After being fired, I became the light of medicine

Chapter 209 Elephant Medical: Can we develop a test kit?

Chapter 209 Elephant Medical: Can we develop a test kit?
As more and more people bought the "Lung Du Qing Granules", and after getting the medicine in their hands, everyone realized that if they wanted to detect whether there were any residual "pneumonia virus" proteins in their bodies, they had to go to the hospital and have a blood test.

This is too much trouble.

But if I don’t go to have my blood drawn, should I still take the medicine?

In the end, most ordinary people took the "Lung Du Clearing Granules" for three days with the mentality of "I've already bought it" and "I just want to be safe".

In fact, this is also one of the impacts brought about by the sudden leak of the "pneumonia virus" news and the ultimate "hard landing".

At the beginning, Zhang Yang was eager to launch clinical trials of "Lung Toxin Clearing Granules", so he could only develop the "serum testing method" on the hospital side, which was to draw blood.

After completing the research and development of the "T14 protein" serum detection method, his work focus was placed on the production capacity arrangement of "Lung Toxin Clearing Granules".

Besides, Zhang Yang actually did not expect that the news about the "pneumonia virus" would suddenly leak, and the plan to develop a convenient home-use "T14 protein" test strip has never been put on the agenda.

As a result, there are currently no test strips for "T14 protein" available on the market.

The public's voices gradually grew louder on the Internet, and soon, domestic first- and second-tier biological reagent companies noticed the huge market demand for the "T14 protein" convenient detection kit.

Gene Egg Biology.

GeneDx Biopharma is a listed company on the domestic A-share market with a market value of approximately 50 billion yuan.

The company's main star products are biochemical reagents, chemiluminescence reagents and coagulation reagents.

Here is a brief scientific introduction. When ordinary people go to the hospital to have blood drawn, for example to check liver function or kidney function, the nurse will send the drawn blood sample to the laboratory.

Then,

The laboratory will immediately separate the blood into serum, plasma and cell parts, and then take out the required blood samples and place them into the fully automatic biochemical analyzer.

At this time, the fully automatic biochemical analyzer will automatically inject different detection reagents according to different inspection items, thereby completing the inspection of various blood indicators.

The "detection reagents" used in the "biochemical analyzer" here are the main products of these biological reagent companies.

of course,

In addition to biological testing reagents, most biological reagent companies also sell testing instruments, such as fully automatic biochemical analyzers, fully automatic blood cell analyzers, etc.

It can be said that the situation in the entire industry is similar to that of selling water purifiers. All companies sell both instruments and filter cartridges.

but.

At present, there is a big gap between the strength of major domestic biological reagent companies and foreign companies in "automated testing instruments". On the contrary, testing reagents have become the main battlefield for domestic reagent companies because of their low technical barriers, and price wars are severe!
Therefore, at present, the vast majority of tertiary hospitals purchase all imported instruments from abroad and then use domestic reagents to reduce costs.

In addition, many domestic biological reagent companies have also focused their business on convenient home testing reagents.

For example, common pregnancy test sticks, HIV testing reagents, influenza virus testing reagents, etc.

Therefore, now that the demand for "T14 protein" testing has emerged, major reagent companies not only hope to develop hospital-side testing reagents, but also hope to launch convenient home testing kits as quickly as possible.

GeneDx Biotechnology, in a bright conference room.

All nine board members were present. Chairman Li Xiang sat at the top. After a light cough, he opened this emergency high-level board meeting.

"I won't waste any more time talking nonsense. This time, the board of directors was convened temporarily for only one topic, which is to discuss the detection of the currently popular 'T14 pneumonia virus'!"

As soon as he finished speaking, the remaining eight directors stopped whatever they were doing and looked at Li Xiang.

Li Xiang nodded and continued:
"I believe everyone is very clear about the current situation. In the long run, it is difficult to eliminate the 'T14 pneumonia virus' that can remain in the lungs in a short period of time. In other words, for a long time, everyone will have a large demand for testing."

"At present, Qingshan Pharmaceutical has only provided basic 'serological testing methods' and basic 'testing reagents' to a number of tertiary hospitals, and has no plans to develop any convenient home testing kits. As the Internet says, if you want to test whether there is any 'T14 protein' left in your body, you can only go to the hospital for a blood test!"

"Therefore, there is a huge demand in the market now. I think we should immediately develop a convenient home self-test kit for 'T14 protein' to facilitate patients to test themselves at home. I believe this product will definitely have a huge market prospect!"

Everyone nodded immediately in agreement. Everyone could see such a huge demand!

