The Inside Track On Picking Core Aspects In Variable Life

It will require upfront investment — but the returns could be significant. “This is an area where I think the world is wise to invest because vaccines are very inexpensive compared to the costs of caring for people that end up with the disease in a given population,” said Rajeev Venkayya, the president of the Global Vaccine Business Unit at Takeda Pharmaceuticals. “It’s far more cost effective to immunize the population to prevent the outbreaks than it is to treat the outbreaks once they happen and in fact its one of the most cost effective tools we have in public health.” Venkayya has seen vaccines from every angle. Before launching Takeda’s global vaccine business five years ago, he served as senior director for biodefense at the White House and director of global health delivery at the Bill & Melinda Gates Foundation . The success of vaccines going forward, he says, requires public and policy support for investments “to make sure that we're driving strong immunization coverage everywhere but also investing in new vaccines for the diseases that should be vaccine preventable,” he said. In his current role, Venkayya is helping the company develop four vaccines: dengue, norovirus, Zika and polio. The Zika vaccine is funded by the Biomedical Advanced Research and Development Authority, or BARDA, part of the U.S. Department of Health and Human Services. The polio vaccine received funding from the Gates Foundation, which came along with price commitments for a five-year period after it is released. He is also working to help use some of the lessons learned from the Ebola outbreak to speed up the vaccine development process while assuring quality and safety. Devex sat down with Venkayya in Geneva at a summit held last month during the World Health Assembly.

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