Pfizer, Moderna to reap billions from Covid-19 vaccine booster market

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For several months, the companies have said they expect that fully inoculated people will need an extra dose of their vaccines to maintain protection over time and to fend off new coronavirus variants.

The vaccine makers say evidence of waning antibody levels in vaccinated people after six months, as well as an increasing rate of breakthrough infections in countries hit by the Delta variant, support the need for booster shots.

“We don't know what the market forces will be,” Moderna president Stephen Hoge said in an interview last week. “At some point, this will become a more traditional market — we'll look at what are the populations at risk, what value are we creating, and what are the number of products that serve that value. That will ultimately impact price.”

Flu shots cost about $18 to $25 a dose, according to US government data and competition has kept price increases in check, with producers raising prices 4 or 5% in 2021. “A lot of these firms aren't even in the market yet. I think within a year's time, all these companies will have booster strategies,” said Morningstar analyst Damien Conover, who covers Pfizer.

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In the beginning they denied that extra dosages would be needed in future. Welcome to the new age of being the milking cow for big pharma. You cannot eradicate a virus which also host in animals, it will always evolve.

So it means we gonna be vaccinated every month for the rest of our lives

Bullshit

Can't they wait for poor countries to get their first dose

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Pfizer, Moderna expected to reap billions from Covid vaccine booster marketDrugmakers Pfizer Inc, BioNTech and Moderna Inc are expected to reap billions of dollars from Covid-19 booster shots in a market that could rival the $6 billion in annual sales for flu vaccines for years to come. What a wonderful man. Thanks alot Albert_Kason my Friend; I have just recieved the $12,000 profit return now inside my LUNO wallet. I believe you now 💯SIR... YOU ARE THE BEST👌🤞✅☑️✅ I still can't believe that real account manager exist I am so happy trading with shantelll_142 i never took her serious because I taught she was a scam like others ,until my first withdrawal of R60,000 within just one week of trading! I am so grateful 🤗🤗
Source: IOL - 🏆 46. / 51 Read more »

Pfizer, Moderna expected to reap billions from Covid vaccine booster marketDrugmakers Pfizer Inc, BioNTech and Moderna Inc are expected to reap billions of dollars from Covid-19 booster shots in a market that could rival the $6 billion in annual sales for flu vaccines for years to come. What a wonderful man. Thanks alot Albert_Kason my Friend; I have just recieved the $12,000 profit return now inside my LUNO wallet. I believe you now 💯SIR... YOU ARE THE BEST👌🤞✅☑️✅ I still can't believe that real account manager exist I am so happy trading with shantelll_142 i never took her serious because I taught she was a scam like others ,until my first withdrawal of R60,000 within just one week of trading! I am so grateful 🤗🤗
Source: IOL - 🏆 46. / 51 Read more »