Chapter 579: Sister Axini_1
Two days ago, at the Wen Family’s auction center, Mo Han publicly promised to invest five billion in Fuyuan Pharmaceutical Factory in front of everyone. This was not an impulse decision, but a firm intention to enter the pharmaceutical industry.
The profit margin in pharmaceuticals is exceptionally large, especially in the area of men’s health. As long as one is a man, there isn’t a single one who doesn’t wish to be a money printing machine by day and a pile driver by night.
It was precisely due to the decent effectiveness of Viagra that it has been a global bestseller, making tens of billions of dollars annually.
Fuyuan Pharmaceutical originally gained fame by imitating Viagra, growing from an unknown small factory to a company valued at several billion.
Unfortunately, three years ago, Tao Pharmaceuticals also entered the male health industry. They rose to power using all sorts of measures, and Fuyuan Pharmaceutical, lacking any substantial backing or support, consequently waned and gradually fell into decline.
If it weren’t for Mo Han’s firm investment of five billion in the face of the Tao Family’s blockade, Fuyuan Pharmaceutical might have gone bankrupt in a few days and been acquired by the Tao Family.
Mo Han had thought it through. Although he held the peerless formula for treating men’s health—the Yangqi Elixir—his own name was too unknown, and he didn’t want to be the one making his mark with it.
After much consideration, he felt the most appropriate action was to invite Elder Gui out of retirement to serve as a special advisor for Fuyuan Pharmaceutical Factory.
Although Fuyuan Pharmaceutical had once developed well, its reputation was mediocre. In recent years, it had been severely hit by Tao Pharmaceuticals: no development, no sales.
Thinking of reviving Fuyuan Pharmaceutical from death in a short period of time was nearly impossible.
But if Elder Gui could preside over Fuyuan Pharmaceutical, that would be a different story!