Collin's wopple is the flagship product of Collin Pharmaceutical, and most of its revenue and profits are supported by this medicine.
If it is really beaten by AB wopple, then Collin Pharmaceutical's vitality will definitely be greatly injured.
So someone asked Sunny Collin: "President, we can't just wait and die like this! Do you have any good solutions?"
Collin Sunny said: "There is also a way to deal with it, that is, we must increase investment in drug research and development, and we must quickly upgrade our current products. If our Collin wopple can surpass AB in terms of efficacy. Stomach market must still be ours!"
The person in charge of R&D opened the mouth and said: "My lord, if you want to increase investment in R&D, you need a huge budget. The company was sacked of a lot of money some time ago. Can it still afford it now?"
Sunny Collin said smoothly: "This is what I'm about to tell you. Our current cash flow is not very good. The investment in the production base in Konjaro costs a lot, coupled with the previous accidental losses, which leads us to get it now. The funds invested in research and development are already less than 50 million USD, so my idea is to raise a fund as soon as possible, with at least one billion USD to upgrade our drug R&D laboratory!"
When everyone heard that they were going to raise funds, they all sat up straight. Some people asked, "My lord, do you have a suitable financing partner?"
Sunny Collin nodded and said, "Before, Chairman Gin had been negotiating with Mr. Peron Cela, the patriarch of the Cela family, about financing. Surely everyone knows about this?"
Everyone nodded.
Gin has always wanted to take Cela's investment, and even wanted to become Cela's son-in-law, otherwise he would not spend money to name Leona in the Detan competition, which has long been known by Collin Pharmaceutical.
Even, everyone is ready for the marriage between Collin Pharmaceutical and the Cela family. Unfortunately, Gin disappeared before the marriage was officially advanced.
Everyone thought that the cooperation with the Cela family would be terminated, but they did not expect that Sunny Collin would now start cooperation with the Cela family.
As a result, everyone immediately became interested and asked excitedly: "Sir, don't know what kind of valuation the Cela family can give us?"
Sunny Collin cleared his throat and said, "Mr. Peron Cela of the Cela family is willing to invest US$4.5 billion in Collin Pharmaceutical at a valuation of US$15 billion, which will account for 30% of Collin's total shares after the investment!"
"Valued at 15 billion USD?!"
Everyone couldn't help but talk.
In the beginning, Gin and Cela Peron talked about it, but it was not the price.
At that time, Gin greeted everyone, and his valuation figure was at least US$20 billion.
Why is it suddenly lowered so much now!
Someone questioned: "Mr. President, the Cela family's previous offer was not so low, why did it shrink so much?"
Someone said, "Yeah! At least 22 billion USD is appropriate? A valuation of 15 billion USD is nothing short of robbery…"
Collin Sunny's expression was a bit ugly, and he said: "You have to figure out that we are facing internal and external troubles. It is not just that the president has disappeared for no reason. Another wopple has appeared in this country. If we don't hurry up and raise funds at this time, If we wait for AB wopple to catch us by surprise, then our performance will drop significantly, let alone a valuation of 15 billion USD, even if it is 10 billion USD, it is impossible to get it!"
To be continued...
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