Omniscient Investment Point - Chapter 226



Only Noblemtl

226. NASDAQ Hit Listing, and What Happened After – 3

(1)

Lee Seong-yong was a person who avoided management without a plan.

So before, during, and after coming to the United States, when I heard about Dr. Carty’s visionary plan, I couldn’t help but praise him.

For reference, his plan for this year was summarized as follows:

Step 1: Using the funds secured after listing, we will accelerate the clinical phase 2b. The target is the first half of this year.

Step 2: Invest more money in the defense team and win the lawsuit against Shinra Pharmaceutical.

Phase 3, after rapid approval of clinical b and removal of litigation risk, enter phase 3 without any hiccups.

However, from Phase 3 onwards, a somewhat vague plan was established due to funding execution.

By administering it to approximately one thousand pancreatic cancer patients, the success rate will be increased… … .

When the plan was put into practice, it became a little clearer.

“We plan to administer the drug to 5,000 people in the phase 3 clinical trial.”

“Wow, that’s a good idea. Hahaha.”

The target dose was expanded fivefold.

It was clear that this conclusion was reached after discussion with Bae Jong-hyun.

‘I will be among those 5,000 people.’

After hearing Lee Seong-yong’s supplementary plan on the return flight, I was truly hoping for the success of Phase 3.

So, I suggested another way to get rid of the annoying Silla restrictions.

“Have you ever planned to acquire Shilla Pharmaceuticals?”

“uh?”

He looks slightly surprised, as if my suggestion came as a surprise.

“Not at all.”

“Then how about we start planning now?”

“Well, Shilla Pharmaceuticals’ market capitalization alone is over 1.5 trillion won.”

“It has gone down a lot recently. It’s 1.2 trillion.”

“Is that so?”

“You’re not even interested in listing on our country’s stock market. Hahaha.”

“haha…….”

I spoke to Lee Seong-yong, who was smiling awkwardly, in a more powerful voice.

“As the first phase continued to be rejected, the stocks that had risen due to that momentum plummeted.”

“Ah… I heard that news. They included Kartip, and the Ministry of Food and Drug Safety rejected it one after another.”

“Yes, so for now we have excluded Kartip.”

Here, Bae Jong-hyun, who had been pretending to sleep with his eyes closed, suddenly barged in.

“It’s omega-venib. It’s also a key substance discovered by our research team. Of course, it’s used elsewhere after that… … .”

“Yes, yes, that’s right.”

Bae Jong-hyun, who seems not to be listening, but keeps his ears open.

I nodded and snickered as I asked him the question.

“Then, what about the new drug combined with omegavenib? What kind of effect will it have?”

“We will develop a metabolic anticancer drug that is not related to pancreatic cancer.”

“aha.”

Those words made me want to slap my knee!

In fact, the reason Kartip received more attention in this listing is because it was an anticancer drug that was effective against pancreatic cancer.

From the first to the third generation, no anticancer drug was developed specifically for the treatment of pancreatic cancer.

In a word, they all failed.

“Then even if it is successful in clinical trials, it won’t be evaluated as highly as ours.”

The most important modifier in the pharmaceutical and biotechnology industry was ‘first.’

Give it up?

In the end, it’s no different from taking a step back.

“Yes, that’s right. Moreover, it is impossible to predict what the results will be like if you change just one candidate substance in anticancer drugs.”

“That means… … .”

“Phase 1 may be approved by focusing on stability, but that means it won’t be easy starting from phase 2.”

Bae Jong-hyun was the type of person who didn’t speak up if he didn’t have confidence.

So I let out an excited voice.

“Then it’s even better.”

“Well, I don’t want to clap my hands at other people’s misfortune, but I really don’t like the personality of that person’s representative… … .”

Seeing Bae Jong-hyun cut his words short, Lee Seong-yong also chimes in.

“Yes, that’s right. To be honest, CEO Sung is someone who doesn’t even know the first word of management. He’s been able to hold on well so far because he has connections at the Ministry of Food and Drug Safety and a position in the pharmaceutical cartel, but it won’t be easy from now on.”

“Is that so?”

“Yes, my friend at the Ministry of Food and Drug Safety transferred to another department. He happened to be in the new drug development approval department.”

“yes…….”

As I think back, I think I had a friend like that.

‘Well, that’s why it kept getting rejected in the first round.’

Networking is important.

Although it is more important in less developed societies, even in the United States and the West, personal connections often play a role in critical situations.

Some call it a cartel, and what country can escape that word?

At this point, my consciousness was briefly lost, and then Lee Seong-yong asked me a question.

“Anyway, what about the acquisition of Shilla Pharmaceuticals that you mentioned earlier? Do you have any other plans?”

“The plan is to keep making plans until you get to the ring. But isn’t the situation different now? You mentioned Shinra Pharmaceutical’s market capitalization earlier, but if you think about it, it’s only 1/45th of our Dr. Carty’s.”

“Ah… , yeah, that’s right.”

The value of Dr. Carty increased so quickly that Lee Sung-yong seemed to overlook it.

Also, there was one more thing he didn’t know.

“And in the US, major shareholders are more free to dispose of their stocks than in Korea. Moreover, if the justification is to acquire Shinla Pharmaceuticals, there will be many investors who will support it.”

At these words, Lee Seong-yong and Bae Jong-hyeon’s eyes sparkled.

It may be because unexpected things kept knocking on their hearts.

“hmm…….”

“Is that really true?”

