Moderna improves forecast for 2022 sales from COVID-19 vaccine

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Moderna raises 2022 vaccine sales forecast to US$18.5 billion

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:Moderna Inc said on Monday it expected to record sales of about US$18.5 billion in 2022 from contracts for its COVID-19 vaccine, and about US$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 US$17 billion to US$22 billion in 2022.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.

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Exact same reason why they lobby governments to make 3rd, 4th, 5th booster shot mandate.

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