fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
    • All
    • Central
    • Commercial
    • Digital
    • Islamic
    • Private
    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    OPay obtains approval of Egypt's CBE to issue prepaid cards

    OPay obtains approval of Egypt’s CBE to issue prepaid cards

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Digital voice-based banking to become the new reality in 2022?

    Digital voice-based banking to become the new reality in 2022?

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

  • Non Banking
    • All
    • Crypto & Fintech
    • Currencies
    • Funds
    • Insurance
    • Mergers & Acquisitions
    • Taxation
    • Wealth & Asset Management
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

  • Markets
    • All
    • Brokerage
    • Energy
    • Forex
    • Ultility
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Russia attacks Ukraine grain network in bid to cut competition

    Russia attacks Ukraine grain network in new bid to cut competition

    Crisis talks in EU after Russia cuts gas to 2 member countries

    Crisis talks in EU after Russia cuts gas to 2 member countries

  • Infrastructure
    • All
    • Education
    • Healthcare
    • Logistics
    • Real Estate
    • Telecom
    • Transportation
    In 2022, Abu Dhabi real estate records a boom with an influx of international investors

    In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    Modern Indian architecture creating heat waves in 21st century

    Modern Indian architecture creating heat waves in 21st century

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

    Secondary real estate market of Dubai dominates in the first quarter of 2022

    Secondary real estate market of Dubai dominates in the first quarter of 2022

  • Lifestyle
    • All
    • Fashion
    • Hospitality
    • Retail
    • Technology
    • Tourism
    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Saudi government likely to add to its $500bln NEOM commitment

    Saudi government likely to add to its USD500 billion NEOM commitment

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Lufthansa and TripActions launch New Travel Platform for SMEs

    Lufthansa and TripActions launch New Travel Platform for SMEs in 2022

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

  • FeatureNew
    • All
    • Business Leaders
    • Exclusive Coverage
    • Long reads
    • Startups
    Beema Insurance - Fastest Growing InsurTech Company

    Beema Insurance – Fastest Growing InsurTech Company 2021

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    The Internet – Are We Safe in the 21st Century?

    The Internet – Are We Safe in the 21st Century?

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

    Nine women entrepreneurs at the helm of crypto success in 2022

    Nine women entrepreneurs at the helm of crypto success in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Meta for MENA; SMEs receive boost in 2022

    Meta for MENA; SMEs receive boost in 2022

  • Awards
No Result
View All Result
  • Home
  • Banking
    • All
    • Central
    • Commercial
    • Digital
    • Islamic
    • Private
    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    OPay obtains approval of Egypt's CBE to issue prepaid cards

    OPay obtains approval of Egypt’s CBE to issue prepaid cards

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Digital voice-based banking to become the new reality in 2022?

    Digital voice-based banking to become the new reality in 2022?

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

  • Non Banking
    • All
    • Crypto & Fintech
    • Currencies
    • Funds
    • Insurance
    • Mergers & Acquisitions
    • Taxation
    • Wealth & Asset Management
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

  • Markets
    • All
    • Brokerage
    • Energy
    • Forex
    • Ultility
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Russia attacks Ukraine grain network in bid to cut competition

    Russia attacks Ukraine grain network in new bid to cut competition

    Crisis talks in EU after Russia cuts gas to 2 member countries

    Crisis talks in EU after Russia cuts gas to 2 member countries

  • Infrastructure
    • All
    • Education
    • Healthcare
    • Logistics
    • Real Estate
    • Telecom
    • Transportation
    In 2022, Abu Dhabi real estate records a boom with an influx of international investors

    In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    Modern Indian architecture creating heat waves in 21st century

    Modern Indian architecture creating heat waves in 21st century

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

    Secondary real estate market of Dubai dominates in the first quarter of 2022

    Secondary real estate market of Dubai dominates in the first quarter of 2022

  • Lifestyle
    • All
    • Fashion
    • Hospitality
    • Retail
    • Technology
    • Tourism
    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Saudi government likely to add to its $500bln NEOM commitment

    Saudi government likely to add to its USD500 billion NEOM commitment

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Lufthansa and TripActions launch New Travel Platform for SMEs

    Lufthansa and TripActions launch New Travel Platform for SMEs in 2022

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

  • FeatureNew
    • All
    • Business Leaders
    • Exclusive Coverage
    • Long reads
    • Startups
    Beema Insurance - Fastest Growing InsurTech Company

    Beema Insurance – Fastest Growing InsurTech Company 2021

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    The Internet – Are We Safe in the 21st Century?

