The History of Terrorism
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2004? Kremer has also pursued research on vaccine development and financing. He developed an interest in the subject after contracting malaria while traveling in Kenya.[37] In a 2004 book with his wife, Rachel Glennerster,[38] Kremer advocates for the creation of advance market commitments, in which governments enter into legally binding agreements with pharmaceutical or biotechnology companies, promising to purchase given quantities of vaccines or medications provided they meet certain benchmarks for safety and efficacy.[39] In response to Kremer's research, a consortium of donors including the Bill & Melinda Gates Foundation and national governments such as Canada, Italy, and Norway pledged $1.5 billion as an advance market commitment for pneumococcal vaccines.[10] The AMC has inspired the creation of three different vaccinations, which have collectively immunized 150 million children.[40]
Pneumococcal polysaccharide vaccine