However, Li Xiang had not finished speaking yet.

He paused for a moment, then continued:

"Other than that!"

"As far as I know, the 'serological test method' provided by Qingshan Pharmaceutical to the hospital is also relatively complicated, with high difficulty and cost. Of course, this is understandable. After all, Qingshan Pharmaceutical is not a professional reagent company. What they provide is a temporary test method!"

"And we are a professional biological reagent company!"

"Therefore, I strongly suggest that we can start from these two aspects immediately, not only developing convenient home detection reagents, but also starting to develop 'T14 protein' detection reagents for hospitals!"

"What do you think?!"

As the words fell, low voices of discussion rang out in the conference room.

However, several directors soon reached a consensus.

"Chairman, although I wanted to develop a convenient home self-test kit before, what you just said is also fine! We can also get involved in hospital-side testing reagents! The two are not in conflict!"

"Yes, I agree."

Li Xiang was quite satisfied and a smile appeared on his face.

Soon, his eyes fell on Liu Ke, the only director in charge of the company's technological research and development.

"Liu Bo, what do you mean?"

Liu Ke is the technical director of the company's biological reagent department and a PhD in biochemistry and molecular biology. Li Xiang attaches great importance to him.

Liu Bo pushed his glasses frame and nodded:
"Chairman, I have no problem."

"However, whether developing biological reagents for hospitals or convenient home self-test kits, the basis is to have a relatively in-depth understanding of the 'pneumonia virus' and the 'T14 protein' remaining in the body, and to have detailed data on the residues in the lungs and blood indicators."

"However, we currently know nothing about the 'pneumonia virus' and the residual 'T14 protein', and there is no relevant data at home or abroad to serve as a reference.
If we want to conduct research and development, we must first rent a P3 laboratory to analyze the basic information of the pneumonia virus. I estimate that it will take at least 1-2 months from product project establishment to product launch. "

"If you add the time for approval, it will probably take at least three months before it can be put on the market for sale!"

Li Xiang nodded.

Since he proposed this idea, he naturally took these issues into consideration.

to be frank,
Although 2-3 months may sound like a long time at first, if you really think about it, as long as you can make it through 2-3 months, it will be pure profit once it goes public!

If you don't start now, you can't wait until your competitors start to make money before you start thinking about research and development, right?
"Liu Bo, I think 2-3 months is acceptable! It's just that the time is tight and the task is heavy, so I'm going to trouble you to lead the team in person again!"

Liu Bo waved his hands hurriedly:
"Chairman, you are too polite!"

"But..." He paused for a moment and said seriously:
"But I have another idea. Hasn't Qingshan Pharmaceutical already developed hospital-side testing reagents and serum testing methods?"

"Although you said it is complicated and costly, Qingshan Pharmaceutical undoubtedly has a lot of data on 'pneumonia virus' and 'T14 protein'!"

"If we can cooperate with Qingshan Pharmaceutical and get their data, I think we can increase the research and development speed to half a month."

"That is to say, it is possible that we can officially launch the product for sale within a month."

"One month!"

Dr. Liu Ke’s words shocked Li Xiang, and then he suddenly understood!
I have to say, this idea does have a strong possibility!
To know,
After Tsingshan Pharmaceutical developed the testing reagents for hospitals, it had no intention of developing convenient home self-testing kits!
To put it bluntly, I look down on these trivial things!
Also!

What kind of company is Qingshan Pharmaceutical?
It is the top biopharmaceutical company in the country and an absolute giant with annual sales profit exceeding 300 billion!

What interest could he have in a business worth only tens of millions or hundreds of millions?
It would be better to sell a few more boxes of Lung Du Qing Granules!

If we talk to Tsingshan Pharmaceutical about technical cooperation at this time and buy the data about "T14 protein" for a fee, we might be able to get it easily!
Thinking of this, Li Xiang suddenly felt excited!
If everything goes well and we can really get the data on "T14 protein" from Tsingshan Pharmaceutical, once our own brand of home self-test kits are first on the market, they will surely be snapped up!
Qingshan Pharmaceuticals may look down on a few hundred million in profits, but for a company with a market value of only 50 billion, a few hundred million is very attractive! !

He said excitedly:

"Liu Bo, you really reminded me!"

"I'll contact Qingshan Pharmaceutical right away... No! I'll fly to Rongcheng myself and talk to Mr. Zhang in person!"

After saying that, Li Xiang stood up and prepared to leave.

But as soon as he stood up, he realized that he had not yet asked the directors for their opinions, so he hurriedly said:
"Does anyone have any other comments to add? If not, then let's adjourn the meeting."

