Moderna: The pandemic will probably end in 2022, but new vaccinations will be needed every year

The American company Moderna announced that, according to its estimates, the pandemic will probably end in 2022, but it predicts that in the coming years, annual booster doses of vaccines will be needed during the autumn (starting this year), in order to better protect themselves. people from the coronavirus, who would otherwise be able to infect several vaccinated people.

It also announced that in 2021 it had annual sales of $ 18.5 billion and presented its first annual profits, while rejecting the notion that it is a “single product company” (vaccine against Covid-19).

At the same time, according to the “Financial Times”, it announced that it is developing a new booster vaccine that will combine the existing Spikevax vaccine against coronavirus and a booster vaccine specifically against the Omicron variant, considering that the new combination vaccine will provide more protection. He is also conducting clinical trials of a combination vaccine against coronavirus and influenza.

Moderna CEO Stefan Bansell said the company, thanks to its mRNA technology, would gradually bring new drugs to market, and predicted that it would continue to sell strong boosts of Covid-19 vaccine, even if pandemic crisis in developed countries subside. As he said, most likely the booster doses will be introduced every year for people over 50 and those who are vulnerable due to chronic diseases.

He estimated that there is an 80% chance that Covid-19 will develop into an endemic disease this year, due to the large increase in Omicron infections and the increase in vaccinations. Endemicity, according to Banchel, will allow the company to charge a higher price for its vaccine.

SOURCE: AMPE

Source: Capital

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