Chapter 307, the pharmaceutical industry is a sinkhole
When everyone finally returned to school, it was already 9:01 in the middle of the night.
“No business is more profitable than medicine!”
Ashley jumped and jumped at the front of the foursome, because what she encountered today made her unable to calm down: "Think about the income of her career, surgeons and dentists, they are all firmly ranked in the top two in the entire American career rankings!"
"But this industry is not that simple, Ashley, you must be calm."
Although she was persuading her, Alice still saw with satisfaction that the three friends were all happy. Good friends should share the blessings. Alice's industries are quite a lot, and they are basically given some shares. In other words, if she really set foot in the pharmaceutical industry and really made a lot of money, Ashley and others will also be the direct beneficiaries.
So, they naturally have many suggestions to mention, as Maiya said immediately: "But it is not easy. The pharmaceutical industry is considered a traditional industry worldwide. So Alice, how much do you know about this industry? Have you done a survey?"
Alice immediately gave a positive answer: "Don't worry, I checked it when I asked Drove to start studying the i-virus..."
Xixi muttered, "i, vibrant, what a stupid name."
"...Ahem, but before that, I will briefly explain the market conditions in the pharmaceutical industry all over the world."
This is very important information. For a moment, Sissi stopped complaining, and everyone stared at Alice.
"Five of the top ten pharmaceutical factories in the world belong to the United States. The number one is Pfizer, a multinational pharmaceutical company based on research and development with a history of more than 120 years. It is headquartered in New York and has three main business areas, namely pharmaceutical health care, animal health care, and consumer health care products. When it comes to the most famous products... Ashley, do you think it sounds familiar?"
"Viaco! Wei|Brother! Hu~ha! Alice, why don't we buy this company directly!"
"Slutty, that's for men, what do you mean?"
"Oh~ Xixi~ I am your man~"
"Don't come over here! Don't make that weird accent! Hello!? What are you going to do!? Alice stop her~!"
Even with her eyes closed, she could conceive the picture in her brain. Moreover, Alice was still watching their farce with her own eyes, laughing and hugging Sissi's shoulders. She slapped her hooves and easily forced Ashley to repel the invasion of her teeth and claws: "Hahaha~ I said Wuya, don't you stop it?"
Since she was named, Wuya stepped forward easily, picked up Ashley's collar with one hand, and pulled her aside like a chick.
"You bastards are really good at interrupting me."
Wang Tian held his forehead for a moment, and Alice shook her head: "Continuing the previous topic, Johnson & Johnson, the second largest company in the world, has been established for just 100 years and is also a comprehensive super-large enterprise. Of course, the gap between these leaders has always changed. Although it has ranked second in the past two years, it is okay to reach the first place in a few years, and it is not a fixed thing."
"The Sanofi-Avante Group, a joint venture between Germany and France, is the world's third largest pharmaceutical company and ranks first in Europe. It ranks leading in seven major therapeutic areas, namely cardiovascular disease, thrombosis, oncology, diabetes, central nervous system, internal medicine and vaccines. At present, its business has expanded to nearly 100 countries, and of course this is also related to its geographical location."
"In addition, the Swiss company Gargi is also huge in scale and has a very long history. As early as 1758, Mr. Gargi operated chemicals, dyes and medicines in Basel, Switzerland. Later, the family business grew and became the number one and world-leading behemoth in the pharmaceutical industry in Switzerland."
"Well... there is another UK called GlaxoSmithKline. It represents the highest level in the world today in the four major medical fields of anti-infection, central nervous system, respiratory and gastrointestinal metabolism, and ranks first in the industry in the vaccine field. In addition, the company also ranks as the leading position in the world's consumer health market, with products including over-the-counter drugs, oral care products and nutritional health drinks."
"If you want to say which one of the most important things in the United States is Wyeth. It is one of the world's largest research-based pharmaceutical and health care products companies, headquartered in New Jersey, USA. It occupies a significant position in the research, development, manufacturing and operation of prescription and over-the-counter drugs, and also plays an important role in vaccines, bioengineering, agricultural products and animal health products."
After a long discussion, seeing the three friends were already a little shocked, Alice shrugged and said, "So you see, they are all super giants of a century-old level and global scale. If I rashly hold the finished medicine of iVA and open a pharmaceutical factory to prepare for sale, it will be the rhythm of being acquired every minute."
