"The average price of 10,000 vaccines last time was less than 7 pounds, only 5 pounds and 2 pence. In this way, we have to increase the final selling price of the vaccine, which is really not suitable to open up the British vaccine market. I think the price should be temporarily reduced, and at least 100,000 British people should use this vaccine first, and then slowly increase the price. In particular, merchants from other countries in the continent also know that there is such a magical drug. If the price is set too high from the beginning, it may hinder the development of the vaccine market." Sir Henry said.

"What you said is not without reason, but we only provide smallpox vaccines in the world. This magical drug can forever avoid the harm of smallpox virus to people. It is absolutely no problem to sell them at 7 pounds. I believe that if the product itself is valuable, then it will not be afraid of no one taking it." Huang Xiushan said.

"This is a bad saying. No matter how good the product is, it needs to be carefully operated. It is sold at a low price first, and then slowly raise the price. Ordinary civilians who are too high can't afford it." Sir Henry said.

Sir Henry and Huang Xiushan and others had a fierce dispute over the price of the smallpox vaccine this time. The lower the cost means the higher the profit margin. For example, if the cost is 4 pounds and the profit is 150%, while if the cost is 5 pounds and the profit is only 100%.

Although Sir Henry advocated opening the market with a low-price strategy first, Chinese merchants such as Huang Xiushan believed that even if they were sold to Sir Henry for 4 pounds per portion, he would not lower the final price when it was sold. So after a fierce dispute, the 20,000 smallpox vaccine was sold to Sir Henry for 6 pounds and 3 pence per portion.

Sir Henry eventually had to pay 125,000 pounds to Western companies to purchase 20,000 smallpox vaccines. For a moment, Sir Henry was unable to take out gold and silver worth 125,000 pounds, and could only sign a treaty with Western companies and then pay the payment in installments. The 125,000 pounds were just payments, not including the cost of special physicians from Western companies to help inject smallpox vaccines. Sir Henry would need to pay the doctor's expenses on his behalf.

"If there was no vaccine business that could make up for the losses of our Levante company, our Levante company might go bankrupt due to the anger of the Ottoman emperor. I really don't know if I should thank you or blame you." Sir Henry won this big order and the profit was no lower than that of exporting velvet to the Ottoman Empire, but rather higher.

"I think we can have extensive cooperation in addition to the smallpox vaccine. We also have many medicines, such as cinchona cream for malaria, which is a special medicine," said Huang Xiushan.

"You mean a special medicine for treating malaria?!" Sir Henry said in surprise.

"Yes, our drugs have the effect of treating malaria that is rampant in tropical and subtropical areas. Now our troops in the Spice Islands, East India, Annanguo and other places use this drug widely. Although its effect is weak and there are many adverse reactions, it may not be completely cured, but overall it effectively reduces the casualties caused by malaria. It is better to have medicine than waiting for the God of Death to be judged by me, right?" Huang Xiushan said.

"Many of our crew members in the West Indies or heading to Africa may need this kind of special medicine, but the demand is not large... I can temporarily purchase 100 special medicines for 10 pounds." Sir Henry knew that if there was a need, people with malaria would be willing to seek medicine. They would not lose money after buying it at 10 pounds, and even if they were all rotten in their hands, they would not feel sorry.

"No problem." Huang Xiushan said.

If Henry helps open up the drug market, Western companies don’t have to spend time trying to find ways to develop the market themselves. The transaction volume of 1,000 pounds is only a small part of the price of 125,000 smallpox vaccine.

After all, every British person may suffer from smallpox throughout their lives, but the risk of malaria at their latitude is not high. People who are prone to malaria are often merchants and sailors who go to tropical and subtropical areas.

"After a while, we will send people to pick up some of the goods. To be honest, we must dump 20,000 smallpox vaccines. There are very few people in Britain who are willing to get this drug and can afford this price. They may not be able to consume 20,000 copies. I also need to contact merchants in the continental Europe to reduce the sales price. If everyone wants to get this vaccine, its final selling price should be lowered to 2 pounds, which means that the cost of purchasing from you cannot be higher than 1 pound and 2 pence. I just don't know what your real cost is, and whether you can vaccinate the entire British people at this price, so that we can make a profit of more than 3 million pounds." Sir Henry said.

"We don't know the actual cost of smallpox vaccine. We obtained products from the medical department that specializes in researching drugs, and they also set the specific price. Of course, I can't tell you what our purchase price is. This is a trade secret." Huang Xiushan said.

"I understand, I understand. But you Dongfang is too wonderful. There are special medical organizations that produce drugs for the company. I thought you hired these people to develop these drugs. I guess those antimalarial drugs were also developed by the organization called the Hospital Department?" Sir Henry sighed.

"That's right. We are not qualified to hire them. They have an iron rice bowl. I don't know how many soldiers in the Spice Islands were saved because of their antimalarial drugs. More people have been qualified to use smallpox vaccines from the government. Citizens in big cities have taken the lead in injecting smallpox vaccines, because once smallpox outbreaks in cities affect more people than in scattered rural areas, and the infection will be faster." Huang Xiushan said an important news.

Sir Henry noticed the information contained in this sentence. He knew that China has hundreds of millions of people and large cities has a large permanent population. The government can actually help citizens get vaccinated for free... It means that the actual cost of this vaccine is not high!

Just imagine that the current vaccine purchase price in London City is 6 pounds and 3p. If you want to vaccinate 400,000 citizens, then the royal family should pay 2.5 million pounds and go bankrupt directly.

Although the other party's government seems to be richer, Henry believes that it is impossible to provide more than 2.5 million pounds to help citizens get vaccinated free of charge, so the production cost of smallpox vaccine should be very low.
Chapter completed!