What the next few years hold for Covid vaccine makers

ADVERTISEMENT

This week marks the J.P. Morgan Healthcare Conference, which brings together hundreds of healthcare companies every year to update investors, analysts and others on the accomplishments and future plans.. Here’s a few highlights from some of the major Covid vaccine players at the conference on Monday, and we’ll bring you more in this newsletter as the week goes on.

Moderna: CEO Stephane Bancel highlighted the growth of his company’s vaccine business, which shipped 807 million doses in 2021 and took in over $17 billion in revenue. The company’s next big thing is its work on a vaccine that can tackle multiple respiratory viruses at once. It’s currently doing clinical trials for a Covid/flu combination and plans to expand that over the next few years to include RSV and even a common cold. “We think this is in reach,” Bancel said.

Pfizer: CEO Albert Bourla said that “We have a virus that’s a lot harder to deal with than we previously thought,” a reference to the high number of mutated variants that have been seen over the course of the pandemic. To that end, he said, the company is working on an update to its vaccine to deal with omicron and other variants. The data for that will be available in March and Bourla said Pfizer is already switching up manufacturing lines for the updated vaccine. Additionally, Pfizer is preparing to manufacture 120 million doses of its Covid antiviral treatment, partially at-risk because it anticipates high levels of orders for the treatment because it can be stockpiled. The company also announced today two major deals with Beam Therapeutics and Acuitas Therapeutics to continue innovation with mRNA-based treatments and vaccines.

Novavax: Novavax began shipping its Covid vaccine last quarter and administrations started last month. 10 million doses have been shipped to Indonesia with 40 million more on the way. The company also plans to ship 27 million vaccine doses to the EU this quarter and over 40 million more next quarter. CEO Stanley Erck notes that this may indicate demand to overcome vaccine hesitancy, since Novavax’s Covid vaccine is based on a more mature technology. “People simply want a safe and effective protein-based alternative,” he said. Novavax is also currently in clinical trials for a flu/Covid booster combination shot.  Erck also said that Novavax’s vaccine may be authorized for use in the U.S. in February. 

Do you have comments or questions? Email us at health@forbes.com

Alex Knapp

Alex Knapp

Senior Editor, Healthcare & Science

 
These 18 States Are Grappling With Critical Hospital Worker Shortages As Covid Hospitalizations Surge
 
 
 
These 18 States Are Grappling With Critical Hospital Worker Shortages As Covid Hospitalizations Surge

Amid a rise in the number of patients hospitalized with Covid-19 amid the rapid spread of the omicron variant, the virus is sidelining a worrying number of frontline healthcare workers, with more than 25% of hospitals in 18 states reporting they are grappling with severe shortages of doctors, nurses and other medical workers as of Saturday, according to Department of Health and Human Services data, five more states than two weeks ago.

Read The Full Story →
 

ADVERTISEMENT

More Covid News

Experts are encouraging people to upgrade their masks from cloth to help curb Covid transmission. Here’s our guide to what you need to know about masks. 

The immune response generated by previous exposure to certain common colds could help
protect against Covid-19, according to a new peer reviewed study published in Nature Communications, which could pave the way to more long-lasting vaccines. 

Scientists in Cyprus have
found 25 cases of a strain of the coronavirus that they say combines elements of the delta and omicron variants, dubbing it “deltacron,” with a high proportion of the variant found in patients hospitalized for Covid-19. 

Incidences of Covid-19 related multisystem inflammatory syndrome are
expected to surge among children as the omicron variant pushes case numbers higher. 

The
Supreme Court revised the transcript of Friday’s oral arguments on the federal government’s Covid-19 vaccine mandates, after originally erroneously reporting Justice Neil Gorsuch claimed the flu kills “hundreds of thousands” annually.

A new study suggests that peak
viral loads in people infected with the omicron Covid variant occur between 3 to 6 days after the onset of symptoms.

Private
insurance companies will be required to reimburse customers for up to eight at-home Covid-19 tests per month starting Saturday. 

What Else We Are Reading

Forbes

You’ve received this email because you’ve opted in to receive Forbes newsletters.

Unsubscribe from Forbes InnovationRx: Coronavirus.

Manage Email Preferences | Privacy

Forbes Media | 499 Washington Blvd.

