Opinion: Saving lives should be good business. Why doesn’t that apply to finding new antibiotics?
by Isaac Stoner
Mar 18, 2020
3 minutes
I have spent my career as a biomedical entrepreneur working to develop products that have the potential to save lives while also generating returns for shareholders. Two years ago, I co-founded a new company, Octagon Therapeutics, focused on a critical unmet medical need and a growing market opportunity: more effective antibiotics. It turned out to be a disaster.
We invested significant resources into developing a promising treatment for infections caused by drug-resistant bacteria. These “superbugs,” which do not respond to most existing antibiotics, are responsible for nearly . If current trends continue, drug-resistant bacteria will be by 2050.
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