Extraordinary Genius

Chapter 2047: Invest in the healthcare system

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"Feng, have you finally agreed to cooperate with us in the medical system? Great!" Ke Cilei's excitement can be felt through the screen. [Read the full text at www.baoliny.com].

Philips itself has a business in medical systems, with good technology and good profits. For example, patient monitors, imaging diagnostic equipment, etc. are all top-notch in the world.

Technology is constantly advancing, and so are medical devices. Some instruments allow doctors to better examine the patient's condition and complete the operation better.

Philips had discussed with Feng Yu to combine the technical advantages of both parties to jointly research micro-robots so that many surgeries can be performed without incisions.

For example, cranial surgery requires traditional craniotomy. But it is entirely possible to use a microrobot to enter through the patient's nostrils. Not only will patients not be left with unsightly scars, they can also recover faster.

There are also some abdominal surgeries that allow micro-robots to enter through the mouth or open a minimally invasive small incision.

This not only requires good materials, but also has very high requirements for systems and other technologies. Philip himself did not have the confidence to complete it, mainly because after analysis, too much research funds needed to be invested.

Although Philips is still making money today, in the past two years, profits have also declined significantly. Especially for consumer electronics products, almost all of them buy technology from Taihua Holdings and make money with the help of their brand advantages and sales channels.

However, as Fengyu Pai, Lianxiang Pai, etc. become popular all over the world, their product sales are getting worse and worse, and their profits are also decreasing year by year. The company has considered whether to spin off its consumer electronics business and specialize in electrical appliances, lighting and medical care.

Later, thinking that they could still make money anyway, they invested less and less in consumer electronics research and development, and instead invested more and more in medical care.

But researching this kind of work sometimes costs a lot of money, and may only prove a wrong path. Philip wanted to find a strong and reputable investment partner, but Feng Yu had never agreed before.

Because at that time, Feng Yu believed that although this future had prospects, he did not have the right talents and no relevant memories. It was likely to be high investment and low output, which was not very cost-effective.

But the death of his grandfather and the aging of his parents made Feng Yu feel that the investment in this aspect was worth it. Even if he could not make money in this aspect in the future, it would not be a loss if it could help his family a little.

Cooperating with Philips is definitely not possible with the current researchers. Feng Yu needs to find companies with technical advantages and research experience to make acquisitions.

Feng Yu called Ralph and asked him to look for several companies with strong medical device capabilities in the United States, which he planned to acquire.

There are also some pharmaceutical companies that need to be inspected and merged, which can increase the research and development capabilities of Bingcheng Pharmaceutical. There are no suitable ones in the United States, but those in Europe can also be used. On the Asian side, Kameda Masao is searching.

Feng Yu pretended to be aggressively entering the medical industry, but failed to hide it from the outside world. Many media began to report on this, claiming that the countdown to Feng Yu's domination of the medical industry had entered.

In their view, Feng Yu must have spent a lot of money again, and then quickly expanded the scale of Bingcheng Pharmaceutical again, becoming the number one in the world.

Feng Yu has this strength, and they think this is in line with Feng Yu's style. At the same time, some medical companies have begun to be wary. Another predator is about to enter the industry, and they are in danger.

However, some companies are very happy about this, and they particularly hope that their companies will be favored by Feng Yu. They can ask to retain part of their equity, which should be no problem according to the practice of other companies acquired by Feng Yu.

All the companies Feng Yu invested in have made a lot of money. If their company is acquired, it will prove that they will also make more money.

At the same time, Philip's Ke Cilei was on a video call with Ximenzi's EO Luo Xude.

"Luo Xude, how are you considering the cooperation project I talked about with you last time? I know it requires a lot of funds, but we don't need to worry about it this time because there is a strong person joining us."

Luo Xude asked curiously: "Who is it? From the United States? Or from the island country?"

"No, it's Feng from China."

"What? Is the news that Feng is going to enter the medical system field true?"

In Luo Xude's view, Feng Yu just wanted to expand investment in medicine. How could he really want to enter a completely unfamiliar field

Medical devices, systems, etc. all represent precision technology, which Chinese companies are not good at, and Feng Yu's company is not good at this at all.

Suddenly entering an unfamiliar field, Ximenzi's executives thought it was impossible, but after listening to Ke Cilei's words, Luo Xude knew that it was actually true.

"Feng has invested in so many industries, many of which are not even related to each other, but he can do the best. Now he wants to invest in medical equipment, systems and other industries, which does not surprise me."

"With Feng joining, do you have anything to worry about? We shouldn't be completely competing. We can also have a lot of cooperation. In this way, we can occupy the American market, occupy the Asian market, and squeeze out other competitors. .”

Many of the main businesses of Ximenzi and Philips overlap, such as consumer electronics, electrical appliances, medical care, and lighting. The two sides are competitors, but at the same time they also have some cooperation.

"Is Feng completely funding it? His company is not very strong in the technology of medical devices and systems, right? At least there is still a gap compared with us. So how will he invest and how much equity will he have in the results?"

"No, Feng will acquire one or two good related companies in the United States and then cooperate with us. Mainly cooperation in scientific research. As for production and sales, I think you are not willing to cooperate with us?" Ke Cilei's implication is that Philip will also cooperate with Feng Yu in production and sales.

Luo Xude thought for a while: "Ke Cilei, if Feng can help us develop the Chinese market, I think we can make some concessions on some conditions."

Ximenzi's development in China is not very good, not only for local companies in China, but also for foreign companies such as Philips, which have achieved good development. If they can open up the Chinese market, then their electrical appliance business will be profitable again, otherwise If so, they would have no choice but to sell.

"I will convey it to you. It seems we should find an opportunity to sit down and have a good talk."

Ximenzi also wants to cooperate, which makes Feng Yu very happy. It is another giant company, and it is much better than Philips in industry, especially in precision instruments.

Ximenzi wants to open the Chinese market? Of course this is possible, as long as Ximenzi is willing to lift the technical blockade on China's precision instruments.

China has been coveting this aspect for a long time. And these can also be applied to medical devices, it depends on Ximenzi's attitude.