TOKYO -- The world needs more money and global institutions with more teeth to be able to fight off future pandemics, said Richard Hatchett, CEO of Coalition for Epidemic Preparedness Innovations.
CEPI, an international partnership that finances and coordinates the development of vaccines against emerging infectious diseases, operates COVAX with other organizations, including Gavi, to distribute vaccines to developing countries. While the initiative has so far shipped over 400 million doses of COVID-19 vaccines, it is far short of the initial target to deliver 2 billion doses worldwide this year.
