Chapter 1762: One hundred billion a year is not a difficult task!

After Ye Chen and Lai Qinghua said their goodbyes on the phone, Chen Zekai also drove the car to the entrance of Tianxiangfu.

Coming out to greet them together with Hong Wu was Wei Liang, the general manager of Jiuxuan Pharmaceutical.

Seeing Ye Chen, Wei Liang hurriedly stepped forward respectfully and said: "Master Ye!"

Ye Chen did not expect Wei Liang to arrive so quickly, and couldn't help but laugh: "Why did you arrive so quickly?"

Wei Liang hurriedly said: "Mr. Chen said you were looking for me for something, so I rushed over."

Ye Chen nodded and laughed: "Looking for you to chat about the new medicine, let's go in and talk."

Hong Wu hurriedly said: "Master Ye, the diamond private room is already prepared, please!"

Ye Chen then said: "Let's all go together."

Several people went to the diamond private room with Ye Chen. After taking their seats, Ye Chen went straight to the point and asked Wei Liang: "How is the recent operation of Jiuxuan Pharmaceutical?"

Wei Liang could not hide his excitement and said: "Master Ye, our Jiuxuan Stomach Powder is selling very well now, and it has successfully entered the markets of some developed countries in Europe and America. The global monthly sales exceed 2 billion RMB, and it is still rising continuously. There is definitely no problem with annual sales breaking through 30 billion."

Ye Chen didn't feel much upon hearing this data, but Chen Zekai asked in shock: "Just Jiuxuan Stomach Powder alone has global monthly sales exceeding 2 billion RMB?"

Wei Liang laughed: "Mr. Chen, this is only the situation where we have only entered half of the developed countries in Europe and America. You must know that Jiuxuan Stomach Powder overseas, regardless of the currency of any country, the actual pricing converted to the US dollar exchange rate is about 100 US dollars, which is about 600 RMB. After deducting production costs, tariffs, and corporate income tax, and then deducting channel fees, publicity fees, and logistics fees, the net profit is about 40% to 50%."

Chen Zekai couldn't help but exclaim: "If all the European and American countries are captured, wouldn't it possibly double?"

"Yes." Wei Liang explained: "Many European and American countries have relatively strict approval for imported drugs from overseas. They require us to provide relatively complete pharmacological experiments and clinical trial data, and even pharmacokinetics data. What is most headache-inducing is that they require us to disclose the prescription. We are still negotiating with relevant local institutions about this."

Ye Chen said indifferently: "The prescription of Jiuxuan Pharmaceutical is absolutely impossible to be leaked. They don't even need to think about this point."

Wei Liang said with some difficulty: "But Master Ye... if the other party insists, and we don't agree, they won't approve our drugs to be listed in their country."

Ye Chen asked back: "Are there no exceptions to this policy?"

"There are some..." Wei Liang explained: "If it is a special drug for major diseases with a high mortality rate, in some cases, it can obtain special approval. However, those are basically some severe diseases targeting cancer, cardiovascular and cerebrovascular diseases with high mortality rates, or chronic diseases like diabetes that require long-term medication. If there are special drugs in these fields, they will generally open a gap to let the medicine in first."

Speaking of this, Wei Liang said embarrassedly: "However, our Jiuxuan Stomach Powder doesn't reach this level of urgency. After all, this belongs to a stomach medicine of the conditioning type, more to solve the long-term or sudden stomach discomfort and indigestion symptoms of patients. These cannot be counted as major diseases."

Ye Chen nodded and asked him: "Which countries haven't been entered yet?"

Wei Liang said: "The biggest unentered market is the United States. The requirements of the US FDA are indeed too strict, and the process is very cumbersome, so it is relatively tricky. However, we have successfully entered its two neighbors, Canada and Mexico. As for Europe, the biggest unentered markets are Germany and the United Kingdom."

Speaking of this, Wei Liang sighed: "Actually, the potential of these three countries, the United States, the United Kingdom, and Germany, is very great!"

"Moreover, the alcohol consumption in these three countries is very high, so the probability of their citizens having stomach discomfort is also much higher, and the demand for various stomach medicines is also the highest in the world. If our Jiuxuan Stomach Powder can successfully enter these countries, then I estimate that our annual sales will break through 200 million boxes!"

"Among them, domestic sales account for about 30 to 50 million boxes, and the rest are all in the overseas market. In that case, the sales will be around 100 billion, and the net profit will be about 45 billion."

Chen Zekai couldn't help but exclaim: "Selling 100 billion a year for one medicine... this is too scary..."

Wei Liang hurriedly said: "Mr. Chen doesn't know, the sales of global best-selling drugs are indeed amazing. In recent years, the global drug sales champion has been nearly 20 billion US dollars. In the top ten, the lowest is also several billion US dollars. Those globally famous drugs, any one of them, have annual sales of over 1 billion US dollars."

As he spoke, Wei Liang added: "In our country, gastrointestinal medicine alone exceeds 50 billion RMB a year. Combined with the relatively low drug prices in our country, the annual sales of global gastrointestinal medicine are estimated to be around 500 billion RMB. And our Jiuxuan Stomach Powder is the one with the best effect, and the price sold overseas is a super-high premium. So, calculating this way, as long as we can enter the global market, selling 100 billion RMB a year is not a difficult task."

Hong Wu couldn't help but sigh: "No wonder they say the pharmaceutical industry is the most profitable. This revenue capability, even a money printing machine might not be able to keep up!"

Chen Zekai laughed: "Hong Wu, the pharmaceutical industry must make money to stimulate those pharmaceutical companies to develop more and better drugs. You must know that the reason why life expectancy can increase so fast in these decades is largely supported by various special drugs."

"That's right." Wei Liang also agreed and said: "The continuous improvement of medical standards in these years is a very important reason for the significant increase in life expectancy. Many diseases were still terminal illnesses decades ago, but now they have been gradually conquered by modern medicine. Both medical means and drug research and development have made great contributions. This is also the key to why I personally have huge enthusiasm for the pharmaceutical industry!"

Hong Wu suddenly interjected from the side: "Hey, by the way, I heard that cancer is also going to be conquered now?"

Wei Liang shook his head and laughed: "There are just some new treatment methods, including the latest immunotherapy and cell therapy, but it is far from the level of being conquered. Only when treating cancer becomes as simple as treating ordinary infections can it be called completely conquered."

Hong Wu laughed and said: "I think with the current development speed of science, conquering cancer should be soon!"

Wei Liang said solemnly: "Actually, I am personally not that optimistic about conquering cancer. However, I think that through special drugs and targeted drugs, gradually turning cancer into a chronic disease and allowing patients to live with cancer for a long time will be a major direction for cancer treatment in the future."

Speaking of this, Wei Liang said with longing: "Everyone think about it, if treating cancer in the future can be like treating diabetes now, as long as patients use drugs to maintain it, they can guarantee a relatively long survival time, that would already be a huge victory in the field of human medicine."

As he spoke, Wei Liang continued: "If any pharmaceutical company can develop such a special drug, no matter in any country, it will become the most popular and beloved company by the public!"

Ye Chen heard this and asked him curiously: "Wei Liang, if any company can really produce such a special drug, would those countries still have so many requirements for the entry and sale of drugs?"

Hearing Ye Chen's question, Wei Liang said almost without thinking: "Master Ye, whoever can develop such a drug, I'm afraid any country in the world would desperately invite their products to enter their country for sale..."

After a pause, Wei Liang added: "Moreover, if the production capacity of this drug is not enough to support the global demand, then I believe many countries might even fight for the drug quota!" ===== CHAPTER 1763 =====