Chapter 704 – Got i
Victor was in a good mood after he settled Professor Wang. If he knew what research Feng Yu wants, it would be easier for him to raise the price. Next, he met Liu Michael alone and got information on how much Feng Yu was willing to pay with 500,000 USD.
Victor did not keep the remaining 100,000 USD. If his company found out, his career would be gone. This 100,000 USD will be his reserve, and he will return back to the company if he did not use it.
Victor knew the rules well and shouldn’t keep the money that does not belong to him.
……
“Mr. Feng, have you all chose the inhabitors you all want?” Victor smiles and asked. Actually, he knew Feng Yu wanted 3 types of inhibitors, and the prices he quoted for the 3 inhibitors were high.
Feng Yu looked at Liu Michael and then pick out 5 sets of research data. It includes the 3 inhibitors Professor Wang told Victor.
Victor was overjoyed. The money spent was worthwhile.
“Mr. Feng, the price for this is 3 million USD, this one is 5 million, and that is 6 million……”
The 3 inhibitors Feng Yu wanted was quoted above 5 million USD. Actually, Pfizer had already recovered their R&D cost when the inhibitors were developed. In fact, other research labs also have two of the inhibitors, and the third inhibitor was not invented by them. They only have more in-depth research on it.
Feng Yu casually pick two more sets of research data from the table and then push it towards Victor, together with the rest of the drugs research data. “These. Quote me a price.”
Victor was already used to Feng Yu’s negotiation style. Anyone who buys things will take their time to pick and choose. Furthermore, this deal was worth millions, and it was medical research data. But Feng Yu acted like he was buying potatoes in the market. He just picked the research data randomly.
Victor pretended to look at the research data. He already knew the prices beforehand.
“These research data are very important to us. We have spent a lot of money and resources in these research. How about this? I will give you a discounted price. 30 million USD!”
Before Feng Yu says anything, Liu Michael shouted: “30 million USD? Impossible. I had said that this research might be useful, but there is a high possibility that the result of the research will be a failure. The only thing that is worth something is the research data on inhibitors. You have overquoted us!”
“No. The price I quoted is reasonable. The cost of inhibitors is very high, and it is a finished product. But those incomplete research data are also worth a lot. If you are successful with the drugs development, you will be able to get hundreds of millions USD in returns. This is a gamble, isn’t it?”
Feng Yu laughed: “Hahaha. I like to gamble. You are right. This is a gamble. But even if I were to gamble, I prefer higher payouts. 30 million USD. If I win, I will get 300 million. But who knows how long will it takes for me to get this 300 million? I don’t like this gamble.”
“These research data are not worth 30 million USD!” Liu Michael added.
Liu Michael and Victor started arguing. This argument was planned by both of them. Victor saw the engrossed and agitated Liu Micheal and gave him a thumbs up in his heart. Liu Michael’s acting deserved an Oscar!
“Why are these data not worth 30 million? You will not even get half the results even if you give 30 million to another company. Pfizer is home to the top researchers in the world!” Victor proudly said.
Feng Yu suddenly reach out and split the stack of documents into two piles, and then point to one stack. “15 million. Sign the contract now.”
Ah? Why is the amount cut by half? Didn’t you say that the data are too little? Now you only want half of the data?
15 million for that stack of research data was still a lot. But Victor had promised George that he will sell the research for more than 21 million. Now, it had become 15 million. He had still asked for 1 million USD from the company. There was no way for him to answer to George!
What if George really gets angry and send him to Africa? There was no way he could survive there.
“Mr. Feng, I had bundled all the research together for you. Even if you want half of them, the price is also not half.” Victor explained.
“Mr. Victor, my boss, might be rich, but you cannot treat him like a fool. You all are not sincere in making this deal. Maybe you all should get someone else to negotiate with us. Or perhaps we should contact Bayer. I think Bayer will be more sincere with the price my boss is paying.” Liu Michael threatens.
Victor suddenly switched to English: “We have acted enough. 22 million for these data!”
Feng Yu sat there calmly, pretending not to understand what they were talking. But in his heart, he was jumping with joy. 22 million USD and he could get the formula for these inhibitors. He only needs to improve the formula, and then he can sell it in the market. The future returns will be several billion.
Liu Micheal moved closer to Feng Yu and whispered that they should lower the price by a few more million. He asked if Feng Yu wants all those research data.
Feng Yu nodded.
“Fine. This is the final price my boss is offering. 22 million USD. If you all agree, then we will sign the contract and give us the full set of data. If not, then the deal is off!”
Victor pretended that he could not make the decision and made a phone call. After the call, he said that the company agreed to the price and they can sign the contract now.
Both parties were worried each other would change their minds, and the contract was signed quickly. When the contract was signed, Feng Yu was relieved.
He had finally gotten the technique for producing inhibitors!
Feng Yu quickly called his men to transfer the money to Pfizer. When Victor received news that the money was paid, he asked his men to give Feng Yu the full set of research data. Feng Yu’s medical research team immediately check if the data was real. Once confirmed, they quickly send the data to Feng Yu’s chartered plane.
The plane was considered China’s territory, and it was safe there. Without China’s approval, the US cannot enter the aircraft.
Back on the plane, Feng Yu gave a toast to everyone. With the formula for inhibitors, he can let his researchers research and develop Sildenafil. This drug will be developed much faster than the Americans.
With connections, the rules for clinical trials can be changed, and the approvals will be granted easily. Bing City Pharmaceutical Enterprise will be the first company in the world to develop oral medication for impotence!