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Moderna eyes USD 22 billion from COVID vaccine, booster sales in 2022
New Delhi: Moderna Inc said on Monday it expected to record sales of about $18.5 billion in 2022 from contracts for its COVID-19 vaccine, and about $3.5 billion from potential additional purchases including booster candidates updated for variants.The company in November said its sales could be in the range of $17 billion to $22 billion in 2022.Moderna said it was in active discussions...
New Delhi: Moderna Inc said on Monday it expected to record sales of about $18.5 billion in 2022 from contracts for its COVID-19 vaccine, and about $3.5 billion from potential additional purchases including booster candidates updated for variants.
The company in November said its sales could be in the range of $17 billion to $22 billion in 2022.
Moderna said it was in active discussions for additional COVID-19 vaccine contracts this year.
Read also: Moderna and Pfizer vaccines safe with respect to Myocarditis risk, reassures BMJ study
The company also said it was developing a booster vaccine candidate, called mRNA-1273.529, that targets the fast-spreading Omicron variant and expects it to advance into clinical trials in early 2022.
Booster doses of the company's current COVID-19 vaccine, mRNA-1273, increased neutralizing antibody levels against Omicron at both 50 microgram and 100 microgram dose levels, the drugmaker said
Read also: Moderna CEO Bancel says people may need another booster in fall of 2022
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751