Business Plan 2019 2022 - CEPI

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Business Plan
2019 - 2022
CEPI’S VISION                                                                                               CONTENTS
      A world in which epidemics are
      no longer a threat to humanity

  CEPI’s mission - to accelerate the development of vaccines against                                          Introduction                                               4
  emerging infectious diseases and enable equitable access to these                                           The challenge                                              7
         vaccines for affected populations during outbreaks -
                                                                                                              Scope and initial priorities                               7
               is supported by three strategic objectives:
                                                                                                              The vaccine ecosystem                                      13
                                                                                                              Vision, Mission and Strategic Objectives                   14
                                                                                                              Strategic objective 1: Preparedness                        15
                                                                                                              Strategic objective 2: Response                            16
                                                                                                              Strategic objective 3: Sustainability                      18
                                                                                                              Implementation                                             20
         Preparedness                        1                  2                 Response
  Advance access to safe and                                                      Accelerate the research,    Governance                                                 20
   effective vaccines against                                                     development and use of
emerging infectious diseases                                                      vaccines during outbreaks
                                                                                                              Portfolio management                                       21
                                                                                                              Management of funds                                        22
                                                      3                                                       CEPI policies, procedures, and risk mitigation             22
                                                                                                              Appendix: Results Framework                                22

                                            Sustainability
                                       Create durable and equitable
                                          solutions for outbreak
                                            response capacity

  2                             Coalition for Epidemic Preparedness Innovations                                                              Business Plan 2019 - 2022        3
INTRODUCTION
The Coalition for Epidemic Preparedness Innovations (CEPI) is an innovative
global partnership where we envision a world where epidemics are no
longer a threat to humanity. The global need for CEPI emerged after the
devastating West Africa Ebola crisis in 2014–16 that caused over 11,000
deaths. The collective response to Ebola had fallen short, and it was
evident that we needed a better system to produce vaccines—one of
our most powerful public health tools—against known epidemic threats.

In response, following extensive           technologies with the potential to   In the discussions that led to
public deliberation and                    accelerate the development and       the creation of CEPI, hundreds
consultation, CEPI was launched            manufacture of vaccines against      of experts from around the
at Davos in January 2017 to speed          previously unknown pathogens,        world advised on the key issues
up the development of vaccines             commonly referred to as Disease      that CEPI should address. Their
against the most pressing                  X– ‘just in time’.                   recommendations culminated in
known pathogens with epidemic                                                   our Preliminary Business Plan,
                                           Third, CEPI will support and
potential and advance innovative                                                which served as the roadmap for
                                           coordinate activities to improve
technological platforms to develop                                              CEPI’s start-up phase. Now in
                                           our collective response to
vaccines rapidly in response to                                                 our growth phase, a number of
                                           epidemics, strengthen capacity
newly emerging infectious disease                                               strategic documents have been
                                           in countries at risk, and advance
threats.                                                                        developed, including a Programme
                                           regulatory science that governs
                                                                                Document and Annual Plans
                                                                                                                              CEPI’s mission is to accelerate the
Founded by the governments                 product development.
of Norway and India, the Bill
                                                                                to reflect a renewed approach.       development of vaccines against emerging
                                           Currently1 focussed on the           Together with this Business Plan,
& Melinda Gates Foundation,
                                           pathogens which cause Lassa
                                                                                                                       infectious diseases and enable access to
                                                                                these documents incorporate
Wellcome, and the World
Economic Forum, CEPI is now a
                                           fever, Middle East Respiratory       decisions made by CEPI’s Interim     these vaccines for people during outbreaks
                                           Syndrome (MERS), Nipah,              and now Permanent Board and
broad coalition of governments,
                                           Chikungunya and Rift Valley fever,   reflect lessons learned from the
international organisations ,
                                           CEPI has already committed to        first two years of operations.
philanthropies, civil society
                                           investing up to $413 million to
partners, and the private sector.                                               Three strategic objectives—
                                           support the development of 18
                                                                                preparedness, response, and
While many organisations                   vaccine candidates (Figure 1). The
                                                                                sustainability—drive our efforts
operate within the end-to-end              WHO R&D Blueprint for Action to
                                                                                to accelerate the development
space of vaccine funding and               Prevent Epidemics was the point of
                                                                                of vaccines against emerging
R&D implementation, CEPI was               departure for CEPI when selecting
                                                                                infectious diseases and enable
designed to fill a number of               priority diseases. Through our
                                                                                equitable access to these vaccines
gaps. First, CEPI will advance             second Call for Proposals, we
                                                                                for affected populations during
vaccines against known threats             are also funding innovative
                                                                                outbreaks. This document provides
through proof-of-concept and               platform technologies to speed the
                                                                                details about these strategic
safety testing in humans and will          development and manufacture of
                                                                                objectives and outlines CEPI’s
establish investigational vaccine          vaccines against newly emerging
                                                                                approach to implementation.
stockpiles before epidemics begin          pathogens – commonly referred to
– ‘just in case’. Second, CEPI             as Disease X.
will support innovative platform                                                Richard Hatchett, CEO

1 Correct at time of publication.

4                                   Coalition for Epidemic Preparedness Innovations                                   Business Plan 2019 - 2022                 5
THE CHALLENGE
Figure 1: CEPI’s progress since inception leading up to the revision of the Business Plan

                Jan 2017                                       Jan 2017                                       Apr 2017
  CEPI is officially launched at the World
Economic Forum’s annual meeting in Davos.
                                                  Launch of CEPI’s first Call for Proposals to
                                                  develop vaccine candidates against MERS-
                                                                                                         Richard Hatchett starts his
                                                                                                          position as CEO of CEPI
                                                                                                                                              Scope and initial priorities
            Oslo HQ established                         CoV, Nipah and Lassa viruses
                                                                                                                                              The tragic West Africa Ebola outbreak in 2014-16—the largest and longest
                                                                                                                                              outbreak of Ebola in history to date—galvanised global leaders behind
               Nov 2017                                        Oct 2017                                       Sep 2017
           CEPI established office in               CEPI established office in London, UK        Launch of CEPI’s second Call for Proposals
                                                                                                                                              a goal of developing systems and tools to fight future outbreaks of Ebola
            Washington D.C., USA                                                                  for platform technologies to enable rapid   and other severe infectious pathogens.
                                                                                                   vaccine development against unknown
                                                                                                                  pathogens

                Feb 2018                                       Feb 2018                                      Mar 2018
     CEPI announces new permanent board            CEPI held a first-of-its-kind workshop         CEPI announces its first partnership with
                                                 looking at the challenges, opportunities and     Themis Bioscience worth up to US$ 37,5
                                                 possiblilities of developing vaccines against     million to advance vaccine candidates
                                                                                                                                              In addition to the devasting human                                              To better prepare for future             For the diseases highlighted in the
                                                         Chikungunya in Delhi, India                against Lassa fever and MERS-CoV          costs, the socioeconomic burden                                                 outbreaks, the World Health              WHO R&D Blueprint, development
                                                                                                                                              caused by this outbreak was in                                                  Assembly endorsed the World              of vaccines is an especially
                                                                                                                                              excess of $53 billion.2 It created                                              Health Organization (WHO) R&D            important and complex endeavour
               May 2018                                       May 2018                                        Apr 2018                        severe shocks to investment,                                                    Blueprint for Action to Prevent          (Box 1). Market forces have proved
    CEPI announces partnership with Profectus    CEPI announces partnership with IAVI worth       CEPI announces partnership with Inovio
      Biosciences and Emergent Biosolutions      up to US$ 54,9 million to advance Lassa fever     worth up to US$ 56 million to advance
                                                                                                                                              production, and consumption                                                     Epidemics5, a global strategy and        insufficient to bring such products
     worth up to US$ 25 million to advance the               vaccine development                  vaccine development and manufacturing       throughout the region, coupled                                                  preparedness plan to reduce the          forward and other incentives for
    development and manufacture of a vaccine                                                         against Lassa fever and MERS-CoV         with commodity price shocks in                                                  time between the declaration             advancing the development of
                against Nipah virus
                                                                                                                                              affected countries.3 Healthcare                                                 of a public health emergency of          medical countermeasures against
                                                                                                                                              systems in affected countries                                                   international concern and the            emerging infectious diseases
               Aug 2018                                       Aug 2018                                        Sep 2018                        were also weakened, resulting                                                   availability of effective diagnostics,   (EIDs) were poorly coordinated
                                                                                                                                              in a significant decline in most                                                therapeutics, and vaccines that can      or lacking altogether.
CEPI announces partnership with Profectus        CEPI announces partnership with IDT worth        CEPI announces partnership with Oxford
  Biosciences and Emergent Biosolutions          up to US$ 36 million to advance MERS-CoV         University and Janssen Vaccines worth up    indicators of maternal and child                                                be used to respond to such a crisis.
 worth up to US$ 36 million to advance the                  vaccine development                   to US$ 19 million to develop MERS, Lassa    health as well as many other health
development and manufacture of a vaccine                                                                     and Nipah vaccines
                                                                                                                                              system outputs.4
            against Lassa virus

