The rare disease industry conference lasted for two full days before ending.

On the first day, all participating pharmaceutical companies signed an industry agreement and ensured that all companies would not attack or compete with each other through illegal means, and promised to communicate with each other and work together in unity in the field of rare diseases.

In fact, these pharmaceutical companies do not want everyone to get together to study a certain rare disease, resulting in too many results being produced at one time, and the competition is too fierce and they have to cut prices.

For example, there are only about 300 patients with Fabry disease in China. Two innovative drugs from Sanofi and Takeda are already on the market. After some competition, the cost has dropped from millions to hundreds of thousands.

If another competitor enters this situation, the price will inevitably drop further. This is undoubtedly a situation that the two drugs do not want to see, because 300 patients are divided among three pharmaceutical companies. This market is too small.

, cannot support much profit.

Ideally, unless it is a rare disease with a large number of patients, the average rare disease only has a few hundred patients. It is naturally better for one or two pharmaceutical companies to divide this market, so that the investment will not be repeated and the price can reach a certain level.

A balance that is neither too high nor too low.

Of course, if several pharmaceutical companies really collide, they can only roll up their sleeves and fight on the strength of their strength.

After all, many multinational pharmaceutical companies are generally facing the problem of patent cliff. If they really want to seize the life-saving straw of an innovative drug, they can only ignore it and launch it on the market first.

The patent cliff problem means that the business income of pharmaceutical companies is highly concentrated on certain products, which will bring great pressure when the drugs enter the maturity stage.

Because once the patent protection period ends, generic drugs will seize the market on a large scale. Without the relay of new products, pharmaceutical companies with highly concentrated products are very likely to experience a cliff-like decline in total revenue.

This is why in recent years, multinational pharmaceutical companies have divested themselves of mature products, focused on core businesses, and strive to develop the field of rare diseases.

During this period, there were some disputes about the price of orphan drugs, but overall, the whole situation was suppressed by Sanqing. No one dared to confront Wei Kang in person, for fear of provoking a powerful competitor who would lower their own drugs.

Cruel hand.

The first day is a stage for CEOs of pharmaceutical companies to show off their skills, and the second day is a time for the heads of rare diseases of pharmaceutical companies to learn from each other and exchange technology.

Put aside business competition, immerse yourself in pure technology, exchange the latest developments in related fields with peers, and think of some new ideas. This atmosphere is undoubtedly intoxicating.

At least Tang Que felt like he was not thinking about Shu. He spent the first day doing nothing and being drowsy in the audience.

The next day, he was surrounded by a group of familiar and unfamiliar colleagues in the center, and he was treated like a star.

After all, Sanqing's genetic medicine is really famous, and it attracted the curious eyes of countless colleagues. They all came forward to chat with Tang Que, and the conversation was lively.

Which gene editing tool is better? Have you found a new cas protein? How to overcome some technical difficulties of lentivirus? etc. These are all topics of great interest to technology leaders.

They used the conference hall as a discussion room, where everyone could take turns to speak on stage and accept questions from the audience.

Tang Que was the one who was asked the most questions. His speech was very simple, and he roughly introduced the two genetic drugs of Sanqing. However, the questions came one after another, which made his mouth dry and his throat smoke.

He had to ask for an intermission, and everyone let him go and continued the next round of discussion.

However, this time, the CEOs were distracted and distracted.

They all sit in the corner, open their computers and reply to work emails. From time to time, some people go out to make phone calls. All in all, the business is quite busy.

Wei Kang is one of them. Chemical pharmaceuticals is the field he is familiar with. He does not know much about biopharmaceuticals.

So I took out my laptop and chatted online while doing my work.

This meeting has been reported by many international media and attracted widespread attention.

The media mainly reported on the industry agreement on the first day. As for the technical seminar on the second day, it was too advanced and most of the media could not understand it.

They didn't even write much about the industry agreement, but focused mainly on Weikang. They reported Weikang's aggressive actions such as angrily criticizing multinational pharmaceutical companies, challenging sky-high-priced drugs, and announcing a price limit order in the Huaxia Pharmaceutical market in a high-profile manner.

After a while.

"The Rare Disease Industry Conference was held in Haishi, where major pharmaceutical companies discussed the research and development of new drugs for rare diseases!"

"Shocked! Weicome actually issued a price limit order at the rare disease industry conference!"

“Weikang’s domineering declaration, three sentences cost multinational pharmaceutical companies 100 million!”

"On the feasibility of price limit orders in the pharmaceutical industry."

"Sanqing launches a challenge to the world's sky-high-priced drugs, setting an industry first!"

It instantly aroused the emotions of netizens and set off an Internet craze.

"President Wei is domineering and mighty! He is simply nourishing our country's prestige!"

"That's it. The pharmaceutical industry really needs a price limit order. The government will take action when it's time to take action. We can't just sit idly by and ignore the sky-high price of drugs."

"The pharmaceutical industry is related to the national economy and people's livelihood, and it is also a necessity. Why must food be controlled, but drugs can be set at high prices?"

"Sure enough, ordinary people still have to rely on their own pharmaceutical companies to afford medicines and get sick! You can't count on imported medicines anyway, they will just kill the patients as fat sheep!" Gu Bi

"Even if the cost of developing new drugs is high for pharmaceutical companies, they cannot set prices that are too outrageous. I hope drugs costing 14 million per shot will not appear again!"

