Advance market commitment
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An advance market commitment is a promise to buy or subsidise a product if it is successfully developed. AMCs are typically offered by governments or private foundations to encourage the development o
A shipment of vaccines delivered to Vietnam as part of the COVAX AMC
GAVI
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GAVI, officially Gavi, the Vaccine Alliance is a public–private global health partnership with the goal of increasing access to immunization in poor countries. It is the largest organisation distribut
Advance market commitment
…expression was used in an academic paper estimating the cost-effectiveness of the measure. The first advance market commitment was launched in 2009 by GAVI, the World bank, WHO, UNICEF, five national governments, and the Gates Foundation. It targeted pneumococcal disease. According to a 2005 WHO estimate…
Preparing a measles vaccine supplied by Gavi at Mecha health centre, in northern Ethiopia
Bill Gates, speaking at the UK-hosted Gavi pledging event in June 2011
The number of manufacturers making certified pentavalent vaccine increased, making the market more competitive. Graph by Gavi; manufacturers are not named.[clarification needed]
All pentavalent vaccine prices fell and price discrimination almost vanished. Graph by Gavi; non-UNICEF prices not shown