                Jan 2019                                       Jan 2019                                      Dec 2018
     CEPI announces partnership with the          CEPI launches its third Call for Proposals      CEPI announces partnership with Imperial
     University of Queensland worth up to        to develop vaccines against Rift Valley fever   College London worth up to US$ 8,4 million
    US$ 10,6 million to develop a “molecular               and Chikungunya virus                 to develop a transformative rapid-response
          clamp” platform technology                                                                 technology to create vaccines against
                                                                                                             unknown pathogens

                Feb 2019                                       Feb 2019                                     June 2019
 CEPI awards contract worth up to US$ 31           CEPI awards US$ 34 million contract to           CEPI awards up to US$ 21 million to
million to The University of Tokyo to develop     CureVac to advance The RNA PrinterTM - a       Themis Bioscience for Phase 3 Chikungunya
         vaccine against Nipah virus               mRNA vaccine platform that can rapidly                  vaccine development
                                                         combat multiple diseases

               July 2019                                      July 2019                                      July 2019
     CEPI awards up to US$ 23,4 million to       CEPI awards funding agreement worth up to       CEPI awards contract worth up to US$ 12,5
    Valneva for late-stage development of a      US$ 9,5 million to Colorado State University     million to consortium lef by Wageningen
       single-dose Chikungunya vaccine             to develop a human vaccine against Rift       Bioveterinary Research to develop a human
                                                                 Valley fever                          vaccine against Rift Valley fever

                                                    Business Plan published
                                                                                                                                              2 https://academic.oup.com/jid/article-abstract/218/suppl_5/S698/5129071

                                                                                                                                              3 http://www.worldbank.org/en/topic/macroeconomics/publication/2014-2015-west-africa-ebola-crisis-impact-update

                                                                                                                                              4 https://www.thelancet.com/journals/langlo/article/PIIS2214-109X(17)30078-5/fulltext

                                                                                                                                              5 www.who.int/blueprint

6                                         Coalition for Epidemic Preparedness Innovations                                                                                                                                             Business Plan 2019 - 2022                                          7
Box 1: Market deficiencies in vaccine development

  Vaccine development for                                                     EIDs have predominantly affected          Of the 259 treatments7 that are     The WHO R&D Blueprint was the                 of platform technologies that can
  emerging infectious diseases                                                low- and middle-income countries          being developed for use against     point of departure for CEPI when              rapidly be adapted to such threats,
  (EIDs) is challenging for many                                              and are much more likely to evolve        WHO R&D Blueprint pathogens,        selecting priority diseases (Box              we seek to further strengthen the
  reasons, including the difficulty                                           into large epidemics in such              most are in early phases of         2). Criteria including the risk of            world’s ability to respond to the
  of demonstrating vaccine                                                    settings. These countries have            development and are not ready       an outbreak occurring, burden of              broadest set of challenges in the
  effectiveness, the unpredictability                                         limited means to finance or drive         for use during outbreaks. This      disease, and feasibility of vaccine           realm of EIDs (Boxes 3 and 4).
  of epidemics, the substantial                                               vaccine development on their own.         paucity of available treatments     development were also applied. In
                                                                                                                                                                                                          CEPI has a focussed funding scope
  complexity of conducting                                                    As a consequence of these factors,        underscores how unprepared          addition to the known pathogens
                                                                                                                                                                                                          to invest in vaccine candidates and
  clinical trials in the midst of an                                          the development of commercial             the world is for future outbreaks   - where a threat has been
                                                                                                                                                                                                          innovative platform technologies
  outbreak, and the substantial                                               vaccines against epidemic threat          of EIDs.                            identified - there are numerous
                                                                                                                                                                                                          against emerging epidemic
  costs associated with development                                           pathogens happens infrequently,                                               other pathogens that also have the
                                                                                                                                                                                                          diseases, and use “enabling
  efforts.6 For a variety of reasons,                                         if at all.                                                                    potential to cause epidemics and
                                                                                                                                                                                                          science” to support their
                                                                                                                                                            extensive human suffering and
                                                                                                                                                                                                          advancement (Box 2).
                                                                                                                                                            distress: the so-called “Disease X”.
    The figure below shows the stage of development for vaccine candidates against 11
                                                                                                                                                            By supporting the advancement
    epidemic infectious diseases, from preclinical through to Phase III7

                                                                                               MERS-CoV
                                                   Rift Valley fever
                                                             Ebola                              Zika                                                           Box 2: Prioritised areas for funding
                                                   Chikungunya
                                                                                                  Ebola
                                           MERS-CoV                                                                                                                          Development of vaccine candidates against Lassa, Nipah, and MERS-CoV for stockpiling prior
                                                                                                    CCHF
                                            Marburg                                                                                                                          to large-scale efficacy testing (through Phase II).
                                                         Zika
                                             Ebola                                                                 Chikungunya
                                   Chikungunya                                                                                                                               Development of vaccine platform technologies tested against several pathogens (through Phase I).
                                                     CCHF

                                                                                                                                                                             Development of vaccine candidates for Chikununya and Rift Valley fever.

                                                                                 Phase I; 22              Phase II; 7
                                  Zika                                                                                                                                       Enabling science and technologies that support the advancement of such vaccines.
                                                                                                          Phase III; 2

                                                                                                                                                  Ebola                      Finishing the job of developing vaccines against Ebola.

                        SFTS

                       SARS
                                                                                                                                                            By the end of 2022, we aim to have            CEPI will need to secure $1 billion
                                                                                                                                                            completed Phase II clinical trials            to accomplish the strategic
                                                                                           Preclinical; 228                                                 and established investigational               objectives we have set for our first
                                                                                                                                                            stockpiles for four candidates                5 years of operation9. Our success
     Rift Valley fever                                                                                                                                      against at least two of our priority          will not only improve our collective
                                                                                                                                                            pathogens. These investigational              ability to prepare for and respond
                                                                                                                                                            vaccines will then be ready for               to epidemics but will prevent the
                                                                                                                                                            large-scale efficacy testing in               devastation they can cause and
                                                                                                                                           Lassa fever
                                                                                                                                                            the event of future outbreaks. To             reap societal, public health, and
                                                                                                                                                            achieve this ambitious target,                economic benefits for everyone.
                                                   Nipah

                                                                                                               Marburg
                                                                                    MERS-CoV
                                                                                                                                                            9 CEPI Preliminary Business Plan 2017-2021

6 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5518734/

7 Gouglas et al (2018) Lancet Global Health and Secretariat analysis

8                                                                      Coalition for Epidemic Preparedness Innovations                                                                                         Business Plan 2019 - 2022                                        9
Box 3: CEPI priority diseases
 Lassa                                     Nipah                                 MERS                                   Chikungunya                           Rift Valley fever                      Disease X

 Lassa virus belongs to the                Nipah virus belongs to the            MERS-CoV is the virus that causes      WHO has highlighted Chikungunya       Rift Valley fever has been listed in   Disease X represents the
 Arenaviridae family and causes            Paramyxoviridae family of viruses,    Middle East Respiratory Syndrome       as a major public health risk and     the WHO R&D Blueprint of priority      knowledge that a serious
 Lassa fever, also known as Lassa          genus Henipavirus, alongside          (MERS). It is a coronavirus, part      has stated that further research      pathogens in view of its epidemic      international epidemic could be
 haemorrhagic fever (LHF). It              Hendra virus.                         of the same family of viruses          and development is needed to          potential. Most human infections       caused by a pathogen currently
 is a haemorrhagic illness that                                                  that causes the common cold and        mitigate the risk it poses.           result from contact with the blood     unknown to cause human disease.
                                           The natural hosts of the virus are
 occurs between one and three                                                    SARS (Severe Acute Respiratory                                               or organs of infected animals but      In February 2018, Disease X was
                                           fruit bats (also known as flying                                             It causes fever, severe joint pain,
 weeks after infection. The                                                      Syndrome). It is thought that                                                can also result from the bites of      included in the updated WHO
                                           foxes) of the genus Pteropus. Nipah                                          muscle pain, headache, nausea,
 natural host of Lassa virus is                                                  camels are a major source of                                                 infected mosquitoes. The virus         R&D Blueprint list of priority
                                           virus can be spread to people from                                           fatigue and rash. Joint pain is
 the rodent Mastomys natalensis,                                                 infection in people. Raising camels,                                         was first identified in 1931 during    diseases.
                                           infected bats, infected pigs, or                                             often debilitating and can vary
 otherwise known as the Natal                                                    eating undercooked camel meat,                                               an investigation into an epidemic
                                           infected people.                                                             in duration.                                                                 What we do know is that new
 multimammate mouse or rat.                                                      and drinking raw camel milk                                                  among sheep on a farm in the Rift
                                                                                                                                                                                                     diseases emerge all the time,
                                                                                 or urine are risk factors for the      The disease shares some clinical      Valley of Kenya. Multiple outbreaks
 Lassa virus can pass from person                                                                                                                                                                    from locations all around the
                                                                                 disease in humans. MERS-CoV            signs with Dengue and Zika viruses    have been reported across the
 to person via bodily fluids, and                                                                                                                                                                    world. Developing countries,
                                                                                 can spread from person to person,      and can be misdiagnosed in areas      African continent and in Saudi
 can spread in healthcare settings                                                                                                                                                                   particularly those with high rates
                                                                                 usually through close contact.         where they commonly occur.            Arabia and Yemen.
 if suitable precautions are not                                                                                                                                                                     of biodiversity, are at heightened
 taken.                                                                                                                                                       Most human cases are mild but in a     risk because of the increased
                                                                                                                                                              small proportion of patients severe    risk of outbreaks and the limited
                                                                                                                                                              forms of the disease can develop,      capacity for surveillance and
                                                                                                                                                              which can include ocular disease,      response in these countries.
                                                                                                                                                              encephalitis, or haemorhagic fever,
                                                                                                                                                              which can be lethal.

