KevinMD February 18, 2023
The genius of Henry Ford was in his perfection of mass production. Ford’s assembly lines produced oodles of Model T, with economies of scale so that the cost of each car fell to the point that even those working in those lines could afford them. His method was copied by other car manufacturers and ultimately by other industries as well.
The pharmaceutical industry was one of them. The industry mass produces medicines with the same dose, frequency, and strength, irrespective of the patient’s ethnicity, body weight, height, or gender. This assembly line keeps the cost of medicines below what they could have been (though Americans do pay a lot more than citizens of other countries, mainly due to marketing tactics)....
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