The Magician’s Memorial - Chapter 400



Only Krnovel

400. Extortion (5)

Is this how the farmer feels?

To obtain a new drug crop from a field called Robo Nordisk.

We have been waiting for a very long time, watering and spraying fertilizer, and the harvest time has finally arrived.

“Is it true that Robo Nordisk is going to destroy the new drug? There hasn’t been any word yet from David or the employees dispatched to Denmark.”

“This is information confirmed through the artificial intelligence system in Robo Nordisk. A report was registered in the system that most of the researchers agreed to discard the new drug.”

It was Center Director Cheon who secured the report that had not yet been sent to the top.

They were a group of pretty researchers who were actively using the artificial intelligence system they had secretly stolen from the Taewo Group.

Thanks to this, we were able to check new drug disposal information faster than anyone else.

“It was hard. Once the decision is made to discard the new drug, it is not a problem for us to take over it.”

“Once the acquisition of the new drug is completed, can we dispose of the artificial intelligence system in Robo Nordisk? It is a downgraded version and does not have proper functions, but I do not want to leave it anywhere other than Taewo Group.”

To Director Cheon, the artificial intelligence system was like a child.

The artificial intelligence system was like a child not only to her but also to many researchers working at the artificial intelligence center.

“Of course. But you can’t throw it away all at once.”

“We have hidden a virus in the artificial intelligence system. It can slowly infect it and cause it to stop working.”

“It’s already ready.”

“I think it would be better to finish it with my own hands rather than letting it fall into someone else’s hands.”

It was Center Director Cheon who showed signs of venom.

Although she was a nice and kind person in front of me, there was a reason why she was called a witch at the artificial intelligence center.

Perfectionist tendencies, a characteristic of successful CEOs.

Before she knew it, she too had become a person with such tendencies.

“Please wait a moment. We will have the new drug delivered to you within a month.”

“We will continue to share internal information in real time.”

Center Director Cheon bowed his head and left the office.

I called David right away.

[boss! There was quite an uproar in Washington over the handling of short sellers. They say the White House is very satisfied. There is even talk that the boss should at least be given a medal, saying that he has caught up with the disgusting short-selling forces in one fell swoop.]

“It’s because Kanos was good at cutting. I didn’t call you today because of Wall Street business. The seeds I sown in Denmark are ripe and it’s time to harvest.”

[Then we should harvest it quickly! We will quickly prepare a board so that we can bring it before others harvest it.]

If the ripe fruit was open, a passerby could pick it and eat it.

However, there was no need to worry because the fruit was already covered in a lot of mud and looked like a rotten fruit to others.

But it was true that it had to be harvested quickly.

Because Robo Nordisk was able to wash the mud off the fruit.

“I will go to Denmark myself soon and negotiate.”

[We set the tone by recruiting a few board members. Even if the boss doesn’t want to buy it, I’ll force him to hand it over.]

“Please contact me when you are ready.”

[We will bring you good news within this week, so stay tuned!]

David’s confident voice.

However, Vice President Han, who was listening to the conversation next to him, frowned slightly as if he did not like something.

“What’s the problem?”

“It’s no different. Tens of billions of dollars are at stake in Chinese short selling. But if the Chairman goes to Denmark in person at this time, wouldn’t it be difficult to respond if a sudden incident occurs?

“You think the value of Chinese short selling is higher than the value of new drugs.”

“Isn’t that right? If we do this short selling well, Taewoo Securities alone can make billions of dollars, or more than tens of billions of dollars in profit.”

Chinese short selling was a very big deal.

So it was natural for Vice President Han to react this way, but there was one thing he didn’t know.

“Robo Nordisk’s new drugs are worth tens of billions of dollars.”

“Are you saying that one new drug is worth more than 100 trillion won? Even Viagra is not worth that much.”

“Only men can use Viagra, but the new drug can be used by both men and women. And most of the customers are very wealthy.”

Who wouldn’t want to have a beautiful body?

The reason for buying luxury goods was ultimately for show or self-satisfaction.

If there was a new drug that could turn one’s body into a luxury product, it was clear that there would be a lot of people willing to buy it, even if it meant investing a lot of money.

“Is a new drug really worth that much?”

“If we hand over all rights to new drugs to Centrian, Centrian will grow into the second largest company in the business world after Taewo Group.”

Of course, I had no intention of handing over all authority to the Centrians.

The plan was to hand over only a portion of the authority, and with that alone, Centrian would have enough power to enter the top 20 in the business world.

“You’re saying that you can even surpass Samjin Electronics.”

“That’s right. So now you understand why I want to go all the way to Denmark myself, right?”

“If the new drug really has that value, I think it will serve as a stepping stone for Taewo Group to grow once again.”

“Not only will we grow into the world’s No. 1 group, but we will also be able to maintain that position for at least 10 years. But are you still opposed to me going directly to Denmark?”

