Chapter 388

Frankie arrived at xizhaizi Township, Xi county, Nanhu City, Hedong Province before the 15th day of the first month.

Along the way, he first flew from London to Hong Kong, then transferred to Beijing, then took a plane from Beijing to Pingjiang, then took a train from Pingjiang to Nanhu, finally took a bus to Xi county, and then bumped all the way to xizhaizi township.

Even though he had been to China several times, it took Frankie four days to see Yang Rui. Under his fat pouch, he was deeply tired.

"Mr. Yang Rui, meet again." Frankie, with his stomach in his arms, sat in the yard of the Yang family, looking at the withered green bricks and the red lanterns that had just been hung up. He said with a smile, "your family is very beautiful, very Chinese."

Yang Rui said with a smile, "in today's China, you can't look at things that are not Chinese."

"China has changed a lot since I first came to China."

Yang Rui laughed, pointed to Frankie and said, "you have learned a lot more than you did when you first came to China. Nowadays, Chinese people always like to talk about change. In fact, how many impressive changes can take place in more than a year? It's just the self entertainment of politicians and those who are treated by politicians. "

Frankie embarrassed smile, immediately feel the edge of Yang Rui.

This is quite different from what Frankie had seen before.

In fact, it is different. Yang Rui, who owns Huarui laboratory, has published better papers than ordinary teachers in Peking University. To some extent, Yang Rui now has the right to speak in Chinese academic circles.

He not only has the right to speak, but now he has received a year's dividend and has money in his hand, which makes Yang Rui very confident.

Frankie felt Yang Rui's edge, so he followed his words, talked about the changes, and said with a smile: "I have come to China many times. In your words, I am a China expert in front of me. However, every time I come to China, whenever I deal with Chinese bureaucrats or journalists, there is an eternal topic, that is, the display of achievements. "

Frankie said with a smile: "when I first saw it, I thought it was really interesting. In the past few years, China has built a lot of modern factories and buildings. I remember that when I visited Tianjin for the first time, I saw four factories, which were very beautiful..."

"But if I watch too much, I feel like vomiting?" Yang Rui interjected.

Frankie laughs: "not really, but it's a bit of a waste of time."

"Understandably, for a foreigner, it's really meaningless for a Chinese to build a building in a few days, or to build a new building at the crossroads."

"No, I'm still concerned about China's construction."

"I don't care about foreign countries, such as Myanmar. If I go to Myanmar, my first concern should be security, secondly, whether I can make money, thirdly, whether my living environment is comfortable. As for the development of Myanmar and the happiness of Myanmar people, it has nothing to do with the businessmen in Myanmar, right? "

"I still hope that China can develop. Cooperation is a long-term task. Only when our partners develop can we have better development. This is my point of view," he said

With a light smile, Yang Rui said, "the sun never sets, and the Empire has been prosperous for a hundred years. In addition to the transportation and service industry, the British Empire does not even care about its people, let alone the living conditions of the Far East people."

Frankie was speechless.

At the end of the greeting, Yang ruicai asked him about the specific idea of the development entrusted by jerichon.

Frankie wakes up, but his momentum is gone. In his first sentence, he says, "we plan to invest a lot of money in the acquisition of a biological products company and inject it into your laboratory to jointly develop the next generation of coenzyme Q10 production process."

"Next generation production process? Which do you want to develop? "

This involves the acquisition of companies, Frankie hesitated slightly, immediately said: "at present, there are several biological products companies that study microbial culture and chemical synthesis, and we are conducting analysis and evaluation. Once successful, we hope you can work with our new team to develop a new production process for coenzyme Q10. "

"That is to say, if you buy a microbial culture company, I will cooperate with you to develop a new production process of microbial culture. On the contrary, if you buy a chemical synthesis company, I will cooperate with you to develop a chemical synthesis company?"

"Generally speaking, our team will evaluate which production process is more promising." "Our team is very experienced and it's not easy to waste the company's money," said Frankie, taking a breathAcquisition is Jielikang's favorite scientific research means, so they have first-class scientific search institutions, first-class technical evaluation team and first-class negotiation experts.

Investment in China itself is an investment of Jielikang, which is good at capital M & A.

However, no one can guarantee the purchase. At least Yang Rui knows that within 30 years, the future of chemical synthesis is limited.

In fact, since the late 1960s, there have been various papers on chemical synthesis, but their synthetic routes are either too expensive or too many impurities to be used in industrial production.

Of course, if there is a huge investment, we will have a chance to break through the history if we start to re study the chemical synthesis method now.

Yang Rui pondered for a while, did not say anything more, said: "I still have a job in the domestic laboratory, temporarily unable to leave."

"It doesn't matter to cooperate remotely." Although network technology is not mature, remote cooperation has been carried out for a long time, especially in European countries, the proportion of cooperative experiments is very high.

Yang Rui nodded: "if you want me to participate, how to distribute the rights and interests?"

This is to the core.

Frankie perked up and asked, "are you willing to contribute?"

"How about investing, how about not?"

"If you contribute, you can have a corresponding proportion of shares in the acquired company. In addition, we can appropriately increase the proportion of shares in the research projects you participate in."

This is partnership business. If the company acquired by Jielikang has a bright future, or if the acquired company makes great achievements in the following project research, Yang Rui will naturally make a small profit, but if there is no future, he will inevitably lose back.

Yang Rui got $4 million in dividends, which is easy to use for personal consumption or to support the current laboratory, but it is a drop in the ocean for international acquisition.

