Chapter 2403: Just hit it hurts
The stock market is a bottomless pit. People scream or cry here every day, and many people commit suicide because of this.
Originally, capital games are not something that ordinary people should play, and it doesn’t matter if they have hobbies. Do you go with the flow? Just make a soy sauce and run away quickly.
As a result, there were a group of professionals who had no reason, each of whom regarded himself as stock gods and professionals, and they always wanted to buy at the bottom and play a big game. The result was that they would never be repaid.
Since ancient times, what has caused oneself to fall into a desperate situation is basically due to greed, except for natural disasters and man-made disasters.
Professionals, plus a huge and scary capital chain, this movement is naturally not very big.
By the time the senior executives of Ruihui Company realized that the stock price had reached a level that they could not control.
Jack stared at the Nasdaq market with a gloomy face, and the little flame in his heart was burning.
He has experienced games and mergers and acquisitions between large companies, but it is usually between peers. But which peer dares to attack them now? He really can't figure it out.
In fact, the development of pharmaceutical companies is a history of the research and development of new drugs. For example, Ruihui, his path to rise is to rely on new drugs.
In 1849, a pair of cousins ​​from Germany, Charles Pfizer and Charles Erhart, founded the Charles Ruihui Company in a double-storey red brick house in Brooklyn, New York with $2,500 in startup capital.
Among them, his cousin Charles Pfizer is a chemist, and his cousin Charles Erhart is a candy businessman. In the early days of his establishment, Ruihui was a chemical company with the main business of producing chemical products. Its main products are iodine, tartaric acid and boric acid.
At that time, due to dietary habits and other reasons, Americans suffered from intestinal parasites. Although the commonly used deworming drug, santonin, had a good effect, tasted very bitter.
As a candy dealer, Charles Erhart keenly smelled this huge demand in the field of anti-worming medicine. After repeated experiments, he finally chose to mix almond toffee with Shandao Nian in an attempt to improve the taste of Shandao Nian with the sweetness of candy.
This transformation has achieved great success and has also made Pfizer famous.
In fact, this is the tower candy, which is still being used in our country. Immediately afterwards, they seized the opportunity of the outbreak of the Civil War in the United States in 1861, and the army's demand for painkillers and preservatives increased, giving Ruihui the first important development opportunity.
During the war, Ruihui provided a large number of products such as tartaric acid, iodine, morphine and chloroform to the Northern Army. The company developed rapidly with the progress of the war. In 1868, Pfizer's revenue doubled compared with before the war, and the production line also expanded significantly.
Then there is the production and development of a series of drugs such as penicillin, oleracillin, etc., which make full use of the opportunities of World War I and World War II.
The Law of the Jungle was fully demonstrated on the rise of this company.
That is R&D that can be developed. If you cannot, you can acquire formula companies. For example, Ruihui spent $90 billion to buy Warner Lambert, which was the largest acquisition at that time.
Through this transaction, Pfizer has included Lipitor, a lipid-lowering drug.
In fact, it is because this is one of the best-selling prescription drugs in the pharmaceutical industry and the first drug in the history of pharmaceuticals to sell over 10 billion US dollars. Lipitor, a drug, contributed 20% of Ruihui's revenue, and helped Pfizer become the first in the United States and the second largest pharmaceutical company in the world.
Then the 21st century entered the 21st century. Ruihui, which seemed to be smooth sailing, faced many severe challenges. The company's revenue was declining.
What's worse is that the patent of the "money cow" Lipitor will expire in March 2010, and the drug's revenue may drop sharply by 40%.
So Ruihui fell in love with Famacia's arthritis drugs Celebrex and Bextra. In 2003, Pfizer acquired Pharmacia for US$60 billion.
Since high doses of celecoxib may increase the risk of heart disease and stroke, celecoxib did not become Ruihui's second Lipitor.
Without internal growth capabilities, Pfizer continued to develop through external mergers and acquisitions. His former competitor Wyeth entered its vision.
In 2008, Wyeth's antidepressant drug Enos and gastroenterology drug pantoprazole had sales of US$3.9 billion and US$2.7 billion respectively. The world's highest-selling vaccine "Peer", and the prescription drug "Enli" is also its product.
On January 26, 2009, Ruihui acquired its interbank Wyeth through shares and cash and entered the biopharmaceutical field, becoming the world's number one pharmaceutical company.
At that time, Ruihui and Wyeth's sales were US$48.3 billion and US$23 billion respectively. After the acquisition of Wyeth, Pfizer transformed from a chemical drug giant to a biopharmaceutical giant, making up for the homework that had been lagging behind by nearly 20 years.
In fact, capital is like this. No matter how high the slogans are, they cannot change their plundering nature.
Faced with such a company, Ye Feng will naturally be ruthless.
Regardless of whether Jack reported this to the board of directors or not, the board of directors would soon know.
Although there are professional managers, the big guys don’t care about anything else, but naturally they won’t care about the shrinking of their money bags.
In the face of interests, my mother is not good, let alone a hired manager.
So Jack was called to the board of directors and asked him to state the story.
No one is a fool. Although he is fat, he may be targeted at any time, but he will never be for no reason. The cause of the incident is definitely related to the manager.
Jack was confused and at a loss in the face of the big guys' doubts. He wanted to explain everything about his date with a woman and taking a few more tablets of Viagra.
It's right that he acts high-profile, but he doesn't seem to have a grudge with anyone? So, he doesn't think this matter has anything to do with him.
After sorting out all the companies in Europe and the United States, everyone was confused, but no company had this motivation? The key is to harm others and not benefit oneself.
Although Ruihui Company's stock was suppressed, no one was found to acquire it in large quantities? It seemed that retail investors were trying to make trouble there.
The chairman suddenly received a call at this time, which was called by Ye Feng, and his words were very simple:
"Mr. Charles, I am Ye Feng from my brother's company. I have acquired 30% of your company's shares. I think we need to talk about it."
Charles was stunned. At first he didn't think of who Ye Feng was? When he thought about the brothers' company in front, he suddenly became stupid.
After a while, Charles asked with difficulty:
"Mr. Ye Feng, your company does not seem to have any pharmaceutical-related industries? Why do you do this?"
Ye Feng bluntly: "Jack ran to the Military Reclamation City to show off his power, this is the price you should pay! If you guys think it is not enough, I can continue."
It's the end of the month, please
Chapter completed!