I can extract side effects.

Chapter 260 Reconciliation
The next day, Zheng Feng started settlement negotiations with the representatives of Sanqing and a group of patent lawyers in a conference room.

Lawsuits in Eagle Country are usually accompanied by lawyers from both parties before going to court for a routine out-of-court settlement negotiation.

This is a necessary process, after all, not every party is willing to be involved in a protracted lawsuit.

Unless it is a dispute over the ownership of CRISPR technology patents, the two parties cannot share, and can only fight to the death.

In the case of Sanqing’s patent infringement, the plaintiff’s appeals are nothing more than two, one is to ban, and the other is to pay money. Obviously, individuals can see that the latter is the main appeal, so an out-of-court settlement is undoubtedly the best. choose.

The representative of Sanqing was Yang Haoran, the general manager of the overseas branch, and he also brought a laptop.

After the two parties were seated, he put the computer on the main seat. After some operations, a young and handsome face appeared on the screen.

"Mr. Wei, hello, the meeting is about to start. This is Dr. Zheng Feng from the Broad Institute, and their lawyer..."

Yang Haoran introduced to the two parties one by one with a smile on his face: "Dr. Zheng, this is our Sanqing Group's Mr. Wei and our lawyer..."

"Mr. Wei will be on site to observe. I will mainly discuss the reconciliation. Of course, Mr. Wei will also speak if necessary."

Zheng Feng looked at the opposite side curiously. Wei Kang's name had been heard in his ears for a long time, and today he finally saw the real person.

This face was just like the one in the legend, a little too young, with sharp features and aggressive brows and eyes. From the outside, it looked more like a movie star than a well-known entrepreneur.

The other party looked very calm, stretched his limbs, and leaned back on the chair, revealing a kind of relaxation and confidence, as if he was not facing a lawsuit, but an internal company meeting.

A trace of envy spontaneously arose in his heart, such a tall, rich and handsome man is rare in the Eagle Country, and the other party has turned the tide, reborn from the crisis, established his own medical empire, and even thrown out the world's rich second generation [-] times street.

However, he quickly suppressed this trace of emotion, and on the contrary, he felt complacent and proud.

I have risen from the humble beginnings, from a low-level writer with nothing, to the present day, with both fame and fortune, and a bright future.

Even Wei Kang, who was once unattainable in the past, now has to sit at the same table with him, negotiate, and is squeezed by him, and has to obediently offer the proceeds of the genetic medicine.

The stronger the opponent is, the more intense his pleasure will be when harvesting.

I wonder how long you can maintain this relaxed look?
He sneered in his heart, but with a friendly smile on his face, he greeted Wei Kang friendly.

"For the good of the boss, I will look up to you for a long time."

Wei Kang nodded, smiled back, and quietly waited for the peace talks to start.

Today's first round of out-of-court settlements is just the beginning of a long road to litigation.

He has conveyed the company's general intentions to Yang Haoran and let him take full charge of the lawsuit.

Just listen in first, and talk about it if you have any questions.

This lawsuit is a tough battle, far from being as peaceful as it is now.

He deeply knows that the key to the outcome of this lawsuit is not on the scene, but off the field.

It has to be said that the lawyers of both parties are very professional, and they are well-known patent lawyers in Eagle Country. They are very famous and expensive.

First the lawyer appeared on the stage, and after a verbal battle, the bayonets began to see blood, and it was real.

"Sanqing's thalassemia gene drug uses our gene editing technology, but it has not obtained our authorization, nor has it paid any patent fees. This is an absolute infringement."

"This is the evidence we have collected. The evidence is solid, including the samples of genetic medicine, the testimony of the hematologist at the Mayo Clinic, the evidence that the patient received treatment, and the proof of payment. All of these can prove that Sanqing not only committed serious infringements, There’s also a lot of illicit gain.”

A lawyer from the Broad Institute threw out a thick stack of supporting documents.

Sanqing's lawyers rebutted while watching.

"First of all, the patent of CRISPR technology has always been controversial. You only have the ownership of Eagle Nation. In Europa and Huaxia, this patent belongs to the team of the University of California, and Sanqing belongs to Huaxia's enterprise. It has obtained the patent license in Huaxia long ago. "

"Even in Eagle Country, you have only recently obtained this patent, and the University of California team has been filing a lawsuit. The final result is difficult to judge. It is doubtful whether it will still belong to you."

