this post was submitted on 22 Dec 2023
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Just a reminder that we don't have new antibiotics because it's so difficult to develop them. We don't have new ones because they don't make very much money for companies. Antibiotics are too important to leave up to capitalism.
Antibiotics one of the most prescribed and mass produced medicines in the world (short of possibly NSAIDs), doesn't make any one money. There is absolutely no market incentive whatsoever.
You know it's not necessary to lie about basic facts, if you don't like capitalism there is much better points to criticise that don't need to be fabricated.
Isn't that exactly what roofuskit said? Sorry to ask but, where's the lie?
The first sentence was sarcasm. How does a company mass produce something that makes no money?
Financially illiterate people seem to be under the impression that rare treatments with high markup are the fiscal bedrock of pharmaceuticals when the reality is that smaller profit but mass produced medicines comprise far greater total income.