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The Wall Street Journal today reported on prospects for Advance Market Commitments. The page 4 article, "Advance-Purchase Contracts Could Be Cure for Vaccine Sellers", (subscribers only), reviews ideas presented in "Making Markets for Vaccines", published by the Center for Global Development. The Journal says:
The funding tool could help save millions of lives, the report says. Its authors -- a working group representing the industry along with legal, nonprofit, academic and policy-making sectors -- say the advance contracts could be a cure for market failure that has deprived poor countries of desperately needed vaccines delayed their distribution for decades.
CGD blog posts reflect the views of the authors, drawing on prior research and experience in their areas of expertise. CGD is a nonpartisan, independent organization and does not take institutional positions.