If the taste of the medicine was too bitter, it would usually be dried first before being placed on the production line to administer the tablet made out of sugar-coated tablets such as the most common vitamin C tablets, Mivolis.
Charlie took a portion of each of the two medicinal mud and crushed them with his fingertips. After smelling them, he nodded with satisfaction and said," These two medicines are very well-made. Remember t o give a red envelope to the team who worked overtime."
Liam heaved a sigh of relief and hurriedly said, "Don’t worry. I will definitely give everyone a red envelope when I go back."
As Liam spoke, he then added, "By the way, Master Wade, the cost of the Golden Life Renewal Pill is really too high. All of the materials are precious herbs, and it cost nearly one hundred thousand dollars just for the trial production of this medicinal mud..."
Charlie nodded and said seriously, "The requirements for the herbs of this kind of medicine are already very high and so, the cost will definitely be high. If this medicine were to be placed on the market in the future, I'm afraid that only those rich people would be able to afford it.”
Liam sighed and said, "This is the law of business, and
it is also the reality of the situation. It's just like those luxury cars that often cost millions of dollars because of the cost, materials, and brand value that are piled u p. They really serve the rich, and ordinary people do not stand a chance at all."
Charlie sighed and said, "It is indeed the law of business, and there is nothing that we can do about it."
As he said that, Charlie then said to Liam again. " Liam, you should also try to make a batch of the Golden Life Renewal Pill first. After that, you should market it as a high-end tonic product from The Apothecary Pharmaceutical. As for the price, it should naturally be set higher. The domestic retail price should be more than ten times of the expected total cost, and the foreign retail price should be more than twenty times.”
"After production, you can give some to high-end customers to try so that you can see their response. If there is a very urgent demand for this medicine, the price can then be increased again appropriately."
It was not that Charlie was wicked, but the price of high-end medicine already had a very high premium component in itself. This was especially so for high-end tonic medications which were outrageously expensive.
Although the popularity of cordyceps has dropped a lot over the recent years, the price had not dropped at all. The price of high-end cordyceps per gram was even more expensive than gold.
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