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April 27, 2021
On April 15, Gavi, the Vaccine Alliance, and the U.S. government co-hosted a high-level meeting centered around the theme of “One World Protected” to launch a fundraising campaign for the COVAX Advance Market Commitment (AMC). The COVAX AMC is a financing mechanism intended to make Covid-19 vaccines available at low cost for 92 lower- and lower-middle income countries with an annual gross national income per capita of less than $4,000. An adaptation of an earlier financing model used successfully to incentivize the production and distribution of new vaccines for pneumococcal disease, the COVAX AMC works by assuring manufacturers of a commitment to purchase a large quantity of vaccines and then uses donor funds to make them available at a reduced price per dose for lower and lower-middle income countries.
Explainer: Why is India calling for IP rules around Covid vaccines to be waived?
The World Trade Organization will meet again today to discuss the proposal. By Ian Curran Friday 30 Apr 2021, 6:30 AM 4 hours ago 13,637 Views 14 Comments
A mess cremation of Covid-19 victims in New Delhi.
Image: SIPA USA/PA Images
A mess cremation of Covid-19 victims in New Delhi.
Image: SIPA USA/PA Images
AS VIRUS CASES and death tolls linked to Covid-19 continue to spiral in the global South, particularly in India, the World Trade Organization will meet today basis to discuss a proposal to waive intellectual property (IP) rules around vaccines.
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