         MERS

         Chikungunya

         Rift Valley fever

         Nipah

         Lassa

         Nipah/MERS
                                                                                                                                                                                                     The map to the left shows all the
         MERS / Rift Valley fever                                                                                                                                                                    countries that have been affected
                                                                                                                                                                                                     by CEPI’s priority diseases, either
         Chikungunya / Rift Valley fever                                                                                                                                                             by local disease transmission or
                                                                                                                                                                                                     importation of cases. It serves as
         Chikungunya/ Nipah
                                                                                                                                                                                                     a reflection of global spread of the
         Chikungunya/MERS                                                                                                                                                                            diseases rather than their relative
                                                                                                                                                                                                     severity across countries.
                                                                                                                                                                                                     Source: WHO

10                                  Coalition for Epidemic Preparedness Innovations                                                                               Business Plan 2019 - 2022                                               11
Box 4: Vaccine development explained                                                                                             Box 5: Platform technologies explained

 The R&D process for developing                    and pharmacological parameters.       emergence and re-emergence.                      Platform technologies can be understood as building materials (“platforms”) that can be
 vaccines consists of preclinical                  Phase I studies are primarily         Phase II tested vaccines therefore               applied for developing a multitude of vaccines against different pathogens. Vaccines based on
 and clinical phases.                              concerned with safety. Phase II       have the potential of stopping                   different platform technologies induce different types of immune responses, and the immune
                                                   studies involve larger numbers        the spread of disease during                     response required for protection against a certain disease varies. As such, one does not need to
 Preclinical research and
                                                   of subjects and are intended to       outbreaks, as well as being ready                know the exact disease a platform is being developed for, allowing it to be potentially used for
 development is carried out in
                                                   provide preliminary information       for Phase III testing. Depending                 novel, as well as known pathogens.
 laboratories and based on both in
                                                   about a vaccine’s ability to          on the study design, one may
 vitro (e.g. microorganisms, cells                                                                                                        The WHO R&D Blueprint process has identified several platform technology proposals for
                                                   produce its desired effect (usually   choose to conduct a “Phase IIb”
 and biological molecules) and,                                                                                                           human vaccine development that have the potential to rapidly develop vaccines against known
                                                   immunogenicity) in the target         trial between Phase IIa and Phase
 when necessary, in vivo (e.g. mice                                                                                                       or unknown pathogens in the event of an epidemic. CEPI is developing promising platform
                                                   population and its general safety.    III. The purpose of this trial is to
 and non-human primates) studies.                                                                                                         technologies through to the end of Phase I studies. Successful development of these platform
                                                   Together, Phase I and II trials       essentially conduct a small-scale
 The data from the preclinical                                                                                                            technologies could reduce vaccine development time significantly, thereby increasing the
                                                   establish “proof-of-concept”. To      efficacy trial. For many EIDs this
 studies provide details of the                                                                                                           number and types of vaccine platforms that can be quickly adapted against EIDs.
                                                   fully assess the protective efficacy   may be the most realistic trial to
 development and production of a
                                                   and safety of a vaccine, extensive    consider prior to some form of
 vaccine which need to be adequate
                                                   Phase III trials are required.        emergency use listing.
 to justify subsequent clinical
 studies in humans.
                                                   The Phase III clinical trial is
                                                   traditionally the pivotal study on
                                                                                         The figure below depicts these         The vaccine ecosystem
                                                                                         different stages of development.
 Clinical trials are classified into                which the decision on whether                                                Development and delivery of vaccines is a costly and complex process
                                                                                         The end of every phase is
 three phases: Phase I, Phase                      to grant a licence is based and
 II and Phase III. The Phase I                     sufficient data have to be obtained
                                                                                         depicted by the average success        that involves many steps and numerous partners. The vaccines CEPI
                                                                                         rate, ranging from low to high.
 clinical studies carry out initial                to demonstrate that a new
                                                                                         Depending on the success rate
                                                                                                                                helps develop are therefore not CEPI vaccines, but the World’s vaccines.
 testing of a vaccine in small                     product is safe and effective for
                                                                                         applied, it is expected that 3-5       CEPI thus also assesses both              resources for the greater good.             To be responsive and effective in
 numbers (e.g. 20) of healthy                      the purpose intended. For many
                                                                                         preclinial candidates are needed to    opportunities and challenges/             Acknowledging the important                 our mission, we forge partnerships
 adults, to test the properties of                 EIDs, Phase III trials cannot be
                                                                                         have 1 successful Phase II outcome.    bottlenecks that other                    work of other stakeholders, CEPI            with local and regional institutions
 a vaccine, its tolerability, and, if              conducted in advance of outbreaks
 appropriate, clinical laboratory                  due to the sporadic nature of their                                          organisations face in the discovery       approaches all of its investments           and involve the scientific
                                                                                                                                and delivery – either those that          by taking an end-to-end approach,           community in affected countries.
                                                                                                                                hinder a health pipeline of early         acting as either a facilitator or           This is also an integral part of
                                                                                                                                candidates or those that impede           funder as required to drive change          our organisational model and our
                                                                                                                                delivery and access to vaccines.          and help fill the critical gaps that        governance structure, whereby the
                                                                                                                                CEPI coordinates its efforts with         still exist (Figure 2).                     broadest set of experts, funders
 Number of candidates

                                                                                                                                WHO and other major institutional                                                     and institutions working in the
                                                                                                                                partners, and works closely with                                                      field are consulted and take part
                                                                                                                                like-minded funders to allocate                                                       in decision-making.
                                             41%
                                                                                                                                Figure 2: CEPI’s funding and facilitating role
                                                                                                                                                                                     CEPI role as a facilitator
                                                           67-90%                           Proof of          Regulatory
                                                                                            concept            approval
                         Pre-clinical                                                                                                                                       CEPI role as a funder
                                                                            31-54%

                                                                                                                                        1                        2                              3                          4                        5
                                               Phase 1                                                                              DISCOVERY              DEVELOPMENT/                    MANUFACTURE                 DELIVERY/                LAST MILE
                                                                      Phase 2                                                                               LIECENSURE                                               STOCKPILIING

                                                                                              Phase 3
                                                                                                                                Academia                  Industry                     Industry                   GAVI                      Countries
                        Laboratory and                   In human studies                 Large scale/post-
                         animal studies                                                       outbreak              Time        Governments               Governments                  BARDA                      UNICEF                    WHO
                                                                                                                                Wellcome Trust            Regulators                   CMOs                       PAHO                      UNICEF
                                                                                                                                NIH                       Wellcome Trust               Regulators                 Governments               Responding
                                                                                                                                IMI                       NIH                          Governments                WHO                       Organisations
                                                                                                                                GLOPID-R                  EC                           WHO                        Industry                  (eg. MSF)
 Sources: 1) WHO Technical Report, Series No. 924, 2004. Annex 1 Guidelines on clinical evaluation
                                                                                                                                Industry                  IMI                          GHIF                       Pandemic Emergency
 of vaccines: regulatory expectations. 2) Pronker, Plos One 2013 3) Hay, Nature biotechnology 2014 4)                           Regulators                BMGF                                                    Facility (World Bank)
 Wong, Biostatistics 2019                                                                                                       Biotech                   BARDA/DTRA etc.                                         WHO Contingency
                                                                                                                                                          WHO                                                     Fund
                                                                                                                                                          Biotech
                                                                                                                                                          PDPs

12                                        Coalition for Epidemic Preparedness Innovations                                                                                      Business Plan 2019 - 2022                                                    13
VISION, MISSION                                                                                                          Strategic objective 1: Preparedness
AND STRATEGIC OBJECTIVES                                                                                                 Advance access to safe and effective
                                                                                                                         vaccines against emerging infectious diseases
CEPI’s vision is a world in which epidemics are no longer a threat to                                                    Our ability to advance vaccine candidates against our priority
humanity. Our mission is to accelerate the development of vaccines against                                               pathogens is the ultimate test of our ability to deliver on our mission.
emerging infectious diseases and enable equitable access to these vaccines
for affected populations during outbreaks.

