Navigation Links
Global Good and AUCMA Partner to Commercialize Vaccine Storage Invention for Developing Countries
Date:7/9/2013

BELLEVUE, Wash. and QINGDAO, China, July 9, 2013 /PRNewswire/ -- Global Good and leading refrigeration company AUCMA (600336.SH) announced today an agreement to commercialize Global Good's vaccine storage invention for use in developing countries. Under the agreement, AUCMA will manufacture and distribute the device to help strengthen the vaccine supply chain in underserved regions. The agreement marks the first commercialization deal for Global Good, which is a collaboration between Intellectual Ventures (IV) and Bill Gates to invent technology that improves life in developing countries.

The World Health Organization estimates that more than 1 million children die each year from vaccine-preventable diseases. This is due in part because many regions lack the electricity and infrastructure needed to store temperature-sensitive vaccines. Global Good's vaccine storage device overcomes this by using a combination of super-insulation techniques to hold vaccines at the appropriate temperature for more than a month with no external power. Originally unveiled by IV CEO Nathan Myhrvold at TED 2010, the device was developed at IV Lab and recently completed field trials in Senegal.

"Forward-looking commercial partners like AUCMA play a vital role in Global Good's mission to improve life in developing countries through the power of invention," said Maurizio Vecchione, vice president of Global Good at Intellectual Ventures. "AUCMA has the expertise and scalability needed to help this device extend the vaccine supply chain in even the remotest parts of the world, and do so at the lowest cost-per-fully-immunized-child possible. Thanks to them, Global Good's vaccine storage device will make a tangible impact on the lives of people in developing countries."

"Global Good is a natural partner for AUCMA. Their revolutionary vaccine storage device fits perfectly with our expertise in medical cold chain equipment and their emphasis on catalyzing markets for social good aligns with AUCMA's own belief in social responsibility," said Li Wei, AUCMA chairman.  "We look forward to a long, productive relationship that sparks a new level of innovation for the vaccine supply chain in developing countries."

In addition to commercialization of the vaccine storage device, Global Good and AUCMA will explore new inventions to improve the vaccine supply chain. Global Good draws on the expertise of NGOs, governments and commercial partners like AUCMA throughout the invention and product development process. This ensures that Global Good invents technology that not only addresses unique challenges in developing countries, but also has the commercial viability needed to catalyze markets for sustainable impact.

The vaccine storage device will undergo additional field testing in Africa before broader manufacturing and distribution in 2014. With only a single batch of ice, it can store up to 300 doses of vaccines, enough to serve a community of 6,000 for more than a month. The device is also equipped with technology to monitor its location, internal temperature and the number of times vaccines have been retrieved from it. This information can be communicated via daily SMS transmissions and downloaded via a USB port to inform future vaccination campaign planning.

About Global Good

Global Good is a collaboration between Intellectual Ventures and Bill Gates to invent technology that improves life in developing countries. With support from a coalition of NGO, government and business partners, we conceive, develop and deploy inventions for the poorest parts of the world. Learn more at www.globalgood.com.

About AUCMA

AUCMA Company Limited (600336:SH) is a leading manufacturer and supplier of refrigeration and cold chain equipment. Established in 1987, the company is based in Qingdao, China, and employs more than 7,000 people. Learn more at www. aucma.com.cn.


'/>"/>
SOURCE Intellectual Ventures
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Top buyers including Atico, Coles Group Asia, Kmart, Staples, Office Depot and Target Australia pre-registered to attend Global Sources spring China Sourcing Fairs
2. ConvaTec Donates $10,000 To AAWC Global Volunteers Program Through SAWC Walk For Wellness
3. Qmed, the Leading Global MedTech Industry Resource, Partners with Clarimed, to Provide the Medical Manufacturing and Healthcare Industry with FDA Reports on Adverse Events
4. Attendees Save Up To $800 on Global Healthcare Conferences in 2012 by Registering Through Global Information Inc.
5. Kelyniam Global Inc. Reports Record Cranial Implant Revenues in the 1st Quarter of 2012
6. Varian Medical Systems and Siemens Healthcare Announce Global Collaboration to Advance Clinical Capabilities and Offerings in Radiotherapy and Radiosurgery
7. Ultra Clean to Present at the Jefferies 2012 Global Technology, Media & Telcom Conference
8. Axis Global Logistics Names Mr. Thomas Brennan, Vice President Strategic Accounts & Life Sciences
9. Angeion Appoints Matthew S. Margolies as Executive Vice President - Global Sales
10. OTC Pharmaceuticals: Global Industry Almanac, MarketLine
11. Global Pharmaceutical Leaders All Converging in Parsippany, New Jersey on September 11-12, 2012 for Breakthrough Event
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/20/2017)... 2017 Research and Markets has announced ... Devices, Implant Types, OTC Amplifiers, Diagnostic Instruments), Sales Volume, Company ... ... Hearing Aids Market Sales Volume, Company Analysis and Forecast to ... aid industry. The growing prevalence of hearing impairment ...
(Date:1/20/2017)... Fla. , Jan. 20, 2017 Wells Specialty ... at 3796 Howell Branch Rd in Winter Park, ... Winter Park . Operations have been consolidated into ... Pharmacy is also pleased to announce that Chad Tomlinson ... President of the Company effective immediately. Mr. Tomlinson is a ...
(Date:1/19/2017)... YORK , Jan. 19, 2017 Report ... Ophthalmic Devices Market? Which areas are going to grow ... potential revenues to 2026, assessing data, trends, opportunities and ... and graphs. Discover the most lucrative areas in the ... lets you assess forecasted sales across the all the ...
Breaking Medicine Technology:
(Date:1/21/2017)... ... January 21, 2017 , ... ... Family Dermatology has recently joined their multi-specialty medical group. The dermatology practice ... cosmetic services. , “We’re excited to add this excellent dermatology practice to our ...
(Date:1/21/2017)... ... January 21, 2017 , ... In the United States, 20 million ... freedom of recovery, they often feel shame for having struggled with an eating disorder ... In the workshop, “Rising Strong in Life After an Eating Disorder” -- to be ...
(Date:1/20/2017)... Missoula, MT (PRWEB) , ... January 20, 2017 , ... Spectrum Aquatics Launches New ADA ... use, saving deck space. Since the lift is mounted on wheels, it can be wheeled ... a lock down kit, to fasten to the deck. "We have transformed the feedback from ...
(Date:1/20/2017)... ... 20, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh has posted ... world. Yisrayl says this generation is a time like no other and society needs to ... , Yisrayl says he does not want to sound like an old bible beater because ...
(Date:1/20/2017)... ... January 20, 2017 , ... Doctor C LLC, a company based ... ECRM trade show to continue the marketing and distribution of its product, The Right ... providing 400 percent better absorption than traditional vitamin C supplements. At the trade show, ...
Breaking Medicine News(10 mins):