COVAX has supply agreements with AstraZeneca and Johnson & Johnson for 2 billion doses of coronavirus vaccine, according to CNBC. The global alliance, COVAX, will deliver the vaccines to poor nations and could begin shipping them out in the first quarter once approved.
- COVAX plans to deliver at least 1.3 billion doses to 92 low and lower-middle-income countries participating in the facility next year.
- UNICEF said commercial airlines would deliver the vaccines to nearly all of the 92 countries participating in the COVAX
- UNICEF also said it could ship up to 850 tons of Covid-19 per month for middle-to-low income countries next year
- UNICEF will need $410 million to help countries deliver the vaccines and buy therapeutic drugs and diagnostic tools next year.
- The world’s poorest countries face a $133 million budget challenge distributing and storing the coronavirus vaccines and will experience additional logistical challenges once they arrive.
- COVAX has faced funding challenges, and there is a “very high” risk of failure because of lack of money, supply risks, and complex contract agreements.
About 190 countries and territories participate in COVAX, which is co-led by the World Health Organization, Gavi, and the Vaccine Alliance, and the Coalition for Epidemic Preparedness Innovation.