    The Internet – Are We Safe in the 21st Century?

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

    Nine women entrepreneurs at the helm of crypto success in 2022

    Nine women entrepreneurs at the helm of crypto success in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Meta for MENA; SMEs receive boost in 2022

    Meta for MENA; SMEs receive boost in 2022

  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Infrastructure Healthcare

Moderna to earn at least $19 billion in Covid vaccine sales in 2022

Moderna stock was trading at 11.4% higher than before on Thursday

Sunil Bolar by Sunil Bolar
February 25, 2022
in Healthcare, Brokerage, The Global Economics, Top Stories
Reading Time: 2 mins read
0
Moderna to earn at least $19 billion in Covid vaccine sales in 2022

Moderna to earn at least $19 billion in Covid vaccine sales in 2022

845
SHARES
4.7k
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link
  • In a statement to the media, Moderna CEO Stephane Bancel said that the world may be moving out of the pandemic and into an endemic phase as the Covid-19 omicron wave subsides in the U.S. and around the world.
  • The company raised its 2022 revenue estimates for Covid vaccine sales by $2 billion.

Moderna‘s Vaccine Sales

In a statement issued on Thursday, pharmaceutical giant Moderna said it aims to sell at least $19 Billion worth of its Covid vaccine in 2022, reporting fourth -quarter earning that totally beat the earning and revenue estimates of analysts.

In morning trading on Thursday, Moderna stock was trading at 11.4% higher than before. The company’s vaccine sale forecast for 2022 was $2 Billion higher than its previous estimation. In earlier statement, the company had estimated earning $17 Billion from Covid vaccine sales in 2022.

CEO Stephane Bancel stated on Thursday morning that the $19 billion only reflects signed purchase agreements and does not include potential U.S. sales yet since the US federal government had not signed any advanced purchase agreements for 2022.

Declining to comment on any future pricing in the US, the CEO of the company mentioned that he expected the price to increase as vaccines move into a normalized, private market. He also said that the price will not reflect the vaccine’s value from a pharma-economic perspective.

Earlier, Moderna reported $4.9 billion in net income from vaccine sales for the fourth quarter. The company sold $17.7 billion worth of its Covid vaccine in 2021. Moderna’s total revenue for 2021 was $18.5 billion.

Mr. Bancel stated that he feels the world will be moving out its pandemic phase into an endemic one, while cautioning that people over 50 and those with underlying health conditions may need to receive booster shots later this year.

The Covid vaccine from Moderna is its’ only commercially available treatment. The vaccine, which comprises two doses has been fully approved by the FDA and CDC for adults aged 18 and above.

Moderna is also in the process of producing a booster that covers the Omicron and other circulating strains of the virus.

The company’s Chief Medical Officer Paul Burton reaffirmed that a booster that targets both the omicron and delta variants will be needed in 2022.

In the US alone, more than 207 million doses of Moderna’s vaccine have been administered since the FDA first authorized the shots on an emergency basis in December 2020.

Via: Short URL
Tags: American pharmaceuticalCovid vaccine salesCOVID19 vaccineModerna
Sunil Bolar

Sunil Bolar

Sunil is a creative person who combines his love for writing with tech and business.

Related Posts

Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030
Funds

Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

by Sunil Bolar
May 19, 2022
In 2022, Abu Dhabi real estate records a boom with an influx of international investors
Real Estate

In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

by Sunil Bolar
May 19, 2022
Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026
Energy

Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

by Sunil Bolar
May 19, 2022
Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022
Transportation

Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

by Sunil Bolar
May 18, 2022
New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse
Education

New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

by Sunil Bolar
May 18, 2022
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

May 19, 2022
In 2022, Abu Dhabi real estate records a boom with an influx of international investors

In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

May 19, 2022
Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

May 19, 2022
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Receive the latest news

Subscribe To Our Weekly Newsletter

Get notified about new articles, delivered right into your email inbox.

Go to mobile version