Vaccines are “miracles,” Bill Gates likes to say, because of their power to prevent death and disease so simply and at such a low cost.
Today, governments and international donors (the Gates Foundation chief among them) agreed to boost funding for the Global Alliance for Vaccines and Immunization initiative by $4.3 billion.
In this time of economic recession, GAVI’s success at fund-raising is extraordinary. However, the question must be asked: Does GAVI strike the hardest bargain with drug companies, getting the needed vaccines at the lowest cost?
