IVI in the Media

Maeil Business Newspaper | All music is beautiful in its own way, but Violinist Sang Hee Lee’s music shines a special light

Nature | Six months of COVID vaccines: what 1.7 billion doses have taught scientists

Asian Boss | We Asked Top Vaccine Expert About COVID Vaccine Problems

Bloomberg | Consequences of ‘Huge’ Global Gap in Vaccinations

EIU Perspectives | What does Denmark’s permanent suspension of both the AstraZeneca and Janssen covid-19 vaccines mean for other countries?

Asia Times | Vaccinations in a race against viral variants

Nature | Why COVID vaccines are so difficult to compare

DEVEX | Opinion: COVAX — too big, and too important, to fail

CNN | “Our response needs to be clear, strong, and unified”

South China Morning Post | Coronavirus vaccines will save 2021? Not so fast, here’s what the experts think

Bloomberg | Will the Covid-19 Vaccines Be Effective and Safe?

Asian Boss | Update On COVID-19 Vaccine Price & Schedule From A Leading Vaccine Expert

The Telegraph | ‘If you are not prepared, the virus has found every weakness’: How countries in Asia tamed Covid-19

CGTN | ‘The vaccine itself is not the silver bullet,’ says International Vaccine Institute

Devex | Q&A: Why Jerome Kim is ‘hopeful’ but cautious about distributing a COVID-19 vaccine

Maeil Business Newspaper | IVI Director General Jerome Kim Shares His Thoughts on Resurgence of COVID-19 Outbreaks in S. Korea

Chosun Ilbo | IVI Director General Jerome Kim Shares His Thoughts on Equitable Access of COVID-19 Vaccines

Channel News Asia | On a fast track like never before: The COVID-19 vaccine effort and 5 vital questions

The Economist’s Future of Healthcare Insight Hour | Vaccine development: A race to the finish line

Devex | Q&A: Is COVID-19 helping or hindering progress toward an HIV vaccine?

TED | The trials, tribulations and timeline of a COVID-19 vaccine

Wired Korea | The End of World War C: Peace without Victory?

Asian Boss | World’s Leading Vaccine Expert Fact-Checks COVID-19 Vaccine Conspiracy

Development Today | Why Sweden funds a vaccine institute in Korea and not Oslo-based CEPI

CNBC | Parts of Asia that relaxed restrictions without a resurgence in coronavirus cases did these three things

The Korea Herald | [Herald Interview] ‘Making vaccines accessible is biggest COVID-19 challenge’

CGTN: The Agenda with Stephen Cole | Speed of vaccine trials is ‘unprecedented’

Asian Boss | We Asked The World’s Leading Vaccine Expert About COVID-19 Vaccine

The Guardian | Test, trace, contain: how South Korea flattened its coronavirus curve

BBC World Service: The Inquiry | How do we come out of the lockdown? (13:00)

ANC 24/7 | Int’l Vaccine Institute: 12-18 months reasonable timetable for development of Covid-19 vaccine

Seeker | How Fast Can We Make a Coronavirus Vaccine?

Education City Speaker Series: Flattening the Curve – Global Responses to COVID-19

Wion News | About 70% of vaccines used around the world are made in India: S Korean expert Dr Jerome Kim

South China Morning Post | How long will a coronavirus vaccine take? A Q&A with Jerome Kim, head of the International Vaccine Institute

BBC World News | Jerome Kim: Vaccines are the long-term solution to the pandemic

The Korea Times | Developing vaccine against COVID-19

TRT: Bigger than Five | COVID-19: The World Reacts

South Korea’s fight against coronavirus (CBS News)

NDTV | Top South Korea Doctor On Why He Thinks Coronavirus Is Not A ‘Chinese Virus’

RTE | What South Korea can teach Ireland about fighting Covid-19

Physical distancing should last months, not weeks, says epidemiologist (Yahoo News Canada)

Development of vaccine requires massive investment… international cooperation is needed (Korea Economic Daily)

COVID-19 Pandemic (Arirang TV, 22:50~46:00)

By then, we’ll have a vaccine on our side (Hankyoreh—Korean)

Coronavirus Pandemic: International Vaccine Institute director on how long it will take to develop vaccine (CGTN)

Testing times: Why South Korea’s COVID-19 strategy is working (Al Jazeera English)

Genexine seeks to compress the vaccine timeline

Genexine, Binex to develop COVID-19 vaccine (Korea Biomedical Review)

Genexine, Binex to co-develop coronavirus vaccine GX-19 (Korea Herald)

How close are we to a COVID-19 vaccine? Jerome H. Kim from International Vaccine Institute (Arirang News)

COVID-19 vaccine, drugs on fast track for development: IVI chief (Yonhap News)

Inside the race to find a coronavirus vaccine (Devex)

