Advance Market Commitments for Vaccines Working Paper and Spread Sheet
نویسندگان
چکیده
منابع مشابه
Advance market commitments for vaccines against neglected diseases: estimating costs and effectiveness.
The G8 is considering committing to purchase vaccines against diseases concentrated in low-income countries (if and when desirable vaccines are developed) as a way to spur research and development on vaccines for these diseases. Under such an 'advance market commitment,' one or more sponsors would commit to a minimum price to be paid per person immunized for an eligible product, up to a certain...
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We analyze alternative designs for Advanced Market Commitment (AMC) programs to stimulate the development of new vaccine markets. We show that the initial mechanism proposed for these programs provides inefficient investment incentives, but a small modification that ties subsidies to committed supply increases efficiency. We also analyze the role of price ceilings, supplier competition and the ...
متن کاملAdvance market commitment for pneumococcal vaccines: putting theory into practice.
Markets for life-saving vaccines do not often generate the most desired outcomes from a public health perspective in terms of product quantity, quality, affordability, programmatic suitability and/or sustainability for use in the lowest income countries. The perceived risks and uncertainties about sustainably funded demand from developing countries often leads to underinvestment in development ...
متن کاملEconomic perspectives on the advance market commitment for pneumococcal vaccines.
Pharmaceutical companies have long been reluctant to invest in producing new vaccines for the developing world because they have little prospect of earning an attractive return. One way to stimulate such investment is the use of an advance market commitment, an innovative financing program that guarantees manufacturers a long-term market. Under this arrangement, international donors pay a premi...
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Interventions in global health utilizing overseas aid budgets have increasingly been characterized by a narrative of investment. This paper argues that in order to understand what makes a global health investment and its return on investment, we need detailed consideration of the financial, policy and advocacy work through which they are accomplished. Calculative devices, standards and protocol...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2006
ISSN: 1556-5068
DOI: 10.2139/ssrn.982966