research investment

There are so many delicious foods in the world, but galbi was very special.

I wanted to eat it since I was young, but I couldn’t eat it, and I only started eating it after I entered college.

“Eat a lot.”

“Yeah, thank you.”

Oh Myeong-wu, who has been to the countryside, brought ribs cooked by his parents to the semi-basement room.

Eating sweet ribs, I felt the happiness of life and the happiness of being alive.

Suwon King Galbi.

Raw ribs are delicious, seasoned ribs are also delicious.

‘Galbi is always right.’

I ate to my heart’s content, but I couldn’t overcome my hunger.

I slept soundly in Lee Jong-yeop’s car and opened my eyes.

“Aww.”

What surprised me when I stretched out in the parked car was that Jo Soo-ah was still in the back seat.

she said with a bashful laugh.

“Did you sleep well?”

“yes. I slept too deeply Mr. Jong-yeop?”

“I went in alone because I had something to report to the company.”

“I see.”

I looked at the clock and saw that it was approaching 5:30.

Time for work is slowly approaching.

Professor Paul from Johns Hopkins University was supposed to arrive at 7:00, but I decided to pick him up at the airport.

It would be very rude to make a professor from America wait.

“Sua, there is a place I need to go to. I don’t think I’ll be able to go to work because I don’t have time. Could you call team leader Ahn and tell him that he is leaving the field?”

“yes!”

I didn’t have time in the company parking lot, so I went home from work. I want to know what this is, but 10 minutes was an unfortunate situation.

I walked right to the parked Ferrari, and Jo Soo-ah followed me and said.

“Chief Kim.”

“yes?”

“Can I go with you too?”

“mmm.”

“I can’t help it if it’s a place I shouldn’t go or if it’s difficult.”

I decided to stay away from Jo Soo-ah. However, I had no intention of ostracizing her.

“You may go with me.”

“really?”

“yes. Because it is not a formal seat.”

If you’re a pharmaceutical company employee, you’re meeting a situation that’s all too familiar: two doctors.

One is a professor at Johns Hopkins University, and the other is a research doctor specializing in artificial intelligence development.

I had to pick up Professor Paul in the back seat, so I decided to drive over to Joshua’s car.

She called team leader Ahn.

“manager.”

-yes. Mr. Jo Soo-ah. How have you been?

Since he was talking on the phone right next to him, he could hear Ahn’s voice intact.

“yes. Nothing much happened. Can Manager Kim and I go home right away?”

-yes. Do it.

“yes. thank you.”

I usually explained the reason and thought the call would take 2 or 3 minutes. However, it ended with a simple report.

I thought Team Leader Ahn cared for me a lot.

If I were the front leg, Jo Soo-ah would be Suwon ribs.

* * *

Professor Paul was taller than 190 cm.

I made a meeting at a Japanese restaurant in Gangnam, and met Lee Ho-yeon with him and Jo Soo-ah.

“Nice to meet you. friend.”

“Paul, long time no see.”

After exchanging light greetings with a handshake, the two sat down.

“This is Jo Soo-ah. He is my co-worker.”

“Ah yes.”

At the airport, Jo Soo-ah seemed to have lost her senses for a moment.

I met a doctor at Johns Hopkins University Hospital out of the blue, and we talked in English.

However, when I said that I was investing in artificial intelligence, my eyes seemed to sparkle with curiosity somewhere.

The eyes looking at me are shining somewhere.

“I’d like you to look at this and judge.”

Lee Ho-yeon did not pay attention to Jo Soo-ah and immediately took out some documents.

It was data on the progress of artificial intelligence and the achievements made while analyzing viruses and proteins.

Professor Paul asked.

“Can I have a look?”

“okay.”

A place to decide on an investment.

Professor Paul is a friend of Professor Lee Ho-yeon, but he was with me as an advisor.

Review quite professional materials.

Yesterday, Hoyeon Lee explained the rough research, but the level of artificial intelligence was not clearly understood.

‘Artificial intelligence doesn’t just create a cure.’

It quickly extracts the data that must be obtained from extensive experiments.

While developing new drugs, they find effective ingredients, and during tests, they quickly collect and analyze data.

Medicine is the study of statistics.

If artificial intelligence and medical scientists keep pace with each other, all processes can be shortened.

In the distant future, artificial intelligence might create a customized cure like a magic bat.

It was different from when I heard about Lee Ho-yeon’s research yesterday when I didn’t know much about it.

‘It’s a great study.’

The research and development speed will be more than ten times faster. It was a study that could change the basis of medical research.

“Hoyeon, the development period was long.”

“I also worked in America in my spare time.”

“Was the support in Korea sufficient?”

“It wasn’t like that, but it was enough to continue my research.”

Professor Paul looked at it for about 30 minutes and then told me.

“It’s a great study. The progress is also great.”

“really?”

“If it wasn’t for Hoyeon, I wouldn’t have brought her here. If you don’t invest, I’ll sell my house in the US so that I can invest.”

Even if you don’t say that, you’ve already made a decision.

“I’ll invest, so you won’t have to sell the house.”

* * *

After dinner, I went to the laboratory in Gwangmyeong and looked around.

“There are about 20 researchers.”

“These are the people who followed me from America.”

There were people of many nationalities, including Americans.

They say that the reason they came all the way here is because they believe in Lee Ho-yeon’s genius and leadership.

‘If a person with that kind of personality decides to do something, it’s trustworthy.’

Negotiations continued until late at night, and it was decided that the investment would be carried out in the form of receiving a stake in Biolife and supporting research and development expenses every year.

I heard enough about the risks of investment from Lee Ho-yeon.

