Industry and private sector leaders meet with Gavi and Bill Gates ahead of the Replenishment Conference in Berlin, Germany. With industry support, Gavi is working to mobilise US$ 7.5 billion to save 5-6 million lives in the poorest countries of the world.
Berlin, 26 January 2015 – Gavi, the Vaccine Alliance today welcomed new commitments from a number of private sector partners towards its mission to immunise children in developing countries.
The commitments - made by vaccine manufacturers and other private sector companies - will contribute towards Gavi's goal of immunising 300 million children in the world's poorest countries between 2016 and 2020, leading to five to six million lives being saved.
The announcements come on the eve of the pledging sessions of the Gavi Pledging Conference. The conference, being held in Berlin under the patronage of German Chancellor Angela Merkel, aims to secure funding to ensure Gavi can reach its ambitious targets.
“It is encouraging to see vaccine manufacturers increasingly recognising the importance of sustainable vaccine markets for developing countries,” said Gavi CEO Dr Seth Berkley. “The commitments made today will help us make more vaccine doses available at a lower cost and will support countries as they move towards financing and sustaining their own immunisation programmes. This will lead to more children being protected and more deaths being averted.”
The following commitments were announced today.
The commitments made today will help us make more vaccine doses available at a lower cost and will support countries as they move towards financing and sustaining their own immunisation programmes. This will lead to more children being protected and more deaths being averted.
Seth Berkley, CEO of Gavi, the Vaccine Alliance
Additionally, Merck and NewLink Genetics committed to provide their investigational Ebola (rVSV-EBOV) vaccine to Gavi-eligible countries at the lowest possible access price.
In a statement, the International Federation of Pharmaceutical Manufacturers and & Associations (IFPMA) said: “Vaccines are recognised as one of the most cost-effective health interventions, with potential for substantive, positive impact on health, productivity, and well-being across the globe. IFPMA member companies are proud of their role to help support strong immunisation programmes through ensuring sustainable research and development, manufacturing and availability of high-quality vaccines.”
Sustainable vaccine markets for developing countries are a key part of Gavi’s mission. Before Gavi was formed in 2000 there was little incentive for manufacturers to offer vaccines at affordable, low prices to developing countries. Gavi’s purchasing power, which covers around 60 percent of yearly global birth cohort, means that it is able to provide a stable, sustainable market when negotiating low prices for vaccines.
The model has proved successful in increasing supply and reducing prices. Since 2010 there has been a 37 percent drop in the total cost of a package of three important vaccines – pentavalent, pneumococcal and rotavirus. Commitments by manufacturers to continue to allow countries to access these prices after Gavi support ends is a vital component of sustainable immunisation programmes.
The expansion of the private sector’s role in supporting Gavi is also bringing additional financing and new technical expertise to the address the challenges of ensuring vaccines reach children in developing countries.
Gavi today announced three new partnerships to support immunisation in developing countries:
Gavi’s private sector partners play a key role in bringing new ideas and expertise to support our mission
Seth Berkley, CEO of Gavi, the Vaccine Alliance
In addition, last week at the World Economic Forum, the International Federation of Pharmaceutical Wholesalers (IFPW), Star Syringe and Hindustan Syringes and Medical Devices (HMD) all made commitments to support Gavi’s mission. The commitment from IFPW represents the first of its kind for the global pharmaceutical wholesale industry.
“Gavi’s private sector partners play a key role in bringing new ideas and expertise to support our mission,” said Dr Berkley. “By bringing the best of the private sector to Gavi, together we are able to find innovative ways to solve the big challenges of immunisation, such as improving supply chains, and ensure that more children can be reached with vaccines.”
These new commitments coupled with pledges from existing private sector partners “La Caixa” Foundation, LDS Charities, the Lions Clubs International Foundation and matches from the Gavi Matching Fund amount to an estimated US$ 95 million, including US$ 18.2 million of in-kind contributions, will provide critical support for 2015 and Gavi’s next strategic period.
Gavi, the Vaccine Alliance is funded by governments (Australia, Brazil, Canada, Denmark, France, Germany, India, Ireland, Italy, Japan, the Kingdom of Saudi Arabia, Luxembourg, the Netherlands, Norway, the People’s Republic of China, Republic of Korea, Russia, South Africa, Spain, the State of Qatar, the Sultanate of Oman, Sweden, United Kingdom, and United States), the European Commission, the OPEC Fund for International Development (OFID), the Bill & Melinda Gates Foundation, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, as well as private and corporate partners (Absolute Return for Kids, Anglo American plc., the A&A Foundation, The Children’s Investment Fund Foundation, Comic Relief, the ELMA Vaccines and Immunization Foundation, JP Morgan, Kuwait Youth Committee, “la Caixa” Foundation, LDS Charities, Lions Clubs International Foundation, UPS and Vodafone.
Click to view the full donor list.