Increased use of vaccines would save over 5.4 million lives each year. The vaccine business has become more profitable in recent years.
Two factors have turned the industry around. One is an increasing demand for vaccines in developing countries. This is partly due to greater prosperity in the growing economies of China and India but also because vaccination is being vigorously promoted by various organisations as a route to economic development. The Global Alliance for Vaccines and Immunisation (GAVI), which campaigns for greater access to vaccines in developing countries, has created a booming market for vaccines in developing nations partly by persuading governments to pool resources and make advance purchase commitments. This helps bring prices to an affordable level for developing countries while still making it profitable for the manufacturers. As a result, vaccine makers are now working on widespread, previously neglected diseases, such as malaria.
Research is also driving the boom in vaccines, bringing a better understanding of pathogens and immune reactions to them, as well as diversifying the jobs available in this area.
Vaccines in the pipeline can be searched at New Scientist.
This “Advance Market Commitment”, launched in Rome on 9 February, has so far received $1.5 billion in donations from Canada, Italy, Norway, the UK, Russia and the Bill and Melinda Gates Foundation, to spur the development of new vaccines for pneumonia and meningitis caused by the pneumococcus bacterium.
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Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
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He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.