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Covid-19 vaccine makers shift focus to boosters

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NEW JERSEY - Covid-19 vaccine makers are shifting gears and planning for a smaller, more competitive booster shot market after delivering as many doses as fast as they could over the last 18 months.

Executives at the biggest Covid-19 vaccine makers including Pfizer Inc and Moderna Inc said they believe most people who wanted to get vaccinated against Covid have already done so - more than 5 billion people worldwide.

Upstart US vaccine maker Novavax Inc and Germany's CureVac NV, which is working with GlaxoSmithKline, are developing vaccines they hope to target at the booster market. It is also unclear if vaccine makers will sell a redesigned shot this fall and each fall afterward, as flu vaccine makers do to match circulating strains, and what impact that might have on waning demand.

The United States and Western Europe - where about 600 million people are vaccinated - will remain important markets, but sales may be a fraction of what they have been, Cowen analyst Tyler Van Buren said.

 

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