Published in 2016 in the Stanford Social Innovation Review, this article discusses the highly effective volume guarantees supplied to two major pharmaceutical firms in 2012 by the Bill and Melinda Gates Foundation (BMGF) and other funders.
The guarantees were put in place to roughly double the supply and halve the price of contraceptive implants – the results have since surpassed expectations. In the first three years of the guarantees the annual run rate more than doubled from 4.7 to almost 10 million, and price reductions saved more than $240 million for global public health donors.
The article emphasises that even with lower prices, higher volumes can drive bigger profits—a classic win-win for both consumers and producers.
Read: SSIR’S GUARANTEED IMPACT
New support for UNICEF to secure vital COVID-19 medical products, including diagnostic tests and clinical management supplies, for low- and middle-income countries.
MedAccess is pleased to announce the appointment of Hema Srinivasan as the social finance company’s new Chief Access Officer. Hema will take up her new role in March 2020.
The price of new BASF Interceptor® G2 anti-mosquito bed nets will be reduced by 40% for underserved communities thanks to a new MedAccess partnership