Nexus WR&D is planning on creating, in the next few years through subscription fees, the Nexus WR&D Research and Development Facility (R&D Facility). Nexus WR&D will not make excessive profits from our research so that all inventions are within the reach of all people and not just the wealthy that can afford it.
The goal of Nexus WR&D is to create a research facility that is self-supporting and will never need or request government funding opening itself to any form of government control. Governments usually expects to get something for their funding and often also expect to have a good deal of control of what is done with the funding that they provide, including potential weapons technology research and other such projects and once any such technology is created, they can classify or limit its use to better suit their own agendas.
Nexus WR&D Facility aims to recruit the greatest minds from Australia and all around the world to begin research and development with the goal of genuinely making the world a better place. We plan on creating needed science and technology and then making them available to as soon as possible and at a price well within reach of normal people. All inventions created at our facility belong to Nexus WR&D. We are also intentionally not listed on the stock exchange and never will be so that shareholder excessive profits are not a driving factor of price of inventions ad technology. An example would be that if we create an artificial hand that costs $100 to make after the already spent research costs, it will sell for $100 plus a $50 fee to the public (to fund other current or future research projects). Most companies would insert a high cost on top of the cost to make a product to eventually recoup the research costs and then make excessive profits. We don’t plan to recoup the costs of the research to create, for example, the aforementioned artificial hand, we simply want to start funding the next project. Nexus WR&D is a philanthropic endeavour that will profit but not excessively like, for example, pharmaceutical companies. This policy will be the same for all inventions and discoveries made at Nexus WR&D. It may sound ‘fake’ but we Nexus WR&D genuinely has humanity’s betterment in mind because any world we improve for others becomes a better world for us to live in too.
One of our first projects, when we are at full staff strength, will be to create a permanently powered artificial heart that costs around $500 to make in parts and then we would charge and extra $150 to the public (to again fund current or future research). The patient would then simply need to pay for the operation to install it and we have ideas about that too (keep reading). This far outweighs the estimates of $100,000 to $300,000 in just the initial year that current artificial hearts cost (https://pubmed.ncbi.nlm.nih.gov/10311835/#:~:text= Estimates%20of%20the%20cost%20of,patient%20in%20the%20initial%20year). We believe that such fees are excessive in the extreme and must be profiting medical research companies immensely. We already account for running costs in our expenses funded by the Nexus WR&D Subscription website and so recouping the costs of researching technologies or raising money for shareholders is not a priority.
On the 20th of September 2015 the New York Times noted as an example a drug used for the treatment of a life-threatening parasitic infections that was bought by a pharmaceutical company who overnight raised the one tablet price from $13.50 to $750.00, likely making their shareholders richer and the cost of some patient treatments soar to hundreds of thousands of dollars and if they want to live, they simply needed to find the money. This was disgusting in our minds. We also have failsafe plans in case the likes of medical facilities have designs to overcharge for our research and for surgical procedures to profit themselves. Although we have no plans on opening medical facilities, but we will monitor this very closely and if found to be the case, we will create our own medical facilities to treat people. There is no reason why a $750 artificial heart should cost $250,000 simply because people need it to live. This relates to the law of supply and demand in which the relationship between the price of a product is based on the willingness or need of people to buy (or sell) it. We believe that in medicine, this is morally wrong but pharmaceutical companied don’t seem to understand this…we do.
Why? It’s simple. As touched on basically earlier, Governments and self-interest corporations tend to have agendas and want to make money or gain advantage through research funded by them. We will accept donations and funding, but not from governments, and not from people and corporations wanting to control how that money is used. Our philosophy is...
In order to garner the best researchers and staff that we can get, staff will also eventually have the following benefits, as they become available, funded by Nexus WR&D...
These benefits may seem excessive to some but if you want the best, you need to pay for it. We want the Mercedes Benz of researchers from around the world to achieve the kinds of goals thought impossible by many, not the 70s rust box car of researchers that are past their used-by dates and no longer working at their peak. It is hoped that these benefits will bring the best researchers from all over the world to the Nexus WR&D Facility. For this however we need your help…subscribe and get your friends to as well! The more subscriptions we have, the more funding we can spend on research to improve humanity.