After being fired, I became the light of medicine

Chapter 151: I also know a thing or two about reasonable tax avoidance (please subscribe)
Soon, Zhang Yang calmed down and looked at the fourth drug currently on sale by Qingshan Pharmaceutical - hepatocyte activator.

Hepatocyte activators are mainly used in patients with cirrhosis, and the medical insurance price is 6000 yuan.

When it was first launched, medical insurance reimbursed 35%, a total of 2100 yuan, and individuals paid 65%, a total of 3900 yuan out of pocket.

As production capacity increased and production costs decreased, Zhang Yang reduced the price of each bottle by 200 yuan, and the medical insurance price dropped to 5800 yuan.

Medical insurance has also adjusted the reimbursement ratio for this purpose, from the previous 35% reimbursement to 50% reimbursement. Now individuals only need to bear 50% of the cost, 2900 yuan per bottle.

Simultaneously,

Qingshan Pharmaceutical is still continuing its buy-three-get-one-free promotion, which means patients only need to pay 2175 yuan per bottle.

Of course, although the out-of-pocket expenses of patients with cirrhosis have been reduced, the impact on Tsingshan Pharmaceutical’s profits is not significant.

in contrast,

Because the medical insurance has adjusted the reimbursement ratio, patients who used to take the medicine for three months and then stop for two months can now continue taking the medicine. The total revenue of "hepatocyte activators" has continued to increase as a whole, becoming the most important source of profit for Qingshan Pharmaceutical.

Throughout the year, a total of 300 million bottles of "Hepatocyte Activator" were sold, with sales of 130.5 billion yuan and profits of 108 billion yuan.

It can also be predicted that as medical insurance increases the reimbursement rate, more and more patients with cirrhosis will continue to purchase "hepatocyte activators", bringing more cash profits to Qingshan Pharmaceutical.

In addition to the "Hepatocyte Activator", Qingshan Pharmaceutical's only health product, the "Gan Hubao Capsule" with 50% efficacy, which was developed based on the "Hepatocyte Activator", also has good sales.

The price of 350 yuan per bottle makes many middle-aged patients with fatty liver willing to try it, especially elite white-collar workers and corporate CEOs in first- and second-tier cities, who always keep it at home.

of course,

As a health supplement, except for the most loyal users who take one pill almost every day, most users only take one pill when they remember to do so and take a few pills every now and then.

Even so, "Huganbao Capsule" has gained more and more reputation due to its good liver-protecting effect, and has gradually begun to be compared with another well-known liver-protecting medicine in China - Pian Zaihuang.

Last year, the annual sales volume reached 60 bottles, the sales amount exceeded 20 billion, and the sales profit was 12 billion yuan.

Although it is still a little short of Pianzihuang's revenue of 100 billion, Zhang Yang is not in a hurry.

The overseas version of "Huganbao Capsule" "LivClearX" has much higher profits.

Although it contains the same 50% active ingredients, it is more than ten times more expensive.

Last year, 400 million bottles were sold in the U.S. market, with sales of US$36 billion and profits of US$28 billion, equivalent to RMB 196 billion.

I have to say, it’s still easier to make money from the Americans.

However, with the launch of the domestic "hepatocyte activator", Friedman's original plan to increase the active ingredients of "LivClearX" by 10% every two years fell through, and Novartis also began to discuss in detail with Tsingshan Pharmaceutical about the introduction of the "hepatocyte activator".

As a result, the subsequent selling price of "LivClearX" will inevitably be lowered.

Even so, Zhang Yang was already very satisfied with the huge profits brought by the "hepatocyte activator". A rough calculation showed that the annual profits at home and abroad reached 316 billion yuan.

Then, his eyes fell on Qingshan Pharmaceutical's last and also the newest drug, "Kidney Toxin Clearing Dialysis Needle".

"Shenduqing" has been on the market for only three months, with sales of 10 units in China and 12.6 units in the United States in the first month.

The number increased significantly in the second and third months, exceeding 50 in China and over 30 in the United States.

According to the latest statistics, "Kidney Du Qing" has captured 12% of the domestic dialysis market in just three months.

The situation in the United States is similar, with a share of over 8%.

However, as "hemodialysis manufacturers" such as Fresenius Medical Care reduce the prices of consumables, the cost of hemodialysis will be greatly reduced, and the share of "Kidney Toxin Clearing" in the dialysis market will inevitably not be as strong as it was at the beginning.

Zhang Yang estimates that the domestic market share will eventually stabilize at around 30%-35%, forming a dialysis mode in which the elderly will mainly use the cheaper hemodialysis, while the young and middle-aged people will mainly use the slightly more expensive "kidney toxin clearing" dialysis method.

