{"id":111618,"date":"2020-08-19T23:22:34","date_gmt":"2020-08-20T06:22:34","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/08\/why-creating-life-saving-drugs-is-a-lousy-bet"},"modified":"2020-08-19T23:22:34","modified_gmt":"2020-08-20T06:22:34","slug":"why-creating-life-saving-drugs-is-a-lousy-bet","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/08\/why-creating-life-saving-drugs-is-a-lousy-bet","title":{"rendered":"Why creating life-saving drugs is a lousy bet"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/why-creating-life-saving-drugs-is-a-lousy-bet2.jpg\"><\/a><\/p>\n<p>In a bitter paradox, antibiotics fuelled the growth of the twentieth century\u2019s most profitable pharmaceutical companies, and are one of society\u2019s most desperately needed classes of drug. Yet the market for them is broken. For almost two decades, the large corporations that once dominated antibiotic discovery have been fleeing the business, saying that the prices they can charge for these life-saving medicines are too low to support the cost of developing them. Most of the companies now working on antibiotics are small biotechnology firms, many of them running on credit, and many are failing.<\/p>\n<hr>\n<p>Paratek Pharmaceuticals successfully brought a new antibiotic to the market. So why is the company\u2019s long-term survival in question?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a bitter paradox, antibiotics fuelled the growth of the twentieth century\u2019s most profitable pharmaceutical companies, and are one of society\u2019s most desperately needed classes of drug. Yet the market for them is broken. For almost two decades, the large corporations that once dominated antibiotic discovery have been fleeing the business, saying that the prices [\u2026]<\/p>\n","protected":false},"author":417,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,43],"tags":[],"class_list":["post-111618","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-business"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/111618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/417"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=111618"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/111618\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=111618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=111618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=111618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}