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Pfizer Supplies One Billionth Pneumococcal Conjugated Vaccine Dose for Vaccination of Children in Lower- Income Countries Through Gavi, the Vaccine Alliance

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Pfizer

The Vaccine Alliance is a public-private partnership that brings together governments, global health organizations, the vaccine industry and other sectors to increase equitable and sustainable access to vaccines

The billionth dose is an exciting milestone and a testament to the commitment and cooperation of Pfizer, Gavi and other partners to help children in Ethiopia and around the world

NEW YORK, United States of America, October 22, 2024/APO Group/ —

  • The 1 billionth pneumococcal vaccine dose was delivered to Ethiopia
  • Since 2010, Pfizer pneumococcal vaccines have reached 57 Gavi-eligible countries to help protect an estimated 300 million plus children
  • The collaboration is a part of Pfizer’s commitment to help close the global health equity gap and bring our medicines and vaccines to vulnerable communities on a not-for-profit basis

Pfizer (www.Pfizer.com) today announced it has supplied its 1 billionth pneumococcal conjugate vaccine (PCV) through its collaboration with Gavi, the Vaccine Alliance. The billionth dose was delivered to Ethiopia for use in its national immunization program to help protect children from pneumococcal disease. 

Globally, pneumonia is the single largest infectious cause of mortality in children under five [1]. Gavi, the Vaccine Alliance is a public-private partnership that brings together governments, global health organizations, the vaccine industry and other sectors to increase equitable and sustainable access to vaccines for some of the world’s deadliest diseases, like pneumonia.

In 2009, Gavi established the Pneumococcal Advance Market Commitment (AMC), a public-private health financing mechanism designed to create a sustainable marketplace, enabling investment in development and manufacturing and providing an affordable and stable supply of vaccines at a highly subsidized price for supply to children in low- and lower-middle income Gavi-eligible countries. Pfizer was one of the first manufacturers to participate in the AMC. To date, its vaccines have reached 57 Gavi-eligible countries, and they are estimated to have helped protect more than 300 million children from pneumococcal disease [2].

Gavi’s success in immunizing over a billion children since 2000 is built upon its unique multistakeholder model. Vaccine manufacturers play a critical role in this partnership, helping us build healthy, affordable markets for vaccines and delivering innovative new solutions. We are proud of reaching this important milestone together with Pfizer and look forward to impactful collaboration in the future.” – Dr Sania Nishtar, CEO, Gavi, the Vaccine Alliance.

In Ethiopia, more than 40,000 children under five die from pneumonia annually [3]. It is a leading cause of death during the postnatal period, accounting for 20% of deaths in this age group every year [4]. Since 2020, Pfizer has supplied more than 40 million pneumococcal vaccines to support the country’s vaccination efforts.   

“Pediatric pneumococcal vaccines are critical in our fight against one of our nation’s most urgent public health challenges. With the support of Gavi, we have been able to provide access to these vaccines to help protect our most vulnerable citizens. The billionth dose is an exciting milestone and a testament to the commitment and cooperation of Pfizer, Gavi and other partners to help children in Ethiopia and around the world have a healthier start in life.” said Mr. Melkamu Ayalew, Head of Immunization, Federal Ministry of Health, Ethiopia.

Today, more than 50 percent of Pfizer pneumococcal vaccines manufactured are supplied to support access in low- and lower-middle-income countries on a not-for-profit basis through its collaboration with Gavi.

We are thrilled to have reached such an incredible milestone through our continued collaboration with Gavi to ensure children around the world have the opportunity to live longer and healthier lives, but our work does not end here,” said Pfizer Emerging Markets President Nick Lagunowich. “Through collaborations like this one and our ‘Accord for a Healthier World’ initiative, which is working to expand access to all of the medicines and vaccines for which we have global rights, in 45 lower-income countries, we will continue to collaborate with global health organizations, governments and others to enable sustained, not-for-profit access to breakthrough medicines and vaccines and to help to close the health equity gap for the most vulnerable.”

Since the Pneumococcal AMC was first established, significant progress in the fight to protect children against pneumococcal disease has been made. Global PCV coverage has increased six-fold from 10 percent in 2010 to 65 percent in 2023 [5]. However, this falls short of the Immunization Agenda 2030 target of 90 percent [6], signaling that there is more work to be done. Ensuring more children are vaccinated against vaccine-preventable diseases, like pneumococcal disease, goes beyond providing individuals with protection against severe disease and death. It can help uplift communities and countries by promoting health equity [7], increasing economic productivity [8] and reducing the cost burden on healthcare systems [9].

Pfizer’s collaboration with Gavi, the Vaccine Alliance is part of the company’s broader commitment to help address health equity gaps around the world and enable accelerated access to medicines and vaccines. Pfizer’s Accord for a Healthier World (http://apo-opa.co/3UhWbbB) initiative is a first-of-its-kind effort to increase access for 1.2 billion people living in 45 lower-income countries around the world. Through the Accord, Pfizer has committed to provide access to the full portfolio of medicines and vaccines for which it has global rights on a not-for-profit basis to eligible countries while also collaborating with governments and others to address the system-level barriers that can prevent access to these products to the people that need them. 


[1] WHO. 2022. Pneumonia in children. Available at: https://apo-opa.co/3UgxZWM. Accessed September 2024.

[2] Pfizer Inc. 2024. Data on file – Patient counts are estimates derived from Pfizer internal data sources” Pneumonia Prevalence and Associated Risk.

[3] Alamneh YM, Adane F. Magnitude and Predictors of Pneumonia among Under-Five Children in Ethiopia: A Systematic Review and Meta-Analysis. J Environ Public Health. 2020 May 30;2020:1606783. doi: 10.1155/2020/1606783. PMID: 32565837; PMCID: PMC7277048. Available at: https://apo-opa.co/3BXsXZi. Accessed September 2024.

[4] Leka Lutpiatina, Lilis Sulistyorini, Ririh Yudhastuti, Hari Basuki Notobroto, Prediction of Toddlers Acute Respiratory Infection (ARI) to Become Pneumonia in Martapura Catchment Area, Banjar District, Indonesia, Global Pediatric Health, 10.1177/2333794X241227694, 11, (2024). Available at: https://apo-opa.co/48i3823. Accessed September 2024.

[5] WHO. 2024. Pneumococcal Vaccination Coverage. Available at: https://apo-opa.co/3Umsi9V Accessed September 2024.

[6] WHO. 2021. Implementing the Immunization Agenda 2030. Available at: https://apo-opa.co/48lhhvh Accessed September 2024.

[7] Luyten J and Beutels P. 2016. The Social Value Of Vaccination Programs: Beyond Cost-Effectiveness. Health Affairs. 35(2). Available at: https://apo-opa.co/3UkIk45 Accessed September 2024.

[8] Masia NA, Smerling J, Kapfidaze T et al. 2018. Vaccination and GDP Growth Rates: Exploring the Links in a Conditional Convergence Framework. World Development. 103;88-99. Available at: https://apo-opa.co/3Ui30d6 Accessed September 2024.

[9] Chen C, Liceras FC, Flasche S et al. 2019. Effect and cost-effectiveness of pneumococcal conjugate vaccination: a global modelling analysis. The Lancet. 7(1);58-67. Available at: https://apo-opa.co/48fnDfI Accessed September 2024.

Distributed by APO Group on behalf of Pfizer.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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