Wall Street of the third generation chaebol

Chapter 151



< The end of Bayer Pharmaceuticals. (1) >

“I solemnly swear that I will, to the best of my ability, abide by, preserve, and defend the Constitution of the United States of America, and faithfully discharge my office as President of the United States of America.”

– Wow!

[New government, new era. A large crowd gathered at the inauguration ceremony of the war hero President Roosevelt.]

[Generation change in the White House.]

[Will he be able to make America great again?]

Theodore Roosevelt became president.

The White House was bustling to welcome its new owner, and President Theodore Roosevelt’s family made their way safely into the White House.

“Congratulations.”

Washington DC White House.

Instead of the Federal Reserve, I went to the White House today. Roosevelt was walking around the Oval Office, a little excited.

“Oh, thank you. It was my first time at the White House, so I was a little excited.”

“Enjoy it enough now. You will be separated from now on.”

“What a motherf*cker.”

Even if you spit out swear words, your face is still smiling.

Would it be so good to be president?

it would be nice

“More than that, why did I call you today? The Federal Reserve is still cruising and the Federal Investment Corporation will have to pass a few more laws.”

“Oh, not because of those two.”

swish.

Roosevelt tossed a file on the desk in his office at me.

I easily grabbed it with one hand.

The title of the file was quite familiar.

“Food and Drug Act? What is this?”

“It’s a bill your father put into Congress in partnership with the American medical community. It seems like your father was determined to bury Bayer.”

“Well….”

flutter.

For me, coming from the 21st century, the contents of the Food and Drug Act were easy.

‘….uh? Wait a minute.’

But I soon felt a serious sense of discomfort.

“Didn’t the US have food and drug laws?”

“Did you not know? Food and drug regulations were handled by the Department of Agriculture’s Chemistry Department.”

“Is it just one and one…?”

crazy.

I could not have imagined that there would be no Food and Drug Act until the early 20th century, but the American medical community was far more backward than I thought.

“Detroit, don’t make that face. I’m well aware of how absurd and worrisome it is that there is no Food and Drug Act yet.”

“When will it be passed in Congress?”

“You’re going on the premise that it will pass.”

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Of course.

The Food and Drug Act must be passed.

“Isn’t it a bill that is strongly lobbying by the medical and pharmaceutical associations that want to set standards in the American medical community?”

“Yeah, you’re right. Maybe the bill will pass as easily as you say in Detroit.”

Roosevelt shrugged.

“I called because I thought I had to listen first.”

“thank you.”

Certainly, if Roosevelt hadn’t called, I would have thought that the Food and Drug Act would exist.

No, it doesn’t make sense in common sense.

How could there be no Food and Drug Act until the beginning of the 20th century?

“If passed, will you be promoted within the US administration?”

“Perhaps so?”

“Do you have a name?”

“Well…..”

Roosevelt rummaged through the papers.

“Food and Drug Administration.”

“ah.”

“FDA for short.”

US Food and Drug Administration (FDA).

it’s made now

I got goosebumps on the back of my neck at the feeling that I was standing in a historic moment again.

“Then why did you call me before my father?”

“I have a bad relationship with him.”

“ah…..”

right.

I’m special

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Originally, Roosevelt realized that he was fundamentally deeply hated and hostile to the Trustees.

“That’s okay. At most, I’ve been called to the White House, is there any request you’d like to ask me?”

“Well.”

Request. please

There was no request.

Rather, trust breaker Roosevelt should know.

About the atrocities of German pharmaceutical companies and the dangers of heroin.

“I don’t have any special requests, but I have something to tell you about the German pharmaceutical company Bayer’s heroin.”

Do I even need to ask?

The grizzly would know and be angry.

“This is a serious situation. My brother is also in the intensive care unit.”

“Hey… what’s going on?”

I had a very depressed expression on my face.

Roosevelt looked at my suddenly darkened expression and waited for my next words.

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Of course, Jack Tracy’s well-being wasn’t my thing, but Roosevelt didn’t know about Morgan’s house fights.

I swallowed a laugh inside.

***

[The first month of the Roosevelt government. Congressional Hot Potato Passes Food and Drug Act.]

[The U.S. Administration announced the promotion of FDA Food and Drug Administration in the Department of Chemistry, Department of Agriculture.]

[President Roosevelt, ‘The US government will never tolerate inappropriate food and medicine.’]

🥳

“Finally passed.”

Pfizer lit up my business plan and started begging me to take over.

I met with the intention of acquiring Pfizer anyway, so it was easy. It immediately entered the acquisition process and proceeded with the stock purchase process.

It has already acquired more than half of the shares.

I am relieved now that I have received the preemptive rights and preferential negotiation rights for the stake in Pfizer.

“Pfizer has been acquired, the FDA has been established, and things are going smoothly.”

