UNICEF: Vaccine Price Drop Will Save Millions of Child Lives
Thursday, October 20, 2016
The U.N. Children’s Fund reports a steep drop in the price of a crucial childhood vaccine will prevent millions of deaths in dozens of the world’s poorest countries.
The U.N. children’s fund reports 1.5 million children under five die each year from illnesses preventable by vaccines. Thanks to a breakthrough deal with six pharmaceutical companies to lower the price of a pentavalent vaccine many of these deaths will be averted.
Director of UNICEF’s supply and procurement headquarters, Shanelle Hall, says it has taken 16 years to bring down the price of the vaccine.
“From next year through 2019, we will be able to procure this pentavalent vaccine, which protects children against diphtheria, tetanus, pertussis, hepatitis B and Haemophilus influenza B for less than one dollar a dose, and that is half the price that we pay this year, this month, this week,” she said.
- Health Care