Between 2014 and 2016, the Global Fund invested more than US$10 billion to support countries fighting AIDS, TB and malaria and strengthen health systems. We invested about half of that amount in the procurement and management of health products. Sourcing and management of medicines and health program commodities is a critical component in the fight against the three diseases.
Still, stock-outs, poor-quality medicines, insufficient supplies of medical products and a number of other challenges put lives at risk and endanger the progress we have made.
We are committed to ensuring that countries managing programs with Global Fund financing have the tools and information to:
The Global Fund plays a significant role in global markets for health products related to the three diseases in order to support countries in achieving the best value for their investment. The Pooled Procurement Mechanism maximizes purchasing power to negotiate favorable procurement pricing and delivery terms for the health products we finance.
Our innovative online purchasing platform, wambo.org, provides access to negotiated pricing and key information for medicines and health products. Partners can search, select, and place their own orders for quality-assured products with total transparency.
Health products management is not only about procurement, but encompasses the whole supply chain. As such, we are committed to: