Chen Cang suppressed the excitent within his heart!
He pondered carefully.
Considering the developnt of Anxu Pharmaceuticals, even if this dication wasn't as formidable as he had imagined,
as long as he got through the onslaught and difficulties posed by VOLB company, the 20 million he paid for 60% of the shares would definitely appreciate in value!
After all, before the onslaught, the valuation had reached around 200 million, and with the developnt over the years, with many mature drugs on the market, the overall profitability was still there.
It was just that this one drug, into which he had poured all his efforts and resources for improvent, had encountered such an issue.
After a mont of contemplation, Chen Cang still felt he should trust the system for now!
A surefire deal with no losses!
Besides, with this deal, if he profited, he'd have luxury cars and mansions and be the boss!
If he lost, then... he'd end up performing breast enhancent and costic surgery for wealthy matrons.
A few more surgeries and the money would co!
No loss!
Chen Cang gritted his teeth and made a decision.
At this mont, Gu Xin said, "Little Chen, how about this, I'll have the director of the research center co over in a little while, and get this matter settled as soon as possible."
During the al, Gu Xin was obviously sowhat distracted, as the bank on the other end was starting to press for the loan paynts.
Gu Xin was also continuously making calls to partners, trying to raise so funds.
After so hesitation, Chen Cang said, "Sister-in-law, I can invest in your company!"
As these words ca out, the room suddenly beca quiet.
Chen Bingsheng couldn't help but say, "You kid, do you know how much that is? 20 million! Not 20,000!"
Chen Cang nodded, "I know!"
Then Chen Cang continued, "Sister-in-law, to be honest, I am quite optimistic about Anxu Pharmaceuticals!
And I'm willing to put out 20 million to purchase that 60 percent stake in the company!"
Gu Xin and Chen Bingsheng were genuinely startled by Chen Cang's words.
Because the fate of Anxu Pharmaceuticals was uncertain!
20 million was no small sum.
Chen Bingsheng knew that Chen Cang's money was all hard-earned, earned one rich matron at a ti!
These were Zhang Zhixin's exact words…
But, this money was not going down the drain!
If it weren't a family business, Gu Xin might have wanted to get out herself.
After all, under the impact of VOLB, many companies were already struggling.
Therefore, it was precisely for this reason, that when they heard Chen Cang was willing to put out 20 million for the shares at this ti, they were truthfully moved!
Old Chen took a deep breath, looked at Chen Cang, smiled, and shook his head towards Gu Xin.
He couldn't betray Chen Cang!
In his heart, Chen Cang was a junior, and he appreciated the thought, but... as for the money, forget it.
Too much!
Old Chen was afraid he couldn't pay it back...
Gu Xin also smiled and quickly refused, "Little Chen, I accept your kind intention, but... this is no joke."
"The business world is cruel and devoid of personal feelings; it won't reward you just because you are a nice person."
"This matter..."
Chen Cang shook his head, "Boss, sister-in-law, I am serious. If I truly believe in Anxu Pharmaceuticals, can I still buy the shares?"
Gu Xin: "You can buy them, but I need to repurchase them first, and then transfer them to you."
Chen Cang nodded and imdiately said, "Sister-in-law, let's go to the bank!"
…
…
That very afternoon, Chen Cang successfully transferred the 20 million in funds, and with this hefty sum, Gu Xin felt a multitude of emotions stirring within her.
Afterwards, Old Chen returned to the hospital.
anwhile, Chen Cang and Gu Xin headed straight to the company's research base.
Upon learning of Chen Cang's intentions, the old director of the research base began to make preparations.
Animal experints first require model creation, making guinea pigs with diseases like hypertension and coronary heart disease, and then administering dication before conducting tests.
The entire process was foreign to Chen Cang, but he didn't need to understand.
He left the professional work to the professionals.
Chen Cang suddenly rembered sothing and couldn't help asking, "Sister-in-law, haven't you guys conducted research on VOLB?"
Gu Xin couldn't help but laugh, "How could we not research it!"
"Don't you know that your biggest insights might co from your competitors? As soon as this drug hit the market, we started to study it intensively. We've gone through several phases of clinical trials, spent millions, and did it all quietly, without seeing any results!"
Clinical trials are expensive!
A single subject in a clinical trial can cost tens of thousands.
In fact, hospitals often find people to act as "guinea pigs" for clinical trials.
The pay for this is very high, about 3,000 per day, and depending on the dication, the price can fluctuate.
Generally, a clinical trial lasts about four days.
Abroad, it's even more common!
Abroad, including in the United States, many cancer patients simply cannot afford treatnt. Consequently, many pharmaceutical companies have co up with a solution.
They let these patients participate in clinical trials for free to test their cancer drugs, which, in turn, saves the patients' treatnt costs, and the pharmaceutical companies get a wealth of clinical data.
It's a win-win!
This approach is very common in the United States, where many hospitals even help patients beco experint subjects for various drugs.
Of course, if sothing goes wrong during the dication period, the pharmaceutical company is fully responsible.
But such cases are rare. They obtain various side effect data through these studies and observe if there is any statistical significance.
Many might regard this as inhumane, but drugs that have reached Phase III clinical trials have usually been tested on animals countless tis.
They are relatively safe.
As for humanity... well, it's complicated, and better left unsaid.
...
...
Hearing that Gu Xin had clinical data, Chen Cang imdiately said, "Sister-in-law, could I see those data?"
Gu Xin smiled, "You're about to be a major shareholder of the company, of course, you can!"
With that thought, Gu Xin stood up and went to the archives, pulling out all the original experint results and data analyses.
Chen Cang looked at the dense data, far from feeling a headache; he was actually sowhat excited!
Just as Gu Xin had said, they had conducted extensive research on VOLB, including a variety of clinical trials.
But, typically, clinical trials select healthy subjects.
Perhaps... this was why no abnormal data had surfaced?
With that in mind, Chen Cang got in touch with the director of the experintal base to find more guinea pig models, including those with myocardial infarction, cerebral infarction, hyperlipidemia, hypertension, and diabetes, for research!
The director of the experintal base was taken aback; this would require quite a bit of money!
The cost of successful model creation for experintal guinea pigs was hundreds or even thousands!
The total cost of the experints was estimated to be in the hundreds of thousands or even millions...
When Chen Cang heard this, he too felt extre pain!
Scientific research is not just about spending money,
It's about burning money!
Gu Xin clenched her teeth, "Director Wang, let's do it, use all of our stock!"
After all, the company was going to be acquired; keeping anything back was just leaving it for others!
Chen Cang didn't sit idle, either. As he left, he copied all the data, hoping to study it that night and find so useful information!
Never underestimate the power of such data; different analyses can yield entirely different clues!
Chen Cang felt that as long as there were anomalies in the data and as long as he approached from different angles, he might indeed discover so neglected information!
After all, his dical statistics were at a perfect level!
...
...
ps: Thank you to "A Certain Teller" and "The Na of a Fresh Breeze" for their generous 10,000 rewards, thank you!
The plot is unfolding; I ask for your support...
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