Chapter 628 Animal Experiments (2)(2/2)
Maybe not even 1% is used.
In fact, as early as the initial establishment of the project, Shen Guanglin's plan was to spend US$250 million to develop this drug.
It is divided into three major stages.
The first stage is to find useful compounds.
The second stage is to complete animal experiments and find suitable compounds.
The third stage is clinical trials to verify effectiveness.
He skipped those theoretical preparations and R&D ideas, and just let everyone keep trial and error.
In these three stages, he said that each would cost 100 million, 50 million, and 100 million.
He said it, but the pharmaceutical company didn't believe it, but still agreed to his nonsense.
What if it succeeds?
After all, Shen Guanglin is invincible, and no company has ever lost money on any project with him.
Anyway, PCR makes enough money, so what’s the point of losses?
As a result, Shen Guanglin completed the first phase of the task with less than 10 million US dollars, most of which was investment in fixed assets and purchased experimental equipment.
From the perspective of those who are not well-organized, the remaining 90 million should continue to be used for research.
Mr. Shen doesn’t think so. The second stage has a fundraising goal for the second stage, and it’s time for me to ask for money.
Williams reported to Shen Guanglin that he wanted money, and the money came over the same day.
Along with Qian, there is also a team of experts sent by them. They are very experienced in biological experiments and can provide some help.
We don’t pay wages, right?
Of course, Pfizer is willing to pay for it itself, just because it wants to verify with its own eyes whether this drug can work.
Sure enough, within a few days, the expert team arrived, led by a middle-aged white man named Davis.
Davis looks like Bush Sr., very friendly and capable.
In this era, China has a favorable impression of people in Citigroup who look like George H.W. Bush.
In future generations, such people will be typical examples of anti-China.
When Bush Sr. was in China, he did really well. He often rode his bicycle to eat roast duck, which was seen in many old Beijing cities.
Chapter completed!