Chinese students keen for turnaround (China Daily)

China Daily | S. Korea can try out makeshift hospitals, experts say

Director General Jerome Kim for Phoenix TV

Speed and accuracy vital for COVID-19 test kits (Arirang News)

2020 COVID-19 Live Updates: Jerome Kim for tbs eFM

Jerome Kim for KBS WORLD Radio, Korea24 on the COVID-19 outbreak in South Korea

Korea should join efforts in vaccine development to prevent pandemics (JoongAng Ilbo)

Future global health threats

IVI: COVID-19 could linger (Korean)

Jerome Kim for Korea, Factual: “Hong Kong’s handling of COVID-19 outbreak & Prospects of vaccine development”

Concerns about the spread of COVID-19: When will a vaccine be developed? When can we expect the “Super Vaccine”?

Al Jazeera English | Scientists call for global cooperation over coronavirus

When will COVID-19 vaccine be commercialized…And “super vaccine”? (Korean)

Global push to find vaccine against devastating bug growing

IVI receives $15.7 million to conduct Ph III trials of typhoid vaccine

Korean vaccines expanding global territory

Neglected Victims of Neglected Diseases

Let’s build a common defense against epidemics

Vaccine investment brings 16-fold return… partnering with Bill Gates

World must join forces to prevent infectious diseases

IVI editorial in The Korea Herald advocates for Korean leadership for global health


Discussing borderless private- public partnerships to achieve the target of developing 17 new drugs by 2020

2016-10-10 07:28
Press release by the Ministry of Health and Welfare

The Ministry of Health and Welfare said it held on September 12 a seminar ‘Partnerships in Global Health R&D’ to help assist acceleration of the Korean pharmaceutical industry’s advance into the global new drug and vaccine markets.

The global vaccine market is growing robustly at an annual rate of 11 percent since 2010 and expected to reach 114.2 trillion won in 2023 (GB Research), while the Korean vaccine market, which was worth about 700 billion won in 2014, is also fast expanding at an annual rate of 8 percent. The ratio of domestic vaccine supply relative to domestic needs only amounts about 39 percent as of 2016 (based on the type of vaccines), while the nation’s vaccine export only came to 232.7 billion won as of 2015.

The market for drugs considered as essential public goods is also projected to grow at an annual average rate of 5 percent to 10 percent, primarily in the Asia-Africa (including Australia) and Latin America (Europe: 1~4%, Japan -1~2%) regions. As such, it is urgently necessary (for Korea) to make investment in development of vaccines and new drugs through strategic alliances with international organization(s) with experience in technology and entry into markets, and network with various health authorities of different countries.

Through today’s seminar, the government, international organization(s) such as the Bill & Melinda Gates Foundation and IVI, and Korean companies discussed ways of global private-public partnerships aimed at accelerating investment in vaccines and new drugs and access to the global market. Notably, the Japan Global Health Innovative Technology (GHIT) fund model was explained in details, which was followed by in-depth discussions about the establishment of a private-public fund in the form of a matching fund, and about a model of cooperation with non-profit international organizations that assists individual companies, and the entire process ranging from R&D to access to the global market.

Vice Health and Welfare Minister Bang Moon-kyu said, “If a ‘Korean style global private-public partnership fund is launched,’ it will not only be able to accelerate development of global vaccines and drugs, and development of related industries, but also to improve the national image through expansion of humanitarian assistance to the public sector vaccine and pharmaceutical market.” He added, “Since officials from the Gates Foundation, IVI and Korean companies have gathered today, I hope that the formation of Korean GHIT be materialized in the near future.”

In her congratulatory remarks, Rep. Park In-sook of the ruling Saenuri Party said, “Attention and alert is increasing on infectious diseases of developing countries due to climate change and increased overseas travels, with cholera cases reported in Korea for the first time in 15 years,” adding, “If Korean companies seeking to access the global market can contribute to improving global health and enhance the nation’s international stature through cooperation with international organizations, it will be a smartest strategy for development of the health industry.”

In interviews, IVI Director General Jerome Kim, and Andrea Lucard, Vice chief of MMV, said, “We are aware of benefits that global private-public partnerships provide us” stressing, “We hope to see keen attention and proactive participation by Korean companies with potential and the government.”

Lee Dong-wook, director-general of the health industry policy at the ministry, said, “Today’s seminar is a follow-up measure for the comprehensive development strategy for the health industry (2016-2020), which was announced on September 9,” adding, “The launch of a Korean style private-public partnership will be the key to achieving the goal of developing 17 global new drugs by 2020,” adding, “When considering the trend of the public sector vaccine market as an emerging market, and unprecedentedly strong interest in Korea from overseas research funds and international organizations including the Gates Foundation, now is the right timing for investment,” urging keen attention and active participation by interested parties in Korea and overseas.