The two form a differentiated market.

By this calculation, the domestic sales volume of "Shenduqing" this year should exceed 900 million to 1000 million injections, with sales reaching 95 billion yuan, sales profit reaching 55 billion yuan, and market share reaching 18.5%.

As for overseas markets, mainly the U.S. market, sales volume should be able to reach 600-700 million needles a year, with sales of US$21 billion and sales profit of US$16 billion, equivalent to RMB 112 billion, and the U.S. market share will reach 17%.

Adding the two together, the profit generated by "Kidney Du Qing" should be around 167 billion a year.

Seeing this, Zhang Yang breathed a sigh of relief.

The subsequent "Hepatocyte Promotion" and "Kidney Toxin Clearing" are not one-time cure drugs, and their sustained earning power is significantly greater than the first three drugs. No wonder all pharmaceutical companies are reluctant to develop one-time cure drugs.

After a slight sigh, he calculated the annual profits of all the drugs.

Qingshan Afa: Annual revenue of 16.8 billion yuan, net profit from sales of 13.5 billion yuan, and a market share of 62% in the "thrombocytopenia" market.

ITG human myelopoietin: annual revenue of 65 billion yuan, net profit from sales of 51.6 billion yuan (17.6 billion yuan domestically and 34 billion yuan overseas), and a market share of 100%.

Afenprovir: annual revenue of 50 billion yuan, net profit from sales of 40 billion yuan, and market share of 100%.

Hepatocyte activator: annual revenue of 382.5 billion yuan, net profit from sales of 304 billion yuan (108 billion yuan domestically and 196 billion yuan overseas), and a market share of 100%.

Huganbao Capsules (health products): annual revenue of 20 billion yuan, net profit from sales of 12 billion yuan, and a domestic liver protection drug market share of 12%.

Kidney Toxin Clearing Dialysis Needle: Annual revenue of 242 billion yuan (estimated), net profit from sales of 167 billion yuan (55 billion yuan domestically and 112 billion yuan overseas), with a total share of 14.2% in the global dialysis market.

Total: annual revenue of 776.3 billion yuan (estimated), sales profit of 566 billion yuan (estimated).

However, if the profits from "ITG Human Myelopoietin" and "Icoprofovir" which will decline every year are deducted, Qingshan Pharmaceutical's annual profit from drug sales will be around 450 billion yuan.

Of course, this does not mean that Tsingshan Pharmaceutical can save so much money every year. As we all know, in addition to sales profits, the company also has operating expenses.

Zhang Yang turned to the next page, and the next financial report was the financial expenditure of Qingshan Pharmaceutical.

The first is employee wages.

Tsingshan Pharmaceutical does not have its own production base, so its employees are much smaller than traditional pharmaceutical companies with tens of thousands of employees. The salary structure is mainly divided into three parts: clerical staff, R&D personnel, and the previously established Qingshan Pharmaceutical Pharmaceutical Sales Company.

The salary of ordinary clerical staff plus provident fund, social security, etc. is 7500 yuan/month, while the salary of professional and skilled staff such as office assistants and financial staff is around 1.2 yuan.

The salaries of drug developers vary widely.

Interns earn 7000 yuan a month, and drug developers with some work experience can get an annual salary of 30 to 50 yuan;
Positions like Fang Hanliang, who are doctors and directors and can lead a team, can earn an annual salary of 150 million plus performance-based salaries.

Currently, there are 658 people in Qingshan Pharmaceutical's drug research and development center, with annual salary expenditures of approximately 4 million yuan.

What surprised Zhang Yang was that
The last part, that is, the employee salary expenses of the "Qingshan Pharmaceutical Medicine Sales Company" which was established at the beginning, are actually higher.

After a careful look, I can understand it.

In addition to normal clerical work and warehouse management, the main expenditure of pharmaceutical sales companies is on salaries of pharmaceutical representatives.

Although most of Qingshan Pharmaceutical's drugs are scarce and unique in the market, medical representatives are still needed to communicate, negotiate and introduce them to major hospitals. It is precisely because of their promotion that Qingshan Pharmaceutical's drugs can enter major hospitals smoothly.

The annual sales expenses in this area reached 10 billion yuan.

Count it down,
Including all salaries for R&D centers, pharmaceutical companies, and clerical staff and senior executives, Tsingshan Pharmaceutical's annual salary expenditure is approximately 15 billion yuan.

