Chapter 530: Old Acquaintance_1
"Oh?"
As soon as he heard about the pharmaceutical company, Mo Han’s interest was piqued. He put down his clothes, picked up his mobile phone, and spoke, "Tell me the situation."
"Fuyuan Pharmaceutical Factory, the company is in Jiangnan City, but the factory is in Jiangling City. The company has been established for 23 years; it’s an old company that previously mainly made hemorrhoid and skin disease ointments."
"Ten years ago, Fuyuan transformed and entered the male health care drug market by copying Aimeiruike’s Viagra. By virtue of quality and competitive prices, Fuyuan once occupied a quarter share of the domestic male health care drug market, enjoying boundless glory."
"However, three years ago, Fuyuan Pharmaceuticals was investigated for a batch of counterfeit medicines. With Jiangnan City media’s guidance, Fuyuan Pharmaceuticals quickly became an object of public scorn."
"It was also because of this incident that Fuyuan Pharmaceuticals’ market value shrunk from over 8 billion to now 600 million."
Upon hearing this, Mo Han narrowed his eyes, "Jiangnan City media? Old He, I remember you once said that Tao Corporation nearly controls 90% of the media in Jiangnan City. Was Tao Family involved in this matter?"
"I can’t be certain, but there should be!"
He Chen nodded and said, "According to rumors, Chen Fuyuan, the chairman of Fuyuan Pharmaceutical, once went to the Tao Corporation to demand an explanation, but he was turned away in less than half an hour. Strangest of all, a week later, Chen Fuyuan inexplicably had a car accident and broke a leg; now, he walks with a limp."