To achieve this mission, CEPI         equitable access to epidemic              principle that once a vaccine is         However, vaccine development is       • I nvesting in promising               deployment of vaccines during
has three strategic objectives:       vaccines in the context of an             licensed, price should not limit         a lengthy process. Advancement          candidates targeting EIDs to           outbreaks.
preparedness, response, and           outbreak means;                           necessary access to a vaccine it         of vaccines—especially epidemic         drive development of vaccines
                                                                                                                                                                                                       •P
                                                                                                                                                                                                         roviding expert assistance
sustainability. To measure                                                      has funded while at the same time        diseases—is a complex endeavour         where markets incentives are
                                      that appropriate vaccines are                                                                                                                                     and funds enabling science and
progress and success towards                                                    ensuring the sustainability of vaccine   requiring active involvement by         insufficient.
                                      available when and where they                                                                                                                                     technologies to enhance vaccine
these objectives, CEPI has                                                      manufacturing and distribution.          industry, academic and public
                                      are needed to end an outbreak or                                                                                         •F
                                                                                                                                                                 acilitating the establishment         development efforts.
developed a results framework                                                                                            health experts.
                                      curtail an epidemic, and that they        Accordingly, equitable access is                                                and maintenance of
(see Appendix).
                                      are accessible to all populations         a commitment that drives every           To support preparedness against        investigational stockpiles and
All our strategic objectives          that need them, without financial         aspect of our work and is key to         EIDs, CEPI engages in the              development of robust plans
encompass the principle of            constraints, to achieve that objective.   our success as a global health           following areas of work:               to allow for trials and eventual
equitable access – our most           Moreover, as part of its funding          organisation.
important priority. To CEPI,          agreements, CEPI will pursue the

                                                                                                                           Plans and targets (see Appendix)

                                                                                                                                 •Advance 3 candidates each against Lassa, Nipah, and MERS through Phase II testing by end of 2022.

                                                                                                                                 • Have 4 vaccine candidates against at least 2 pathogens in investigational stockpiles by end of 2022.

                                                                                                                                 • Ensure that development partners seek early engagement with regulators and agree to terms that
                                                                                                                                   are consistent with CEPI’s Equitable Access policy.

                                                                                                                         Investing in promising                assess the performance of               be added to CEPI’s portfolio
                                                                                                                         candidates targeting EIDs to          our vaccine portfolio and add           in response to reassessments
                                                                                                                         drive development of vaccines         additional investments based            of existing threats and new
                                                                                                                         where markets incentives are          on its progress. As part of our         emerging diseases. Depending on
                                                                                                                         insufficient                          investments, we work with our           the success rate of our vaccine
                                                                                                                                                               development partners to develop         portfolio, CEPI might also choose
                                                                                                                         CEPI supports the development
                                                                                                                                                               domestic clinical-trial capacity        to invest in additional vaccine
                                                                                                                         of vaccines against priority
                                                                                                                                                               in countries where we will deploy       candidates for existing priority
Price should not limit necessary access to a                                                                             pathogens and works with
                                                                                                                                                               our vaccines.                           diseases or co-invest in large-
                                                                                                                         partners to ensure that promising
vaccine CEPI has funded while at the same                                                                                vaccine candidates are ready for      While initial investments have
                                                                                                                                                                                                       scale efficacy trials when a vaccine
                                                                                                                                                                                                       candidate is ready.
time ensuring the sustainability of vaccine                                                                              large-scale field trials when an      been made in vaccines against
                                                                                                                         outbreak occurs. CEPI carefully       Lassa, Nipah, MERS, Chikungunya
manufacturing and distribution.                                                                                          manages its portfolio of vaccine      and Rift Valley fever as priority
                                                                                                                         candidates. We continuously           diseases, new diseases may

14                             Coalition for Epidemic Preparedness Innovations                                                                                     Business Plan 2019 - 2022                                               15
Facilitating the establishment and     more doses are needed. These          of clinical trials suitable for
maintenance of investigational         manufacturing capabilities will       testing candidate vaccines during      Plans and targets (see Appendix)
stockpiles and developing robust       also be required to replenish         public health emergencies, and
                                       unused stockpiles of vaccines that    a great deal of preparatory work              • Have at least 2 vaccine platform technologies by end of 2022 that can be rapidly
plans to allow for trials and
                                       have expired.                         will be required if vaccine trials              adapted to develop vaccines against unknown pathogens for use in humans.
eventual deployment of vaccines
                                                                             are to be conducted under such                • Have at least 8 candidates through preclinical by 2020 and 6 vaccine candidates
during outbreaks                       Providing expert assistance
                                                                             circumstances.
                                       and funds enabling science and                                                        through Phase I by end of 2022.
CEPI will facilitate the
                                       technologies to enhance vaccine       CEPI staff, external experts, and
establishment of investigational                                                                                           • Ensure that development partners have necessary agreements in place for
                                       development efforts                   members of its Scientific Advisory
stockpiles of successful vaccine                                                                                             vaccines to be deployed and tested during an outbreak.
                                                                             Committee (SAC) contribute
candidates. This activity is
                                       CEPI provides substantial             subject-matter expertise in
designed to enable a response to
                                       technical support to its partners     support of partners. CEPI also
an outbreak and the fast-tracked
                                       and serves as a liaison with          promotes and funds enabling
execution of large-scale efficacy
                                       WHO, other institutional              science. Examples of enabling
trials (Phase III clinical studies)                                                                               Investing in platforms to speed        vaccines in a variety of storage        These may include ensuring
                                       partners, and countries at-risk,      science include the validation
during the initial stages of an                                                                                   the development and manufacture        conditions, needleless injection        that development partners have
                                       to increase the likelihood of         of animal models required for
outbreak.                                                                                                         of vaccines                            devices, and other vaccine delivery     necessary agreements in place
                                       success and expedite clinical         vaccine proof-of-concept, the
                                       testing. CEPI’s partners face an                                                                                  systems that can make it easier for     for vaccines to be deployed and
If a vaccine is deemed to be safe                                            development of correlates of         CEPI invests in platform
and effective, trials must be          array of challenges in developing                                                                                 healthcare workers to administer        tested during an outbreak. CEPI
                                                                             protection, providing support for    technologies that can be rapidly
followed by regulatory approval        vaccines against epidemic                                                                                         vaccines.                               also works with WHO and other
                                                                             diagnostics, and the preparation     adapted to new and unknown
and licensure. Manufacturing           diseases. The epidemiology            of biological standards and                                                                                         partners as needed to coordinate
                                                                                                                  pathogens, to reduce the time          Engaging end-to-end partners
plans will also need to be devised     of CEPI’s target diseases has         assays critical for the evaluation                                                                                  its response activities.
                                                                                                                  required for vaccine development       to plan for the testing and
to allow for eventual large-scale      not been well characterised.          of vaccine candidates. CEPI also     to as little as 16 weeks.              deployment of vaccines during
deployment. In view of these           Preclinical models for these          works closely with regulators and
                                                                                                                  In addition to expediting vaccine      outbreaks
manufacturing needs, all vaccine       diseases are underdeveloped           authorities in developed countries
                                       and the international standards                                            development, our platform
candidates supported by CEPI                                                 and developing countries to                                                 CEPI proactively coordinates with
will have manufacturing plans          and assays needed for vaccine                                              technologies will be adaptable for
                                                                             promote regulatory harmonisation                                            a range of end-to-end partners
and associated quality controls        development have not been             and to ensure that regulatory        use across different viral families.
                                                                                                                                                         that enable testing and delivery of
in place to increase production        established. Much work remains        requirements are addressed.          The goal of CEPI’s investments in      vaccines to affected populations
capacity of these vaccines if          to be done to optimise the design
                                                                                                                  vaccine platforms is to accumulate     during an outbreak situation.
                                                                                                                  data on the performance of these
                                                                                                                                                         This means working with
                                                                                                                  platforms in a variety of settings,
                                                                                                                                                         partners to design and implement
                                                                                                                  to characterise the human
                                                                                                                                                         clinical trials, engaging relevant
                                                                                                                  immune response to vaccines
Strategic objective 2: Response
                                                                                                                                                         regulators and ethics review
                                                                                                                  developed on these platforms
                                                                                                                                                         boards prospectively, ensuring
                                                                                                                  to the greatest extent possible,
                                                                                                                                                         the security and reliability of
                                                                                                                  and to work with regulators to
Accelerate the research, development                                                                              streamline pathways for the
                                                                                                                                                         the supply chain (including any
                                                                                                                                                         needed cold-chain logistics), and
                                                                                                                  approval of vaccines emerging
and use of vaccines during outbreaks                                                                              from these platforms in the event
                                                                                                                  of an emergency.
                                                                                                                                                         preparing for potential large-scale
                                                                                                                                                         administration of vaccines once
                                                                                                                                                         trials are complete and the vaccine
Response to an unknown pathogen requires the necessary tools to expedite                                          Supporting the development of          has been shown to be safe and
                                                                                                                  technologies to facilitate field use   effective.
vaccine development, and innovative technologies can make uptake and                                              and rapid response
                                                                                                                                                         Our Joint Coordination Group
delivery of the vaccine more effective.                                                                           Where appropriate, and often in        (JCG)—composed of normative
                                                                                                                  conjunction with other partners,       bodies, regulators, funders,
                                                                                                                  CEPI will support the development      stockpilers, and first responders—
Importantly, history has shown         • Investing in platforms to          • Engaging end-to-end partners
                                                                                                                  of technologies that enable            plays a key role in this effort.
us that the R&D and delivery             speed up the development and          to plan for the deployment of
                                                                                                                  rapid testing and delivery of          Under their guidance, CEPI
response will not be effective           manufacture of vaccines.              vaccines during outbreaks.
                                                                                                                  vaccines in the field. Examples        maps roles and responsibilities
unless it has been tested and
                                       • Supporting the development of                                           of these technologies we could         in relation to the vaccines it is
planned for in preparedness mode.
                                         technologies to facilitate use of                                        support in the future include          funding, identifies potential gaps
To support the epidemic response,
                                         vaccines in the field and rapid                                          thermostabilisation technologies       in preparedness, and develops
CEPI is:
                                         response to epidemics.                                                   to enhance the stability of            plans to address these gaps.

