Gavi [to 19 March 2016]
http://www.gavialliance.org/library/news/press-releases/

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17 March 2016
Gavi welcomes new record low price for pneumococcal vaccine
GSK commitment is latest step towards improving access to PCV but challenges remain

17 March 2016 – A new commitment from GlaxoSmithKline (GSK) to provide pneumococcal vaccine at the lowest ever price was today welcomed by Dr Seth Berkley, CEO of Gavi, the Vaccine Alliance. The new price will be set at US$ 3.05 for doses being provided from 2017, a reduction of 10% from the current price of $3.40.

The commitment was announced by GSK’s Chief Executive, Sir Andrew Witty, at an event in Washington DC. The price will be available through the pilot Advance Market Commitment (AMC) to all Gavi countries and, for countries using the vaccine when they transition from Gavi support, it will continue to be available at this price for 10 years after transition.

“This price reduction is good news for everyone who wants to see children protected against the leading cause of pneumonia,” said Dr Berkley. “Sustainable pricing is one important objective of Gavi’s supply and procurement strategy, along with secure supply and product innovation. Healthy long term vaccine markets are critical to ensuring that the immunisation systems being built in developing countries today will benefit children for generations to come.”

Pneumococcal vaccines protect against pneumococcal disease, which is the leading cause of pneumonia. In 2015, pneumonia claimed the lives of 922,000 children under the age of five, accounting for around 15% of deaths worldwide of children in this age group, making it the largest vaccine-preventable killer of children.

Gavi began supporting developing countries to introduce pneumococcal vaccines in 2010. Since then, more than 50 countries have introduced the vaccine into their routine immunisation schedule with close to 50 million children now fully immunised against the disease…