The drugmaker expects demand for booster shots to fuel more growth in 2022:
COVID-19 vaccine sales jumped 44% for Moderna in the final quarter of 2021, and the drugmaker expects demand for booster shots to fuel more growth in 2022.
Shares of the Cambridge-based company soared Thursday, even as broader indexes fell after Russia launched a military attack on Ukraine. The Moderna vaccine is now available in more than 70 countries, and the company is expanding its international manufacturing. A growing amount of sales come from outside the United States, where vaccine demand is bottoming out in many parts of the country.
The company said Thursday that it also plans to ask for emergency use authorization for its vaccine in adolescents who have compromised immune systems or are at a higher risk of a bad outcome if they catch the virus. Moderna also plans to study a potential lower dose of the shots for that age group.
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