Chapter 2 - The Red Ink of Biovance

The executive boardroom of Biovance Therapeutics looked out over the gray, white-capped waters of Lake Michigan from the thirty-eighth floor of the Prudential Plaza. The room was a monument to clinical sterile wealth: white leather chairs, a glass table that stretched forty feet, and automated monitors that displayed real-time clinical trial data from three different continents.
Daniel Park sat at the head of that table, his hands pressed flat against the glass to hide the tremor in his fingers.
"What do you mean, the zoning grant is frozen?" he demanded, looking across at Arthur Vance, the senior legal counsel for Biovance—a man whose hair had gone white during three decades of protecting pharmaceutical patents.
"I mean exactly what I said, Daniel," Vance replied, his voice dry and entirely devoid of the deference he had shown during Daniel’s inauguration ceremony three days ago. "The city clerk’s office issued an administrative stay at twelve-forty-five today. They’re citing an environmental impact discrepancy in our waste disposal blueprints for the South Side facility. It’s a total fabrication, of course. Our blueprints were certified by the state three months ago."
"Then call the mayor!" Daniel shouted, his voice cracking, the corporate composure he had practiced so hard entirely vanishing. "The mayor was at my dinner party on Tuesday! He told me Biovance was the future of the city’s tech sector!"
"The mayor’s chief of staff called me ten minutes before this meeting started," Eleanor Vance, the head of the board’s regulatory committee, said from the center of the table. She didn't look angry; she looked cold, her eyes fixed on Daniel with the predatory assessment of an investor who smelled a bad asset. "She told me that the mayor has developed a sudden, deep concern for the soil quality in the Medical District. She also suggested—very subtly, but very clearly—that this concern would disappear if Biovance were to resolve certain... personal reputational liabilities currently associated with our executive leadership."
Daniel felt the blood drain from his face. "Reputational liabilities? I’ve been CEO for seventy-two hours! My record is spotless!"
"Is it?" Eleanor asked, sliding a tablet across the glass.
On the screen was a live blog post from Chicago Ledger, a high-society digital magazine that covered the city’s elite. The headline was small but lethal:
New Biovance CEO Marks First Week with West Loop Lunch-Rush Divorce Presentation.
The article didn't mention names besides Daniel’s, but it described the scene at Marigold Table with agonizing precision: the new CEO presenting divorce papers to his long-term wife while she was wearing a kitchen apron, the mention of her restaurant’s profits being used to fund his early career, and his insistence that her contribution to his success was non-existent.
"This is trash gossip," Daniel hissed, slamming the tablet down. "My wife runs a small noodle shop in the West Loop. She’s an ordinary girl from a working-class family. This has nothing to do with our drug development pipeline!"
"It has everything to do with our pipeline if Apex Horizon Group decides to short our stock tomorrow morning," Eleanor said, standing up and leaning over the table, her shadow falling across Daniel’s expensive new watch. "Daniel, do you know who controls forty percent of our private equity debt? Do you know who owns the distribution warehouses we lease in Rosemont and Alsip?"
Daniel blinked, a cold, greasy sweat breaking out along his hairline. "Apex... Apex Horizon?"
"Kang Jin-woo," Eleanor said, pronouncing the name like a verdict. "He doesn't do interviews. He doesn't go on CNBC. But if he decides that Biovance is a toxic brand because our new CEO likes to humiliate his wife in front of the local press, he can call our notes by Friday afternoon. Do you know what happens to our stock price if Apex pulls its logistics support before our Phase 3 trials are announced?"
"It... it drops," Daniel whispered.
"It doesn't drop, Daniel. It disappears," Eleanor said. She picked up her leather portfolio and closed it with a sharp, definitive snap. "The board is granting you forty-eight hours to resolve this matter with your wife. Quietly. Generously. If Marigold Table is still a story by Wednesday morning, we will find a CEO whose domestic profile is far less expensive to maintain."
Daniel sat alone in the massive room long after the board members had left. The light over the lake was changing, the bright blue of midday giving way to a bruised, heavy slate gray.
He pulled his phone from his jacket pocket, his thumb hovering over Emily’s name. For five years, her name had been his anchor. Every time a presentation went badly, every time a superior passed him over for a promotion, he had called her, and she had spent hours reminding him of who he was.
Now, he couldn't even press the button.
He stood up, walking over to the window, his eyes tracking the tiny, distant line of cars moving along Lake Shore Drive. He felt an intense, irrational surge of anger. How had she done this? She was just a girl who spent her days chopped garlic and green onions. She didn't know people like Kang Jin-woo. She didn't know how to stop a hundred-million-dollar development project.
He grabbed his coat and hurried toward the private elevator, his mind racing through a dozen different strategies. He would double the settlement. He would offer her the condo in Gold Coast. He would buy her whatever she wanted, as long as she signed the paper and told the world that Daniel Park was a good man.
He didn't know that three floors below his office, sitting in a black Mercedes sedan with darkened windows, a man named Min-ho—Jin-woo’s personal assistant and chief of security—was hanging up a secure satellite phone.
"The board gave him forty-eight hours, Chairman," Min-ho said, looking into the rearview mirror at Jin-woo, who sat in the back seat with an old leather-bound ledger in his lap.
"Good," Jin-woo said without looking up from the pages. "Let him spend twenty-four of them realizing he has nowhere left to run. And Min-ho?"
May you like
"Yes, Chairman?"
"Have the flowers delivered to the restaurant at five. White camellias. She likes the scent."