NOVPUB
Chapter 1293: Chapter 1149: I Made Them All Take It Down (Please Subscribe!)
After explanations,
they gradually understood.
It was indeed different from before.
Previously, the focus was on manufacturing filters and then placing them in a polluted environment; this was a method of dealing with polluted gases after their generation. This time, however, it involved a universal product additive that could be incorporated into various raw materials.
Such as formaldehyde.
In the past,
indoor filters were used to filter out formaldehyde in the air, but from now on, this additive, when added to coatings and paints, could completely neutralize and lock in the volatilization of harmful gases.
In other words,
it eliminated these harmful gases right at the source.
This business
would be bigger than the filter market. Previously, the Myanmar Economic Zone had sold such products on a limited scale, but coverage was incomplete. This time, in addition to organic raw materials, the vast majority of inorganic raw materials were also effective.
Only then was it officially launched.
One could say
that in the future,
this solution would permeate every aspect of people’s lives. For instance, wine stored in plastic treated with this solution additive would no longer risk having plasticizers dissolve into the wine.
Its applications were extremely wide.
Soon,
this would become a mandatory national standard in Myanmar.
...
At Nibdu,
Annesley’s Office,
as he watched the live broadcast of the Myanmar Environmental Technology Company’s new product launch on TV, he felt despondent, no, it was more accurate to say he had been in low spirits for a while. Ever since Ling came to power, nothing had gone smoothly.
Regarding this company,
he actually gave it a thumbs-up in his heart.
With just one product,
it transformed an industry, changed the world, only why did such a company emerge in Myanmar, a country that used to be so poor and is now ticking like a wound-up clock?
This year,
Myanmar’s GDP growth rate would surpass Huaxia’s.
Even more, there might be an insane growth rate, because the recently announced Myanmar half-year government work report showed a ninety-one percent increase in GDP growth rate year-over-year for the first half.
That is to say,
this first half-year saw a ninety-one percent increase compared to the first half of last year, and the second half-year was likely to not differ too much from this figure, averaging out to an immense number.
Of course,
he knew
that this was mainly due to Myanmar’s low base—even if it doubled, it would probably not equal even one percent of Huaxia’s growth in numbers—but the speed of growth was fast, a fact in itself.
If this high-speed growth were maintained consistently,
it wouldn’t be long before
Myanmar’s total economic volume would become a significant figure.
Per capita GDP would also skyrocket.
And the United States,
could not enjoy much benefit from this kind of growth. Numerous American companies had reported to him that in the domestic competition in Myanmar, they were almost shunted aside by businesses from the Myanmar Economic Zone.
Large public infrastructure projects were almost monopolized by some Myanmar families, and specialized projects like hydropower, bridges, and tunnels were snatched up at low prices by Huaxia businesses with numerous orders.
Food,
Medicines, 𝙣𝙤𝒗𝙥𝒖𝒃.𝒄𝒐𝒎
Daily necessities,
Service industries,
Low-end manufacturing,
Finance,
Banking,
Energy,
...
American companies were nearly marginalized here, and even the so-called ’high-end’ manufacturing businesses now had their own suppliers through ’empty-shell breeding’.
Like household cars.
Two years ago,
Ling secured a one-hundred-billion loan from Huaxia and invested in a multitude of projects in Huaxia, including energy, heavy industry, and mechanical manufacturing, among which was an automobile factory in cooperation with Faw-Volkswagen. Now, damn it, it had even begun production.
Sales had already begun to return to Myanmar.
Due to the low tariff policy.
In addition, with the promotion of "in-house brands", the current sales volume was very good; Sales heard that the Myanmar Economic Zone was vigorously promoting new energy vehicles, and even gave that Huaxia businessman a special permit.
Annesley now faced not only the pressure from domestic arms dealers.
But there were also pressures from other industry giants.
One head.
Two big.
Just thinking about having to meet Ling in the afternoon.
Annesley massaged his head.
This person.
He felt that going there was just asking for trouble!
...
In the afternoon.
At four o’clock.
Annesley arrived at Ling’s office.
"Mr. Annesley, please take a seat."
After exchanging greetings, Annesley and his Secretary sat down.
Looking at Ling’s smile, he had the feeling of being targeted by a demon, "President Ling, I am here mainly regarding the patent infringement incidents of several medicines by your country’s Myanmar Pharmaceutical Group Company."
"Oh? Is there such a matter?"
Ling feigned ignorance.
’Your controlled Company, you wouldn’t be unaware, would you?’
But Annesley wouldn’t dare to expose him and nodded, "Yes, according to the investigations and evidence gathered by several pharmaceutical companies in our country, we found that this company has been producing and selling sixty-three types of patented medicines without authorization."
"In addition to this company, several other Myanmar pharmaceutical companies have been selling patented medicines that infringe on patents, and a large number of patented drugs that are infringements in our country have also been imported from India, causing great economic losses to our companies."
Patents.
Had always been a money-making tool for American pharmaceutical companies.
With huge interests.
The American health care system was, bluntly put, an ATM for the major pharmaceutical companies, and these companies wished for all countries around the world to be their ATMs, waving the big stick of patents around and asking for money everywhere.
Unfortunately.
There were always some large countries that weren’t afraid.
Like India.
India had been pitifully exploited by those American pharmaceutical companies and later realized that they couldn’t afford the annual costs, so they began to amend their own patent laws.
As long as the preparation process was different.
The generic drugs in India were legal, greatly relieving the financial and foreign exchange pressure on India, and in the face of lawsuits from major pharmaceutical companies, India didn’t care and continued to implement long-term generic drug manufacturing.
Now.
Myanmar hadn’t resorted to acting dishonestly and hadn’t amended its patent laws, but had almost turned a blind eye to the circulation and importation of these generic drugs, you could say, winking at the issue.
The biggest one was Myanmar Pharmaceutical Group.
Currently, forty percent of Myanmar’s medicine supply came from here, with Ling backing them up; those pharmaceutical companies probably thought that the local courts would only deal with the issue perfunctorily, or perhaps not even file a case, so they sent him here.
"I generally don’t interfere with company management issues, however, I have to say your patented drugs are indeed too expensive," said Ling.
Annesley began to complain, "It can’t be helped, the cycle and cost of developing new drugs are too long, and we put a lot of effort into developing new drugs, many of which end up not recouping the costs."
"If we lose money every time, the operations of our pharmaceutical companies will have problems, and if it dampens their enthusiasm for developing new drugs, that would also be a harm to the health of people around the world."
"You’re right, such behavior should indeed be criticized, rest assured, I’ll have someone take care of this matter immediately. Have your company make a list, and at the latest within a month, I’ll have them take all of the products off the shelves," replied Ling.
Ling’s response.
Was so domineering... that it even made Annesley panic.
"Did I say something wrong?" thought Annesley. He had never seen Ling like this before; by the looks of it, he seemed to be serious about cracking down on these generic drug companies.
Could it be...
Did Ling and Myanmar Bank Group have a disagreement?
Was this Ling showing muscle to Myanmar Bank Group?
Annesley’s mind raced.
He quickly thought of this possibility and suddenly felt elated; if this was the case, then he had not only fulfilled the trust of those pharmaceutical giants but also uncovered an internal issue within Myanmar.
Could it be...
The situation here was about to unfold?
Haha.
The trip today was not in vain.
Annesley was very pleased inside.