It’s been a while since I’ve been to the White House and it has already been passed.

J.P. Morgan Bank has been busy since the passage of the Food and Drug Act. They poured all sorts of lobbying on the FDA and continued their check on Bayer.

“James, Bayer’s reaction?”

“The public opinion in the German pharmaceutical industry is not as good as Bayer.”

“German Pharma…? Oh, that’s right.”

narcotic medical products.

Heroin is not the only narcotic drug distributed in hospitals. There was a reason why the German pharmaceutical industry was trembling and nervous.

“They are also fighting fiercely internally right now. Are you going to stop and bury Bayer, or will you keep asking and double pressure on the US Food and Drug Administration?”

“It’s a new country now. I think it will work even if the German pharmaceutical industry presses it.”

It’s a bit dirty, but it can’t be helped.

Since the majority of medicines used in US hospitals are distributed by German pharmaceutical companies, they can seize supply and put pressure on the FDA.

There was a possibility that if Bayer’s heroin wasn’t raised enough, the German pharmaceutical industry would push it hard like a bulldozer.

‘I’m going to have to make this a little bit of an issue, but this.’

It should be on fire internationally.

Gasoline must be poured into a stimulating and glamorous issue that the medical community will rush to.

‘FDA…’

In an instant, a good idea came to mind.

“Aren’t you hitting your father a little more than that?”

[Heroin is a ‘killer drug’, and it took less than a week to kill a person.]

[A poison created by Satan, patients who are so dependent that they experience literal hell if they skip even a day.]

[Why a mild cold patient was transferred to the intensive care unit.]

“Keep. You learned good things from Edison.”

press play.

CEO of GE, with JPMorgan Bank as a major shareholder.

It was a technique that buried Edison’s proprietary patent and competitor Tesla.

“The only regret is that there is no opportunity to use heroin in the death penalty.”

It’s an old practice in the White House.

The outgoing president or the inaugurating president shall not execute the death penalty during regime change.

Perhaps his father was eager to instill heroin on death row inmates, but he wasn’t foolish enough to break the unwritten rules of the US administration.

“But these articles do work.”

“Is it provocative?”

“No. You or your family members who took heroin came to protest in front of the White House or the Supreme Court. They also went to the Food and Drug Administration.”

“Even if you’re like me, you’ll be desperate.”

Not long after the FDA law was passed.

It was quite confusing because the Food and Drug Administration’s internal regulation manual was not properly prepared.

– You bastards who aren’t even that dog-pig! That’s what you’re supposed to do wearing a human costume! I’ll make a firm promise to you. Detroit. One day, I’m going to pull out all those rookies who killed America’s naughty son!

“The US government seems to have no problem for now.”

Since Roosevelt’s faucet has turned, he expresses deep regret to Bayer.

“The problem is with the Prussian government…if we want to tie the German pharmaceutical industry together, they have to move.”

It’s not just Bayer’s problem.

As narcotic drugs are also produced by other German pharmaceutical companies, if Bayer is used, other German pharmaceutical companies will also suffer serious damage.

‘Let’s take some measures first.’

I put the pods on.

“James, get the White House documents on the heroin victims and put in a drug suspension request.”

“A request to stop medication?”

“Perhaps the Food and Drug Administration does not have proper authority setting. A soft law is also a good law to use. An order to suspend medication may come easily.”

“Then why not put it directly into the FDA instead of going to the White House?”

“If that doesn’t work, you’re asking President Roosevelt to do it by executive order.”

“ah!”

“And one more.”

“Yes.”

I raised my index finger.

“Consult Johns Hopkins Medical School for clinical trials on heroin and medical tests for dependence, addiction, addiction symptoms, and withdrawal symptoms. The research budget is generously supported. We take this opportunity to completely bury Bayer.”

What I need is not Bayer.

Bayer’s aspirin division and advanced human resources.

Rather, it is better to destroy it.

“Let’s cook it properly.”

To make a fireworks display, you have to set it properly.

***

“When did the FDA change into a killer country with a drug suspension order?”

“If you stop taking the drug and die, will the state be responsible? What does the FDA think about human life? This is tyranny!”

The opposition to the drug suspension order was fierce.

The American medical and pharmaceutical industry came to the White House and the FDA in white gowns with their feet off their feet, and the media focused on them.

Not only American media outlets but also foreign correspondents were busy covering them.

Among them, the German pharmaceutical industry stood up the most.

“This is the US government’s discrimination against the German pharmaceutical industry! Patients in need of drugs are everywhere, and there are only one or two patients taking heroin, so you’re saying they all die!”

“The German pharmaceutical industry expresses its strong distrust of the US FDA! Stop any act that undermines trust in the US medical and pharmaceutical industry immediately!”

Doctors in white robes standing on the podium with reporters gathered.

Pharmaceutical companies voicing fever while holding vials.