Compared with the sales profit of 450 billion, this is simply insignificant. Zhang Yang also knows that wages are not the bulk of the expenditure; the real bulk is the research and development expenses.

Even though Qingshan Pharmaceutical's main drugs are derived from simulators, Zhang Yang still invested a lot of scientific research funds in drug improvement and the development of new drugs.

Last year, Tsingshan Pharmaceutical invested 95 billion yuan in scientific research expenses.

In addition, Zhang Yang also noticed a rapidly increasing expense in the financial report - taxes.

The financial director beside him also noticed that Zhang Yang lingered on the tax deduction expenses for a long time, and after a little thought, he said:

"Mr. Zhang, the main taxes we need to pay at present are: value-added tax, additional tax and corporate income tax."

"Because our company has won many tax deduction honors, including the title of 'National High-tech Enterprise',

In addition, the Chengdu government has also introduced a series of preferential policies for us, so the tax we pay is currently around 10%. "

"Last year, we had to pay 56 billion yuan in taxes and fees. Although the absolute value is a bit high, our sales and sales profits exceeded billion yuan after all."

“Overall, the taxes and fees are not that high.”

Zhang Yang nodded slightly without saying anything.

Seeing this, Lao Qian's heart trembled, and he was somewhat unable to guess Zhang Yang's true thoughts.

Mr. Zhang Yang had never cared about the issue of taxation before. He only remembered that when he first joined the company, Mr. Zhang said only one thing: "Pay taxes truthfully."

In the past, the company’s revenue was low and the tax paid was only tens of millions. Could it be that... Mr. Zhang thinks it’s too much?
After a moment, he coughed lightly and whispered:
"Mr. Zhang, I am currently paying taxes in full compliance with the national taxation requirements. If you want to reasonably avoid taxes, well..."

"I know a thing or two."

Zhang Yang was stunned for a moment and realized that Lao Qian had misunderstood what he meant.

He put down the financial report in his hand and said with a smile:
"Old Qian, don't let your mind wander."

"I heard that there is a famous prison in Shanghai called 'Tilanqiao', and 60% of the prisoners there are the country's top accountants."

"You don't want to go for further studies, do you?"

Old Qian was so scared and embarrassed that he kept shaking his head. Of course he knew the Tilanqiao Prison, which was well-known in the financial world.

This place holds a large number of masters and doctors of finance and accounting from prestigious universities such as Shanghai University of Finance and Economics, Fudan University, and Shanghai Jiao Tong University. It is known as the "Senior Talent President Class."

People jokingly say that going to other prisons is for reform, while going to this prison is for "further study."

After the joke, Zhang Yang gradually put away his smile, looked at Lao Qian seriously, and emphasized:

"Old Qian, don't even think about giving me some reasonable tax avoidance. I don't need it."

"Like you said, the taxes we pay now are actually very low. We just need to declare them truthfully according to the requirements of the tax authorities."

Old Qian breathed a sigh of relief, then nodded desperately:

"Mr. Zhang, thank you for your support for my work! To be honest, if the boss didn't ask us to do that, which accountant would be willing to evade taxes?"

"It is my greatest luck in my life to meet a boss like you. Don't worry, I will work hard and will not make any mistakes."

Zhang Yang smiled and waved his hand, his eyes falling on the last column of financial report data.

Tsingshan Pharmaceutical's total operating net profit last year was 265 billion yuan.

“It’s pretty much what I expected.”

After reading to the end, Zhang Yang put down the financial statement in his hand.

"Compared with domestic first-tier pharmaceutical companies such as Hengrui Medicine and BeiGene, Tsingshan Pharmaceutical is already a super first-tier company."

"This is of course thanks to the several top-notch drugs provided by the simulator!"

"But compared with the hundreds of billions of profits of Johnson & Johnson, Pfizer, and even Novartis, a number of other international century-old pharmaceutical companies, Tsingshan Pharmaceutical only makes a fraction of that."

"There is still a long way to go. Next, we have to continue to expand our drug product line and develop more drugs!"

Thinking of this, Zhang Yang thought of the simulator.

It is not known whether the simulator is preparing a big move recently or needs to trigger some special task. Since completing the "Uremia" simulation plot, no new nodes have been activated, which makes it impossible for him to continue to obtain new drug patents.

He sighed slightly and quickly adjusted his mood.

"However, we can no longer rely entirely on simulators. We have invested 10 to 20 billion in research and development in recent years, and have achieved some large and small research and development results."

"Several drugs have even entered the clinical trial stage. If nothing unexpected happens, it won't be long before Qingshan Pharmaceutical's first self-developed drug is available on the market."

