Vaccine Makers Could Reap Billions From Booster Jabs
The New Indian Express Chennai|September 27, 2021
Pfizer expected to report $26 bn and Moderna $14 bn in global sales of boosters, which are more profitable than first two doses

MEDICINE

BILLIONS more in profits are at stake for some vaccine makers as the Us moves toward dispensing COVID-19 booster shots to shore up Americans’ protection against the virus.

How much the manufacturers stand to gain depends on how big the rollout proves to be. Us health officials late on Thursday endorsed booster shots of the Pfizer vaccine for all Americans 65 and older — along with tens of millions of younger people who are at higher risk from the coronavirus because of health conditions or their jobs.

Officials described the move as a first step. Boosters will likely be offered even more broadly in the coming weeks or months, including boosters of vaccines made by Moderna and Johnson & Johnson. That, plus growth in initial vaccinations, could mean a huge gain in sales and profits for Pfizer and Moderna in particular.

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