As soon as the order to suspend the drug administration of heroin became an international issue, the media and public opinion quickly burned like firewood.

Bayer heroin, which was only burning in the US Minor, exploded into an international issue when gasoline was poured into it.

– Uh… uh…

Rather, Bayer was perplexed.

It was not the trend they wanted to become an issue like this.

“Let’s start the press conference.”

The FDA immediately responded.

The new FDA director stepped up to the podium.

“Bayer’s heroin has been statistically proven to be overly dependent and addictive. Clinical trials and studies are currently underway on this drug at Johns Hopkins Medical School, and the FDA expresses serious concerns about the distribution of heroin.”

The new director’s pronunciation was clear and clear.

“Currently, we have commissioned heroin analysis from pharmaceutical companies such as Johnson & Johnson and Pfizer, and we will do our best to get the results as soon as possible.”

“Chief!”

A doctor in a white coat raised his hand.

The press conference was attended by not only reporters, but also selected medical staff of the association and executives of pharmaceutical companies.

It was the FDA’s strong will to end today.

“I’ll give you a say.”

“We are fully aware of the fact that there have been suspicions about heroin for a long time. We are also aware of the suspicion that opioid drugs may have a profound adverse effect on patients.”

The doctor, who began to speak in a tone of acceptance, grew more and more excited.

“But the drug cessation order is no different from telling patients who really need heroin to die!”

“Yes, the FDA will accept the opinion of the medical community.”

“Yes, yes?”

dumb doctor.

Silence fell for a moment in the press conference room. A German doctor jumped up.

He stuttered in a tone of disbelief.

“Hey, are you going to admit it?”

“Yes. We will accept the opinion of the medical community that the FDA’s action was radical. However, we cannot withdraw the drug discontinuation order itself, and we will propose a relaxed condition here.”

The FDA Commissioner smiled contemptuously.

aimed at this

The FDA’s provocative wording and suspension order to quickly boil public opinion and get the public’s attention.

‘Chairman of Detroit. He’s a scary person.’

As a result, FDA receives international attention and becomes an international organization and player at once.

And the Detroit Chairman…

“Our FDA has devised a policy that has been relaxed in response to the opinions of the medical community that have been pouring in. The conditions are as follows.”

The chief raised a finger.

“First, the target of the drug discontinuation order should be patients with mild symptoms or cold patients receiving home treatment. Second, the discontinuation period should be at least 3 days and in special cases, the maximum should not exceed a week. Third, abnormal symptoms or shock after stopping the drug When you come, continue your medication. That’s all right. Do you have any objections?”

The director looked around the press conference room.

He focused all his attention on his ears and listened to the opinion of the Hwagyeonjang.

– The FDA has made a lot of concessions for this.

– If it was an order to stop taking medication for 3 days, would the order have any meaning? I don’t know if I’ll have to stop for at least a week to get a response.

– What are you talking about! If it were opium, it would have been shipped out in a week.

– So I’m curious. Is there anything you can figure out in 3 days?

Even executives at a German pharmaceutical company raised doubts.

It was not thought at all that the significant addictiveness and dependence of narcotic drugs could be detected in just three days.

‘….Also.’

The chief gave a slight smile.

The German pharmaceutical industry and pharmaceutical industry were not aware of how powerful this heroin was.

However, when I requested a statement from Johns Hopkins University for a press conference a few days ago, the documents that arrived were quite shocking.

In just three days, one clinical test subject became obsolete.

It was less than two weeks after the Johns Hopkins Medical School received a referral from Pfizer.

‘but……’

The director looked at the corner of the press conference hall with a cold, subdued gaze.

The only shivering Bayer executives were there, biting their nails and nervous.

‘They knew this.’

disgusting

The director also had a strong desire to bury the authors in the medical world right away.

But it’s not yet time.

‘3 days. After three days they are doomed.’

You’ll just have to wait.

For a better future. For a better America.

“The three-day period will be announced later. Then, with this, the press conference will end.”

***

Bayer.

Their reaction was immediate. They bubbled and bit the FDA like crazy.

“For the state to order the drug to be stopped for three days, this is a violation of basic human rights and patient freedom! Are the human rights of patients and the US FDA’s awareness of medical ethics limited to this level?”

“The drug cessation order must be withdrawn immediately! What the hell is this! We condemn the backward medical system of the United States!”

However.

if it’s different from before.

in the silence of public opinion.

“Our Bayer will not yield to American oppression!”

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Only they were shouting against it.

“…why are they here?”

This novel was posted at https://readwn.com

Only then did the German pharmaceutical industry realize.

The fact that Bayer had a more serious medical accident than they expected.

It is only a moment for a promising pharmaceutical company to be classified as an insolvent company.

The world noticed

I couldn’t hide it anymore.

< The end of Bayer Pharmaceuticals. (1) > end


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