“It’s simple if you put yourself in the other person’s shoes. We’re investors, and the target of our investment is acquiring a specific company to reduce litigation risk. Do you think you’d invest or not?”

“and…….”

“haha…….”

The two people’s exclamations and awkward laughter seemed to answer me.

So I said.

“How? Should we just try it as soon as we get in?”

Both of them immediately nodded to my question.

‘I like the shape.’

I liked it too, and smiled.

(2)

On the way home, I got a call from my wife.

– Brother, come to your mother’s house.

It meant we were going to have dinner there.

‘That’s good.’

The reason I thought this.

Because I was able to explain Dr. Carty’s NASDAQ listing in detail to my mother-in-law.

The person with the largest stake in the first blind fund that invested in Dr. Carty was his mother-in-law.

‘Come to think of it, my mother-in-law even read Lee Seong-yong and Bae Jong-hyeon’s faces.’

I remember going to see Dr. Kati with her.

At that time, she slowly looked at me and the two of us and then confirmed the investment.

‘As expected, you are amazing.’

That was a major event that shocked my preconceptions about shamanism.

Later in the car, the question of whether I had a serious illness was also the same.

‘But in the end, he agreed to my marriage with Hyunji.’

Doesn’t that mean I’m confident I can live much longer than my mother-in-law originally predicted?

After some thought, I returned home, threw down my trunk, and went upstairs.

I pressed the doorbell and the door opened as soon as I heard it.

“Thank you for your hard work~”

“You’ve worked hard.”

I smiled as I looked at the two people greeting me.

“Thank you for your hard work. Hahaha.”

“Are you hungry?”

“Come on, eat first.”

“Yes, mother-in-law.”

The table was already filled with a sumptuous feast.

So as soon as I sat down, I let out a satisfied voice.

“I think I married well. As expected, the mother-in-law loves her son-in-law very much. Hahaha.”

Of course, it was my aunt who lives here who said it rather than my mother-in-law and wife, but these few words made the atmosphere even warmer.

Naturally, an atmosphere was created where people could comfortably talk about what happened in the United States.

“So the return on Blind Fund No. 1 is expected to be over 5,000%. You may remember what I explained before, but the automatic termination agreement for this fund is when the return exceeds 3,000%.”

“Maybe it’s because I’m old, but I don’t remember.”

“I don’t actually remember either.”

When I created my first blind fund, the place I consulted was an angel.

At that time, Kang Dae-ho said that several agreements had to be made to prevent investors from withdrawing money in the middle.

That’s why I wrote down the fund return of over 3,000%.

However, because the rate of return was not easily achievable, neither I, who created the fund, nor the people who subscribed to the fund could pay much attention to it.

For reference, even before Dr. Carty’s NASDAQ listing, this fund had achieved a return of 180%.

Therefore, this means that, in addition to the grandmother from Cheongdam-dong who invested money in Blind Fund No. 1, investors also made profits that were almost three times as much.

However, out of the total blind fund amount of 15 billion… … .

“I put 10 billion won into that fund, right? Maybe… … .”

“Yes, haha… … .”

My mother-in-law put in more than two-thirds of the money.

Naturally, two-thirds of the profits of more than 1 trillion won will go to her.

“My mother-in-law is expected to receive a liquidation payment of approximately 700 billion won.”

“Hmm… I guess I’ll have to pay a lot of taxes.”

“Oh, that’s right.”

A class that worries more about taxes than the money they earn.

“Hyunji, what should I do to reduce my taxes?”

“For now, it’s best to utilize the foundation. And reinvestment is not bad either. If you look for industries that are fostered by the government, there are quite a few. The government will minimize the tax brackets to encourage investment.”

I quickly told her that I wanted to reinvest the money I earned.

“The company will soon launch a fund linked to the national fostering industry.”

“Oh, then I should invest in that.”

My mother-in-law who believes in me.

I can’t help but laugh.

“Okay, but let’s stop talking about work.”

“Oh, yes, is that so?”

“Rather than that, next time you go to the US, let’s go together with our locals.”

“Yes, yes, I understand.”

Actually, I was planning to go to the US with my wife this time.

Kang Hyun-ji is like a proxy for the grandmother from Cheongdam-dong.

As the largest investor in Blind Fund No. 1, I had both the duty and the right to accompany it.

“I was originally going to go. But then I suddenly got sick… … .”

“Body aches… … . Have you been to the hospital?”

“no.”

“Why didn’t you go?”

“It will get better soon.”

“Go anyway. Maybe you’ll get some good news.”

“Ah… , yes… … .”

What’s the good news here?

It means the fetus.

I chuckled to myself.

‘Hey, mother-in-law too… … .’

It hasn’t even been a month since we got married.

Is it possible that we could have a child already?

however.

‘uh?’

When I saw Kang Hyun-ji after hearing my mother-in-law’s words, ‘±640’ was engraved in my right eye, and I gasped.

‘What is this?’

I asked myself the question, but I felt like I could vaguely know the answer.

It was the two of us who mentioned honeymoon babies during our honeymoon.

Could it be that that took root in Kang Hyun-ji’s subconscious as a hope or wish?

Actually, on that night, before Kang Hyun-ji fell asleep, she said to me,

“I’m going to the hospital tomorrow… … .”

Let me react like this.

“Really? What, are you secretly hoping for some good news?”

Kang Hyun-ji smiles and nods.

and.

‘It’s blinking.’

The number ‘±640’ engraved on my right eye began to blink.