16                              Coalition for Epidemic Preparedness Innovations                                                                              Business Plan 2019 - 2022                                          17
Strategic objective 3: Sustainability
Create durable solutions and equitable
for outbreak response capacity

While preparedness and response are key priorities for an organisation
working on EIDs, sustainability is a key component within all priorities and
investments will ultimately ensure that the products we help develop stand
the test of time.

This means that CEPI will             priorities of other organisations.    • Driving efficiencies in vaccine    Driving efficiencies to reduce        Developing contingency plans
organise and prioritise such that     To ensure that CEPI’s approach is       development to reduce costs.        costs across the end-to-end           to reduce risk so that successful
the investments we make are           sustainable, CEPI is:                                                       spectrum of vaccine development       products are available to support
                                                                            • Developing contingency plans
robust to tackle the unpredictable                                                                                                                      outbreak response
                                      • Improving the predictability         to reduce risk so that successful   CEPI constantly strives for cost
nature of epidemics, and that they
                                        of financing for vaccine              vaccines are available during       reductions and streamlining in        CEPI establishes contingency
can help drive systemic changes
                                        development to address end-to-        outbreaks.                          all areas: from R&D and vaccine       plans with our partners for key
in vaccine R&D for EIDs through
                                        end market failures.                                                      manufacturing to regulatory           aspects of epidemic responses,
innovation and alignment with
                                                                                                                  process and stockpiling, and          including those related to
                                                                                                                  even through to deployment of         manufacturing and delivery of
                                                                                                                  vaccines. CEPI also supports the      vaccines.
                                                                                                                  streamlining of processes related
  Plans and targets (see Appendix)                                                                                                                      In practice, this means that if
                                                                                                                  to vaccine development and
                                                                                                                                                        there is a failure of “plan A”
        • Raise $1bn as multi-year contributions to CEPI.                                                        regulatory approval that could
                                                                                                                                                        (i.e. a vaccine manufacturing
                                                                                                                  reduce R&D timelines or extend
        • Have agreements in place with downstream partners on life-cycle financing                                                                    partner goes out of business),
                                                                                                                  the shelf life of vaccines, thereby
          a of CEPI-funded products.                                                                                                                    we have “plan B”, which will
                                                                                                                  reducing the frequency of costly
                                                                                                                                                        enable continued vaccine
                                                                                                                  stockpile replenishments.
                                                                                                                                                        manufacturing and
                                                                                                                  CEPI is committed to developing       distribution.
                                                                                                                  and deploying vaccines
                                                                                                                  against EIDs in a manner that
Improving the predictability of       CEPI collaborates with                These contributions allow us
                                                                                                                  demonstrates it is a responsible
financing to address end-to-end       organisations, whose missions         to operate flexibly in uncertain
                                                                                                                  steward of public resources. CEPI
market failures                       intersect with our own, to            environments, such as during
                                                                                                                  must therefore guarantee that the
                                      proactively identify and fill         outbreak situations, and to
We work closely with public-                                                                                      financial resources, bestowed to
                                      funding gaps for vaccine              increase financial predictability
sector and private-sector partners                                                                                CEPI by our investors, are invested
                                      R&D. Such collaboration               for our vaccine development
to coordinate the development                                                                                     in a way that provides value for
                                      could manifest as funding             partners. This approach requires
and procurement of our vaccine                                                                                    money.
candidates. By improving the
                                      opportunities for large-scale         CEPI to work closely with other                                                                 CEPI is committed to developing
                                      vaccine efficacy studies or support   actors and funders to align
predictability of such financing,
                                      for development of financial          organisational priorities.
                                                                                                                                                                                      and deploying vaccines
and establishing long-term
mechanisms for the maintenance
                                      incentives such as prizes,                                                                                                              against EIDs in a manner that
                                      advance purchase commitments,
of stockpiles, we can ensure that
                                      or vouchers. We continue our
                                                                                                                                                                             demonstrates it is a responsible
successful vaccines can reach
affected populations during an
                                      efforts to secure multi-year                                                                                                              steward of public resources.
                                      financial contributions for vaccine
outbreak.
                                      research and development.

18                            Coalition for Epidemic Preparedness Innovations                                                                               Business Plan 2019 - 2022                      19
IMPLEMENTATION                                                                                                                                                                   Portfolio management
                                                                                                                       10

