U.S. to provide $450 billion to GAVI for vaccines

Dr. Rajiv Shah, administrator for the U.S. Agency for International Development, has announced that the United States will contribute $450 million to the Global Alliance for Vaccines and Immunizations over the next three years.

The contributions are meant to help the organization to negotiate a price reduction on rotavirus vaccines, to immunize additional children in the poorest countries and to strengthen mechanisms to save more lives for future vaccines against tuberculosis, malaria and HIV.

“At a time when budgets around the world are being scrutinized, this partnership with donor and host country governments, civil society and private sector partners ensures our development dollars have the greatest impact,” Shah said. “Not only is our commitment inspiring the generosity of other donors, it helps ensure the quantities of vaccine needed to obtain lower prices, allowing us to save even more lives.”

The multi-year commitment, pending congressional approval, leverages billions of dollars other donors have committed to GAVI that will help to multiply the impact of the U.S. funding more than eight-fold.

The funding will contribute to the immunization of an additional 243 million children in poorer countries against rotavirus, hepatitis B, meningitis A, yellow fever, pneumococcal disease and Hib.

“Our commitment to GAVI will prevent millions of children from an unnecessary death, and will increase global stability and strengthen our national security,” Shah said.

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