Chapter 1542: Chapter 624: Brothers Join Forces, Han Hun Pharmaceutical pany Founded (Part 2)
Qiu Jie nodded in agreement.
At this time, Su Qianqian had already walked behind Qiu Jie’s wheelchair and naturally helped her push it.
“You all chat; Qian and I will go inside to watch some TV and talk.”
After greeting them, Su Qianqian pushed Qiu Jie into the house.
Zhou Can, on the other hand, lay down directly on another rattan chair in the pavilion.
“This chair is really fortable to lie on! No wonder Brother Lao often lies here and refuses to e down!”
“Nonsense, this was custom-made by a top carpenter and bamboo craftsman, went through a series of special treatments, and was then transported back from abroad. If it weren’t fortable to lie on, would I have spent this unjust money?”
Li Lao rolled his eyes in an odd way.
Unlike other wealthy people, Li Lao focuses more on fort rather than luxury.
Handcrafted furniture embodies the spirit and wisdom of the craftsman, which is vastly different from machine-produced items.
“Brother Lao, there’s something I’m uncertain about, and I want to discuss it with you.”
“Speak!”
“It’s like this, our hospital’s pharmaceutical department is planning to sell itself to me…”
Zhou Can explained the situation to Li Lao. He had promised Dean Zhu not to leak such confidential matters.
Now, discussing it with Li Lao was a matter of trust.
“Traditional Chinese medicine has always been one of the foundations of our country’s medicine, the soul of medicine. Unfortunately, due to the decline, it has fallen into disrepair. Tuya Hospital’s pharmaceutical department has such a deep historical background and many generations of hard work and inheritance. I think it’s my duty to take this on.”
Li Lao’s opinion made Zhou Can view him in a new light.
As expected from someone who served in the military, his sense of patriotism is truly beyond the ordinary person’s reach.
“From a noble standpoint, if I have this ability, I should indeed contribute something. But you know, I neither have pany management experience nor have that much time and energy. What if I mess it up?”
Zhou Can asked with some concern.
“You, you are so used to being meticulous when treating patients. Business is not the same as treating illnesses; every businessman is an adventurer. When treating patients, if you’re not certain, you don’t dare to proceed. Take over the pharmaceutical department, then manage it from behind the scenes by hiring a reliable management team. You can manage the pany well without spending too much time or energy on it. You just need to point them in a direction.”
“Have you seen battles? When a general gives a mand, wherever the mand flag points, the soldiers charge. You’re the marshal wielding the mand flag, understood?”
With Li Lao’s explanation, Zhou Can felt much lighter.
So many hospital leaders and senior leaders have high expectations for him, fearing he might mess it up.
It now seems not as difficult as imagined.
“With so many people trusting you, and since you have an economic foundation, go all out and do it well. If you’re afraid of losing money, invite me to join as a shareholder. If there’s a loss, I’ll share it with you, which will reduce your pressure a lot.”
Li Lao viewed money very lightly.
For someone like him, making money is just a game.
Strangely enough, the more such people think like this, the more money they seem to make.
Those who work diligently and hard all their lives can only make ends meet.
“I’m not afraid of financial loss, just of not doing well. If you’re willing to invest, that’s great. Starting a pany isn’t something I’m confident about. Working with you will make me feel much more secure.”
Zhou Can was particularly happy to hear that Li Lao was willing to invest.
“Different fields are separated by mountains; my shareholding is just to help you share the potential huge loss risks. Have you thought about it? The current pharmaceutical department loses over a hundred million a year. After you take over, this loss might continue. Pharmaceutical research and scientific research require long-term investment, and putting in a lot of money doesn’t necessarily yield results. Even if you lose a hundred million every year, with me sharing fifty million of the loss, it will be much easier for you.”
Li Lao said seriously.
Zhou Can hadn’t really thought about this issue deeply.
He thought that since Tuya Hospital is a public hospital, it had problems with management and operations, with a rigid system. Even if he couldn’t turn a profit, he at least wouldn’t make a serious loss after taking over.
Now, hearing Li Lao’s statement, he realized that it might indeed be a bottomless black hole.