Governance                                                                                                                                                                       Research shows that to
                                                                                                                                                                                 successfully move one vaccine
                                                                                                                                                                                                                                                                     CEPI’s PSMB, with advice from its
                                                                                                                                                                                                                                                                     SAC and external experts, defines
                                                                                                                                                                                                                                                                                                                                                    periodic “stage-gate” reviews for
                                                                                                                                                                                                                                                                                                                                                    partners seeking the next tranche
                                                                                                                                                                                 candidate from preclinical                                                          the target portfolio of vaccine                                                of funding to advance to the next
                                                                                                                                                                                 assessment to Phase II, one will                                                    candidate, platform technology                                                 stage of development.
CEPI’s governance structure                                                    • The Board is composed of 8                             • The Scientific Advisory              involve at least three product                                                      and enabling sciences projects,
has been developed to embed                                                      independent members and four                              Committee (SAC) provides                                                                                                                                                                                 A Joint Monitoring and Advisory
                                                                                                                                                                                 failures.11 As the development                                                      and manages delivery of the
sound scientific assessment, and                                                 representatives of the Investors                          technical advice to the                                                                                                                                                                                  Group (JMAG) consisting
                                                                                                                                                                                 of our portfolio progresses, we                                                     portfolio according to a standard
evidence based decision-making                                                   Council — a body composed                                 Secretariat on disease                                                                                                                                                                                   of key Secretariat staff and
                                                                                                                                                                                 anticipate that there will be a                                                     portfolio management cycle
as well as ensure the highest                                                    of all Investors in CEPI. While                           prioritisation, vaccine candidate                                                                                                                                                                        representatives of vaccine
                                                                                                                                                                                 high rate of attrition. Therefore,                                                  (Figure 4). The ultimate funding
operational standards and rigour                                                 the Board is CEPI’s ultimate                              selection, portfolio management,                                                                                                                                                                         development partners continually
                                                                                                                                                                                 to meet our strategic objectives,                                                   decisions are then made by the
in awarding of funds (Figure 3).                                                 decision-making authority,                                and vaccine science.                                                                                                                                                                                     assess progress of individual
                                                                                                                                                                                 we require an appropriately sized                                                   Board. In advance of entering into
                                                                                 three sub-committees of the                                                                                                                                                                                                                                        projects, approve plans, and make
                                                                                                                                         • The Joint Coordination Group         portfolio of vaccine candidates,                                                    partnership agreements, CEPI
                                                                                 Board gives the Secretariat                                                                                                                                                                                                                                        recommendations to the PSMB
                                                                                                                                           (JCG) is composed of normative        with a robust framework for                                                         performs financial, technical, and
• The members’ meeting is CEPI’s                                                guidance on issues critical                                                                                                                                                                                                                                        concerning project continuation
                                                                                                                                           and regulatory agencies,              portfolio management.                                                               legal and business due diligence
  highest body, equivalent to a                                                  for the progress of CEPI, but                                                                                                                                                                                                                                      and the extension of additional
                                                                                                                                           funders, procurers and delivery                                                                                           to ensure that development
  general assembly. This meeting                                                 which do not require full Board                                                                 Rigorous investment decisions                                                                                                                                      funding through the formal stage-
                                                                                                                                           institutions. The JCG addresses                                                                                           partners possess the necessary
  includes all independent Board                                                 approval.                                                                                       and trade-offs will need to be                                                                                                                                     gate review process.
                                                                                                                                           barriers to advancing and                                                                                                 scientific, financial, and overall
  members and all Investors and                                                                                                                                                  made on an ongoing basis to reach
                                                                               • The Investors Council also                               delivering vaccines and works to                                                                                          management expertise to advance                                                At the portfolio level, CEPI uses
  is responsible for adopting the                                                                                                                                                our ambitious targets, as outlined
                                                                                 provides oversight and guidance                           align priorities between member                                                                                           products and are able to manage                                                a range of analytical approaches
  annual accounts and approving                                                                                                                                                  through our Strategic Objectives.
                                                                                 to the Secretariat in areas                               institutions. It can also establish                                                                                       significant sums of money. The                                                 as part of our annual strategic
  revisions to the CEPI’s Articles of                                                                                                                                            Therefore, CEPI employs a
                                                                                 relevant for management.                                  working groups for issues                                                                                                 partnership agreements also                                                    reviews to monitor risk and the
  Association.                                                                                                                                                                   consistent portfolio management
                                                                                                                                           requiring dedicated attention.                                                                                            provide a mechanism for ensuring                                               value of our portfolio. Following
                                                                                                                                                                                 system in place that includes the
                                                                                                                                                                                                                                                                     compliance with our Equitable                                                  close evaluation of our portfolio’s
                                                                                                                                                                                 following aspects:
                                                                                                                                                                                                                                                                     Access policy, and the Secretariat                                             progress, and of other unmet
Figure 3: CEPI’s governance model                                                                                                                                                •A
                                                                                                                                                                                   common portfolio                                                                 regularly publishes reports on the                                             needs for vaccine R&D for EIDs,
                                                                                                                                                                                  management cycle to enable                                                         implementation of the policy.                                                  CEPI plans for future additional
                                                                                                                                                                                  disciplined identification,                                                                                                                                       investments. This is informed by
                                                                                                                                                                                                                                                                     CEPI manages projects through
                                                                                        Members meeting                                                                           selection, management and
                                                                                                                                                                                                                                                                     active engagement and routine
                                                                                                                                                                                                                                                                                                                                                    screening of new potential areas
                                                                                                                                                                                  evaluation of vaccine candidate                                                                                                                                   for funding, including analyses of
                                                                                                                                                                                                                                                                     monitoring and reviews. Approval
                                                                                                                                                                                  and platform projects in line                                                                                                                                     vaccine research.
                                                                                                                                                                                                                                                                     criteria are applied to support
                                                                                                                                                                                  with strategic objectives

              Formal relationship                                                                          Board                                                                 •E
                                                                                                                                                                                   ffective portfolio governance                                                    Figure 4: Porfolio management
                                                                                                                                                                                  enabling timely and high quality
              Informal relationship                                                                                                                                               decision-making, overseen by                                                                                                           Strategic Objectives
                                                                                                         Executive &        Compensation
                                                                       Audit & risk                                                                                               a dedicated Portfolio Strategy
                                                                                                         investment         & nomination
                                                                                                                                                                                  & Management Board (PSMB),
                                                                                                                                                                                  consisting of senior members                                                                                                                    Opportunity
                                                                                                                                                                                  of the CEPI leadership team and                                                                                                                identification
                                                                                                                                                                                  internal technical and subject                                                                                                               (new and existing)
         Joint                                                                                                                                                                    matter experts
                                                                                                   Secretariat                                            Investors
      Coordination                                                                                                                                                               •S
                                                                                                                                                                                   tandardised project and
                                                                                                                                                           Council                portfolio management practices
         Group
                                                                                                          CEO Office                                                              to drive harmonisation,                                                                                                                              R&D                             Project
                                                                                                                                                                                  consistency and comparability                                                            Project review                                                                           prioritisation
                                                                                                                                                                                  across the portfolio                                                                     and evaluation
                                                                                                                                                                                                                                                                                                                                     Portfolio
                                                                           Vaccine                                            Business                                                                                                                                                                                              Management                      and selection
                                                                                                      Vaccine Science                                    Scientific              •C
                                                                                                                                                                                   lear and consistent
  Working groups                                                      Development                                           Development
                                                                                                                                                         Advisory                                                                                                                                                                      Cycle
                                                                                                                                                                                  management of project and
                                                                      People, Policy                     Comms,             Finance and                 Committee                 portfolio information and
                                                                      and Planning                    Advocacy & RM                                                               analyses to enable effective
                                                                                                                             Operations
                                                                                                                                                                                  decision-making in terms of
                                                                                                                                                                                  portfolio value, cost, time, risk                                                                                                             Project execution
                                                                                                                                                                                  and diversity                                                                                                                                  and monitoring
10 More details on CEPI’s operating model is provided in CEPI’s Programme Doccument and can be found on www.cepi.net                                                             11 Gouglas D, Tung TL, Henderson K, et al. Estimating the cost of vaccine development against epidemic infectious diseases. The Lancet Global Health. (in press)

20                                                             Coalition for Epidemic Preparedness Innovations                                                                                                                                                                Business Plan 2019 - 2022                                                                              21
Management of funds                                                                                                                                                  IMPACT                                                                                                                                                                                      OUTCOMES                                                                                                              OUTPUTS                                                                                                                                                          ACTIVITIES

The funds received by CEPI                                                     of its funds in US dollars and        capital preservation and liquidity.

                                                                                                                                                                                                                                                                                                                                                                                                                                             support outbreak

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         plans developed
from its investors are usually                                                 currently makes all grants in

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Contingency
                                                                                                                     CEPI’s annual reporting is

                                                                                                                                                                                                                                                                                                                                                                                                                                                available to
                                                                                                                                                                                                                                                                                                                                                                                                                                                Successful

                                                                                                                                                                                                                                                                                                                                                                                                                                                 response
                                                                                                                                                                                                                                                                                                                                                                                                                                                 products
received and kept in a Financial                                               this currency. The Secretariat
                                                                                                                     informed by progress reports

                                                                                                                                                            for sustainable development (SDG 17)
Intermediary Fund managed                                                      has commercial bank accounts

                                                                                                                                                              Revitalised the global partnership

                                                                                                                                                                                                                                                                                                                                                                              Create durable and equitable solutions
                                                                                                                     from our development partners.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                               3.3.1
by the World Bank, with some                                                   for disbursement to CEPI’s

                                                                                                                                                                                                                                                                                                                                                                                                                                       3.3
                                                                                                                                                                                                                                                                                                                                                                                 for outbreak response capacity
                                                                                                                     This information enables CEPI

                                                                                                                                                                                                                                                                                                                                       Improved Sustainability
investors having chosen to                                                     development partners or
                                                                                                                     to measure progress towards our
transfer funds directly to CEPI’s                                              operating expenses. Funds
                                                                                                                     strategic objectives and financial

                                                                                                                                                                                                                                                                                                                                                                 Sustainability

                                                                                                                                                                                                                                                                                                                                                                                                                                             to end spectrum

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     improvements
                                                                                                                                                                                                                                                                                                                                                                                                                                              across the end
                                                                                                                                                                                                                                                                                                                                                                                                                                              Costs reduced
bank accounts.                                                                 held for either contingency or

