Viewpoint: How the “Free Market” in Vaccines Is Neither Free nor Fair
Take a look at the World Health Assembly’s action plan on tackling the barriers to global vaccination, and time and time again, the almighty dollar comes up.
The resolution, passed by all 193 countries present at the Assembly last summer, raises deep concerns about the “increased financial burden of new vaccines”; that “many low- and middle-income countries may not have the opportunity to access newer and improved vaccines, particularly because of the costs related to the procurement and introduction of these vaccines”; and that “globally immunization coverage has increased only marginally since the late 2000s”.
Behind the resolution, on the floor of the Assembly, apparently the language wasn’t so polite. Delegates from almost 60 countries spoke out vituperatively against the high prices of vaccines as being the main culprits for the sickening lingering of killer diseases, and urged the global community to act.
Take pneumonia. It is the biggest cause of childhood death under the age of five globally, claiming the lives of almost one million children each year – one every 35 seconds – yet in 2016 70 per cent of all the world’s children remain unprotected. The reasons why are complex and many, but humanitarian agency Médecins Sans Frontières (MSF) says that it can name one for sure: the cost of vaccinations is prohibitively high.
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