"We need to make use of both simulators and self-developed products. Neither is indispensable!"

"Also, we can mention everyone's remuneration. The 4.5 million yuan salary expenditure is insignificant compared to the 200 billion yuan profit."

Zhang Yang quickly wrote down his thoughts at the moment in his notebook. Upon seeing this, Lao Qian quietly retreated and did not disturb him any further.

I don’t know how much time had passed before the door of Zhang Yang’s office was pushed open again.

When Zhang Yang came to his senses, he found that Ren Xiaomin was already sitting on the sofa waiting for him.

"Brother Ren, when did you come?"

"I've been here for ten minutes. I saw you were recording something, so I didn't disturb you." After saying that, Ren Xiaomin stood up from the sofa and looked at Zhang Yang with some heartache.

"Zhang Yang, don't work too hard. Life can't be all about work."

Zhang Yang put down the pen in his hand and said with a smile:
"Brother Ren, don't blame me. You work like a madman, and you're in the same state."

"Haha."

Ren Xiaomin laughed helplessly:

"Well, anyway, take care of yourself and don't work too hard."

"By the way, I came here to ask you to have dinner at my house tonight. Your sister-in-law has specially prepared a dinner for you!"

"Have a meal?"

Zhang Yang was slightly stunned:
"What's wrong? Why did sister-in-law suddenly call me to eat?"

Ren Xiaomin suddenly looked at Zhang Yang and shook his head, then sighed:

"Zhang Yang, today is your birthday, your 31st birthday, and you even forgot it?!"

"My birthday?"

Zhang Yang then recalled that today was indeed his birthday, but...

He has been alone all this time, and was so busy that he even forgot his birthday.

Seeing Brother Ren's worried look, Zhang Yang felt warm in his heart. At this moment, Ren Xiaomin continued:

"Are you socializing tonight?"

Zhang Yang shook his head:
"No social engagements."

"That's good."

Ren Xiaomin breathed a sigh of relief and smiled:

"Your sister-in-law called me three times this morning and kept asking me to invite you to her house for dinner."

"But you have to be mentally prepared. Your sister-in-law will probably urge you to get married again...haha."

Zhang Yang suddenly felt a headache, but his heart was warm.

"Okay, Brother Ren, I'll drive to your house after get off work!"

"Thank you and sister-in-law for your concern for me."

"Haha, but Zhang Yang, it's time for you to get married!"

……

Just when Ren Xiaomin was informing Zhang Yang in the office to have dinner, on the other side.

Tsingshan Pharmaceutical Drug Research and Development Center.

In the office of Dr. Fang Hanliang, the project leader of the sixth project team, Zhou Xiaomei looked a little embarrassed.

"Fang Bo, I want to leave work an hour early this afternoon. Here is my request for leave. I hope you can approve it."

Fang Hanliang came to Qingshan Pharmaceutical from the German BI company.

In addition to bringing rigorous R&D ideas and meticulous teamwork, they also inherited the Germans' strict, even somewhat rigid, work discipline.

He does not require all members of the project team to work overtime, but he does not allow anyone to leave work a minute early.

Even before leaving get off work every day, you must report whether the day's work is completed.

Zhou Xiaomei had never asked for leave before, and she couldn't help feeling a little nervous as she looked at Fang Bo, who was often criticized by her colleagues for being "unkind".

Fang Hanliang put the leave application on the desk and looked up at Zhou Xiaomei:

"What's wrong, Sister Zhou? Is there anything special going on today?"

Zhou Xiaomei hummed softly:
"Well, I do have something special to do this afternoon..."

As she was thinking about whether to find an excuse to prevaricate, Fang Hanliang said:

"Well, since there is something going on, let's do it."

"You agreed?"

"Yes, but remember to finish all your work before leaving get off work."

"Okay Fangbo, don't worry, I'll finish everything before I leave!"

Zhou Xiaomei was pleasantly surprised and hurried to thank him. She didn't expect Fang Bo to be so easy to talk to.

After leaving the office, she let out a long breath, and her face was filled with a happy smile that could no longer be hidden.

They returned briskly to the laboratory of the sixth R&D group, and the entire laboratory team members seemed to feel Zhou Xiaomei's joy.

Just as I was about to start the experiment, Fang Lin, a female colleague with whom I had a good relationship, came over and said:

"Little sister, did you eat candy today? What's so happy about it?"

"Sister Lin, I've been granted leave. I can leave work an hour earlier this afternoon!"

"Wow! Dr. Fang agreed?"

"Ok!"

Sister Lin was obviously a little surprised, but soon her attention shifted to the reason for asking for leave.

