login
Become a member
Quick Registration
Full Registration Benefits -
Free Homepages for Doctors
Free Homepages for Hospitals
Free Homepages for Medical Conference
Free Homepages for NGO's
Personal Health Record Creation
Access to all Medical Slides
Access to all Jobs & Products Sale
Pioneering 'Vaccine Bond' Scheme Turns to Japan for Next Offer
The International Finance Facility for Immunisation (IFFIm) will offer its "vaccine bonds" to Japanese investors next month as part of efforts to unlock long-term donor pledges of four billion dollars, officials said Wednesday.
The offer follows a first foray into the capital markets in London in November 2006 that raised one billion dollars from investors including religious leaders and rockers-turned-activists Bono and Bob Geldof.
The initiative, launched in September 2005 by Britain, France, Italy, Spain and Sweden, aims to immunise 500 million additional people against preventable diseases in 70 of the world's poorest countries by 2015.
"There is no value immunising a child in 2015 -- when funds might become available -- if that child is going to die of disease this year," said IFFIm chairman Alan Gillespie.
"We estimate that this intervention will save five million child deaths and more than five million future adult deaths," he told potential investors at a packed seminar in Tokyo.
The funds will be used to support the work of the GAVI Alliance, which is backed by UNICEF, the World Health Organisation, governments, the Bill and Melinda Gates Foundation and vaccine manufacturers.
Japanese people have long prided themselves as being among the world's most avid savers, and foreign currency denominated bonds are becoming increasingly popular amid rock-bottom domestic interest rates.
|
|
|
 Comment & Contribute
|
Medwonders Health Network
- Health News Index
- News Quick Links
| News Categories: |
| » | HCCI Report Says Rising Prices for Care Responsible for Increased Healthcare Costs for Privately Insured Americans |
| » | Treatment in ED is Based on Children's Insurance Status |
| » | US Spends Most on Healthcare Without Providing Superior Care |
| » | South Carolinas Taxpayers Will Not Have to Pay for Abortions in Rape Cases |
| » | Companies Try to Avoid Steep Health Insurance Bills by Rewarding Employees For Healthy Lifestyles |
| More Insurance News | |
|
