Hong Kong Film: Jimmy? Please call me Councillor Li

Chapter 214 Joining forces with the Qiu family to enter the medical field

If it were an ordinary person, Qiu Degen would never have said these things. He was willing to say them because he admired Li Jiayuan and because Li Jiayuan was his family's savior.

The healthcare industry in Hong Kong Island is complex and intertwined. The pie is only so big, and if someone wants to join in, it will inevitably disrupt the current situation. With more people, the pie will shrink.

Industry veterans will inevitably suppress newcomers, making it extremely difficult to gain entry into the market. Even with the Qiu family's assistance, progress will still be extremely challenging.

Moreover, the most profitable sectors in the medical industry right now are patented drugs and oncology drugs, which are currently controlled by the leading families in Hong Kong, serving as the lifeblood of their families' main pillar industries.

Others simply cannot obtain agency rights. A few years ago, the Qiu family sold 30% of their ATV shares to enter this industry, which came at a great cost. As for smaller companies, they can try, but Li Jiayuan is not short of these small sums.

Although Li Jiayuan can be said to be the youngest and most promising young generation in Hong Kong Island, it is simply impossible for him to withstand so much pressure and expand into new fields.

Unless, unless Li Jiayuan can create another miracle like Jiayuan Logistics.

Developing new drugs that can become market leaders—but is that even possible?

Drug research is not like developing logistics. Drug research requires a lot of funding and specialized technology. Li Jiayuan would only develop new drugs if he were sick.

Currently, there are no pharmaceutical companies in Hong Kong that develop drugs; they all directly acquire new drugs from overseas and act as distributors.

Even so, they were able to make a fortune.

Li Jiayuan certainly knew what Qiu Degen was thinking. However, his ideas differed from Qiu Degen's. He was very confident and certain that once his product entered the market, it would be a game-changer for the entire Hong Kong Island.

After all, he is currently the only one in the world who has mastered the new technology, developed new drugs, and applied for patents early on.

He is the only supplier, the sole one. With such a trump card in his hand, how could he possibly lose?

"Uncle Qiu, I understand what you mean, but I didn't do this on a whim. Let me just tell you directly: my research team has developed the world's most advanced drug. Only our company in the world has the capability to produce this new drug."

What I lack now is a distribution channel to help me sell the drugs worldwide, and the Far East Group happens to have that capability.

"A new drug!"

Qiu Degen and his son Qiu Yun exchanged a glance, both seeing astonishment in each other's eyes.

It's not that I doubt the truthfulness of this statement. Someone of Li Jiayuan's status and position, would he joke with them? What would he be after?

They were simply quite surprised that Li Jiayuan actually had his own research team and had even achieved research results—it was simply unbelievable.

Even if there are new drugs, if they don't meet market demand, they won't create much value, and I'm still not very optimistic about them.

During the conversation, several servants from the Qiu family came up to refill the water twice. One of them, who was quite good-looking, stood next to Li Jiayuan and intentionally or unintentionally made some physical contact with him.

His eyes were full of affection, sending flirtatious glances, leaving the latter speechless.

These servants are too audacious, trying to rise to the top and take shortcuts.
Li Jiayuan saw through the servant's scheme but didn't say anything. He took out all the information about the new drugs from the briefcase and laid them out on the table.

"This includes a simplified summary of our new technology, a summary of new product development, clinical trial reports for Phase I, II, and III, and the marketing application approval document. You can take a look." Such comprehensive preparation made Qiu Degen even more curious about this new drug. Having even obtained the marketing application, it seems Li Jiayuan has great confidence in this new drug.

Qiu Degen is a professional. He immediately took out the drug report and began to evaluate the value of the new drug, mainly focusing on the three stages. The stage report can directly reflect the efficacy and results of the drug.

Highly effective antiretroviral therapy!
A technology I've never heard of before?
Qiu Degen's gaze continued downwards, and when he saw HIV, especially after the words "effective drug," his eyes visibly twitched.

As someone in the pharmaceutical industry, he was well aware of how terrible HIV is now. It is basically incurable, and once infected, death is almost always the only outcome.

Not to mention treatment, there are currently no drugs that can effectively suppress this disease. Although many diseases cannot be cured, there are specific drugs that can greatly extend the patient's lifespan.

However, there is currently no cure for HIV; once infected, one can only wait to die.

That's why Qiu Degen was so surprised when he saw the words "special effect drug".

This was just the beginning. After he finished reviewing the entire clinical trial report, his hands were trembling as he held the report, a shock that struck his very soul.

This isn't medicine, it's a money-printing machine!
This is a banknote printing machine.

There aren't many HIV cases on Hong Kong Island, but in other countries, there are many HIV patients, so the demand must be huge, and it's the most deadly thing ever.

This technology is currently absolutely unique in the world, meaning that their drugs can be sold worldwide.

Qiu Degen dared not even think about it. The value this thing could bring was not just surpassing Jiayuan Logistics, but utterly crushing it.

He slowly put down the report, as if it were not a report but an imperial edict, and his attitude even showed a trace of awe.

"Then, Yuan, tell me how we want to cooperate."

"Our two companies have a proven relationship; you have the technology, I have the connections. Let's join forces."

Mr. Qiu, I still prefer your confident demeanor from earlier. Please come back to that.

Li Jiayuan's ambiguous smile made Qiu Degen lose face, but what good was saving face at a time like this? If he could get the agency rights for this drug, it would be a blessing for the entire Qiu family.

At this moment, Qiu Degen finally understood what it meant to have someone else's child. If Li Jiayuan didn't already have someone by his side and they had a good relationship, he would have wanted to matchmake his youngest daughter with him.

He really wanted to pry open Li Jiayuan's brain. How exactly did this guy's brain work? Home Logistics was one thing, but that was his business.

But now, before even officially entering the pharmaceutical industry, they've already developed new drugs and technologies that monopolize the market.

It seems that he has never seen anyone like Li Jiayuan, who can cause an earthquake in whatever industry he enters.

Qiu Degen looked at his son again. He used to think his son was quite outstanding, and he was always the kind of child that other people admired. But now he just doesn't seem right to him.

Qiu Yun's face darkened when he saw the look in his father's eyes.

Dad, what's wrong with your eyes? If I'm not good enough, isn't it ultimately because your seed is not good enough?
So, is it my fault?
(End of this chapter)