developments
Sun Fulin was brought back by Chief Zhao for questioning. After one night of interrogations, he broke down and admitted he was trying to commit fraud.
But he insists that he had not succeeded and his charges should be an attempt to commit fraud. The heaviest punishment should be hefty fines.
Although it was only fined if Sun Fulin was released, will the Mayor be happy with this outcome? Chief Zhao was also furious. This Sun Fulin had almost got him into trouble. Even if the Mayor had no say anything, he will also not let him off easily.
After some investigations, Chief Zhao found out that this Sun Fulin was penniless. He still owes money for his lodging in Bing City. Sun Fulin had also signed a contract with a printing company to print the packaging for the vibrators. The packaging will be printed with the words Eye Protection Device.
The amount of money involved in this contract was huge. Because the deposit was paid, it could be considered as evidence. Also, Sun Fulin had owed the suppliers and did not pay his bank loans. Everything about him was dug out.
Although all the charges do not amount to life imprisonment, he should be staying behind bars for at least 10 years. This wicked businessman had to pay a heavy price for his crimes!
…….
Bing City Pharmaceutical had been developing well. Just the few health supplement medicines had made lots of profits. Orders for these products were coming in non-stop. The company does not even need to send their salespeople out to get business.
The flu, gastric, anti-inflammation. Etc. Medications were also selling well. Bing City Pharmaceutical Enterprise should be China’s best performing pharmaceutical company. If not, it should be at least the second-best Performing company. The growth and profits should be the country’s first!
The top management of the company was happy with its results. Their medicines were marketed as safe medications, and those world champions’ endorsements had achieved excellent results.
Feng Yu did not let them increase the prices of their medicines. If not, they would increase the rates by at least 10%.
Feng Yu felt that these medications could also be produced by other pharmaceutical companies. The effects of the drugs were more or less the same. They should not increase the prices because of profits.
Of course, if Bing City Pharmaceutical Enterprise were famous overseas like they were in China, it would be different. Feng Yu does not mind increasing their selling price overseas to earn money. In China, Bing City Pharmaceutical Enterprise’s profits were already higher than most other pharmaceutical companies.
Although Bing City Pharmaceutical’s Zinc gluconate and other health supplement medicines were exported to other countries and had achieved high profits, but compared to those pharmaceutical MNCs, they were still far behind.
In the future, will there be any medicine from China that becomes famous in other countries? Yes. It is a type of drug called Yunnan Baiyao. The company still had a scandal of the state-owned enterprise illegally breaking a contract and was sued by a private company.
This medicine was widely used by athletes, and many households will keep a bottle in their first aid kit at home. This medicine can stop bleeding and relieve pain. Children will bound to have knocks and falls.
The formula of this Yunnan Baiyao was a national secret! Just this alone had increased the values of this medicine. But currently, the company still had not invented the aerosol spray medicine. The drug only comes in powder and capsule forms. This limited their growth significantly.
Last year, Feng Yu had told his staff at Bing City Pharmaceutical Enterprise to contact Yunnan Baiyao factory. He wants to buy the formula of the medicine. But Bing City Pharmaceutical Enterprise was privatized and was not a state-owned enterprise. The factory does not want to sell. In Feng Yu past life, Xinhua Company had also tried to buy the formula and had more than 2 billion RMB locked up in their attempt for more than a year. Their losses were significant.
But in Feng Yu’s previous life, Yunnan Baiyao wanted to export their medicine to the US and had to print their ingredients on the label because of the regulations in the US. The secret formula of China’s Yunnan Baiyao was printed on the packaging of those products that were exported to the US.
Feng Yu had a friend who bought this Yunnan Baiyao from the The US in his previous life. His friend left this medicine in Feng Yu’s home, and Feng Yu had read the labels a few times when he was bored.
Boea Clarkean 85mg, Galanga 30mg, Cranebill 36mg, Tienchi 200mg, Companatum 57.5mg, Chinese Yam 66.5mg.
Bing City Pharmaceutical Enterprises had a Chinese traditional medication factory. Feng Yu told them about this formula and said that he bought it from an old Chinese Traditional Physician for 1 million RMB. He asked his factory to research and try to develop this medicine.
After testing the formula, it was found to be effective. But further research shows that Feng Yu’s formula was slightly different from Yunnan Baiyao. That means Yunnan Baiyao had either hide their method from the US or Feng Yu had misremembered.
Feng Yu remembered that in his past life, there was a saying on the internet that Yunnan Baiyao had components of Kudzu and ginseng. Feng Yu told the Chinese Traditional medication factory to research and experiment on this formula. He also asked them to research on an aerosol spray to combine it with the medicine. He wants to develop a type of medical aerosol spray which will disinfect, heal and not hurt the skin.
This was the top priority set by Feng Yu. If Bing City Pharmaceutical Enterprise could develop the Yunnan Baiyao medical spray from his past life, then it will be their top product and significantly raise the company’s brand image!
As for the antibiotics and anti-inflammation medicines produced by the factory will remain. The profits from these medicines might not be a lot, but it was still selling well. The sales of those health supplement medications will also drop when other pharmaceutical companies introduce cheaper and similar products.
Although there was no way for Feng Yu to increase Bing City Pharmaceutical Enterprise’s reputation overseas, but the book was the best seller.
Feng Yu also did not expect that book to be so popular. It must be related to the experts who wrote the paper. No matter it was in China or Overseas, people will trust those specialists and experts.
Furthermore, the book was not selling at a high price. The book claimed to contain the essence of China’s few thousand years of traditional medicine and was recommended by experts all over the world. How can the contents of the book be wrong?
Other than those countries that were in poverty or war, which country’s people do not care about their health? The book had sold over 10 million copies worldwide and just in China, it had sold over 3 million copies!
Feng Yu could earn about 3 RMB for every copy of this book sold. That means the past 6 months after the book was published, Feng Yu had made more than 30 million RMB. After the number of copies sold had reached 10 million, Feng Yu used soft advertising in the newspapers all over the world again to try to boost the sales further.
Even if the number of copies sold for could
not break Guinness World Records, but as long as the concept of Suboptimal Health exists, people will continue to buy this book. New editions will also be published every year. In the future, it might even hit 100 million copies!
With this book and the recommendations of experts from other countries, Bing City Pharmaceutical enterprise health supplement medications’ sales had increased. This time, Feng Yu discovered another opportunity to make money.
Translator’s notes:
Yunnan Baiyao
https://en.wikipedia.org/wiki/Yunnan_Baiyao
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