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"Vaccine makers expecting a big windfall from COVID-19 booster shots"
"Vaccine manufacturers like Pfizer and Moderna are already enjoying quite the windfall thanks to their COVID-19 vaccines, but the approval of booster shots means they’re now on track to set some new records.
Pfizer’s COVID-19 vaccine is expected to bring in $33.5 billion this year, which would make it the best-selling drug of all time. The company’s overall revenues are expected to be as much as $80 billion for fiscal 2021 as a result.
It’s pretty clear why the firm decided to encourage American regulators to authorize a 'booster' third dose of its vaccine, claiming it will give people better protection against the virus. Naturally, this news was met with significant cynicism by those who bought into President Biden’s constant insistence that getting vaccinated would allow people to live a normal life...
Americans are now being told to get a booster just eight months after their second dose of the vaccine. This is something that Moderna’s and Pfizer’s CEOs had both stated would happen, and their stance was supported, rather predictably, by White House Medical Adviser Dr. Anthony Fauci...
Of course, for Pfizer and Moderna, the more burning question here is how much more money they can make. According to a report by Reuters, the two firms expect to rack up $50 billion in vaccine sales this year. Assuming that half of those who were on board the first time around will agree to get a booster and the prices of the jabs don’t change, they can bring in an extra 25 percent of their revenue this year, or $12.5 billion between them.
It’s important to keep in mind that this is money they can take to the bank; the vaccine makers have already been granted immunity from lawsuits related to vaccine damage."
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