"Okay, let's break up the meeting!"

……

As a second-tier brand of domestic biological reagent testing, GeneDx Bio is eager to make progress.

However, in the entire market, there are many companies that want to make a fortune by getting a piece of the pie of "pneumonia virus" and "T14 protein". Even more, there are many companies that have the same idea as Liu Bo.

And the other side.

Chengdu, Elephant Medical.

After Zhang Yang's initial capital injection and equity changes among the three partners of Elephant Medical, Zhang Yang currently holds 60% of the absolute shares.

Mao Zhiqiang, as the chairman and general manager, holds 20%, and the remaining two, Lao Lu and Lao Liang, each hold 10%.

Although the previous 100% equity was diluted to only 40% by Zhang Yang, the three of them had no complaints and could not even suppress the smiles on their faces.

There is no other reason. After Qingshan Pharmaceutical's "CT contrast agent" was exclusively licensed to Elephant Medical, the sales of Elephant Medical's "nodule contrast CT machine" worth 800 million yuan per unit skyrocketed. The domestic sales volume alone exceeded 100 units in one year, with sales reaching 8 million!
In terms of foreign trade, it has made historic inroads into the Korean market. Samsung Biopharma purchased 10 units at one time, with sales amounting to 1.6 million!
All in all, Elephant Medical’s net profit that year was as high as 1.5 million yuan!

Of course, 1.5 million yuan is just a drop in the bucket for the parent company, Tsingshan Pharmaceutical, but for Elephant Medical, it is definitely a historic moment!

You know, before this, Elephant Medical was even close to bankruptcy!
Even during the fastest years of Elephant Medical's development, the net profit was not that much, not to mention that much cash flow remained in the accounts!

"That's good work, but it's not as good as hugging your thighs!"

In the office, Mao Zhiqiang sat on the sofa and couldn't help sighing.

He will never forget the day when he stopped Mr. Zhang Yang at the gate of Qingshan Pharmaceutical. This was the most correct decision in his life.

but,

After sighing, he took out his mobile phone and began to slowly browse the information on the Internet.

These days, he certainly noticed the news about "pneumonia virus" and "T14 protein", and even noticed that netizens were heatedly discussing the issue of testing reagents.

As he watched, his attention gradually focused on the phone, and he subconsciously picked up a cigarette from the coffee table and lit it.

After a while, another shareholder, Lao Lu, walked into the office.

The strong smell of tobacco may be a torture for others, but for Lao Lu, who is also a long-time smoker, it is an extraordinary enjoyment.

Seeing Mao Zhiqiang sitting on the sofa, he walked over with a smile.

He picked up a cigarette from the coffee table, lit it, and said with a smile:
"Brother Qiang, what are you looking at?"

Mao Zhiqiang shook off the ash lightly without saying anything. Lao Lu leaned over to take a look at Mao Zhiqiang's phone and saw many netizens discussing the "convenient home test kit" on Weibo. He immediately said:

"Brother Qiang, you are also paying attention to this matter!"

Mao Zhiqiang came back to his senses.

"also?"

"You mean you're paying attention to this, too?!"

Lao Lu took a deep puff of his cigarette and sat down on the sofa:
"Hey Brother Qiang, to be honest, my wife has been very anxious these days!"

"She had a slight cold last week, and now she's not sure if she's infected with the pneumonia virus, and she's struggling over whether to take medicine or not!"

"I asked her to go to the hospital for a checkup, but she refused to go, saying there were too many viruses in the hospital and she was afraid of being infected. She also said it would be great if there was a 'convenient home test kit'!"

"If you ask me, she just doesn't want to have her blood drawn."

Mao Zhiqiang smiled immediately:

"Of course. Everyone would be a little reluctant to go to the hospital and get a shot for no reason."

As he spoke, he suddenly sat up straight, looked at Lao Lu, and said in a heavier tone:
"By the way, Lao Lu, let me ask you a serious question!"

"Do you think there's really a market for this 'convenient home test kit'?"

Lao Lu was stunned, and almost without any hesitation:

"Of course! Now everyone can only go to the hospital for a checkup. Just like you said just now, if there are no symptoms, who would be willing to go to the hospital and get a shot for nothing!"

"If there is a test kit that can accurately detect the residues of 'T14 protein', it will definitely be very popular!"

"Well, that's what I thought too!"

Mao Zhiqiang nodded and suddenly said:

"So do you think we can develop a convenient home test kit for this 'T14 protein'?"

(End of this chapter)

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