"Sanqing has been contacting the Broad Institute since the launch of the gene drug, wanting to discuss the issue of patent licensing in Eagle Country, but has not received a reply."

"Oh? What happened? Why didn't I know?" Zheng Feng interjected suddenly with a look of surprise.

"I have emails here as evidence." The lawyer looked at him calmly and showed an email.

It was an e-mail sent by Sanqing's patent staff to the Broad Institute, which proposed the matter of patent licensing cooperation in English. It was three months ago, when Sanqing just started the clinical trial of Eagle Country .

Zheng Feng made a haha: "This is not my mailbox, I don't know it's normal. I can be sure that our staff did not receive this email. After all, you know that Huaxia's email address is easy to be treated as spam intercept, I often miss emails from my Huaxia friends."

The lawyer next to him nodded: "This doesn't mean anything. Sanqing is still infringing. Even if there is no response to the email, you can come to talk directly."

Yang Haoran coughed lightly, and said, "Let's be straightforward, what is your appeal?"

Zheng Feng and the lawyer looked at each other and remained silent.

The lawyer of the Broad Institute looked solemn, and said slowly: "We ask Sanqing to apologize to the global media for the infringement, and pay patent fees for all thalassemia gene drugs on the market, and all gene drugs that have undergone clinical trials before It must also be paid, and if there is any infringement in the future, a huge amount of compensation will be required.”

"Otherwise, we will submit a lawsuit to the court to prohibit Sanqing from using any CRISPR technology worldwide, and at the same time compensate $20 billion in infringement fees."

As soon as the words fell, Yang Haoran sat up straight instantly, and blurted out: "This is impossible."

Sanqing's lawyer's face also became ugly.

Wei Kang's face on the screen did not change, but a cold light flashed in his eyes.

The lawyer of the Broad Institute said with a straight face: "This is our condition. If you don't agree, we can only meet in court."

Yang Haoran said with a livid face: "You have no sincerity to reconcile at all. Whether you appear in court or not, these conditions are too harsh."

Sanqing's lawyer also said: "Dr. Zheng, we respect the patent of the Broad Institute very much, but this is not a reasonable solution. I hope you can relax the conditions and talk about it."

Yang Haoran added: "I want to reiterate that there is absolutely no possibility for us to apologize."

"Hehe," the Broad Institute's lawyer sneered, "If you respect this patent, you won't commit any infringement. Now that we have this patent, its potential in gene therapy is huge. It is a very normal and reasonable behavior to make an apology."

Sanqing's lawyer shook his head: "But you only own this patent in Eagle Country. In China and other regions, my client has not infringed. How can I apologize globally."

The opposing lawyer was speechless, and immediately changed his words: "Then I have to apologize publicly in Yingguo's media. Sanqing now has many patients in Yingguo, and they must know that this technology belongs to my clients, not Sanqing, Sanqing. Just stealing from the Broad Institute."

Yang Haoran said angrily: "What are you talking about? The genetic medicine we worked so hard to develop, you provided a low-level technology, and we co-authored it for nothing. It's all your achievement, right? The patent of the thalassemia gene medicine is Ours, not your Broad Institute's."

"It's really not possible. Even if we withdraw from the Eagle Country market, we will never apologize."

"If you want to go to court, just wait and see, we are not afraid."

A hint of surprise flashed in the eyes of the lawyer of the Broad Institute. He didn't expect the other party to be so stubborn, so he had to bite the bullet and say, "Hehe, I hope you won't regret it. Without such a useful gene editing tool as CRISPR technology, you have no ability to continue. Research and development of thalassemia gene medicine."

Yang Haoran laughed angrily and said, "It's as if you can develop thalassemia gene medicine with CRISPR technology. Open your eyes and see, besides Sanqing, is there any company in the world that uses CRISPR technology to develop a gene drug?" drug?"

The opposing lawyer was speechless for a moment, and opened his mouth, as if he wanted to say something, but he was powerless to refute.

Because apart from Sanqing, there is no other company that uses CRISPR technology to develop gene medicines.

Seeing that the two sides are at war, they are about to break up unhappy.

At this time, Zheng Feng smiled and said: "Everyone, don't be so angry, and talk about things."

