Vaccine advance-purchase agreements for low-income countries: practical issues.
There are strong theoretical arguments for the creation of advance-purchase agreements to increase incentives for the development and production of vaccines for diseases concentrated in low-income countries. A Center for Global Development working group recently concluded that such agreements could be implemented successfully. We consider the practical economic and legal arrangements for such advance-purchase commitments. We identify several practical issues that we believe the public health and policy community should consider further in the design of an advance-purchase commitment.
Berndt
Ernst R
ER
Sloan School of Management, Massachusetts Institute of Technology, Cambridge, MA, USA. eberndt@mit.edu
Hurvitz
John A
JA
D032982:Contracts; D003906:Developing Countries; D004345:Drug Industry; D038622:Internationality; D014481:United States; D014612:Vaccines / Q000600:supply & distribution*
D014612:Vaccines