                                                                                                                                                                                                                                                                                                                                                                                                                                               development

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Efficiency
                                                                                                                                                                                                                                                                                                                                                                                                                                                 of vaccine
                                                                                                                     targets.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         made
                                                                               cash-management purposes are
The Secretariat maintains most
                                                                               conservatively invested to ensure

                                                                                                                                                                                                                                                                                                                                                                                                                                                                               3.2.1
                                                                                                                                                                                                                                                                                                                                                                                                                                       3.2

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               • Investment in promising candidates. platforms targeting EIDs, and enabling science
                                                                                                                                                                                                                                                                                                                                                                                                                                                market failures

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Predictability
                                                                                                                                                                                                                                                                                                                                                                                                                                                 End-to-end
CEPI policies, procedures, and risk mitigation

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     of financing
                                                                                                                                                                                                                                                                                                                                                                                                                                                  addressed

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      improved

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   • Partnership building and engagement of stakeholders and scientific community
                                                                                                                                                                                                                                                                                                                                                                                                                                                                               3.1.1
                                                                                                                                                            0.3

                                                                                                                                                                                                                                                                                                                                                                                                                                       3.1
                                                                                                                                                                                                                                                                                                                                                                 3
CEPI is guided by a commitment                                                 mitigation measures, policies, and    i) Legal, ethical, and regulatory

                                                                                                                                                                                                                                                                    Access to EID vaccines for affected populations during outbreaks
                                                                                                                                                                                                    A world in which epidemics are no longer a threat to humanity
to effective, ethical operations                                               procedures are critical, especially      requirements including those
and investment practices. For                                                  in view of CEPI’s fiduciary,             required by global regulatory

                                                                                                                                                                                                                                                                                                                                                                                                                                              during outbreaks
each vaccine development project,                                              operational, and indirect                agencies and authorities in

                                                                                                                                                                                                                                                                                                                                                                                                                                               for testing and
                                                                                                                                                                                                                                                                                                                                                                                                                                                Plans in place

                                                                                                                                                                                                                                                                                                                                                                                                                                                 deployment

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     End to end
the CEPI Secretariat creates a                                                 development responsibilities.            the geographies in which CEPI

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      partners
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      engaged
“Risk and Follow-up Report”.                                                   These measures are also                  operates.

                                                                                                                                                            and sustainable growth (SDG 8)

                                                                                                                                                                                                                                                                                                                                                                              Accelerate the research, development
                                                                                                                                                                                                                                                                                                                                                                              and use of vaccines during outbreaks

                                                                                                                                                                                                                                                                                                                                                                                                                                                                               2.3.1
Risks are described in detail in                                               important because the projects

                                                                                                                                                             Promote sustained, inclusive

                                                                                                                                                                                                                                                                                                                                                                                                                                       2.3
                                                                                                                     ii) Industry standards and best
funding applications, integrated                                               we fund might involve testing
                                                                                                                         practice for conducting R&D

                                                                                                                                                                                                                                                                                                                                       Improved Response
product development plans,                                                     new vaccines in vulnerable
                                                                                                                         and ensuring that it is ethical,

                                                                                                                                                                                                                                                                                                                                                                                                                                                Facilitated field

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Development of
and by CEPI during technical,                                                  populations during an outbreak.

                                                                                                                                                                                                                                                                                                                                                                                                                                                 use and rapid

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          technologies
                                                                                                                                                                                                                                                                                                                                                                 Response
                                                                                                                         effective, and transparent.

                                                                                                                                                                                                                                                                                                                                                                                                                                                   response
financial, legal, and integrity                                                To ensure compliance with all

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  • Strategy development and gap analysis
due diligence. Significant risks                                               relevant regulations and the          iii) Operational and financial

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            • Advocacy and resource mobilisation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                               2.2.1
                                                                                                                          requirements investors have

                                                                                                                                                                                                                                                                                                                                                                                                                                       2.2
are included in the CEPI Risk                                                  highest ethical and quality
Register, which is shared with the                                             standards, CEPI’s policies12               asked CEPI to follow.
Board on a quarterly basis. Risk                                               reflect:

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    • Governance and operations
                                                                                                                                                                                                                                                                                                                                                                                                                                         and manufacture

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   specific vaccines

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Through Phase I
                                                                                                                                                                                                                                                                                                                                                                                                                                          and unknown
                                                                                                                                                                                                                                                                                                                                                                                                                                           development

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     on platforms
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     progressing
                                                                                                                                                                                                                                                                                                                                                                                                                                            of vaccines

                                                                                                                                                                                                                                                                                                                                                                                                                                            pathogens
                                                                                                                                                                                                                                                                                                                                                                                                                                            for known

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Preclinical
                                                                                                                                                                                                                                                                                                                                                                                                                                            Expedited

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Pathogen

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Through

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      • Expert assistance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                               2.1.1
                                                                                                                                                            0.2

                                                                                                                                                                                                                                                                                                                                                                                                                                       2.1
                                                                                                                                                                                                                                                                                                                                                                 2
APPENDIX: RESULTS FRAMEWORK

                                                                                                                                                                                                                                                                                                                                                                              Advance access to safe and effective vaccines against

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Vaccine development
                                                                                                                                                                                                                                                                                                                                                                                                                                                  manufacture in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                   Plans for trials and

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           efforts enhanced
This Appendix provides an                                                      provides more detail on how           of achievements towards our

                                                                                                                                                            wellbeing for all at all ages (SDG 3)
                                                                                                                                                            Ensure healthy lives and promote
overview of all the indicators                                                 each indicator is monitored and       strategic objectives. This is

                                                                                                                                                                                                                                                                                                                                                                                         emerging infectious diseases
and their targets. A Theory of                                                 measured. To complement this          deemed particularly important for

                                                                                                                                                                                                                                                                                                                                       Improved Preparedness
Change outlines how elements                                                   Framework, CEPI will continue         the Theory of Change levels 2.2,

                                                                                                                                                                                                                                                                                                                                                                 Preparedness
within our Strategic Objectives                                                to develop its monitoring plan        2.3.1, 3.2 and 3.3 which currently

                                                                                                                                                                                                                                                                                                                                                                                                                                                                               1.2.1
                                                                                                                                                                                                                                                                                                                                                                                                                                       1.2
respond to the results hierarchy.                                              by the end of 2019 to support         do not have dedicated indicators.
CEPI’s Programme Document                                                      timely and accurate follow-up

                                                                                                                                                                                                                                                                                                                                                                                                                                                  Investigational stockpiles

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Vaccines candidates

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Through Preclinical
                                                                                                                                                                                                                                                                                                                                                                                                                                                         established

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        developed

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Through Phase II

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Through Phase I
                                                                                                                                                            0.1

                                                                                                                                                                                                                                                                                                                                                                                                                                                                               1.1.1
                                                                                                                                                                                                                                                                                                                                                                                                                                       1.1
                                                                                                                                                                                                                                                                                                                                                                 1
12 See www.cepi.net/about/governance for an up-to-date list of CEPI policies

22                                                                Coalition for Epidemic Preparedness Innovations                                                                                                                                                                                                                                                                                                                     Business Plan 2019 - 2022                                                                                                                                                                                                                                                                                                                                                                                                    23
Indicator    TOC                                          Baseline    Target     Target     Target     Target       Target        Indicator    TOC                                             Baseline     Target          Target          Target          Target          Target
                                 Indicators                                                                                                                         Indicators
  number     number                                          YO         2018       2019       2020       2021         2022          number     number                                             YO          2018            2019            2020            2021            2022

                                                                                                                                                                                                             Progress        Progress
                         3.B.2 Development assistance
                                                                                                                                                           Number of vaccine candidates                      towards         towards
     1         0,1        to medical research & basic         N/A        N/A        N/A        N/A        N/A          N/A             8        1,1,1 c                                         MERS: 0                                      MERS: 1         MERS: 1         MERS: 3
                                                                                                                                                            advanced through PII trials                       targets         targets
                                  healthcare
                                                                                                                                                                                                             reported        reported

                            3.D.1 Health emergency                                                                                                                                                                                                                         At least one
     2         0,1                                            N/A        N/A        N/A        N/A        N/A          N/A                                Number of available biological                                                                   1 biological
                                  preparedness                                                                                                                                                                                                                              validated
                                                                                                                                                          standards and validated assays                     Progress        Progress        Progress       standards
                                                                                                                                                                                                                                                                               assay
                                                                                                                                                          (including standard operating                      towards         towards         towards        developed
     3         0,2      8.1.1 GDP per capita growth rate      N/A        N/A        N/A        N/A        N/A          N/A            9          1,2,1                                             0                                                                        available
                                                                                                                                                           procedures) for evaluation of                      targets         targets         targets        for each
                                                                                                                                                                                                                                                                             each of
                                                                                                                                                            vaccine candidates against                       reported        reported        reported       of priority
                         17.6.1 Science and technology                                                                                                                                                                                                                       priority
     4         0,3                                            N/A        N/A        N/A        N/A        N/A          N/A                                   CEPI’s priority pathogens                                                                     pathogens
                                   cooperation                                                                                                                                                                                                                             pathogens

