Navigation Links
$35 billion needed globally for immunization

Globally $35 billion will be required for immunization in the next ten years to save an additional ten million lives//.

The money will go towards reaching more children with basic vaccines, improving health care systems and introducing new vaccines such as those for pneumococcus, rotavirus, meningitis and Japanese encephalitis, a UNICEF and WHO report released here revealed.

But there is a huge financial gap of $10-15 billion, which the Global Alliance on Vaccines and Immunization (GAVI) hopes rich countries will bridge.

However, there was a shortfall of $10 ten to $15 billion dollars in ensuring rapid development and availability of vaccines worldwide, which is crucial in reducing childhood mortality. This amount would have to be met by increasing the contributions from the governments, international organisations and from other sources like solidarity tax and levy on air tickets, Mr Lob-Levyt, secretary of GAVI said. Norway has already announced that it will give $75 million annually to the fund for the next decade.

The current $2.5 billion annual spending on immunization in the poorest countries would have to be increased to $3.5 billion by 2010 and $4 billion by 2015 to achieve the goal.

''For the first time we have a costed global picture, a global strategy and a process for tracking needs against the available resources. This information was a great achievement by WHO, UNICEF and other partners. It places GAVI Alliance in a great position to respond to the challenges posed by the partners' Global Immunization Vision and Strategies program,'' Mr Lob-Levyt said.

Of the $35 billion needed for the 72 poorest countries in the next decade, there is a $10-15 billion funding shortfall if we are to achieve the goal of saving 10 million more lives. This huge shortfall of $10-15 billion is needed for immunization to save millions of lives in the next 10 years, the GAVI urged rich nations to con tribute generously. Another 10 million lives could be saved if an additional $ 1 billion is spent on child and maternal immunization between 2006-2015, experts said.

A public-private alliance set up five years ago with contributions from 11 nations and several organisations, the GAVI partners envisage reducing by two-thirds child mortality caused due to vaccine preventable diseases like malaria, rotavirus, Hepatitis B and Haemophilus influenza type B (HIB).

Many of the vaccines against these diseases have been in use in the developed countries for the last 15 years, but have failed to reach the poor nations mainly due to their high cost.

Currently, the poorest countries finance one-third of their immunisation expenses on an average.

Of the estimated $35 billion, 15 percent would be needed to buy the vaccines available and those being developed, and the rest to strengthen the system to take the vaccine to the children, Director of Immunisation at the World Health Organization, Jean-Marie Okwo-Bele told reporters.

The total amount spent by GAVI on vaccines will rise from about $350 million a year in 2005 to $1.5 billion by 2015 as the coverage is expanded with vaccines currently used and new vaccines.

"Our target is to make the vaccines in the rich nations available to the poor nations and reach out to 15 million additional children over the next ten years," Lob-Levyt said.

The introduction of new vaccines in the national immunisation programs of poor nations has seen the expenditure rise from $2.5 per child from $5, he said. In the last five years, GAVI has supported immunisation of 100 million additional children with new generation vaccines.

A key component of GAVI's expansion drive over the next decade is to involve the pharmaceutical sector in the developing countries like India in research and development of some new vaccines like rotavirus, malaria, HIV and Japanese encephalitis.

Accounting for about 60 percent of the vaccines used by UNICEF for the immunisation programs, India is expected to continue playing an active role in future programs.

Several Indian companies, including the Serum Institute, Shanta Biotech, Panacea Biotech and Bharat Biotech, have already been pre-qualified by the WHO for export of vaccines.

Many of these companies are partners in developing new vaccines. This trend of having more than one manufacturer in the fray will bring down the cost of vaccine production, making efforts of GAVI widely reachable, the experts said.
'"/>




Related medicine news :

1. Multi billion-dollar suit filed against cell phone firm for causing brain tumours
2. Healthcare sector is now a multi billion-dollar industry in India
3. Biotechnology industry expected to grow into a three billion dollar industry by 2002
4. Indonesia urges a grant of $1 billion for bird flu
5. World Bank urges $ 1 billion to fight bird flu
6. World population To Be Seven billion in Six Years
7. Doctors needed urgently in Gujarat
8. Aggressive blood pressure treatment needed
9. Surgery not needed for Osteoarthritis
10. vitamin D needed in elderly for bone development
11. Major Shake up needed in HIV Vaccine Research
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:4/30/2016)... ... April 30, 2016 , ... A ... use of the HyProCure sinus tarsi implant. ( http://www.cbc.ca/news/canada/ottawa/banned-quebec-dentist-pierre-dupont-working-as-chiropodist-in-ottawa-1.3515494 ) The ... minimally invasive procedure performed, when indicated, to correct the partial displacement of ...
(Date:4/29/2016)... Los Angeles, CA (PRWEB) , ... April 29, 2016 , ... ... Sarah Mirmelli, a mother and divorcee, shares her enthusiasm for Botox and lip injections, ... of the world famous youth oriented Coachella Valley Music and Arts Festival. The article ...
(Date:4/29/2016)... Atlanta, Georgia (PRWEB) , ... April 29, 2016 , ... ... 60 rural hospitals across the Southeast, celebrated the signature of Gov. Nathan Deal on ... by Rep. Geoff Duncan (R - Cumming), offers a 70% tax credit to individuals ...
(Date:4/29/2016)... ... April 29, 2016 , ... Coast Dental Fort Stewart ... at its new location in the Exchange Furniture Mall at 112 Vilseck Road in ... 50-inch Samsung Smart TV. Plus attendees will have the opportunity to meet general dentists ...
(Date:4/29/2016)... NY (PRWEB) , ... April 29, 2016 , ... ... and engineer of patented products, announces the Gyrociser, an exercise invention which aids ... worth $2 billion," says Scott Cooper, CEO and Creative Director of World Patent ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... Dr. Vivek Ahuja , ... phen Schmidt Join the Growing ... solutions for life sciences, today announced key new leaders have joined ... to a growing business.  This will bolster the company,s safety business ... joined ArisGlobal in the position of Vice President - Safety. George ...
(Date:4/28/2016)... New market research titled ... report that provides an overview of the Osteoarthritis,s ... identifying new targets and MOAs to produce first-in-class ... in this H1 2016 Osteoarthritis Pipeline report include ... Abiogen Pharma S.p.A., Ablynx NV, Achelios Therapeutics, Inc., ...
(Date:4/27/2016)... -- Elekta today announced that its leading-edge ... focal point of seven scientific presentations at ESTRO 35, ... & Oncology, taking place April 29 - May 3. ... and a high-field MRI scanner with sophisticated software that ... in real time. The MR-linac is designed to improve ...
Breaking Medicine Technology: