Biotech company Moderna said Thursday that it expects to make almost $20 billion this year from sales of its COVID-19 vaccine — the only product that it has on the market.
Moderna said in its earnings report that it generated $4.9 billion in the final quarter of 2021 and sold almost $18 billion worth of the vaccine for all of last year, its first full year of selling the coronavirus shot.
“In 2021, we delivered 807 million doses with approximately 25% of those doses going to low- and middle-income countries, and we will continue to scale in 2022 to help end the COVID-19 pandemic,” Moderna CEO Stephane Bancel said in a statement.
“Moderna has experienced exponential growth and we have more than doubled the size of our team over the last year with a global team of 3,000.”
Bancel said that COVID-19 might move from the pandemic phase to an endemic setting sometime this year, and that people will need booster shots in the fall.
The forecast of $19 billion in sales in 2022 is far above what most analysts expected. Moderna’s vaccine is available in more than 70 countries.
The company is presently conducting clinical trials for a booster shot specifically geared toward fighting the Omicron variant.
More than 200 million doses of Moderna’s vaccine have been administered in the United States since it was first authorized in December 2020.
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Not bad for a company that until 2021 had lost money every quarter of every year of their existence, had never succeded in getting a drug to market, or had one approved, but oh yeah, was in partnership with the US National Health Institute (NIH)…
DALLAS, TX – Glenn Beck, a conservative political commentator, and radio host appeared on Tucker Carlson Wednesday night, where he discussed National Institutes of Health’s (NIH) claim of partial ownership of the Moderna COVID-19 vaccine last year, and alleged that the reason for this was due to the federal organization having worked with the pharmaceutical giant to develop the vaccine before the pandemic even started.
NIH Director Francis Collins had stated during an interview in May 2020 that “We do have some particular stake in the intellectual property” licensed out and incorporated into Moderna’s vaccine.
However, Beck alleged during his appearance on Tucker Carlson that the U.S. government began their partnership with Moderna in 2015 specifically to research and develop mRNA coronavirus vaccines, well before COVID-19 existed.
How can they be ‘selling’ us STUFF THAT WE ALREADY paid for, via our taxes being spent BY the govt, to fund these shots?!
Government control and corporate profits. $20 billion in sales—I suppose that could figure in as to why they push the vaccines.
EXACTLY.. Follow the bloody money!