Pfizer CEO Albert Bourla predicted in a Wednesday interview that people will most likely need annual COVID-19 booster shots, a sign that we'll be contending with the novel coronavirus for years to come.
"The most likely scenario is we will be needing annual re-vaccination, as we do with the flu vaccine," Bourla said.
Bourla's view on the long-term role of booster shots and the pandemic comes as his company started to submit data to the Food and Drug Administration on Wednesday for its booster shot.
US health officials said earlier this month that they plan to start offering boosters in September, but the FDA first needs to review and approve the applications from each company.
One of the largest investor debates around COVID-19 vaccines has been whether or not demand for COVID-19 shots will fade over time, or if people will need to get them regularly.
If booster shots turn into a long-lasting business, that could pump billions of dollars of revenue into vaccine-makers like Pfizer and Moderna for years to come.
Over the last few months, Pfizer and Bourla have argued that an initial booster shot would likely be needed six to 12 months after initial vaccination.
Friday, August 27, 2021
Pfizer CEO Albert Bourla Predicts Annual COVID-19 Boosters Shots
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