"That's right, what's the point of the existence of this kind of drug? If you develop it and no one can afford it, isn't that a waste? Then I would rather you not develop it at all, so that people will not be so desperate!"

"Well, getting a terminal illness is not the most terrifying thing. The most terrifying thing is to find out that the terminal illness you have is a disease of poverty!"

"Life is already so difficult. I hope pharmaceutical companies can give patients a little hope instead of using sky-high-priced drugs to take everything away from the patient and then push him completely into the abyss."

"Support President Wei! President Wei is so socially responsible and worthy of being a national husband. He is a true national entrepreneur."

"The only thing I'm worried about now is that we can't let Mr. Wei sell medicines at a loss. Speaking of whether some Sanqing products should be increased in price, I always feel that they are too cheap, especially skin care products. I often do activities, and I feel like I'm in trouble."

Give money back."

"You are overthinking it. Industry insiders will tell you that Sanqing's skin care products are so cheap mainly because they save a lot of marketing and advertising costs. They use unknown models and do not spend large sums of money to hire celebrity endorsements.

, in order to benefit consumers.”

"What you said above is right. The only traffic star in Sanqing is Mr. Wei himself. He doesn't spend any money at all. The marketing expenses are rounded to about zero, so the cost can naturally be saved a lot. However, I support raising the price of health care products so that you can buy health care products.

People who are good at quality products should not be short of money. Increasing the price can be regarded as supporting terminally ill patients and doing charity."

Netizens are talking a lot and applauding Sanqing’s price limit order.

The news even spread abroad.

Overseas netizens were also shocked and applauded Sanqing's feat.

Especially the netizens of Eagle Country, their eyes were full of tears and they were completely moved by Sanqing's price limit order.

Because the medicines sold in Yingguo were really too expensive, they really felt the same way. It was really painful when the sickle of this sky-high-priced medicine was cut on their bodies.

Moreover, this sky-high price of drugs does not only refer to high-tech innovative drugs such as genetic drugs for rare diseases. Even some old-fashioned drugs that have been available for many years are also very expensive, making them unbearable for most patients.

The most famous example is insulin. 100 years ago, the medical scientist Lord Banting, who invented insulin, sold the patent rights for $1 because he believed that "insulin belongs to all mankind, not myself."

However, in Eagle Country, the price of insulin continues to rise at an incredible rate every year.

The reason is that Eli Lilly, Novo Nordisk, and Sanofi, the three major insulin manufacturers, have completely monopolized the insulin market in Eagle Country.

Note that there are only these three major pharmaceutical companies, and there are no other small pharmaceutical companies. Small pharmaceutical companies cannot enter this market at all.

In the past 25 years, the price of insulin in Eagle Country has increased by more than 10%, and in the last ten years it has increased by 20% per year.

The rollercoaster-like price increase of insulin has forced patients to choose: skip meals, save money to buy insulin, and eventually starve to death? Or eat, buy insulin, and eventually die of diabetes?

There are 34 million people with diabetes in the Eagle Country, more than 7 million of whom are dependent on insulin, and 25% of patients are unable to pay their monthly insulin costs in full.

The most outrageous thing is that the price of insulin in Eagle Country is 10 times higher than that in Maple Leaf Country next door.

According to newspaper reports, a mother from Eagle Country had to take a desperate risk and came to Maple Leaf Country to buy insulin for her 13-year-old daughter with type 1 diabetes. She spent a lump sum of US$1,200 to buy back the insulin that sold for US$12,000 in Eagle Country.

drug.

What does $12,000 mean? The average annual income of a family in Eagle Country is only about $61,000!

For another example, in order to buy cheap insulin, diabetic patients who work in Eagle Country will form a group with other patients to go to Cactus Country. They can buy insulin from San Diego to Tijuana for a round-trip ticket of only 5 US dollars.

A 6-month supply is almost US$100, and if purchased in Eagle Country, it would cost US$1,300 even if medical insurance is used!

Therefore, diabetic patients in Eagle Country are suffering from high-priced medicines. They have seen through the nature of Eagle Country's medical system, which is that the Eagle Country government and pharmaceutical capital are in cahoots.

Now, they saw that Chinese pharmaceutical companies had proactively issued price limit orders, and their eyes were filled with envy.

"Oh God, there is such a great pharmaceutical company in China. Not only does it voluntarily limit prices, but it also cracks down on competitors' high-priced drugs."

"Why don't we in Eagle Country have such a great pharmaceutical company, but only a bunch of greedy and disgusting vampire pharmaceutical companies?"

"Eagle Nation has the best health care system in the world, a mythical human purification system whose purpose is to drive Eagle Nation people bankrupt or dead because they can't afford medicine."

"I have never had the desire to immigrate to China at this moment. I want to be a healthy and happy new Chinese. There is a strong Sanqing there. When you get sick, you don't have to worry about not being able to afford medicine or see a doctor. There is no need to worry about not being able to afford medicine or see a doctor. There is no need to worry about the patients in Eagle Country."

For me, it’s heaven.”

"Brother, you can go to China to see a doctor without immigrating. It's really a great experience. I went there to see a doctor once, and then I fell in love with it and go on vacation every year."

"I really envy you. It seems that I have to work hard and try to go to China for treatment next time I get sick."

"Damn capitalism, after all, is no match for socialism. Now I miss the existence of the red country. It left too early."
Chapter completed!