I disagree.
Firstly, I disagree with the specifics of your counter; I disagree that industrialising antibiotic production is some kind of academic exercise. That's just a specific, though; I'm inferring that's what you're saying, from your comment on academia. Maybe that's not what you're saying?
My larger disagreement; I think the article isn't about the individuals. It's about the work. The article asks "if you stopped doing your work, and nobody replaced you, how much suffering would that cause?" If nobody industrialised antibiotic production, the additional suffering is huge. It's not about deciding that one person went down a research dead-end and therefore that job is a made-up job. I don't need hindsight to identify that industrialising antibiotic production is a less made-up job than renaming PwC "Monday".