Losing a hundred million every year, who can withstand that!
It’s like buying an air conditioner, which might be about 1,500 yuan. After buying it, if you keep using it, the monthly electricity bill could cost two or three thousand, more expensive than the air conditioner itself.
And you have to pay such an amount every month.
Acquiring the pharmaceutical department carries the same risk. The acquisition price is heavily discounted, only about 120 million, with many technologies likely bundled in.
Otherwise, even one herbal tea formula is sold for over a hundred million.
With so many ancient Chinese formulas, the value is essentially immeasurable.
Tuya Hospital loses a lot of money annually, but the output is minimal. That money surely wasn’t embezzled; it was used for drug research and development.
These investments are all real money.
If the pharmaceutical department is sold to Zhou Can, privatized, and mercialized, it could likely turn many technologies into profitable projects.
“I’ll discuss your investment idea with the hospital leadership tomorrow. If there are no issues, I’ll call you. It’s more prudent for us to do this together.”
Zhou Can also didn’t dare to agree rashly.
After all, Tuya Hospital is willing to sell the pharmaceutical department to him because of trust, as a form of entrustment.
Inviting an outsider into the project might not get the leaders’ approval.
“I’ve long wanted to acquire a pharmaceutical pany. You’ve seen my wife’s condition; she seems to have developed drug resistance, and her condition is gradually worsening. I especially hope to develop a new drug that can cure her soon. Even if it’s just a drug that controls the condition to prevent it from worsening, it’s fine too.”
Li Lao spoke with great concern regarding Qiu Jie’s condition.
For him, he has long had more money than he could ever spend.
No amount of money can buy his wife’s health.
“That is a good idea. Qianqian’s illness was cured with traditional Chinese medicine. Although the medical munity now labels Chinese medicine negatively, having witnessed firsthand the miraculous effects of traditional Chinese medicine, I believe that with true dedication, something can definitely be achieved. The latest cancer drugs abroad take inspiration from traditional Chinese medicine by focusing on the immune system, showing scientific directions from traditional Chinese medicine.”
Zhou Can’s eyes brightened.
He understood the meaning behind Dean Zhu’s question now.
How many people can you save in one day?
Indeed, it is so.
Drug treatment should be the king’s way.
Since ancient times, the most used means of treating diseases have been through medications. Surgical methods gradually developed later on.
In the early days, the surgical field was almost barren.
…
The next day, Zhou Can proactively sought out Dean Zhu to discuss the matter of bringing a friend to partner with him.
Dean Zhu was very surprised to hear this.
After inquiring in detail about Li Lao’s relationship with Zhou Can and Li Lao’s character, Dean Zhu’s expression relaxed quite a bit.
He didn’t give Zhou Can an answer on the spot.
It took two days before Dean Zhu called him.
It seems that many things are not in Dean Zhu’s control.
“Xiao Zhou, about your desire to bring a friend to jointly acquire the pharmaceutical department, the higher authorities have agreed. However, there are a few conditions: you must hold at least 60% of the shares at all times, the pany’s overall development policy must be personally managed by you, and not delegated to outsiders. Additionally, Tuya Hospital must be given priority in drug supply.”
These conditions are meant to prevent the pharmaceutical department from falling into outsider hands after the sale.
If it bees unmanageable and foreigners sell the department’s technology abroad, it will be a huge loss for the country.
Zhou Can thought the leaders need not worry.
Li Lao is more patriotic than they imagined.
He wouldn’t do such a thing.
After finishing the call with Dean Zhu, Zhou Can immediately called Li Lao to inform him of the hospital’s conditions.
Li Lao didn’t hesitate at all and agreed to all of them.
Thus, the acquisition of the pharmaceutical department officially menced.
One could feel that Dean Zhu might be about to retire and is quite urgent about this matter.
Any issues faced during the acquisition process, especially procedural matters or internal resistance from the hospital, were resolved personally by Dean Zhu. He hastened the process to help Zhou Can successfully acquire the pharmaceutical department.
When the dust settled, Han Hun Pharmaceutical pany was officially established.
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