“Global pharmaceutical companies are starting to invest in artificial intelligence. Influenza and coronavirus are not their areas of interest, but in four or five years they will be able to apply them to these infectious diseases.”

“okay.”

“We will only receive support for research and development for up to five years. After that, you won’t need me.”

Lee Ho-yeon honestly explained the circumstances and said that if he did not produce meaningful results within 5 years, he would like to retire and live fishing on the beach.

It didn’t sound like a defeatist to me.

‘You can see his will to burn everything he has in 5 years.’

It was regarded as a declaration of war and a ticket to the government to risk their lives for research.

―Myungwoo Oh: Google is also interested in the field of applying artificial intelligence to medicine.

-Kim Shin: Did you?

I talked to Oh Myung-woo for a while, and valuable information came in.

―Myungwoo Oh: You know AlphaGo, right?

-Kim Shin: Of course I know. Are there Koreans who don’t know that?

Koreans are very interested in technological advancements and new things.

Even people who don’t normally watch Go must have seen the match between Lee Se-dol and AlphaGo.

When the result ended with AlphaGo’s overwhelming victory, it was felt that the era of artificial intelligence was approaching.

Quite a few office workers would have thought of a situation where artificial intelligence takes over their work.

―Oh Myung-woo: The company that made AlphaGo started developing artificial intelligence for medical use.

-Kim Shin: Really?

-Oh Myeong-woo: Yes. I started developing it under the name Alphafold.

If A and C play a role in viruses, blood, and cells, artificial intelligence finds interactions and meanings between A and C while additionally analyzing vast amounts of data.

Predict, find variants, and validate iteratively.

It does billions of analyzes that humans can’t do individually.

As data accumulates, artificial intelligence becomes more accurate.

―Kim Shin: It is similar to autonomous driving that develops according to the accumulation of data.

-Oh Myeong-woo: Yes. But the race to develop artificial intelligence is a race against time.

AlphaGo shocked the world.

The match against Lee Se-dol in March 2016 drew attention, but now teams from several countries have created Go artificial intelligence.

The speed of technology development was so fast that artificial intelligence came out that surpassed AlphaGo two years ago.

‘It must be Google.’

There are formidable adversaries.

Fortunately, there are differences in research fields.

Lee Ho-yeon’s research, which focused on influenza and coronavirus, was worthwhile at this point.

Is it a Korean sentiment?

While doing research at an officetel in Gwangmyeong, Lee Ho-yeon and the researchers can see how dry their under-eye area is.

When I saw them saying that staying up all night was the basics, I became more trustworthy.

“If you say 5 years, we will give you more solid support.”

“Is that true?”

“yes. But if you don’t really produce results by the time it’s 5 years… … Everything you have studied up to then must be handed over to me.”

Lee Ho-yeon’s eyes became fierce, and I was worried about getting an uppercut for a while. So I spoke quickly.

“Of course I will pay for the results. If you really retire, aren’t the results of your research worth it? I think it is better to accelerate medical development by handing it over to other pharmaceutical companies.”

The investment will be recovered to some extent, it will help medical development, and Lee Ho-yeon’s research will not be in vain.

It was a cold judgment, but it was a word that came from good intentions to the end.

Lee Ho-yeon did not land an uppercut.

“good. I will.”

It was decided to provide 10 billion won annually for smooth development for 5 years.

Judging from the research and development so far and the results to be accumulated over the next 5 years, I thought it was worth it.

If things go wrong, you will have to sell the results and data to various pharmaceutical companies.

* * *

Director Jung thought that he would be happy after ending his long solo life.

‘The years of living alone are over. It’s a bit late, but I just need to live happily.’

A love affair with Han Chae-won, one of the three most beautiful women in the company.

He said he had a history of divorce, but considering his age, he wondered what was wrong with it.

‘I want to have children soon. I should introduce myself to my parents at least next month.’

Before my aging parents pass away, I think I can show them how to meet a good match and get married.

After a few years, I began to imagine that when I returned home, my wife and children would welcome me.

I even calculated that I would collect the congratulatory money so far so late.

After work, I went to an expensive restaurant with Han Chae-won.

“What is your salary?”

“yes?”

“Oh, I think the salary will be high because I am a director.”

“right. My salary is high.”

Director Jung had a smile on his face.

I was proud to tell Han Chae-won, who was just a regular employee, about the surprising salary.

“Over 100 million.”

“Salary?”

“yes. Because I’m moving.”

“Why can’t that be the only thing?”

Han Chae-won showed an absurd reaction.

She thought that if she was a director, she would receive an annual salary of 200 million or 300 million won.

“The directors don’t get a very high salary compared to the employees.”

“okay?”

Since it is an organization that only distributes and sells German products in Korea, the directors did not make great management decisions.

It was all the more so because it was a role close to that of a general manager.

“Ah, there must be a lot of incentives. Yes?”

“incentive?”

The amount, including all bonuses received by directors, was 100 million won. I received this very graciously.

‘Chaewon is young and doesn’t know much about society. It’s amazing just to survive in the company.’

I wanted to say something, but I swallowed it.

“Where do you live?”

“Wangsimni… … .”

“Is this an apartment?”

“yes. Redevelopment has begun this time.”

The existing small villa was reconstructed and returned to a 28 pyeong apartment.

I wanted to talk at length about my thrilling real estate investment success over the past 10 years.

“It’s not Gangnam or Songpa.”

“… … .”

“How are your parents?”

“parents?”

“yes. In the future, if we want to start a family, shouldn’t we also know about our family?”

“My father was a university professor. Although it has been a long time since I retired.”

“That’s right. Being a university professor is great. When I was in college, I had a lot of respect for my professors. Where do your parents live?”

“He lives in Songpa.”

Director Jung saw Han Chae-won’s brighter appearance.

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