Generally speaking, dealing with a huge pharmaceutical company is a pain in the neck. Thus, most of the developers would rather sell their patent in a one-off transaction.
After all, if the pharmaceutical company developed similar formulation, the original formulation of the developer would be worthless. Therefore, the one-off deal was still acceptable. After all, it was better than nothing.
For example, Bald Eagle Pharma bought Alstom Antibiotic in a one-off manner.
Although buying the patent in a one-off way was the norm, there were some exceptions to the case.
The pharmaceutical company would still agree on profit distribution if the patent had great potential to generate high profit to the company. Of course, this would only happen once in a blue moon.
However, now, Norton actually promised to purchase the patent using profit distribution.
Loomis Chuang was astounded. He didn't think that the Ephedra Syrup would be this important.
For a moment, he couldn't believe what he heard. He stared at Norton in disbelief. He was at a loss
for words.
Fade was lost in thought. Although he didn't know much about the inner workings of the pharmaceutical industry, he knew that Norton's offer was obviously better than the 50 million dollars deal from before.
After a short silence, Fade shook his head and rejected once more, "I'll say it again. I won't sell it."
Now, even Norton was surprised. An odd emotion flashed across his smiling face. He looked at Fade and repeated, "Mr. Chen, I don't think that you understand the value of this offer."
Loomis added right away, "Fade, listen carefully. This is a profit distribution contract with the Bald Eagle Pharma. You will instantly receive one billion dollars. What's more, you will get 5 percent of the total profit!"
"You know clearly that Bald Eagle Pharma is world-renowned. Taking Alstom Antibiotics as a basis, from just one-third of the total sales, you can already earn up to one billion dollars' worth of income in a year!"
"This is such a generous offer. Please reconsider your decision." Loomis said. He wished that he could straight up agree to this offer on behalf of Fade.
However, after listening to Loomis, Fade was determined. He shook his head and insisted, "I'll say it again. I won't sell it."
"Why? That will earn you a couple of billions of dollars!" Loomis couldn't help but question.
Fade's face turned cold. He looked at Loomis and asked, "Why? Aren't you ashamed to ask me why?" "A couple of billions of dollars annually is a huge amount of money for me. But Bald Eagle Pharma would be getting much more than this."
"I believe that we are aware of the origins of this offer price. The antibiotics incident in Dragonville had recently just passed. I still remember how you forced the market to raise the price for the antibiotics."
"Although I like money, I have no interest in dirty cash, especially the kind of cash extorted from your own people." Fade thundered, "Leave. Now! If you still refuse to leave, don't blame me for being harsh."
Loomis couldn't understand Fade. In his opinion, the previous incidents were common business tactics, and he had long been used to it. He didn't care for those who fell ill or died because of their own actions. After all, making money was his first priority.
Therefore, Loomis still wanted to persuade Fade.
Nevertheless, before he could speak, Norton stopped him and left without saying another word.
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