| Project Detail |
The project supports the manufacturers of medicines, vaccines, diagnostics and medical devices to scale and optimise their supply mechanisms to be able to meet global demand. The project is funded by a master guarantee facility in favour of the Bill & Melinda Gates Foundation that shapes healthy markets for critical products to ensure accessibility and affordability to low- and middle-income populations. Objectives The operation is fully aligned with the priorities of Global Gateway as it supports the affordable access to medical products to tackle endemic, infectious and non-communicable diseases. It will also support the TEI on Manufacturing and Access to Vaccines, Medicines and Health Technologies (MAV+). Ensuring affordability and accessibility to quality medical products in LMICs will contribute to the eradication of poverty, which is a pillar of NDICI across all regions. Sector(s) Health - Human health and social work activities Proposed EIB finance (Approximate amount) EUR 52 million Total cost (Approximate amount) EUR 300 million |
