The comments come a day after the United States said it wouldin order to help speed an end to the pandemic, paving the way for what could be months of negotiations to hammer out a specific waiver plan.
"While this is a negative headline," said Morgan Stanley analysts in a research note, there is no mechanism"to force management to teach other manufacturers how to make their vaccine, suggesting no change to the status quo." "They will have to go run a clinical trial, get the data, get the product approved, and scale manufacturing. This does not happen in 6 or 12 or 18 months," Moderna chief executive Stephane Bancel said on a post-earnings conference call.
Bancel said he has had to tell some countries,"we're very sorry. We have no more supply for you in 2021."Moderna raised its 2021 sales forecast for its COVID-19 shot by 4.3% to $19.2 billion on Thursday, two days after PfizerModerna expects vaccine output could increase to 3 billion doses in 2022 to meet demand from nations looking to stock up supplies and sign up deals for"booster" doses.
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