"Little sister, what made you ask for leave rather than face Fang Bo? Are you in love?"

As soon as he finished speaking, all the colleagues in the same group in the entire laboratory looked over.

Zhou Xiaomei suddenly blushed and shook her head hurriedly:

"No, I just ordered a birthday cake and I have to pick it up before I get off work!"

"Oh!"

Sister Lin felt disappointed, and even her colleagues in the laboratory who were just sitting there doing nothing started to do their own things again.

After a while, Fang Lin still found something wrong.

"That's not right, little sister. I remember your hometown is in your province, right? None of your relatives are in Chengdu. Who are you celebrating your birthday for?"

"Also, why did you take time off to get it? Couldn't you just ask the cake shop to deliver it to the company?"

"Oh, are you celebrating your lover's birthday?"

"Besides, your lover wouldn't be a colleague in our company, right? Are you afraid that everyone will see him?"

"Tell me quickly, who is it? Do I know him?"

Zhou Xiaomei's ears were red with embarrassment, and she kept shaking her head shyly to deny:
"Hey Sister Lin, stop talking nonsense!"

"Not a lover, just an ordinary friend!"

As she spoke, she suddenly recalled the time when a young man gently touched her head and said to her at the Third Hospital in Chengdu that year:
"Study hard, and one day you will defeat the disease."

From that moment on, a seed was planted forever in her heart, never to be erased.

Thinking of this, Zhou Xiaomei felt a little disappointed again, and said silently in her heart:

"In fact, even I don't know if I am a friend in his heart."

……

At 6 o'clock in the afternoon, Zhang Yang got off work on time.

About 45 minutes later, he drove his new energy vehicle to the Nan'an Huacheng community where Ren Ge's family lived.

After buying a lot of snacks for the children at the supermarket downstairs, he knocked on the door and came to Brother Ren's house.

The door opened, and it was Brother Ren’s wife, Xie Yun.

"Zhang Yang, come in quickly! I asked you to come for a meal, but you bought so many snacks!"

"Don't do that next time!"

"Good good!"

Zhang Yang changed his shoes with a smile, then put the snacks on the coffee table. He had been to Brother Ren's house many times, and he was very familiar with Sister Yun and the children.

Hearing the noise, Ren Xiaomin and his two children, who had returned earlier, walked out of the room.

"Zhang Yang, let's have a few drinks to celebrate your birthday!"

The two children also spoke very obediently:

"Happy birthday, Uncle Zhang!"

Zhang Yang looked at the birthday cake prepared on the table and listened to the blessings from Brother Ren's family, feeling warm in his heart.

"Brother Ren, sister-in-law, and two little friends, thank you."

Xie Yun also came out of the kitchen, looked at Zhang Yang and said with a smile:
"What are you thanking me for? Since everyone is here, let's eat the cake first! Zhang Yang, I'll light the candles for you, and you make a wish!"

"If you ask me, you'd better find a marriage partner. I hope you can meet your beloved soon!"

"Okay, okay, listen to my sister-in-law!"

Zhang Yang said with a smile. Looking at Brother Ren's happy family, he suddenly had the urge to start a family.

But when he closed his eyes, his wish became:
"I hope that Brother Ren and his family will be safe and happy; I hope that Qingshan Pharmaceutical will develop smoothly; I hope that there will be fewer diseases in the world!"

Blow out the candles and light up the lamp.

"Eat cake!"

……

The lights came on, and gradually, the night darkened.

At nine o'clock in the evening, Zhang Yang and Ren Xiaomin prepared to leave after a few drinks. After all, the two children had to go to school tomorrow.

Since he had been drinking, and Zhang Yang's home was not too far from Ren Xiaomin's community, he simply prepared to take a taxi back and pick up the car tomorrow morning.

Got in a taxi.

The night in Chengdu is beautiful.

The street lights on both sides of the street are bright and colorful, and the warm yellow lights illuminate the dark night sky.

It is already the end of October, and the autumn in Chengdu is already somewhat chilly.

The heating in the taxi was very strong, and under the influence of alcohol, Zhang Yang fell drowsy after a while.

I don’t know how long it took, but the taxi driver shouted.

"Handsome guy, here we are."

Zhang Yang came to his senses, paid the money, and then opened the car door.

Suddenly I felt a cool breeze blowing over me, and I couldn't help but shiver.

He hurried towards the gate of the community, but as soon as he got off the car, he saw a familiar, tall figure standing alone and shivering at the door of the guardhouse.

……

PS: It’s too late today, sorry!
6K!
(End of this chapter)