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Physicians: Global Vaccine Development Fund Could Save Billions
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Physicians: Global Vaccine Development Fund Could Save Billions
Fri, 2015-08-07 13:20 — mike kraftPHARMACEUTICAL PROCESSING by Princeton University, Woodrow Wilson School of Public and International Affairs Aug. 6, 2015
Ebola is a preventable disease, and yet a safe and effective vaccine has not been deployed. As with many vaccines, financial barriers persist: pharmaceutical companies see high costs with limited market potential, and government support is lacking. But there may be a solution to this vaccine crisis with the ability to save at-risk populations, according to a perspective piece written by physicians based at Princeton University, University of Pennsylvania and the Wellcome Trust.
The article, published in the New England Journal of Medicine, proposes the creation of a $2 billion global vaccine-development fund - supported by governments, foundations and pharmaceutical companies - that would carry promising vaccines through development to deployment. With initial support, the global vaccine fund could help make vaccines available for emergency use.
In the case of Ebola, vaccine candidates were available well before the time of the outbreak, but there were no funds to test them. Had one been tested, public health workers could have vaccinated people from the start, saving thousands of lives. "Preventing infectious diseases should not be held back by a lack of funds. And the economic reality today is that strategic support from government and other investors is needed to address the most difficult infectious disease problems," said essay author Adel Mahmoud, professor at Princeton's Woodrow Wilson School of Public and International Affairs and Department of Molecular Biology.
Read complete article
http://www.pharmpro.com/news/2015/08/physicians-global-vaccine-development-fund-could-save-billions?et_cid=4720927&et_rid=628706217&type=headline
Read The New England Journal of Medicine article.
http://www.nejm.org/doi/full/10.1056/NEJMp1506820
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