In order to brainstorm mechanisms to continue to finance important vaccination delivery programs, the Milken Institute convened a Financial Innovations Lab® in Jakarta in August 2016. After years of economic growth, Indonesia has begun to transition from donor-based funding to internal budgetary allocations. Yet the country faces a number of challenges: no centralized body exists to manage vaccine procurement and delivery across the nation, the public health system itself is strained, and the national infrastructure is weak. By population, Indonesia ranks fourth in the world, and while half the population lives on Java, the rest live on over 6,000 inhabitable islands spread across a vast archipelago.
The Financial Innovations Lab brought together investors, donors, health experts, industry executives, and government officials to discuss new ways to finance vaccine delivery. The Lab focused on models that have successfully leveraged public-sector funding to attract private investment while introducing new sources of potential capital for more efficient and effective funding flows. This report summarizes the outcomes of the discussion and outlines steps to move the funding models into implementation.
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This Lab brought together a diverse group of more than 40 medical research and financial experts from biotechnology and pharmaceutical companies, medical research foundations, venture capital, and private equity firms, academic and...
A Financial Innovations Lab hosted by the Milken Institute with support from the Bill & Melinda Gates Foundation was held in London in October 2010 to examine two of the primary threats to sustainable agricultural development in Sub-Saharan...
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In the fall of 2005, the Milken Institute held two Financial Innovations Labs, one in Santa Monica, Calif., and the other in New York City, to address the crisis of diminished fund- ing for biomedical research and development, and to...
Despite lessons learned from COVID-19 and other outbreaks, the world remains ill-prepared for the next pandemic. Since 2020, FasterCures has promoted collaboration to develop and improve early warning systems around the world, convening...
The Financial Innovations Labs® and FasterCures teams have collaborated on a project to identify new models for financing the antimicrobial resistant antibiotic pipeline. These past 18 months have demonstrated how consequential public...
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