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Global Health, Development and Business Leaders Announce New Innovative Financing Partnership to Deliver Essential Health Supplies More Quickly and Efficiently
Date:5/17/2013

elivering more donor value for money”

Dr. Mark Dybul, Executive Director of the Global Fund to Fight AIDS, Tuberculosis and Malaria: “The Global Fund has undergone a number of enhancements in our process and we are joining efforts with partners like Pledge Guarantee for Health to not only accelerate delivery of essential health commodities but also to increase value for money.”

Ms. Kathy Calvin, President & CEO, United Nations Foundation: “Pledge Guarantee for Health works because it delivers aid faster, saving millions of lives. While the financial mechanisms may be complex, the goal of PGH is simple: to quickly and effectively reduce deaths from easily preventable diseases.”

Mr. Adam Schechter, President of Global Human Health, Merck & Co., Inc.: “By joining in this partnership with PGH, our company will help to provide developing countries and local health workers with improved faster access to our life-saving medicines and vaccines. This aligns with our overarching goal to partner with governments to develop sustainable programs and efforts to increase access to health care.”

Mr. Mikkel Vestergaard Frandsen, CEO, Vestergaard Frandsen: “Through this valuable partnership with PGH, we can help save more lives and prevent unnecessary illness among people living in developing countries, who will receive our anti-malaria bed nets quickly and efficiently.”

Mr. Aron Betru, Managing Director, PGH: “Building off the success of PGH’s proof-of-concept transactions in Sub-Saharan Africa, with the help of our guarantor, donor, supplier and banking partners, we are ready to scale up and move on a number of transactions in contraceptives, vaccines, anti-retrovirals, and malaria bed nets. Leveraging innovative financing, we hope to help programs achieve more impact with each deal, helping every donor dollar reach the end-user faster and with more value.”

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