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Immunization Financing in Developing Countries and International Vaccine Market

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ISBN: 971-561-349-7

Paperback (Pub. Date: 2001)
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This report is the first in a series of reports to be published under ADB's Asian Vaccination Initiative.

It gives an overview of critical issues in immunization financing in developing countries and the international vaccine markets, and documents financing and procurement mechanisms that have succeeded.

53 pages.

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Contents

List of Tables and Figures, Preface , Acknowledgments, and Abbreviations

Introduction

Trends in Grant Financing for Vaccines and Immunization Programs

Declining Donor Funding
Shifting Donor Focus
Global Alliance for Vaccines and Immunization

International Vaccine Procurement and Financing Mechanisms

The PAHO Revolving Fund

    Description
    Benefits
    Accomplishments
    Assessment

The Vaccine Independence Initiative

    Description
    Participation
    Capitalization
    Assessment

Impact of Vaccine Procurement Mechanisms

    Program performance
    Government financing and sustainability of immunization programs
    Lessons learned

The International Vaccine Market: Major Issues

Main Characteristics

    Dominance by a few manufacturers
    Limited worldwide buyers
    High degree of segmentation and tiered pricing
    Scale sensitivity of vaccine development and production

Factors Affecting Prices

    Development and production costs
    Demand
    Predictability of demand
    Production capacity
    Competition
    Local producers
    Intellectual property rights

Effects of These Factors on Vaccine Price Trends

    DPT
    OPV

Recent Developments Formalizing and Expanding Tiered Pricing

    The Mercer study
    The “banding”strategy
    GAVI

Different Approaches to Pricing

    Planned tiered pricing
    Bulk purchasing/Uniform pricing

The Price History of Hepatitis B Vaccine: A Case Study

Introduction

    Plasma-derived vaccine
    Recombinant DNA vaccine

Plasma-Derived Vaccine

    More accessible technology and increased number of manufacturers
    Creation of the Hepatitis B Task Force
    The model Hepatitis B program and international tender
    Increased competition, production capacity, and interest in recombinant DNA vaccine

Recombinant DNA Vaccine

    Limited number of licensees for the Biogen patent
    Competition with the plasma-derived vaccine
    Increased competition
    Increased demand

Summary

    Lessons learned

Bibliography


All rights reserved

First published 2001

The findings, interpretations, and conclusions expressed in this publication do not necessarily represent the views of the Asian Development Bank or those of its member governments. The Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequences of their use.

ISBN 971-561-349-7
Publication Stock No. 020301


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