Surgery Godfather-Chapter 440 - 403 Closed Deal_2

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Chapter 440: Chapter 403 Closed Deal_2

Chapter 440: Chapter 403 Closed Deal_2

There are many reasons that could cause a slowing heart rate, they were only considering one of them.

“We hope it’s not the case, because if it is, we’re powerless. If we return, it could result in death. If we don’t return, we’re just waiting for death.”

Collins glanced out the window, the sunshine was increasingly bright, causing him to get up and turn off the lights in his office.

“How about we go grab some breakfast? It’s been a while since you’ve had a meal at the space city.” Collins invited John Ansen.

John Ansen was also hungry, “I thought you only had mineral water to offer me.”

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During yesterday’s Q&A session, everyone enthusiastically asked questions. Some of the questions were very tricky, but Yang Ping easily handled them.

Some of these tricky questions were so outrageous that even Robert thought it was too much, but Yang Ping’s responses left the questioners speechless.

“Today, keep the style from yesterday. Doctor Yang, if you remain humble, they will think you’re timid, scared, and lack knowledge and ability. Only by fiercely arguing with them until they are tongue-tied, and then mocking them a few times, will they sincerely respect you. Americans are different from the Chinese, you don’t have to save face for them.”

“How would you say it using a Chinese phrase?”

Robert turned to ask Old Cheng.

Boss Cheng said: “Beat them down hard!”

“Right, Beat them down hard!”

Robert instructed Yang Ping that during the lecture later, those unsatisfied rascals from yesterday would certainly attack again. He should beat them down hard.

From the fact that a few people were still asking questions after the meeting yesterday, it’s clear that many of them are still not content and are planning to bombard Doctor Yang again today.

Yang Ping agreed with what Robert said. For these Americans, if you hold back, they would think that you’re not capable. Only by ruthlessly retaliating can you set things right. Americans only understand other Americans. Yang Ping really liked Robert and gave him a thumbs up.

Seeing Yang Ping’s thumb-up, Robert was overjoyed.

An engineer from OrthoPediatrics followed behind, “Doctor Yang, could we make time to discuss the issue of patent trade after the lecture? Our negotiators have arrived.”

This engineer has been wanting to discuss cooperation with Yang Ping. Yang Ping is not that he doesn’t have time to discuss with him, he wanted to delegate these trivial business matters to Huang Jiacai, who is very clever in business.

Huang Jiacai only came back last night, Yang Ping prepared a power of attorney for him, authorizing him to negotiate about patent licenses.

With the help of Old Cheng and Robert, Huang Jiacai found a translator and a lawyer specializing in intellectual property rights to form a complete negotiation team.

After the lecture, Doctor Yang would have other things on his plate. He wouldn’t have time for negotiation. Robert immediately told the engineer, “Don’t bother Doctor Yang, you should talk to Doctor Yang’s representative, this is Mr. Huang, I have arranged a place for you guys.”

Robert found a meeting room in the administrative area of the hospital for them to negotiate, then he accompanied Yang Ping to the lecture in the meeting room.

“This is Doctor Yang’s power of attorney. He has fully authorized me to negotiate.” Huang Jiacai took out the power of attorney for the representatives of OrthoPediatrics to see.

OrthoPediatrics sent four representatives, including an engineer, a vice president, a lawyer from the legal department, and a patent commissioner.

It was a perfect match, four against four.

“We are very interested in Doctor Yang’s equipment and would like to buy the international patent rights for the whole set of equipment. I don’t know if you would agree with this deal. Currently, we are the only company in the world that focusses solely on pediatric orthopedic implants.” The vice president Solin, who represented OrthoPediatrics in the negotiation, was very direct.

Although Huang Jiacai could understand and speak English, he had only learnt it in a training class. He would struggle to handle formal negotiations with Americans and relied on the help of a translator.

“We do not intend to sell patent rights, we only want exclusive licensing.” Huang Jiacai answered firmly.

Solin shrugged, “Of course, if you only want exclusive licensing, we would also pay a licensing fee that will satisfy you.”

“How much?” Huang Jiacai didn’t want to waste time.

Solin stretched out two fingers, “Two million US dollars a year.”

Huang Jiacai cursed inwardly, these guys were ripping him off, treating the Chinese like hicks that had never seen money before.

Honestly, if it were in China, this price would already be sky high.

But this is in the United States. Huang Jiacai was very familiar with the medical and medical equipment market. He had a thorough understanding of some well-known patent trades and lawsuits. For this negotiation, he hardly needed to prepare.

Huang Jiacai casually wrote down the patent transaction and litigation cases of orthopedic equipment in the United States in the past three years on a piece of paper on the office desk.

“Please take a look, Mr. Solin, these are the similar transactions in the past three years. Which one should your previous offer refer to? In the dispute over the license fee for the Vertex cervical spine system, between an orthopedic surgeon from Indiana, Rick Sasso, and the medical equipment giant Medtronic, Medtronic paid Doctor Rick Sasso 112 million US dollars in patent fees.” Huang Jiacai was straightforward.

Solin’s face instantly flushed.

“Doctor Yang’s equipment has a much larger market potential than the Vertex cervical spine system. It will help you dominate the entire pediatric sports medicine market. Furthermore, you could also develop a set of trauma orthopedic instruments around this curved drill bit. Just based on the Vertex cervical spine system, the licensing fee will not be a mere two million US dollars a year. Doctor Solin, you’re underestimating us too much.” Although Huang Jiacai was visiting the United States for the first time, he felt very confident facing these people. He was mentally strong and experienced in negotiation.