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Economics & Marginalia: May 31, 2024

Economics & Marginalia: May 31, 2024
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Novavax and Gavi Settle Dispute Over Covid Vaccines Pact, Avoiding Arbitration

By settling now and agreeing to deferred payments over the next five years, Novavax avoids the risk of being responsible for a much bigger payout all at once. The arbitration hearing over the disputed vaccine purchase agreement with Gavi was scheduled for this summer.

The Role of Regulation in Advancing African Vaccine Manufacturing: Policy Options for Gavi

Regulation plays a vital role in ensuring the quality, safety, and efficacy of vaccines and a strong regulatory system is key to successfully expanding vaccine manufacturing. The Gavi Secretariat is currently fine-tuning the design of a new Advance Market Commitment (AMC) a financial mechanism to subsidize African-made vaccines and provide the needed “pull” for a nascent, competitive industry.

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