"Apology or not, in fact, we don't care. Sanqing is a world-renowned pharmaceutical giant. I don't want to apologize for fear of affecting my reputation. I can understand this."

"We are honored that Sanqing can use our patents to develop gene medicines and treat so many patients. At the same time, this indirectly proves the feasibility and practicality of our technology. We are too happy to be happy."

"I have admired Mr. Wei for a long time, and I have always wanted to cooperate with a world-class pharmaceutical company like Sanqing. Unfortunately, I have never had the opportunity. I hope that from now on, I can cooperate with Sanqing in CRISPR patents."

He looked at Wei Kang while talking: "Everyone is a decent person, there is no need to argue about this little reputation, how about this, then there is no need to ask for an apology, just pay the patent fee, how about it?"

Wei Kang stared at him for a long time, then suddenly showed a meaningful smile: "Yes."

Yang Haoran nodded: "Then how to pay the patent fee?"

Sanqing's lawyer said coldly: "As far as I know, the application of this gene editing technology in basic research does not require a patent license. Only the part that is truly commercialized can receive a patent license fee. Sanqing's location Clinical trials of gene-poor drugs are basic research, and there is no profit, only drugs after they are marketed."

"Moreover, although the Patent Office has granted you the patent right, you are still in the process of patent litigation. If we pay you the patent fee, if you lose the lawsuit and lose the patent right, we will face huge losses."

"Finally, you have no patent rights in China and other regions, and we will not pay a dime for our commercial income in these regions."

"These demands are very unreasonable, and we cannot accept them at all..." The opposing lawyer immediately became energetic and talked eloquently when he got to the point.

After a heated debate, the Broad Institute insisted on a proportional payment of patent licensing fees.

Every thalassemia gene drug sold has to pay a patent fee.

And this payment ratio is 30%.

boom!
Yang Haoran jumped at the case: "You are really greedy, and there is no such a high percentage of patent fees in the world. Is this trying to squeeze all our profits?"

The opposing lawyer said with a stern face: "Need I remind you? The pharmaceutical industry has always been known for its huge profits. It is completely different from the meager profits of other industries. The profit margin of pharmaceutical companies is generally 90%. We are showing mercy by charging 30%." .”

"Furthermore, Eagle Country's medical expenses are known to be expensive, and there is no price limit or centralized purchase, so the ratio is very reasonable."

"But the price of Sanqing's gene medicines has always been relatively low."

The opposing lawyer said coldly: "That's your problem. Sanqing can be sold at a high price. I believe that patients have no other choice and will still use your medicine."

"Besides, if the unit price is increased, although the sales volume will decrease, the cost will also increase greatly and the profit will become higher. This will be better for pharmaceutical companies, won't it? This is also in our interest."

"..." Yang Haoran was speechless this time.

He knew in his heart that what the other party said was right. Raising drug prices and maximizing profits is the way for most companies to survive. Although it does not match Sanqing's corporate philosophy, it is the unspoken rule of the pharmaceutical industry.

In particular, genetic medicines are already costly, and they are the only ones on the market. There are no competing products, and there is no need to worry about no patients at all, so there is no need to cut prices.

Even if it is sold at a sky-high price, someone will still pay for it. Just like the previous SMA gene drug, the unit price was as high as 200 million U.S. dollars, and it made a profit of more than one billion in just two years after it went on the market.

Sanqing can completely sell the thalassemia gene medicine to more than one million dollars, so that even if he pays a high patent fee, his profit is still very considerable.

Yang Haoran sighed in his heart, alas, it's a pity that Sanqing is not an Yingguo pharmaceutical company, but a Huaxia company, so naturally it can't do this.

He lifted his spirits and began to bargain with the other party.

The two sides fought with each other until the evening, before reducing the ratio to 25%.

At this point, the other party refused to talk any more.

In the end, the two sides reached the first round of out-of-court settlement.

Although the talks were difficult, preliminary results were obtained.

For all thalassemia gene drugs that are on the market, Sanqing will pay a patent licensing fee based on 25% of the profit.

Everyone walked out of the conference room with tired faces, but there was no trace of relaxation and joy after success in their hearts.

Everyone has a feeling that the rain is about to come and the wind is full.

They all knew in their hearts that this peace talk was just the beginning, and the settlement of the whole matter would definitely not be so easy.

(End of this chapter)