World Bank AIDS Vaccine

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Continuum Magazine
VOL. 5 No. 4

The World Bank has formed a task force to plan a project called Innovative Financing Instruments for HIV/AIDS Vaccines, which would provide a guaranteed market for AIDS vaccines. Under this plan, countries would secure either a loan or a gift - depending on their economic status - from the World Bank that they would promise to spend on a working AIDS vaccine. "If there were a large pot of gold at the end," says Amie Baston, a management consultant who co-chairs the task force, "companies may be more willing to invest. But industry is cautious about potential returns from new vaccines and it has mainly left the commercial field to small, cash-starved biotechs." see Science 28 August 1998

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