Making Markets for Vaccines

Ideas to Action : Report of the Center for Global Development Working Group

• Author(s): Owen Barder, Alice Albright, Michael Kremer, Ruth Levine,
• Publisher: Center for Global Development
• Pages: 113
• ISBN_10: 1933286024
  ISBN_13: 9781933286020
  
• Language: en
• Categories: Business & Economics / General , Business & Economics / Development / Economic Development , Business & Economics / Industries / General , Business & Economics / Industries / Service , Business & Economics / Industries / Pharmaceutical & Biotechnology , Medical / General , Medical / Preventive Medicine , Social Science / Developing & Emerging Countries , Social Science / Social Classes & Economic Disparity ,

Description:... Making a commitment in advance to buy vaccines if and when they are developed would create incentives for industry to increase investment in research and development. New commercial investment would complement funding of research and development by public and charitable bodies, accelerating the development of vital new vaccines for the developing world.

This report presents the proposal from theory to practice, by showing how a commitment can be consistent with ordinary legal and budgetary principles. By creating arrangements that devote the same scientific effort to diseases of the poor as we put into diseases of the rich, we can make a lasting contribution to the defeat of poverty.