2011
DOI: 10.2471/blt.11.087700
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Advance market commitment for pneumococcal vaccines: putting theory into practice

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Cited by 40 publications
(35 citation statements)
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“…The two vaccines were selling for an average of E40 in Europe and US$90 per injection in the USA. Each manufacturer's share of the AMC funds is disbursed as a subsidy per dose, in addition to the tail price of US$3.50 thus, the total price goes up to US$7 for approximately the first 20% of vaccine doses procured from each manufacturer (Cernuschi et al 2011). The aim is to enable firms to quickly recover incremental investment costs incurred to allow the scaling up of supply capacity to serve GAVI-eligible countries faster through the WHO and UNICEF as procurement agents.…”
Section: Fundingmentioning
confidence: 99%
“…The two vaccines were selling for an average of E40 in Europe and US$90 per injection in the USA. Each manufacturer's share of the AMC funds is disbursed as a subsidy per dose, in addition to the tail price of US$3.50 thus, the total price goes up to US$7 for approximately the first 20% of vaccine doses procured from each manufacturer (Cernuschi et al 2011). The aim is to enable firms to quickly recover incremental investment costs incurred to allow the scaling up of supply capacity to serve GAVI-eligible countries faster through the WHO and UNICEF as procurement agents.…”
Section: Fundingmentioning
confidence: 99%
“…PCVs are amongst the most expensive vaccines that are routinely used for infant vaccination. Although the Advance Market Commitment (AMC) and the support of Gavi, the Vaccine Alliance substantially reduced the PCV price for low income countries [ 15 ] and pooled procurement might help reducing the costs for middle income countries [ 16 ] PCVs pose a considerable investment that requires robust evidence about its likely impact. A better understanding of the main factors that determine the impact of PCVs is essential to reduce the uncertainty around the impact and cost-effectiveness estimates of PCVs in PCV-naive countries, as well as for the assessment of the likely impact of future PCV compositions and to inform programme maintenance justifications.…”
Section: Introductionmentioning
confidence: 99%
“…In parallel to understanding the burden of specific pathogens, new financial mechanisms have been developed – such as the Advance Market Commitment (AMC) – to reduce the prices of available vaccines and deliver them in low– and middle–income countries, where they would otherwise remain unaffordable to local governments [11]. The Global Alliance for Vaccines and Immunization (now called the GAVI Alliance) has been set up to raise funding to purchase these vaccines, with major contributions from the Bill and Melinda Gates Foundation who stood firmly behind the initiative to vaccinate children and prevent respiratory infections [12].…”
mentioning
confidence: 99%