Vaccine alliance Gavi and children's agency UNICEF have struck a new pricing deal that will sharply cut the cost of a key malaria vaccine and make it possible to protect nearly seven million additional children by 2030, the agencies announced on Sunday.
Under the agreement, the price of the R21/Matrix-M vaccine will fall to $2.99 per dose within a year - a reduction expected to save up to $90 million. Those savings should allow countries to secure more than 30 million extra doses over the next five years.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.