"Then, we need to take one step at a time."
While walking slowly, Maiya analyzed for Alice intimately: "Alice, do you understand the procedures and preparations required to open a pharmaceutical factory?"
"All companies are the same in terms of company registration and site selection. What the medical industry needs to pay attention to is fda."
In a very organized manner, Alice said to her partners: "As the saying goes, the US Food and Drug Administration, whether we plan to sell medical devices or take drugs directly, we have to go through their supervision and management. At this time, if entrepreneurs can know government officials in relevant departments, they will often save a lot of time and energy. Obviously, our dear Vice President Bush, you can help at this time, as long as I invest millions in his son's oil company... Ahem, you know."
"FDA has a complete set of certification procedures for pharmaceutical products to ensure the safety and effectiveness of new drugs. The general order is that the pharmaceutical company submits research new drug review requests to FDA, and then FDA sends someone to test the new drug. At this time, the human experiment of the new drug has not yet begun - unless you have done a secret illegal experiment - FDA mainly reviews in vitro safety data and animal experimental data to determine whether the drug is safe enough to enter the human experimental stage."
"The human body experiment is divided into four stages. The first stage mainly tests the safety of the drug, the main side effects and metabolic mechanism and other factors. The number of experimental samples is generally less than 200. The second stage mainly tests the effectiveness of the drug to determine whether the drug can effectively act on the human body. At the same time, the safety and toxic side effects of the drug are also objects to be closely observed; at this stage, the number of experimental samples is generally less than 300 and greater than 200."
"If the second phase experiment is encouraging, larger samples will be prepared for testing, that is, the experiment will enter Phase III. Phase III will include different age groups, different populations, and different doses to comprehensively study the safety and effectiveness of the drug. The number of samples in Phase III experiments ranges from hundreds to thousands."
"The last four phases are mainly conducted after the approval of the new drug, mainly testing information such as long-term safety of the drug. When the pharmaceutical company completes human experiments and verifies the safety and effectiveness of the new drug, it will formally submit NDA to FDA, that is, the new drug application."
"At this time, FDA will review all animal and human experimental data, as well as drug resolving mechanism data and production gmp data. If the data is incomplete or unreasonable, it will review it. Under normal circumstances, the entire process will last for about ten months, and consent or rejection will be given."
“So…”
When Alice finished a long speech again and picked up the mineral water from her bag and gulped it, Xixi looked entangled and painful, and said in a long voice: "Just start from the review of the research new drug, the whole process will at least... how long will it take? Two years? Or three years? It will take so long!?"
"This is the medical industry, no matter how cautious it is."
Wuya said calmly: "So this is why only large enterprises with abundant capital can enter this industry, and the current pharmaceutical factories are all super giants with business all over the world. Although FDA was a system that only appeared in the 1930s, and these pharmaceutical factories often have a history of hundreds of years, over the years, if you don't take deep roots in the political circle, you will not believe it yourself, right?"
"So complicated, so complicated, so complicated!"
Ashley also had a big head-on expression on her face, shouting at the top of her voice, and even called a boy who was passing by whom she was sleeping late at night to watch, but no one noticed whether he had hit the telephone pole.
"Alice, hurry up and work hard to save money! Anyway, Professor Drov won't have any results in a short period of time. You should make more money with the investment from Japan. Since the approval of new drugs will take several years to complete, if we can't produce them on a large scale at the beginning, wouldn't it be a loss??"
"The order of the front and back seems to be a little problem, but the basic idea is not a problem..."
Alice giggled and stood there. At this moment, everyone was almost walking to the door of the dormitory building, but now the topic is not something you can chat in the dormitory. At this time, standing in the middle school dormitory area under the night, Alice also suppressed her voice.
"My investments in Japan will be worth hundreds of millions of dollars in cash once I get it, but it will take at least one or two years to bring profits. Professor Delov's research also takes time, and we are just showing signs of new drugs and other things now. So in this blank period..."
She touched her chin, looked at the girl's apartment building in front of her, and thoughtfully said, "Well, our classmates don't have any fuel-efficient lights. People are floating in the world, how can they not have any connections?"
Chapter completed!