Chapter 1,078 Problems and Crisis in the Medical Field (Part 2)
future....
Looking at the circular logo surrounded by ten light spots on the big screen, he was stunned by the name for a second, and then Fangran slowly calmed down.
So this is the industry of association in reality...
"If Rufus has really turned to the Future Consortium, at this critical juncture, once he does something secretly, it will not only cause problems in the operation of Littonme Company itself,"
"The stock price that we have managed to maintain on Wall Street may collapse in an instant. The worst case scenario..."
He said this very possible conjecture in a solemn tone, imagining the worst possibility of a chain outbreak, imagining that more than one large company would be hit, and a huge amount of money would be lost at the level of tens of billions of dollars.
Tom Hanks felt a heavy and difficult opening:
"It may even trigger an industrial crisis in our entire medical field."
The entire medical field....?
"Why?"
Looking at his unexaggerated appearance, he couldn't understand how a mere person could affect Fiseld's industry in the entire industry. Fangran frowned and looked at Adeline beside him strangely.
"Explanation on this point involves many aspects and is complicated, so I will explain it as briefly as possible,"
Always maintaining the aloofness of an administrator when not alone, Adeline looked at him dignifiedly and answered:
"First of all, there is the issue of 'timeliness'. The molecular chemical structure of the drug must be disclosed to the public. Compared with drugs that once the patent period of a new drug expires, many generic drug manufacturers will flood in, and profits will drop significantly."
"Medical devices have high professional barriers, require multiple patents to work together, are complex to manufacture, and difficult to imitate. If you change medical staff, it will take time to get used to it again, and the replacement cost is high,"
"In addition, after the product is launched, it is constantly improved and upgraded through user feedback, and it relies on the accumulation of time and experience to win the market. Latecomers cannot imitate and surpass, and the life cycle is long,"
"Because of this, if there is a problem with medical devices, the impact will be much more serious and far-reaching,"
"And Rufus Russell, he's the one who can cause this kind of problem."
Timeliness, patents, molecular chemical structure, replacement cost, life cycle... Listening to her say a lot of words that are not easy to understand, like eating and drinking water.
Before Fangran had time to think about it, he heard Adeline continue to speak:
"Secondly, in the medical industry structure, if problems arise in the upstream medical device companies, they will inevitably affect the mid-stream and downstream industries,"
"And once the problems it causes, through market economy channels such as financing, cooperation, and business transactions, it affects Aisim Medical Insurance Company, which cooperates with the insurance field,"
"Leading to a situation where it is difficult to pay doctors and medical institutions,"
"Then our entire industry in the entire medical field will be affected by this."
With her eyes downcast on her cold, snow-white face, Adeline gave a high-level summary of the reasons calmly. She gave examples of possible consequences one by one.
"The impression and reputation have declined, there have been doubts from the outside world, there has been a crisis of trust, and competitors have taken the opportunity to smear... In normal times, we could have mobilized funds to slowly eliminate these effects,"
"But at a time when our stocks are being shorted on a large scale on Wall Street, this factor that may cause the stock price of an entire industry to fall is fatal to us,"
"also..."
"Okay, I understand, you don't need to say any more..."
Sighing interrupted Adeline's explanation. Fangran felt a headache and put his hand on his forehead.
How can you be so brief...
At first I could roughly understand what she was talking about, but then I couldn't understand it at all. I thought it was related to another field.
Knowing that he lacked the necessary knowledge to understand Adeline's words, he decided to ask her in detail later,
In short, he has fully understood the crisis that Rufus Russell can cause (but he has not understood it). Fangran adheres to the simple and rough style of his first day in office,
"Since this person is so dangerous, can't we just fire him?"
"Rufus Russell took his own factory to invest in Litton Medical Medical Devices Company when it was first established. He was one of the earliest shareholders. Although Litton Medical was controlled by Fiseld, he was not able to move it easily.
character,"
Regarding Fangran's proposal, Adeline calmly pointed out the key points that could not be implemented.
"And unfortunately, we don't have the evidence to kick him out at the shareholders' meeting."
That's it....
I sighed in my heart, knowing that if it could be as simple as firing me, there would be no need for me. I understood the current status of the remaining problems in the medical field, but I also knew that the situation was definitely not as simple as what I heard now.
There must be a shadow of association lurking around that Rufus Russell somewhere that I don't know about.
"Well, I already understand the general situation. Please tell me the details,"
Turning his gaze back to the conference table, Fangran looked at the people in the medical department again and nodded.
"About that person and that factory."
"Okay, Mr. Executive."
After Fangran spoke like this, Tom Hanks and several senior officials from the medical department immediately took out various prepared materials and clicked on the projection.
He began to explain to him in detail all kinds of relevant information about Rufus Russell and the factory under Litton's famous name.
"You said that the first reason you noticed something was wrong with him was because you discovered that he always had the factory producing at full speed, but the total order transaction volume had hardly changed?"
After listening to the brief summary of each of their reports, he finally spoke up and asked about their concerns.
And Tom Hanks nodded and replied:
"Yes, it's obvious that Rufus is hiding who we are dealing with. The evidence is the production report we found."
Watching him click on a document and project it on the big screen, Fangran looked at a pure English report translated into Chinese characters,
Medical care equipment based on biotechnology?
An inexplicable feeling flashed through my mind, wondering why the association asked him to secretly produce so many of these things.
"Well, okay, I understand,"
Fangran shook his head after hearing too much messy information, and softly exhaled:
"That's it for today. If you have any questions, I will contact you later."
"OK."
Raising his hand to signal the end of the meeting, he waved away a group of high-level officials from the medical department.
There were only two figures left in the small conference room, one black and one white. Watching everyone leave, Adeline turned her eyes to her side and looked at Fangran asking the same question as yesterday:
"So, Master, what are we going to do now?"
"Before thinking about what to do this time..."
Rubbing the center of his eyebrows, he felt from the bottom of his heart that being a CEO without knowing anything about business was really a headache. After listening to her words, Fang sighed helplessly:
"First give me a study material for basic knowledge."