A mixed integer programming model for vaccine pricing within a group purchasing organization

• Published in: Vaccine Vol. 42; no. 8; pp. 1892 - 1898
• Main Authors: Yu, Zhuoting, Keskinocak, Pinar, Orenstein, Walter A., Toktay, L. Beril
• Format: Journal Article
• Language: English
• Published: Netherlands Elsevier Ltd 19.03.2024; Elsevier Limited
• Subjects: affordability; Allergy and Immunology; Bacillus Calmette-Guerin vaccine; BCG; BCG Vaccine; Case studies; Costs and Cost Analysis; Decisions; Equity in pricing; Georgia; Group Purchasing; Integer programming; Melica; Mixed integer; Mycobacterium bovis BCG; Prices; Pricing; Procurement; Purchasing; Subsidies; Tiered pricing; Uniform pricing; Vaccine procurement; Vaccines; Willingness to pay; Georgia; Vaccine procurement; Uniform pricing; Equity in pricing; Tiered pricing; Group purchasing

Setting prices for life-saving medical or pharmaceutical products needs to consider multiple factors, e.g., affordability and health outcomes across different populations. When a group of buyers (e.g., countries) combine their purchasing power (e.g., via a group purchasing organization), the average...