                        Number of vaccine candidates                                                                                                        Percent of vaccine candidates
                                                                                                                   4 candidates
                         in investigational stockpile                                                                                                        in clinical development (e.g.
                                                                                                                    for at least
     5          1,1      for outbreak situations and           0          0          0          0          0                                                being tested in humans), with                    Subject to      Subject to      Subject to      Subject to      Subject to
                                                                                                                     2 priority
                        ready for efficacy studies and                                                                                                        relevant engagement from                       successful      successful      successful      successful      successful
                                                                                                                    pathogens
                               emergency use                                                                                          10        1,2,1 a   national authorities—including           0        completion completion completion completion completion
                                                                                                                                                          regulators—in at-risk countries                  of preclinical: of preclinical: of preclinical: of preclinical: of preclinical:
                        Percent of vaccine partnership                                                                                                     (End preclinical/move to Phase                      100%            100%            100%            100%            100%
                             agreements that have                                                                                                         I (Stage Gate 1): Scientific advice
     6         1,2       manufacturing plans in place         N/A       100%       100%       100%       100%         100%                                    for CTA/Pre-IND package)
                        to enable vaccine production in
                            response to an outbreak                                                                                                        Percent of vaccine candidates
                                                                                                                                                            in clinical development (e.g.
                        Percent of vaccine development                                                                                                     being tested in humans), with                     Subject to Subject to  Subject to              Subject to      Subject to
                        partners agreeing to terms that                                                                                                      relevant engagement from                        successful successful  successful              successful      successful
                                                                                                                                      10        1,2,1 b                                            0
     7         1,2      are fully consistent with CEPI’S      N/A       100%       100%       100%       100%         100%                                national authorities—including                    completion completion completion               completion      completion
                          Equitable Access Policy and                                                                                                     regulators—in at-risk countries                   of PI 100% of PI 1 100% of PI 100%             of PI 100%      of PI 100%
                           implementation guidance                                                                                                        (End of Phase I, type C meeting/
                                                                                                                                                                   scientific advice)
                        Number of vaccine candidates
     8        1,1,1 a   advanced through preclinical        Lassa: 0   Lassa: 1   Lassa: 3   Lassa: 4   Lassa: 4                                           Percent of vaccine candidates
                                   trials                                                                                                                   in clinical development (e.g.
                                                                                                                                                              being tested in humans),
                                                                                                                                                                                                             Subject to     Subject to      Subject to      Subject to      Subject to
                        Number of vaccine candidates                                                                                                         with relevant engagement
                                                                                                                                                                                                             successful     successful      successful      successful      successful
     8        1,1,1 a   advanced through preclinical        Nipah: 1   Nipah: 1   Nipah: 3   Nipah: 4   Nipah: 4                      10        1,2,1 c     from national authorities—             0
                                                                                                                                                                                                            completion     completion      completion      completion      completion
                                   trials                                                                                                                     including regulators—in
                                                                                                                                                                                                            of PII 100%    of PII 100%     of PII 100%     of PII 100%     of PII 100%
                                                                                                                                                          at-risk countries. (for Phase II,
                        Number of vaccine candidates                                                                                                       submission of CTA to NRAs in
     8        1,1,1 a   advanced through preclinical        MERS: 1    MERS: 1    MERS: 2    MERS: 3    MERS: 4                                                   affected countries)
                                   trials
                                                                                                                                                                                                                                                                          2 or greater,
                                                                       Progress                                                                                                                                                                                             including
                        Number of vaccine candidates                   towards                                                                                                                                                                                                at least
     8        1,1,1 b                                       Lassa: 0              Lassa: 2   Lassa: 3   Lassa: 3                                            Number of vaccine platform
                         advanced through PI trials                     targets                                                                                                                              Progress        Progress        Progress        Progress       one novel
                                                                                                                                                          technologies that can be rapidly
                                                                       reported                                                                                                                              towards         towards         towards         towards      (innovative)
                                                                                                                                      11         2,1        adapted to develop vaccines            0
                                                                                                                                                                                                              targets         targets         targets         targets     platform, i.e.,
                                                                                                                                                          against unknown pathogens for
                                                                       Progress                                                                                                                              reported        reported        reported        reported      that has no
                                                                                                                                                                   use in humans
                        Number of vaccine candidates                   towards                                                                                                                                                                                             prototyped
     8        1,1,1 b                                      Nipah: 0               Nipah: 0   Nipah: 3   Nipah: 3                                                                                                                                                             licensed
                         advanced through PI trials                     targets
                                                                       reported                                                                                                                                                                                               vaccine

                                                                       Progress                                                                            Percent of vaccine development
                        Number of vaccine candidates                   towards                                                                                 partners with necessary
     8        1,1,1 b                                      Nipah: 0               Nipah: 0   Nipah: 3   Nipah: 3                      12         2,3      agreements in place for vaccines         0           100%            100%            100%            100%           100%
                         advanced through PI trials                     targets
                                                                       reported                                                                           to be deployed and tested during
                                                                                                                                                                     an outbreak
                                                                       Progress
                        Number of vaccine candidates                   towards                                                                            Percent of vaccine development
     8        1,1,1 b                                      MERS: 0                MERS: 1    MERS: 2    MERS: 3                                           partners with plans in place for
                         advanced through PI trials                     targets
                                                                       reported                                                       13         2,3      equitable access fully consistent        0           100%            100%            100%            100%           100%
                                                                                                                                                           with CEPI’s Equitable Access
                                                                       Progress   Progress                                                                             Policy
                        Number of vaccine candidates                   towards    towards
     8        1,1,1 c                                       Lassa: 0                         Lassa: 0   Lassa: 2     Lassa: 3                                                                                Progress        Progress
                         advanced through PII trials                    targets    targets
                                                                       reported   reported                                                                Number CfP2 vaccine candidates                     towards         towards
                                                                                                                                      14        2,1,1 a                                            0                                       8 candidates
                                                                                                                                                          progressing through preclinical                     targets         targets
                                                                       Progress   Progress                                                                                                                   reported        reported
                        Number of vaccine candidates                   towards    towards
     8        1,1,1 c                                      Nipah: 0                          Nipah: 0   Nipah:1      Nipah:3
                         advanced through PII trials                    targets    targets
                                                                       reported   reported

24                                Coalition for Epidemic Preparedness Innovations                                                                                                    Business Plan 2019 - 2022                                                                        25
Indicator    TOC                                           Baseline   Target     Target      Target         Target          Target
                                 Indicators
  number     number                                           YO        2018       2019        2020           2021            2022

                                                                       Progress   Progress
                            Number of CfP2 vaccine                     towards    towards
     14       2,1,1 a                                          0                             8 candidates
                                candidates                              targets    targets
                                                                       reported   reported

                                                                       Progress   Progress    Progress
                           Number of CfP2 vaccine
                                                                       towards    towards     towards
     14       2,1,1 b   candidates progressing through         0                                            6 candidates
                                                                        targets    targets     targets
                                  preclinical
                                                                       reported   reported    reported

                           Number of CfP2 vaccine
                                                                       Annual     Annual       Annual         Annual         Annual
     15       2,2,1     candidates progressing through        N/A
                                                                       update     update       update         update         update
                                  preclinical

                            Agreements in place with
                             downstream partners on                                                                        3 agreements
     16        3,1                                             0
                         life-cycle financing a of CEPI-                                                                      in place
                        funded products, by disease area

                                                                       Progress   Progress    Progress       Progress
                           $1bn raised as multi-year                   towards    towards     towards        towards
     17        3,1                                           $630 m                                                           $1 bn
                             contributions to CEPI                      targets    targets     targets        targets
                                                                       reported   reported    reported       reported

                        Percent of priority actions taken
     18       3,2,1                                            0          0        50%          50%            50%            50%
                             to achieve efficiencies

                         Percent of vaccine partnership
                            agreements in place that
     19       3,3,1                                           N/A       100%       100%         100%           100%           100%
                         contain contingency plans for
                                manufacturing

                                                                                                                                          Epidemics affect us all. They do not respect borders.
                                                                                                                                           A virulent respiratory virus spreading as fast as flu
                                                                                                                                           can reach all major global capitals within 60 days.

                                                                                                                                              Vaccines are one of our most powerful tools
                                                                                                                                                  in the fight to outsmart epidemics.

26                                Coalition for Epidemic Preparedness Innovations
www.cepi.net
                          #OutsmartEpidemics

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