After speaking, Stella Fei added:
“In addition, there are currently the top organ transplant centers in the United States, the top cancer diagnosis and treatment teams, the top cardiovascular and cerebrovascular and anti-aging research teams, and our clotting center is underground.”
“The fifth floor is designed to operate for 300 years. Grandpa said earlier that if he left, he would be sent here to be frozen immediately, leaving a ray of life for the future. Maybe technology in two or three hundred years will bring it back to life.”
Charlie nodded and sighed: “It seems that maintaining such a medical research institute will cost the Fei family a lot every year.”
Stella Fei sighed: “Let’s start with at least one billion US dollars per year. At peak stages, there are times when two or three billion US dollars are burned in a year.”
After saying this, Stella Fei added:
“However, although we are not pursuing profit here, it is indeed profitable, and some effective scientific research results can also be commercialized very well, and can make a lot of money. Currently, more than 70% of the costs here are recoverable.”
“This is the case in the medical industry. Although the investment cost is very high, once a top-level special medicine or excellent new treatment method is developed, it can generate 10 billion or 20 billion US dollars a year. It’s not hard, but betting on one product can turn losses into gains.”
Charlie agrees:
“In the medical industry, the scariest thing is not wanting to invest in research and development costs. Some pharmaceutical companies have used so many drugs over several years or even decades, and it is difficult to make any social decisions. contributions, or It takes a lot of money to invest in R&D to benefit society.”
Stella Fei nodded and said seriously: “Master Wade is right, for the medical industry, research and development is very important, so after I took over the Fei family, I didn’t reduce the budget here, but added more than before. Flexible budget of 30% and 50%.”
The two chatted and had already arrived at the elevator entrance on the top floor.
At this time, the elevator had just appeared, and when they opened, three men walked out. One of the men recognized Charlie briefly, and then said to Charlie excitedly: “Mr. Wade! Oh Lord! It’s really you. . Mr Wade!”
Charlie frowned and looked at the man speaking in front of him, only to find out that the man in front of him was actually James Smith, the head of the US FDA, whom he had previously contacted!