Jersey City, NJ 07130

Older messages

Billionaires’ Fortunes Tumble In Kazakhstan | Bitcoin’s Three-Month Low | Golden Globes 2022 Winners

Monday, January 10, 2022

Plus: The Top 100 Companies For Remote Jobs In 2022 ADVERTISEMENT Forbes Good morning. Violent clashes between protestors and security forces in Kazakhstan have led to nearly 8000 arrests, dozens of

Crypteau riche 🤑

Monday, January 10, 2022

CryptoCodex Forbes Billy Bambrough Forbes Senior Contributor Forbes Good Monday morning. Billy Bambrough here with the latest crypto news and what to look out for this week. Was this newsletter

The IPO forecast for 2022

Sunday, January 9, 2022

Kevin Dowd Staff Writer January 9, 2022 Big Things 1. The IPO crystal ball After a record-breaking year for IPOs in 2021, the pipeline for 2022 is already filling up. Chime, Instacart, Reddit and

Bitcoin Begins 2022 With A Crash | First NFT Billionaires

Saturday, January 8, 2022

Also: The 10 Fastest-Growing Cryptocurrency Ecosystems In 2021 Also: The 10 Fastest-Growing Cryptocurrency Ecosystems In 2021 View in browser CRYPTO CRUMBLES The cryptocurrency combined market cap has

The Best Workout Leggings To Wear To The Gym, Yoga Studio And Beyond

Saturday, January 8, 2022

Plus: Molekule Air Purifier Review: Is The Instagram-Famous Air Pro Worth It? All products and services featured are independently selected by Forbes Vetted contributors and editors. When you make a

You Might Also Like

10 Things That Delighted Us Last Week: From Seafoam-Green Tights to June Squibb’s Laundry Basket

Sunday, March 9, 2025

Plus: Half off CosRx's Snail Mucin Essence (today only!) The Strategist Logo Every product is independently selected by editors. If you buy something through our links, New York may earn an

🥣 Cereal Of The Damned 😈

Sunday, March 9, 2025

Wall Street corrupts an affordable housing program, hopeful parents lose embryos, dangers lurk in your pantry, and more from The Lever this week. 🥣 Cereal Of The Damned 😈 By The Lever • 9 Mar 2025 View

The Sunday — March 9

Sunday, March 9, 2025

This is the Tangle Sunday Edition, a brief roundup of our independent politics coverage plus some extra features for your Sunday morning reading. What the right is doodling. Steve Kelley | Creators

☕ Chance of clouds

Sunday, March 9, 2025

What is the future of weather forecasting? March 09, 2025 View Online | Sign Up | Shop Morning Brew Presented By Fatty15 Takashi Aoyama/Getty Images BROWSING Classifieds banner image The wackiest

Federal Leakers, Egg Investigations, and the Toughest Tongue Twister

Sunday, March 9, 2025

Homeland Security Secretary Kristi Noem said Friday that DHS has identified two “criminal leakers” within its ranks and will refer them to the Department of Justice for felony prosecutions. ͏ ‌ ͏ ‌ ͏ ‌

Strategic Bitcoin Reserve And Digital Asset Stockpile | White House Crypto Summit

Saturday, March 8, 2025

Trump's new executive order mandates a comprehensive accounting of federal digital asset holdings. Forbes START INVESTING • Newsletters • MyForbes Presented by Nina Bambysheva Staff Writer, Forbes

Researchers rally for science in Seattle | Rad Power Bikes CEO departs

Saturday, March 8, 2025

What Alexa+ means for Amazon and its users ADVERTISEMENT GeekWire SPONSOR MESSAGE: Revisit defining moments, explore new challenges, and get a glimpse into what lies ahead for one of the world's

Survived Current

Saturday, March 8, 2025

Today, enjoy our audio and video picks Survived Current By Caroline Crampton • 8 Mar 2025 View in browser View in browser The full Browser recommends five articles, a video and a podcast. Today, enjoy

Daylight saving time can undermine your health and productivity

Saturday, March 8, 2025

+ aftermath of 19th-century pardons for insurrectionists ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

I Designed the Levi’s Ribcage Jeans

Saturday, March 8, 2025

Plus: What June Squibb can't live without. The Strategist Every product is independently selected by editors. If you buy something through our links, New York may earn an affiliate commission.