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    World Bank Backs Production of Pneumococcal Vaccines

    By Ma. Rizza Leonzon // 06 April 2009

    The

    established a new financial mechanism to help create a viable market for pneumococcal vaccines. The Advance Market Commitment will provide upfront financing for incremental costs of vaccine production to address the demand from poor nations. Italy, Canada, Russia, Norway, the U.K. and Bill & Melinda Gates Foundation committed a total of USD1.5 billion for the AMC pilot.

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    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.

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