80 S is the stage of rapid development of biological products companies. Most of the companies have high valuations. Small companies with 20 million or even 50 million US dollars can be found everywhere. An American Biological company with 20 researchers who have made some achievements often asks for hundreds of millions of dollars.

Coenzyme Q10 is a partial industry in biological products. In Japan, coenzyme Q10 is listed as a drug, but the United States and the United Kingdom are still dietary supplements, which is the so-called health care drug in China. The technology price of such a company is relatively low, but it will cost at least several million US dollars. With the other value of the company, Yang Rui will get 20-30% of the shares at most if he takes out 2 million US dollars.

Of course, it is also very possible to find a merger and acquisition company, spend hundreds of millions to buy a company, and then tear down what you want and sell what you don't want.

This kind of game is a headache for people who can watch the accounting alone.

Yang Rui shook his head and said, "let's take the part that is not invested."

"Jerichon can get a $500000 sponsorship, but you have to ensure smooth communication with the new company, and the results belong to jerichon." Frankie put forward a new plan. This is a contract that professors in American universities can often get. For most researchers, what they need is reputation and achievements. We don't care about the economic benefits of the achievements themselves.

Researchers who want to make money either join big companies directly, or join big companies after gaining prestige and fame, or even start businesses directly.

It is very lucky for researchers in any country that companies are willing to sponsor research. After all, only when the research is successful can it produce results. If it is not successful, the money will be wasted. Most of the time, the research will be between success and failure - researchers can still write papers based on the experiments and gain fame. Unsuccessful experiments also cost money and are also valuable. And investors naturally have nothing to lose.

Yang Rui also got such a pure sponsorship contract because he had two successful cooperation with jerichon and showed excellent research ability in Huarui laboratory.

In American or British universities, such a contract can also attract a few pairs of envious eyes.

For pure researchers, it's perfect to be sponsored by big companies. After all, even Nobel Prize winners can't guarantee the success of their next project.

More accurately, most of the Nobel Prize winners are good at deceiving funds, and the perfect projects they say are the ones that make the most money. Sometimes, they even give a skin to the basic research they want to do, and then exchange it for sponsorship. In the end, even if they make something, the sponsoring company can't cash it out.

If he can't be sure of success, Yang Rui is willing to accept pure sponsorship. Anyway, the money is given to him. He doesn't have to return the equipment he bought with the money. If it's a fund with less strict review, such as the natural science foundation of China before 2010, it's OK to take money to buy a car to drive. It's reasonable to rent a Mercedes Benz or BMW for a long time.However, Yang Rui's real advantage is to be sure of success. Although the paper in his mind can not be used for factory production, as long as he has a research idea and some papers on technological process, it is not difficult to repeat each production link, at least it is much smaller than acquiring a company and studying it from scratch.

If Jielikang chooses chemical synthesis method, the difficulty is extremely different.

So, just when Yang Rui thought so long that Frankie thought he would agree, Yang Rui said, "I'm still willing to be an... Independent contractor."

It's a bit of an American word. Frankie immediately understood it, thought about it, and said, "don't you want to work with other teams?"

"I have my own team and I'm excellent." Yang Rui's confident smile.

"We can accept that two teams work on this project at the same time. Do you want to get a share?" In pharmaceutical companies, it is very common for two or even four teams to do the same project at the same time, because it is difficult for a smart manager to determine which route is right. For example, the research and development of coenzyme Q10 can include chemical synthesis method and microbial culture method, and there are multiple routes in chemical synthesis method and microbial culture method, Researchers will choose the best route to promote R & D, but no one can say which one will ultimately achieve the goal.

Therefore, multiple teams working on a project is like venture capital investing in multiple companies at the same time. It costs a lot of money, but increases the success rate. As long as one route is successful, all costs can be recovered.

On the other hand, multiple teams don't just spend more money. They always work out something. As long as they apply for a patent, even if they can't cash it out immediately, they may receive the money one day. For example, Viagra was originally used as a heart medicine, but the effect was not so good. As a result, it was used to fight ed, but it became a "blockbuster" with an annual sales of more than 1 billion.

Yang Rui nodded and said, "you have paid 400000 US dollars, and we each account for half of what you have achieved."

Different from the $500000 sponsorship, Yang Rui's independent research and development saves the cost of the cooperation team, or it means that he has an additional research and development team. Normally, Yang Rui's energy and brain power will increase.

On the other hand, the US $500000 sponsorship is just an early investment. If it is just half done, and the prospect is bright but the results are not achieved, jerichon should increase the investment, or it has to increase the investment. Otherwise, the research team has the right to take what it has and find other investors to continue to do this research.

Many research teams use this method to get investors' money, and it's not uncommon for them to catch $50 million with $500000.

In the way of independent contractor, Jielikang does not need to consider the later stage investment except for us $400000. If the prospect is bright and the results are not achieved, Yang Rui will have to invest his own money or sell his shares to other investors. Of course, if jerichon is willing to continue to invest, Yang Rui will have to give up all or part of his shares, which is equivalent to a phased sponsorship contract that jerichon has the right to choose.

Of course, it's not enough for Frankie to get half of the shares with the same amount of capital. You can bargain with each other.

The sound of English in the yard soon attracted curious neighbors. Because Comrade Yang Feng is the Secretary of the township party committee, we didn't stop at the door. We just stood in the corner to listen to the news. People who didn't know it thought they were queuing up to give gifts to the Yang family.

Rui's mother didn't know what Yang Rui was talking about, so she felt that BEI'ER had face. As soon as she picked up the food basket, she went out to hang around.

……