“No! I will take responsibility for short selling in China. If any problem arises, I will risk my life to solve it!”

Vice Chairman Han clenched his fists and raised his voice.

It was certainly because of this that he was promoted to vice president.

Even with minimal explanation, he has the ability to analyze and understand the situation.

He had the great advantage of being able to change his mind flexibly without being stubborn or stubborn.

“And don’t worry, nothing major will happen while I’m in Denmark. The bubble still needs to inflate a little more before it bursts.”

“While the Chairman is in Denmark, I will be looking under a microscope at everything about China’s economic situation.”

The Chinese market was still stable.

But it was going to drop so dramatically over the next month, and there was no need for me to step up right now.

* * *

Robo Nordisk Board of Directors.

It was a robo-Nordisk in which all decision rights were held by the board of directors.

Therefore, even the CEO could not go against the will of the board of directors, and all decisions were made by majority vote.

And today’s agenda is disposal of new drugs.

Although it was a new drug that had been studied for several years, the side effects did not improve at all and only produced worse results.

“Although the money invested in developing new drugs is a waste, I think we need to develop new drugs in a different direction even now.”

“I agree. Side effects cannot be improved by inducing insulin secretion by injecting hormones similar to GLP-1 into the body. We must return to the existing insulin method.”

“Taewoo Group is supporting about half of the cost of new drug development, so there is no major loss, but if we continue to fail, there is a good chance that it will become a problem.”

Many people argued for the abolition of the new drug.

And there was no particular voice calling for continued development of new drugs.

The board of directors was well aware that not only artificial intelligence but also researchers were concerned about the side effects of new drugs.

“I think we should stop developing this new drug.”

“There are several new drug projects still in development. Failure of one is not a big blow.”

“It is almost impossible to make all new drugs successful. Let’s learn from this failure and make sure that the next new drug succeeds.”

He was the chairman of the board of directors who announced the suspension of new drug development.

Everyone was agreeing with the chairman’s words, but the person sitting in the corner strongly protested.

“I agree with the idea of ​​discarding new drugs, but isn’t it important how they are discarded? If we just discard them in this state, we won’t be able to get a single penny of the money we have invested over the years.”

“I understand Director Eriksen’s feelings, but is there any other way than just discarding a new drug with such strong side effects?”

Director Eriksen.

He had absolutely nothing to do with pharmaceuticals.

He was in charge of overseas distribution and was in charge of tasks that were unrelated to new drug research.

“I don’t know how effective the new drug is or what the side effects are. However, although it is a new drug that is treated as waste to us, wouldn’t it be research data that other places desperately want?”

“Are you talking about selling new drug research data? Who would want to buy it?”

“There is only one place. The Taewo Group, which owns a pharmaceutical company called Centrian, is fully capable of doing so. It is the only way to recover all the investment invested so far.”

Director Eriksen with an evil smile.

In the boardroom, he was already known as someone who only cared about money.

However, the reason he continued to serve as director was because of his outstanding ability to make money.

“No matter how rich Taewoo Group is, would they spend a large amount of money to purchase a new drug that is almost a waste product?”

“It has no value as a new drug, but it has sufficient value as research data. As long as all rights to the new drug and research data are handed over, the investment can be fully recovered.”

The board’s concerns did not last long.

Because it was such an attractive offer.

If it is disposed of, Robo Nordisk will have to bear the loss, but if the new drug can be sold for a large amount of money, the loss will disappear.

“Chairman Kim Min-jae is said to be visiting Denmark in person to negotiate additional insulin in the near future. Isn’t this a great opportunity?”

“It’s a good opportunity, but we don’t know whether Taewoo Group is interested in new drugs or not.”

“Just leave it to me. I will make it so that Chairman Kim first says that he wants to purchase all rights to the new drug.”

It was a board of directors that was well aware of Director Eriksen’s tendencies.

He was a man who would do anything to make money.

I thought that if I left it to him, I could sell the new drug at a very high price.

“Good. I’ll leave this matter to Director Eriksen.”

“We will sell it for the highest price possible.”

“Don’t be too pushy. It’s okay if you don’t get the entire investment back, so try to negotiate within a reasonable range. We want to continue to maintain a good relationship with Taewo Group.”

“We will make sure that we can maintain a very good relationship even after the development of a new drug. Rather, we will make you think that you have purchased the rights to a new drug at a low price.”

Sigh.

Director Eriksen smiles evilly again.

The board of directors may think that he is smiling like that because he is thinking of tricking the Taewo Group.

The place where his smile was directed was not at Taewoo Group but at Robo Nordisk.

One of the board members recruited by David was Director Eriksen.

Because he was a person who chased money, he was the first person to be recruited by David.

This board meeting was designed by him, and all members, starting with the board chairman, acted as expected.