The new transparency drive by UNICEF: Reveal all major vaccine prices

Vaccine prices can now be seen from the UNICEF website, the children’s arm of the United Nations which is the largest buyer of pediatric vaccines across the world.

Shanelle Hall, Director of the supply division was quoted as saying;

‘’Transparency in itself is a core principle and it will help support governments and partners to make better informed decisions with respect to vaccines. It will also help to foster a diverse and competitive base of suppliers worldwide for public goods.’’

UNICEF went on to explain that pricing of a vaccine is a multi dimensional strategy in which the key roles are played by affordability and availability. However achieving lower costs means the addressing of the supply and demand side factors.  It was further stated by UNICEF that with price transparency it would widen the reach of vaccine availability for younger children across the globe.

Interim CEO of GAVI Alliance, Helen Evans said;

‘’ Being the main fund provider of the vaccines which are procured by UNICEF, it is a strong belief of the GAVI Alliance on accurate, timely and transparent information on pricing. The transparency of pricing would enhance the understanding which the partners and countries have about the market dynamics. The understanding of better market dynamics would lead to the better visibility in the way in which their financial commitments would get translated into the number of children which would be vaccinated and also in the number of lives saved saved. The GAVI Alliance is committed on one things i.e in ensuring that the correct vaccines are available in the right quantities at the right places and more importantly at affordable prices, this would ensure that more lives be saved with the limited resources which are available for disposal.’’

Shanelle Hall added:

‘’With vaccines of diarrhea and pneumonia being made available, this is a critical time for improved transparency on pricing of vaccine. An extension of this approach would soon be applied to vaccine market dynamic factors along with other health products which are essential for child survival.’’

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