Another illustrative example is advance market commitments (AMC) of PCVs in low- and middle-income countries (LMICs). The high cost and limited availability of PCVs restrict their use in resource-constrained settings. To address this, Gavi and the WHO implemented the AMC in 2009, which ...
The bond may be further strengthened if the concern of the private sector (i.e., return on investment) could be taken into consideration through granting of orphan drug status or advance market commitment (AMC). Another exhibit of PPP is characterized by distribution of financial returns to all...