Liam said, "The largest unentered market is the United States. The FDA’s requirements in the United States are indeed too strict, and the process is very cumbersome. So, it is trickier, but we have already successfully entered its two neighbors, Canada and Mexico. As for the European side, the largest unentered markets that we have there are Germany and the United Kingdom."
As Liam spoke of this, he sighed and said, "In fact, these three countries, namely the United States, the United Kingdom, and Germany, have great potential!”
"Moreover, the consumption of alcohol in these three countries is very high and thus, the probability of their people having stomach discomfort is also much greater. Therefore, demand for all kinds of stomach medicine is also the highest in the world. If our Apothecary Stomach Pill can successfully enter these countries, I expect that our annual sales will exceed two hundred million boxes!"
"Amongst them, our domestic sales will account for about thirty to fifty million boxes, and the rest would all be in the overseas market. In that case, the sales will be around one hundred billion dollars, and the net profit will be about forty-five billion dollars."
Isaac could not help but exclaim, "A drug can sell for one hundred billion dollars a year... This is too scary..."
Liam hurriedly said, "Chairman Cameron, you might not know this, but the global sale of the best-selling drugs is indeed very amazing. In recent years, the global drug sales champion is almost nearly twenty billion US dollars. Amongst the top ten drugs, even the lowest selling drug is also billions of US dollars. If you just take out any one of these globally renowned drugs, you will have an annual sale of more than one billion US dollars."
As he spoke, Liam added, "Our country's gastrointestinal drugs alone cost more than fifty billion dollars a year. If it were to be combined with our country's relatively low drug prices, global gastrointestinal drug sales are estimated to be around five hundred billion dollars a year, and since our Apothecary Stomach Pill is in itself the best effect of its kind, the price overseas is sold at a super high premium. So, based on this calculation, as long as we can enter the global market, it is not difficult to sell one hundred billion dollars a year."
Albert could not help but sigh and say, "It's no wonder why it is said that the pharmaceutical industry is the most profitable. Based on this revenue capacity, even the money printing machine may not be able to catch up at all!"
Isaac laughed and said, "Albert, the pharmaceutical industry has to make money in order to stimulate those pharmaceutical companies to develop even more and better drugs. You should know that the average life expectancy has increased so fast over the past few decades, and a large part of the reason is in fact because it is all supported by a variety of special drugs."
"That's right." Liam also agreed. "The continuous improvement of medical level in recent years is a very important reason for the significant increase in the average life expectancy. Many diseases were still terminal a few decades ago, but now, it has been gradually overcome by modern medicine. Now, regardless of whether it is through medical means or drug development, they have made great contributions in this aspect, and this is why I personally have a huge enthusiasm for the pharmaceutical industry!"
Albert, who was aside, suddenly interjected, "Oh, by the way, I heard that cancer is also about to be conquered now?"
Liam shook his head and smiled as he said, "There are just a few more new treatments including the latest immunotherapy and cell therapy, but it is still far from being conquered. When the treatment of cancer can be as simple as the treatment of common infections, only then can it be called completely conquered."
Albert smiled and said, "I think that with the speed of the development of science now, cancer should be conquered soon!"
Liam said, "In truth, I am not that optimistic about conquering cancer, but I do think that through special drugs and targeted drugs, cancer will gradually be turned into a chronic disease which will allow patients to survive with cancer for a long time, and this will be a major direction for cancer treatment in the future.”
As Liam spoke of this, he said with a look of longing," Think about it. If the future treatment of cancer can be like the current treatment of diabetes, the patient can be ensured to have a relatively long survival time as long as he or she is maintained with drugs. That would already be a great victory in the field of human medicine."
After saying that, Liam continued, "If any pharmaceutical company can develop such a special drug, it will become the most popular and well-loved company by people no matter which country it is!"
When Charlie heard this, he asked Liam curiously," Liam, if any pharmaceutical company can really produce such a special drug, will those countries still require so much for the inbound sales of drugs?”
When Liam heard Charlie's question, he said almost without any hesitation, "Master Wade, if anyone can develop such a drug, I am afraid that any country in the world would desperately invite their products to b e sold in their own country..."
After pausing for a moment, Liam then added," Moreover, when the time comes, if the production capacity of this drug is not enough to support the world's demand, I believe that many countries in the world might even start fighting for the drug quota!"
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