Investors call for stop to use of antibiotics in food industry

A group of 71 investors, which collectively account for more than $2,000bn in assets, are urging the food industry to end or reduce the use of antibiotics when these are not strictly necessary. Investors are afraid that antibiotic-resistant bacterial strains could develop. This would pose a serious financial and health risk. A recent report by Public Health England estimated that, by 2050, the social cost of antimicrobial resistance will be as much as $100kbn. Antibiotics are given mainly to chickens and pigs, almost exclusively to prevent infections and not to cure them.
(Source: FT)