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#55 – Jassi Pannu and Joshua Monrad on Pandemic Preparedness
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Advance Market Commitments and AMCs for Vaccines
The idea of making an advanced market commitment or AMC by guaranteeing to purchase a certain quantity of a of a vaccine if developed successfully. This has been quite successful there's some research on on the effectiveness of this for encouraging development of pneumococcal vaccines. The ideal scenario is one where very few doses are used because we managed to intervene when to develop the vaccine swiftly and stop the outbreak in its tracks before it becomes endemic.
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