Chapter 663: Two Panicking Companies Part Two (1/2)

“The source of the video is from the Mandala Lab’s website, there’s no mistaking it.” The marketing director said, “Skin restoration, they pushed the skincare industry forward by at least a few decades! At least for our little black bottle of genetic cell technology, we have lost completely!”

He didn’t need to say anything further and every one of the executives looked serious as they knew how harsh the situation was.

“This isn’t real, is it? How in the world is it possible to have this kind of skin repair technology? It must be CGI, I don’t believe their product is this good and revolutionary.”

The Marketing Director: “Let me remind you all, Mandala had previously developed anti-cancer drugs, and a 20mL bottle was once sold for 3 billion dollars. That is enough to show that they have a remarkable breakthrough in the field of biotechnology, and this time they have specialized in the field of dermatology and cell biology. It shouldn’t be surprising that they have the technology to make a better product than us.”

One of the directors wondered and asked. “President Page, why didn’t you acquire Mandal si

The other directors also expressed some anger as they said in hindsight, “Yeah, what were the

market research and venture capital departments doing? If we acquired Mandala, we would definitely be ahead of our old rival, Estee Lauder, and be in the leading position in the cosmetic industry.”

The president smiled bitterly. “We approached them during their anti-cancer drug auction, and even had Wall Street firms over to inquire about it. But it’s that the company doesn’t want to be acquired, but that we don’t have the money to acquire them.”

“No money?” Several of the directors frowned. “Did the Mandala Lab go public?”

The president: “Not yet.”

The director: “Since it’s not listed, then all offers are at our discretion.”